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Brent crude oil fell below $98 per barrel, down 3.42% on the day. WTI crude oil is currently down 4.7%.
2026-10-02
Brent crude oil fell below $98 per barrel, down 3.42% on the day. WTI crude oil is currently down 4.7%.
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2026-10-02
Goldman Sachs names CATL and Zhengli New Energy as preferred China battery-sector plays, saying EV and energy-storage demand should further concentrate share toward firms with scale, technology and cost advantages. CATL remains the top pick; Goldman
Goldman Sachs names CATL and Zhengli New Energy as preferred China battery-sector plays, saying EV and energy-storage demand should further concentrate share toward firms with scale, technology and cost advantages. CATL remains the top pick; Goldman says its EV-battery business has a solid profit base and that future incremental growth will come from storage and integrated-energy solutions as the company shifts from cell sales to system integration and services, boosting per-project value and margins. Goldman sets 12-month targets of HK$947 for CATL H-shares and Rmb565 for A-shares. Goldman expects Zhengli New Energy to gain share via customer expansion, higher capacity utilization and storage business development, forecasts its EBITDA growth to rank among covered battery names, and maintains a buy rating with an HK$9 target.
2026-10-02
The U.S. September seasonally adjusted nonfarm payrolls, unemployment rate, average hourly earnings monthly and annualized rates will be released in ten minutes.
The U.S. September seasonally adjusted nonfarm payrolls, unemployment rate, average hourly earnings monthly and annualized rates will be released in ten minutes.
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