(Bloomberg) — Apple Inc. was hit with a pair of downgrades on Thursday, in the latest sign of caution toward the iPhone maker, which has sharply underperformed its large-cap tech peers this year. With the downgrades, Apple’s recommendation consensus — a proxy for the ratio of buy, hold, and sell ratings — has dropped to 3.9 out of 5, its lowest since early 2020, according to data compiled by Bloomberg. Just 55% of the analysts tracked by Bloomberg recommend buying the stock, which is extremely low among m ...

Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Bitcoin hit an all-time high of nearly $125,000 last month, but here’s the twist nobody saw coming: September—historically the digital asset’s weakest month—might actually be when it finally reclaims dominance from Ethereum’s summer rally. While crypto traders brace for Bitcoin’s traditional September slump, a growing chorus of analysts believes this year’s dynamics could flip the script entirely. After wa ...

TimesSquare Capital Management, an equity investment management company, released its “U.S. Focus Growth Strategy” second-quarter 2025 investor letter. A copy of the letter can be downloaded here. In the second quarter, equities saw double-digit returns as global economic activity expanded. Growth indexes outperformed the value counterparts in the quarter. The global risk factors like Beta, Momentum, and Residual Volatility were highly rewarded, while Earnings Quality, Value, and Growth were detracted. Furt ...

Artificial intelligence (AI) is at the forefront of many major discussions surrounding personal finance, with AI models like ChatGPT frequently being used to dispense (unofficial) financial advice, particularly in terms of slashing household budgets or cultivating passive income streams. But can AI help you build wealth, no matter which tax bracket you find yourself falling into? Opinions on the matter appear to vary, depending on demographics. Trending Now: Here’s the Minimum Net Worth To Be Considered U ...

Thomas Fuller / SOPA Images / LightRocket via Getty Images Opendoor Technologies shares surged 50% soon after the opening bell Thursday, Sept. 11, 2025 Key Takeaways Opendoor Technologies names former Shopify CFO Kaz Nejatian to be new CEO. The online real estate platform also brought back Co-Founders Keith Rabois and Eric Wu as board members, with Rabois as Chair. Rabois' venture capital firm and Wu are investing $40 million in the company. Opendoor Technologies (OPEN) shares soared 50% Thursday, ...

Interloop Limited is the latest company to invest in Egyptian manufacturing. The Pakistani hosiery, denim, knit apparel and seamless activewear company announced this week that it is making a $35.2 million investment by a subsidiary of its associate company to establish a manufacturing facility in Egypt’s Suez Canal Economic Zone (SCZONE). More from Sourcing Journal The ready-made garment plant, which will initially begin with hosiery, will be fully export-oriented when it opens in 2027. It is expected t ...

Bitcoin and Ethereum may have traded victory laps this year, but Solana is set to stage an encore. At least that’s according to Matt Hougan, chief investment officer at Bitwise. Solana traded for $224 on Thursday, its highest price in seven months, and Hougan says it could be the next major cryptocurrency to experience a price rally. Solana is 23% from its all-time high of $293, according to CoinGecko. “All the ingredients are there for an epic end-of-year run for Solana,” Hougan said this week. Those ...

TimesSquare Capital Management, an equity investment management company, released its “U.S. Focus Growth Strategy” second-quarter 2025 investor letter. A copy of the letter can be downloaded here. In the second quarter, equities saw double-digit returns as global economic activity expanded. Growth indexes outperformed the value counterparts in the quarter. The global risk factors like Beta, Momentum, and Residual Volatility were highly rewarded, while Earnings Quality, Value, and Growth were detracted. Furt ...

The light commercial vehicle (LCV) market saw growth in August 2025, with British Car Auctions (BCA) reporting an average value of £7,892 ($10,668), up £955 from the same period last year. According to the automotive remarketer, this 13.8% increase highlights a dynamic shift in the market, as performance against guide price expectations rose by two percentage points to 107.6%. BCA sold more than 8,500 LCVs in August, a month traditionally quieter for trading. The market saw participation from more than ...

By Sara Rossi and Alun John LONDON (Reuters) -The U.S. Federal Reserve is an outlier among central banks in developed markets, as it looks set to resume rate cuts just as many of its peers are reaching the end of their easing cycles. The European Central Bank (ECB) left rates unchanged on Thursday, while Japan is expected to hike rates before the year is out. Here's where 10 major central banks stand: 1/ SWITZERLAND The Swiss National Bank meets on September 25. After it cut its key rate to 0% in June ...