Breaking News: Investing
Wall Street analysts say investors should buy the Apple dip despite supply chain worries
“We would use any stock weakness as a buying opportunity,” said one analyst. Source
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Analysts are mostly confident Amazon can work through inflationary pressures, JPMorgan says ‘buy the pullback’
Many on Wall Street maintained buy ratings on the tech giant even after it dropped 10% after poor revenue forecast. Source
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Exxon Mobil’s first-quarter profit rises, even after $3.4 billion hit from Russia charge
A view of the ExxonMobil Baton Rouge Refinery in Baton Rouge, Louisiana, May 15, 2021. Kathleen Flynn | Reuters Shares of Exxon Mobil slid on Friday after the company took a $3.4 billion after-tax charge related to its Sakhalin-1 operation in Russia. Exxon earned $5.5 billion during the first quarter, up from $2.7 billion in […]
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Chevron’s profit quadruples in the first quarter as higher oil and gas prices boost operations
The Chevron logo is displayed as a tanker truck enters the Chevron Products Company El Segundo Refinery on January 26, 2022 in El Segundo, California. Patrick T. Fallon | AFP | Getty Images Chevron’s profit more than quadrupled during the first quarter of 2022, as higher oil and gas prices boosted the company’s results. The […]
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Here’s a full recap of CNBC’s 2022 Stock Draft: Ryan Reynolds likes Netflix, Kandi Burruss buys Zoom
Finance professionals, athletes and celebrities choose their favorite names in the annual stock-picking competition. Source
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Bank stocks, once a Buffett favorite, take a back seat at Berkshire Hathaway amid recession worries
Warren Buffett, Chairman and CEO of Berkshire Hathaway. David A. Grogan | CNBC Warren Buffett has begun to unleash Berkshire Hathaway’s massive cash stockpile in recent weeks, snapping up an insurer and multi-billion dollar stakes in energy and computer corporations. But his recent moves are more notable for what he has avoided investing in — […]
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Analysts head for the exits on Teladoc as stock plunges 46%
Competition will weigh on the telehealth company’s mental health and chronic care businesses, analysts said. Source
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Evercore ISI says Facebook is a classic dislocated high quality stock that’s ridiculously cheap
Facebook-parent Meta’s valuation does not reflect the stock’s high-quality caliber, according to Evercore ISI. Source
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Invesco launches ETF focused on metals required for electric vehicles, energy transition
Heavy trucks seen working at a nickel mining area in Soroako, South Sulawesi, Indonesia. SOPA Images | LightRocket | Getty Images Invesco is betting that the boom in interest in electric vehicles will make a new trading opportunity in the metals required for EVs and the broad energy transition a hot new area for investors. […]
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How one European asset manager with $40 billion is weathering uncertainty in the region
(Click here to subscribe to the Delivering Alpha newsletter.) Mathieu Chabran helms Tikehau Capital, a European asset manager, which oversees $40 billion in private debt, real assets, private equity, and capital markets. With a front row seat to the uncertainty and geopolitical tension in Europe, Chabran sat down with the Delivering Alpha newsletter to discuss the role […]
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