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Wells Fargo, Morgan Stanley shares downgraded as analysts see trouble brewing
Wells Fargo & Co. and Morgan Stanley have picked up separate downgrades as analysts sift through fourth-quarter earning updates in…
Cognac houses put their faith in reputation as they navigate headwinds
Every morning a small group of master blenders enters a glass bunker inside cognac house Martell’s complex of 19th-century warehouses…
AMD’s stock riding ‘AI-winner trade’ toward first new record close in 25 months
Advanced Micro Devices Inc. shares were on pace to close at an all-time high Thursday, which would mark the name’s…
Cohere in talks to raise as much as $1bn as AI arms race heats up
Stay informed with free updatesSimply sign up to the Artificial intelligence myFT Digest -- delivered directly to your inbox.Cohere, the…
Medicare drug price negotiations hit critical phase
By Feb. 1, the federal government will send an initial offer for each of the 10 drugs selected for the…
Mistral becomes the talk of Davos as business leaders seek AI gains
Stay informed with free updatesSimply sign up to the Artificial intelligence myFT Digest -- delivered directly to your inbox.As artificial…
Humana’s stock tumbles as Medicare Advantage growth disappoints
Humana Inc. shares HUM, -7.99% dropped 11% Thursday morning after the giant health insurer slashed its full-year 2023 earnings guidance…
Chinese stock rout accelerates as foreign investors sell out
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.A punishing…