Monthly Archives: May 2023

Babcock International Group (OTCMKTS:BCKIF) Stock Rating Reaffirmed by JPMorgan Chase & Co.

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JPMorgan Chase & Co. restated their overweight rating on shares of Babcock International Group (OTCMKTS:BCKIF) in a research report sent to investors on Friday, The Fly reports.

BCKIF has been the subject of a number of other reports. Barclays upgraded Babcock International Group from an equal weight rating to a buy rating and set a $4.24 price objective for the company in a report on Friday, August 27th. Morgan Stanley upgraded Babcock International Group from an equal weight rating to an overweight rating in a report on Friday, August 20th. Two investment analysts have....More>>>

Why Nvidia Stock Slipped Wednesday

Shares of semiconductor giant Nvidia (NASDAQ:NVDA) dropped as much as 3% in early trading on Wednesday before recovering. As of 3:50 p.m. EDT, it now looks likely to close the day down only 1.5%.

So what

As Reuters reported this morning, Nvidia has officially applied to the European Commission for antimonopoly approval of its $40 billion deal to acquire British chip design company Arm Holdings from its current owner Softbank Group (OTC:SFTB.Y). Asking permission isn’t the same thing as receiving it, however, and as Reuters points out, not only is the U.S. Federal Trade....More>>>