(Bloomberg) Sweetgreen Inc. shares jumped as much as 14% Thursday to the highest level since November after Bank of America Corp. upgraded the stock to buy from neutral and raised its price target to $17 from $9, signaling confidence in the salad chain’s growth as workers return to the office. Most Read from BloombergMeta’s Threads App Draws Millions Seeking a Twitter AlternativeUkraine Has Caught Up With Russia’s Tank Numbers, Data SignalStocks Swoon After Jobs Data Dashes Rate Cut Hopes: Ma
AI-driven gains can propel Microsoft to join Apple in the elite category of stocks with a market capitalization of more than $3 trillion, according to Morgan Stanley analysts.
(Bloomberg) From books to cloud computing, Amazon.com Inc. has gone on to dominate many segments over the years. Now Morgan Stanley projects that the e-commerce giant will become the biggest player in another space: beauty.Most Read from BloombergAlibaba Names Tsai Chairman, Wu CEO in Surprise Shake-UpThese Are World’s Most Expensive Cities for High-Class LivingTucker Carlson's Fox Defense Crumbled When He Took MillionsSingapore’s Grab Plans Biggest Job-Cut Round Since PandemicOxygen Wanes in
3M Co. struck a tentative settlement of at least $10 billion over water pollution claims tied to “forever chemicals,” according to people familiar with the proposed accord, the largest PFAS pact in the US and one of the biggest mass tort deals ever.