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StreetInsider.com Top Tickers, 8/14/2026
- S&P 500 notches record-high close as rate-hike worries ease
- Oil settles down 2% on weak demand outlook, hefty US crude build
- BofA lifts server CPU TAM to $210bn+ on the rise of AI agents
- Burry doubles down on Nebius short after stock surges 34% on earnings
- JPMorgan gets bullish on Salesforce, says concerns are "overblown"
Volkswagen to hike wages for U.S. workers by 11%
November 22, 2023 1:35 PM ESTGerman automaker, Volkswagen revealed Wednesday its decision to increase salaries for production workers at its Chattanooga assembly plant in Tennessee by 11%. This announcement comes weeks after the United Auto Workers union secured substantial pay and benefit raises from the Detroit Three automakers.
Volkswagen and other non-union automakers in the United States are facing escalating pressure to... More
New vehicle sales expected to grow 10% in November
November 22, 2023 9:35 AM ESTA recent report by industry analysts J.D. Power and GlobalData, published on Wednesday, projects that November's new-vehicle sales will hit 1,236,000 units, marking a significant 10.2% increase compared to the same period last year.
"Sales growth is being enabled by improving vehicle availability," said Thomas King, president of the data and... More
Burlington Stores (BURL) PT Raised to $157 at TD Cowen
November 22, 2023 6:25 AM ESTTD Cowen analyst John Kernan raised the price target on Burlington Stores (NYSE: BURL) to $157.00 (from $146.00) while maintaining a Market Perform rating.
The analyst commented, "Surprising issuance of a five-year plan that targets an acceleration and +500bps of cumulative operating margin expansion from FY22,... More
