{
}
UBS has downgraded H&M from Buy to Neutral, lowering the price target from SEK 187 to SEK 149 due to concerns over a prolonged recovery phase and disappointing sales. The analysts revised long-term financial estimates, reducing gross margin guidance and EPS forecasts for 2025 and 2026. Barclays also downgraded H&M, while CFRA maintained a Buy rating, highlighting mixed analyst sentiments amid ongoing challenges in the retail sector.
E.ON SE is a major player in the electricity and gas sector, with net sales primarily derived from electric energy (66.8%) and gas distribution (24.8%). Geographically, the company generates most of its revenue in Germany (51.8%), followed by the UK (20.7%) and other European regions.
Laiqon has appointed a former UBS executive to its Board of Directors, enhancing its leadership team. Henrik af Donner, who previously served as managing partner at Meander Capital, has been named Head of Sales for Northern Europe at BNP Paribas Asset Management, bringing extensive experience from Axa Investment Managers and UBS Global Asset Management.
Artificial intelligence is rapidly evolving, presenting significant opportunities for telecom operators, according to Huawei executives. The average daily usage of AI model tokens in China has surged 33-fold in eight months, with expectations that mobile internet traffic driven by AI will exceed current levels by 3.5 times by 2030. To capitalize on this growth, telecoms must transform their business models and enhance their infrastructure to fully leverage the revenue potential of AI traffic.
Swedish fund manager Areim has successfully raised €450 million (US$481 million) to advance sustainable data center development through its subsidiary, EcoDataCenter. The funding, announced on March 5, aims to minimize the environmental impact of data centers by utilizing renewable energy and innovative technologies. EcoDataCenter, established in 2019, focuses on optimizing energy efficiency and reducing emissions.
Tesla's sales have plummeted in several key markets, with a staggering 76% drop in Germany and nearly 50% decline in China, where competition from BYD surged. Other European countries like Norway, Denmark, and Sweden also reported significant year-over-year decreases, raising concerns for Elon Musk as he aims for growth amid increasing competition and political controversies surrounding his actions.
CoreWeave has partnered with EcoDataCenter, which has successfully secured half a billion dollars in funding. This investment aims to support the construction of more sustainable buildings tailored for artificial intelligence applications. The initiative highlights a growing commitment to eco-friendly infrastructure in the tech industry.
UBS has raised its price target for Costco Wholesale Corporation to $1,205 from $1,140. The company operates 890 warehouse stores across various countries, with the majority located in the U.S. (72.4% of net sales), and generates 98.1% of its revenue from product sales and 1.9% from subscriptions.
Lila Alexey Tretikov, founder of NAM.R SA, has held various prominent positions, including Independent Director at Volvo Car AB and Xylem, Inc. She previously served as CEO of Wikimedia Endowment and Wikipedia, Inc., and has extensive experience in technology and management roles across multiple companies. Tretikov holds degrees from the University of California, Berkeley, and Moscow State University Lomonosov.
US President Donald Trump has initiated an investigation into timber imports, potentially leading to higher tariffs, citing national security concerns. This move targets large exporters like Germany, Canada, and Brazil, with the aim of boosting domestic timber production and reducing construction costs. However, industry leaders warn that such tariffs could increase construction expenses and hinder new projects.
SWE
Country
The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
ubs downgrades h m share rating and lowers target price to sek 149
07:13 07.03.2025
ubs maintains buy rating for eon ag amid strong sales performance
17:55 06.03.2025
Laiqon appoints former UBS executive to enhance Board of Directors expertise
United States Dollar
Nordea Investment Management AB
AXA Investment Managers SA
SWE
Henrik Otto Donner
06:47 06.03.2025
telecom operators poised to benefit from surge in ai model token usage
United States Dollar
Huawei Technologies CO. Ltd.
SWE
CHN
Yang Chaobin
Hans Hammar
Zhao Dong
Show more
03:44 06.03.2025
Areim secures 481 million dollars for sustainable data center initiatives
03:35 06.03.2025
tesla faces significant sales declines in key markets amid rising competition
21:05 05.03.2025
EcoDataCenter secures funding to develop sustainable AI infrastructure
07:41 05.03.2025
ubs raises costco wholesale price target to twelve hundred five dollars
United States Dollar
Costco Wholesale Corporation Corp.
FRA
TWN
JPN
AUS
ESP
SWE
NZL
CAN
USA
ISL
GBR
MEX
KOR
CHN
Show more
19:20 04.03.2025
Lila Alexey Tretikov nominated for UBS board of directors
Euro
United States Dollar
Cervest Ltd.
SOPHiA GENETICS SA
Bank of America Corporation
Rackspace Technology Global Inc.
Symbolic Logic Inc.
Sprint Communications LLC
Onfido Ltd.
Volvo Car AB
FRA
SWE
USA
RUS
GBR
Show more
07:06 04.03.2025
us considers punitive tariffs on german timber imports amid trade tensions
06:21 04.03.2025
Trending
Subcategory
Stock Market Updates
Corporate News
Industry Trends
Finance Mergers & Acquisitions
Hedge Funds & Private Equity
Global Trade Developments
Global Financial Events
Market Analysis and Predictions
Financial Scams and Security
Government Policies
Banking Regulations
CEO Changes
Startups & Entrepreneurship
Economic Sanctions
Retail and Consumer Goods
Industry Mergers & Acquisitions
Central Bank Actions
Workplace Trends
International Relations
Government Economic Policies
Countries:
Companies:
JPMorgan Chase & Co.
Tesla, Inc.
The Goldman Sachs Group, Inc.
Wells Fargo & Company
Apple Inc.
Bank of America Corporation
Barclays PLC
Citigroup Inc.
Morgan Stanley
Berkshire Hathaway Inc.
Microsoft Corporation
SpaceXCoin USD
The Charles Schwab Corporation
AMERICAN EXPRESS
Amazon.com, Inc.
U.S. Bancorp
UBS Group AG
Banco Santander, S.A.
Deutsche Bank Money Market PP
Citizens, Inc.
Currencies:
United States Dollar
Euro
Indian Rupee
Chinese Yuan
Japanese Yen
British Pound Sterling
South Korean Won
Swiss Franc
United Arab Emirates Dirham
Canadian Dollar
Israeli New Shekel
Swedish Krona
Mexican Peso
New Taiwan Dollar
Egyptian Pound
People: