Daiwa Securities Group Inc. (8601.T)
- Bloomberg
Japan Real Wages Slump Most Since 2014 Despite Government Push for More Pay
(Bloomberg) -- Japanese workers’ real wages fell by the most since 2014 despite the government’s push for more pay, underscoring the difficulty of achieving the central bank’s goal of inflation accompanied by robust wage gains.Most Read from BloombergMeta Plans Thousands More Layoffs as Soon as This WeekUS Banks Are Finally Being Forced to Raise Rates on DepositsTrump’s Threat of a Third-Party Run Is Undercut by ‘Sore Loser’ LawsTesla Slashes Model S and X Prices for the Second Time This YearHol
- Motley Fool
Why Investors Are Selling SolarEdge Stock
Shares of SolarEdge (NASDAQ: SEDG), one of the biggest names in solar-power inverters, tumbled 3.9% through 10:55 a.m. EST on Tuesday as stock markets reopened after the Christmas holidays. You can probably blame Daiwa Securities for that. On Friday, the Tokyo investment bank announced it was initiating coverage of SolarEdge stock with a neutral rating, while initiating coverage of SolarEdge's biggest rival, Enphase Energy (NASDAQ: ENPH), with an outperform rating, reports StreetInsider.com.
- Reuters
Tesla falls on growing angst over Musk's focus on Twitter
Tesla's shares hit a more than two-year low of $140.86. Analysts say investors are worried that Musk may need to sell shares further to fund Twitter and sentiment around the acquisition of the social media firm could hurt the EV maker's brand. Evercore ISI, which slashed its price target on the company's shares to $200 from $300 said investors fear damage to the Tesla brand.
