Today: 12 June 2026
Browse Category

EPA:BAMI 3 November 2025

Merger Showdown: Union Slams Crédit Agricole–Banco BPM Deal Over Job Cuts and “Deserted” Towns

Merger Showdown: Union Slams Crédit Agricole–Banco BPM Deal Over Job Cuts and “Deserted” Towns

Italy’s First CISL banking union warned that a Banco BPM–Crédit Agricole Italia merger could trigger hundreds of branch closures and heavy job losses, vowing strong opposition. Italian banks closed 268 branches in the first nine months of 2025, accelerating a trend that has left 3,419 towns without a bank. The government said it will set conditions but not block the deal. Banco BPM shares have risen on merger speculation.
3 November 2025
··

Stock Market Today

  • AMD Stock Upgraded with New Price Targets by Top Analysts
    June 12, 2026, 12:13 PM EDT. Advanced Micro Devices (AMD) received bullish upgrades from leading analysts Vivek Arya of Bank of America and Atif Malik of Citigroup on Friday. Arya raised his price target to $560 from $500, maintaining a "buy" rating, while Malik increased his price target to $575 from $460 and upgraded AMD to "buy" from "neutral." Malik highlights AMD's growth potential in graphics processing units and its strong positioning at Meta Platforms, pointing to undervalued upside. Both analysts have exceptional track records, with Malik holding an 89% success rate and 107.2% average return over two years. AMD's stock recently recovered from a bearish pattern, supported by key technical indicators. The consensus price target now stands at $588 with an upside bias.

Latest articles

Amazon Shares Slip After $17.5 Billion AI Loan Draws Focus to AMZN Cash Flow

Amazon Shares Slip After $17.5 Billion AI Loan, Cash Flow Pressure Before Prime Day

12 June 2026
Amazon shares dropped 1.6% to $237.66 Friday, underperforming rising major ETFs, as investors focused on a new $17.5 billion delayed-draw loan to fund AI infrastructure, raising concerns over rising capital expenditures and shrinking free cash flow, with attention now turning to Prime Day on June 23–26 and upcoming Q2 results for signs of revenue growth and margin impact.
AI Names Drop, Oil Upends Inflation Bets, US Stocks Slip

Stocks drift as oil drops; SpaceX IPO, Fed meeting in focus

12 June 2026
SpaceX soared nearly 30% above its IPO price in its Nasdaq debut, valuing the company at about $2 trillion and testing investor appetite for high-growth AI-linked stocks, while the broader market was modestly higher as easing oil prices and hopes for a Middle East peace deal reduced inflation fears.
Go toTop