Month: May 2022
These buy-rated stocks are expected to generate loads of cash and are cheap, Barclays says
As investors search for quality stocks after a choppy month for equities, Barclays has some buy-rated picks that are cheap and expected to generate lots of cash. On Tuesday, stocks struggled to find a direction in the final day of trading in May. All month, stocks have logged some wild moves, with the S & […]
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Credit Suisse analysts believe better days are ahead for these cheap growth stocks
Some growth stocks that have been pummeled in this year’s sell-off could be poised for a comeback, according to Credit Suisse. Stocks have been under pressure this year as investors face uncertainty surrounding the Federal Reserve’s rate hikes and surging inflation. The sell-off has been especially hard on tech and growth companies, which rely on […]
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Taco Bell locations are running out of Mexican Pizza less than two weeks after its return
Taco Bell’s Mexican Pizza Source: Taco Bell Taco Bell is running out of its Mexican Pizza, less than two weeks after the chain brought back the menu item. The chain owned by Yum Brands said in a statement that it’s working with its restaurants and suppliers to get the item back on its menu permanently […]
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June swoon is more likely than not for stock market
June is typically a quiet period for the stock market, which would be a relief after this spring’s wild swings. But due to the Federal Reserve’s rate hikes, economic uncertainty and geopolitical events, June this year is unlikely to follow the historic pattern of low volatility and shallow gains. Even if the market does rally, […]
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House Democrats aim to pass gun control legislation by early June
Activists listen as Senate Democrats speak during a news conference demanding action on gun control legislation after a gunman killed 19 children and two teachers in a Texas elementary school this week, on Capitol Hill on Thursday, May 26, 2022 in Washington, DC. Jabin Botsford | The Washington Post | Getty Images House Democrats will […]
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Stocks making the biggest moves midday: American Eagle Outfitters, Unilever, Nio and more
Nio began deliveries of its new ET7, an upscale electric sedan, on Monday, March 28, 2022. Nio Check out the companies making headlines in midday trading. Marathon Oil, Diamondback Energy — Energy stocks rose along with oil prices after an agreement from European Union leaders to ban most crude imports from Russia stoked inflation fears. […]
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Beware of these dollar-vulnerable stocks if they’re in your portfolio
The U.S. dollar has been strong this year, and that could mean bad news for companies dependent on international sales. The dollar index , which measures the U.S. currency’s performance against six other major trading currencies such as the euro and the yen, is up more than 6% this year. Earlier this month, the index […]
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Here are Tuesday’s biggest analyst calls of the day: Tesla, Dish, Nio, Zoom, Rivian, Imax & more
Here are Tuesday’s biggest calls on Wall Street: Mizuho reiterates Tesla as buy Mizuho said in a note Tuesday that China lockdowns remain a production headwind for Tesla , but that a rebound could happen later this year. “Gigafactory Shanghai Partial Lockdown a Near-Term Headwind, Though Potentially Stronger SepQ/DecQ Rebound. … That said, we believe […]
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Rising gas prices and inflation overtake Covid as top travel concern, survey finds
After more than two years of largely staying home due to the pandemic, most Americans are ready to hit the road. Yet inflation and record-breaking gasoline prices are weighing on would-be vacationers, even more than Covid concerns, according to a report. Roughly 60% of Americans said they would take more trips this year compared to […]
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Britain plans new safeguards for stablecoins that go bust in wake of Terra’s collapse
The world’s biggest stablecoin, tether, saw more than $10 billion in redemptions in May, fueling fears of a 2008-style “bank run.” Justin Tallis | AFP via Getty Images Britain wants to make sure stablecoins don’t end up threatening the wider financial system following the collapse of controversial crypto project Terra. The government on Tuesday proposed […]
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