Breaking News: Investing
Solar stocks jump as Schumer, Manchin announce climate spending deal
Contractors install SunRun solar panels on the roof of a home in San Jose, California, on Monday, Feb. 7, 2022. David Paul Morris | Bloomberg | Getty Images Solar stocks jumped on Thursday after Senate Majority Leader Chuck Schumer, D-N.Y., and Sen. Joe Manchin, D-W.V., said they’ve reached a deal on what would be the […]
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Small caps are starting to work — Here are a few buys from a top strategist in the group
Small caps are starting to outperform their large cap peers, and one top strategist has some stock picks for investors to play the trend. Jefferies’ strategist Steven DeSanctis believes small cap stocks have further to rally. After coming off their worst first half since 1973, small caps are due for a comeback, especially as early […]
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JPMorgan analysts say buy Regions and PNC as markets wrestle with recession fears
Big U.S. banks have begun to reap the rewards of higher interest rates as the Federal Reserve combats inflation with a series of hikes, as evidenced by second-quarter results earlier this month. Thanks to higher rates and good loan growth, banks posted a 9% surge in second-quarter net interest income on a quarterly basis. This […]
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Loop Capital downgrades Logitech to hold, says recession has hit the computer peripherals firm
Greater inflation and lower consumer spending have finally hit consumer electronics company Logitech , according to Loop Capital. Analyst Ananda Baruah downgraded shares of Logitech to hold from buy, with a $55 price target, saying that the company’s recent earnings miss shows fewer consumers are buying computer peripherals for gaming and work-from-home setups. “Moving to […]
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Alphabet is still a buy despite uncertain macro ahead, analysts say after earnings
Alphabet is still a buy, even as uncertainty mounts for the tech giant amid a tough macro environment, according to analysts. Google’s parent company on Tuesday delivered quarterly earnings and revenue that missed analyst expectations. However, the company’s report showed strong year-over-year search revenue growth, helping appease investors and analysts. The stock traded more than […]
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Analysts cheer Microsoft’s cloud results and upbeat forecast
A strong showing in its cloud business, as well as an upbeat fiscal year forecast, has Wall Street bullish on Microsoft after the tech giant’s latest quarterly release. Microsoft reported earnings and revenue in its most recent quarter that missed expectations. Still, investors approved of the revenue growth in Azure and cloud services, which jumped […]
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Deutsche Bank downgrades McDonald’s, says fast-food chain has limited upside
McDonald’s shares could be held in check for a while, though the restaurant chain is well positioned to navigate macro uncertainty, according to Deutsche Bank. Analyst Brian Mullan downgraded shares of McDonald’s to hold from buy, citing limited upside potential for the “best performing” restaurant stock in the firm’s coverage after its outperformance this year. […]
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Credit Suisse CEO to step down from embattled investment bank, WSJ says
Credit Suisse Chief Executive Thomas Gottstein addresses the Finanz und Wirtschaft Forum conference in Zurich, Switzerland, September 2, 2020. Arnd Wiegmann | Reuters Credit Suisse CEO Thomas Gottstein is about to step down from the embattled investment bank, the Wall Street Journal reported on Tuesday. The Zurich-based bank will soon announce the departure of Gottstein […]
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The world is growing old at a rapid pace. Here are ways to invest for a gray future
When the coronavirus pandemic first struck in early 2020, some speculated that lockdowns would lead to a boom in American births as couples were forced to stay home. The opposite happened instead: U.S. population growth decelerated in 2020 and even further last year, to the slowest pace in the 246-year history of the nation, according […]
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The reason behind a mysterious trading surge in stocks like Berkshire Hathaway has been revealed
Warren Buffett and Charlie Munger press conference at the Berkshire Hathaway Annual Shareholders Meeting, April 30, 2022. CNBC Berkshire Hathaway’s Class A shares are among the market’s most expensive stocks priced above $400,000 apiece and therefore it was often one of the least traded well-known companies. So a surge in volume that began over a […]
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