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The Latest Breaking News from UBS

Governments are likely to pillage the $80 trillion Great Wealth Transfer to help balance their national debt burdens, says UBS

“It seems unrealistic to suppose that governments will just sit idly by as this wealth moves around. We would expect governments to attempt to mobilize that wealth to help fund their debt,” UBS chief economist Paul Donovan said.

Fortune

FTSE 100 hits new record ahead of Federal Reserve meeting and tech results

The FTSE 100 index closed up 42.92 points at 9,696.74.

Evening Standard

Analysts Are Souring on Chipotle Stock Ahead of Earnings. Should You Sell CMG Here?

UBS just cut its price target on Chipotle and warned sales and earnings are likely to be pressured.

Barchart

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Former trader who had conviction quashed sues ex-employer for more than £300m

Ex-Citigroup and UBS trader Tom Hayes was jailed for 14 years after his conviction in 2015.

Evening Standard

First banker jailed over Libor interest rate rigging to sue UBS for $400m

Tom Hayes claims he was ‘hand-picked scapegoat’ for the Swiss bank as it tried to avoid regulatory scrutiny

The Guardian - UK

Miami's outgoing mayor warns about what he sees happening in New York and the 2 cities' different approaches to next summer's World Cup

Although Suarez is proud of his tenure, "we used to be a lot more affordable than New York, until all the New Yorkers came and now we're close in price."

Fortune

Super Micro Computer To Rally Around 25%? Here Are 10 Top Analyst Forecasts For Friday

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page.

Benzinga

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China Vows Massive High-tech Sector Development In Next Decade

China will develop its high-tech sector on a massive scale in the next decade, top officials vowed Friday, a day after meetings on the country's future policy priorities concluded in Beijing.

International Business Times

Dear Chipotle Stock Fans, Mark Your Calendars for October 29

With concerns related to growth and margin compression, should you buy, sell, or hold Chipotle stock?

Barchart

Texas Instruments Q3 FY2025 Earnings Call Transcript

Texas Instruments, Inc. (NASDAQ:TXN) released its third-quarter earnings report after Tuesday’s closing bell.

Benzinga

Should You Buy the Dip in Oracle Stock?

Oracle stock has been inching lower in recent sessions but there are ample reasons for long-term investors to consider loading up on ORCL shares on the pullback.

Barchart

Amazon says Web Services are recovering after outage hits millions of users – as it happened

Fortnite, Roblox, SnapChat, Lloyds Bank, Ring doorbells and Amazon’s own shopping site among services hit by online outage

The Guardian - UK

Art for everyone: Artweeks transforms Istanbul's art scene

The event, sponsored by UBS and Bilgili Holding, showcases free examples of modern and contemporary art at two locations from October 15-26.

Euronews

Snowflake Is Partnering with Palantir. Does That Make SNOW Stock a Buy Now?

Snowflake announces a strategic partnership with Palantir. Here’s why the agreement warrants owning SNOW stock.

Barchart

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Barchart

Wall Street Is Heating Up on This ‘Strong Buy’ Chip Stock

After a sluggish start to the year, this ‘Strong Buy’ chip stock is back in the spotlight as bullish analyst upgrades spark renewed investor excitement.

Barchart

As Tesla Launches an Updated Model Y, Should You Buy, Sell, or Hold TSLA Stock?

Is Tesla a buy after launching new affordable electric vehicles?

Benzinga

This CRH Analyst Begins Coverage On A Bullish Note; Here Are Top 5 Initiations For Tuesday

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades, downgrades and initiations, please see our analyst ratings page.

Fortune

Trump bet China would face ‘tremendous difficulties’ without U.S. consumers—Beijing just focused on the rest of the world instead

China’s trade diversification has been so successful that its export market is growing significantly despite the trade war.

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Benzinga

Billion Dollar Auto Supplier Went Poof—What You Need To Know About First Brands Catastrophe

When $11.6 billion vanishes in a matter of weeks, Wall Street sits up and takes notice. That's the fallout from First Brands, the Rochester, Michigan-based auto parts supplier whose bankruptcy has become a cautionary tale of opaque financing, missing payments, and potential fraud.

Fortune

'Is AI hurting growth?' Top analysts say their clients are starting to worry as the 3-year bull market shows its age

“It seems you can’t go anywhere without talking about AI,” says Aditya Bhave, senior U.S. economist at Bank of America Research.

Benzinga

Goldman Sachs, Citi, Bank Of America To Walk Through The Door Opened By Trump-Backed GENIUS Act

A consortium of major banks including Goldman Sachs Group Inc. (NYSE:GS), Citigroup Inc. (NYSE:C), UBS Group AG (NYSE:UBS), Deutsche Bank AG (NYSE:DB), and Bank of America Corp. (NYSE:BAC) announced plans to explore blockchain-based assets pegged to G7 currencies, according to Reuters.

Benzinga

Top 3 Materials Stocks That Could Lead To Your Biggest Gains In October

The most oversold stocks in the materials sector presents an opportunity to buy into undervalued companies.

Benzinga

Dell Technologies Stock Is On The Rise Today: What's Driving The Momentum?

Dell Technologies Inc (NYSE:DELL) shares are trading higher on Wednesday following a wave of analyst price target increases after the company provided an updated outlook at an analyst meeting.

Benzinga

Alibaba Launches Robotics Team to Turn AI Models Into Real-World Machines

Alibaba Group (NYSE:BABA) has launched an in-house robotics team, marking its entry into the competitive race for AI-powered physical products.

Benzinga

AMD To Rally More Than 47%? Here Are 10 Top Analyst Forecasts For Tuesday

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page.

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