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financial advisor team joins ubs private wealth management in miami

UBS Private Wealth Management has welcomed the financial advisor team AMD Wealth Partners, led by Ary Velasco, Michael von Borsig, and David Cardenas, to its Miami office. The team, with nearly 80 years of combined experience, previously managed over $1.4 billion in client assets and is committed to providing personalized financial solutions. Velasco, with nearly four decades in the industry, and von Borsig, with two decades of experience, bring extensive expertise from prestigious firms, enhancing UBS's offerings in the region.
Yahoo Finance
United States Dollar Citi Lydian Truist Northwestern University SCHOOL Banco de Sabadell, S.A. Southern Methodist University Stifel, Nicolaus & Company Inc. Barclays PLC UNION BANCAIRE PRIVEE, UBP SA Florida International University Northern Trust Corporation UBS USA ESP GBR CHE Ary C Velasco Michael Von Borsig David Cardenas Show more
TradFi, Press Release
19:36 25.11.2024

financial advisor team joins ubs private wealth management in miami

UBS Private Wealth Management has welcomed the financial advisor team AMD Wealth Partners to its Miami office, led by Ary Velasco, Michael von Borsig, and David Cardenas. The team brings nearly 80 years of combined experience and was previously responsible for managing over $1.4 billion in client assets.
markets.ft.com
United States Dollar UBS USA CHE Ary C Velasco Michael Von Borsig David Cardenas Show more
TradFi, Press Release
19:36 25.11.2024

ubs raises tesla price target amid skepticism over ai valuation

UBS analyst Joseph Spak has raised Tesla's price target to $226 while maintaining a 'Sell' rating, citing concerns over the speculative nature of its AI initiatives, which he believes inflate the market cap by nearly $1 trillion. He estimates that Tesla's auto and energy divisions contribute about $52 per share, with AI-related optimism accounting for the rest. In contrast, Wedbush's Dan Ives views Tesla as undervalued in the AI sector, while Morgan Stanley reaffirms a 'Buy' rating, highlighting its leading self-driving technology.
@gurufocus
United States Dollar Tesla, Inc. UBS Morgan Stanley USA Dan Ives Joseph Spak Elon Musk Show more
TradFi, Market Report
19:27 25.11.2024

growth prospects of asset management in central and eastern europe

At a recent press conference, Raiffeisen Capital Management unveiled its CEE Asset Management Radar, highlighting the growth potential of the asset management industry across fourteen Central and Eastern European countries. The radar combines economic data with asset management trends, forecasting a compound annual growth rate of 12.1% for the region, driven primarily by net inflows. Raiffeisen Group's assets under management reached a record high of nearly 65 billion euros, reflecting a robust recovery and increasing interest in sustainable investments.
@leadersnet_at
Euro United States Dollar Raiffeisen Bank International AG SVK HUN SVN BIH BGR POL UKR AUT HRV ROU CZE SRB ALB Michal Kustra Gunter Deuber Show more
TradFi, Market Report
19:26 25.11.2024

endurosat orders 100 electric propulsion systems to enhance satellite capabilities

EnduroSat has ordered 100 electric propulsion systems from Austria's Enpulsion to meet the growing demand for larger spacecraft. The company plans to integrate these thrusters into its 6U and larger satellite platforms, enhancing operational life and maneuverability. The first 30 systems are expected to be delivered within the next year, with an initial batch arriving by year-end.
SpaceNews
United States Dollar Enpulsion EnduroSat BGR AUT Raycho Raychev
Technology & Innovation, Press Release
19:25 25.11.2024

Tesla faces potential price cuts after electric vehicle tax credit removal

Tesla, Inc. focuses on electric vehicle design, manufacturing, and marketing, with 81.1% of sales from motor vehicles. The company is expanding its services, energy production, and storage systems, and will operate seven production sites by the end of 2023, primarily in the USA, China, and Germany. UBS suggests that Tesla may need to reduce prices following the removal of the electric vehicle tax credit to sustain sales.
Zonebourse
United States Dollar Tesla, Inc. USA CHN DEU Elon Musk Show more
TradFi, Market Report
19:14 25.11.2024

trading strategies for tcs hdfc bank and other stocks on tuesday

Bulls continued to dominate Dalal Street, pushing the Nifty 50 up by 1.3% on November 25, with a positive market breadth as 1,783 shares advanced against 744 declines. Despite a significant 1,000-point rally over two sessions, some consolidation may occur. Recommended short-term buy ideas include TCS and HDFC Bank.
Moneycontrol
TCS HDFC Bank Limited IND Jay Thakkar
Finance & Economy, Market Report
19:13 25.11.2024

ubs raises tesla price target amid skepticism over ai valuation

UBS analyst Joseph Spak has raised Tesla's price target to $226 from $197 while maintaining a 'Sell' rating, citing concerns over the speculative nature of its AI initiatives, which he believes inflate the market cap by nearly $1 trillion. He estimates that Tesla's auto and energy divisions contribute about $52 per share, with the rest driven by AI optimism. In contrast, Dan Ives from Wedbush Securities views Tesla as undervalued in the AI sector, highlighting its Full Self-Driving technology as a significant opportunity, while Morgan Stanley reaffirms a 'Buy' rating, praising Tesla's self-driving capabilities and responsiveness to pro-charging policies in the U.S.
Yahoo Finance
Morgan Stanley Tesla, Inc. UBS Wedbush Securities Inc. USA Dan Ives Joseph Spak Elon Musk Show more
TradFi, Market Report
19:12 25.11.2024

avigating the energy transition challenges in pakistan and beyond

Many island nations face challenges similar to those in Pakistan, where the shift to renewable energy raises questions about the viability of traditional state-run grids. As solar power adoption grows, the national grid risks instability and financial strain, prompting calls for modernization and market reforms. Despite efforts to promote solar energy, concerns about affordability and the shrinking customer base for the grid persist, highlighting the complex dynamics of energy transition in emerging markets.
CleanTechnica
United States Dollar OilPrice.com Financial Times Ltd.(the) PV Magazine PAK USA Awais Leghari Show more
Finance & Economy, Blog Post
19:06 25.11.2024

climate finance deal falls short amid geopolitical tensions and fossil fuel influence

The recent climate finance deal reached in Baku has been criticized for failing to address the urgent needs of developing nations, lacking ambitious goals to limit global warming, and excluding major polluters like the US and China from mandatory contributions. Critics argue that the agreement perpetuates a cycle of debt for vulnerable countries while rich nations evade their financial responsibilities, leading to a significant setback in global climate action. The influence of fossil fuel lobbyists at the summit further diluted commitments, leaving many delegates feeling betrayed.
Health Policy Watch
United States Dollar Euro Oxfam OECD USA CAN DEU FRA IND SAU RUS CHN ARE KOR AZE Annalena Baerbock Chandni Raina Donald Trump Show more
Finance & Economy, News Article
18:58 25.11.2024
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