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Tesla (TSLA.O) turned higher after earlier sliding more than 3%.

2026-10-22

Tesla (TSLA.O) turned higher after earlier sliding more than 3%.

Other News
2026-10-22

Confederation of British Industry (CBI) quarterly survey shows firms' investment intentions for the next 12 months remain weak.

Confederation of British Industry (CBI) quarterly survey shows firms' investment intentions for the next 12 months remain weak.
2026-10-22

Goldman Sachs cut Hua Hong Hongli’s (01347.HK) target price to HK$289 from HK$335, a 13.7% reduction, and maintained a Buy rating. The bank trimmed net profit forecasts for fiscal 2026 and 2027 by 5% and 2%, respectively, to reflect integration of su

Goldman Sachs cut Hua Hong Hongli’s (01347.HK) target price to HK$289 from HK$335, a 13.7% reduction, and maintained a Buy rating. The bank trimmed net profit forecasts for fiscal 2026 and 2027 by 5% and 2%, respectively, to reflect integration of subsidiary Huali Microelectronics, and lifted the 2028 forecast by 3%. Goldman expects generative AI investment and client strategies to boost demand for embedded and discrete non-volatile memory and power-management ICs. Higher depreciation and initial integration costs will weigh on near-term earnings, but continued expansion of 12‑inch capacity should drive long-term scale benefits and improved operating leverage.
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