Breaking News: Investing

Wells Fargo says buy these three fintech stocks, sees .5 trillion revenue opportunity
Business

Wells Fargo says buy these three fintech stocks, sees $1.5 trillion revenue opportunity

Now is a “highly opportune” time for investors to give these stocks a fresh look given their current valuations, Wells Fargo said. Source

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Why Starbucks shareholders are taking the buyback suspension so hard
Business

Why Starbucks shareholders are taking the buyback suspension so hard

The coffee giant is one of the few companies that has aggressively bought back stock and succeeded in reducing their share count over the years Source

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Loop Capital downgrades Crocs, says investors should take a wait-and-see approach
Business

Loop Capital downgrades Crocs, says investors should take a wait-and-see approach

Analysts downgraded Crocs to hold, saying a return to socializing could dampen sales in the comfortable footwear brand. Source

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Sell health-care stock Baxter International as headwinds mount, Goldman says
Business

Sell health-care stock Baxter International as headwinds mount, Goldman says

Analysts say the firm is “over-indexed” to oil prices, semiconductor shortages and other risks compared to its peers. Source

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It’s time to buy Nio shares after the Chinese electric vehicle maker’s 44% drop in past year, UBS says
Business

It’s time to buy Nio shares after the Chinese electric vehicle maker’s 44% drop in past year, UBS says

Three major product launches expected this year and better brand recognition improve the outlook for the stock, UBS said. Source

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‘The best of times’ may be ahead for this discount retailer, Wells Fargo says
Business

‘The best of times’ may be ahead for this discount retailer, Wells Fargo says

Improving inventory could turn this stock into a “coiled spring” for investors. Source

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Dimon says confluence of inflation, Ukraine war may ‘dramatically increase risks ahead’ for U.S.
World

Dimon says confluence of inflation, Ukraine war may ‘dramatically increase risks ahead’ for U.S.

Jamie Dimon, CEO of JPMorgan Chase speaks to the Economic Club of New York in New York, January 16, 2019. Carlo Allegri | Reuters Jamie Dimon, CEO and chairman of the biggest U.S. bank by assets, pointed to a potentially unprecedented combination of risks facing the country in his annual shareholder letter. Three forces are […]

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Stock futures are flat after S&P 500 notches third straight week of gains
Finance

Stock futures are flat after S&P 500 notches third straight week of gains

Traders on the floor of the NYSE, March 25, 2022. Source: NYSE U.S. stock index futures were flat during overnight trading Sunday, after the S&P 500 posted a third straight week of gains. Futures contracts tied to the Dow Jones Industrial Average slid 14 points. S&P 500 futures were flat, while Nasdaq 100 futures declined […]

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These are JPMorgan’s top stock picks for April
Business

These are JPMorgan’s top stock picks for April

A background-screening company and three other names were added to analysts’ monthly top stock picks. Source

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U.S.-listed Chinese stocks jump after China reportedly considers sharing company audits
Finance

U.S.-listed Chinese stocks jump after China reportedly considers sharing company audits

A security personnel stands guard at the opening session of Baidu’s annual AI developers conference Baidu Create 2019 in Beijing, China, July 3, 2019. Jason Lee | Reuters New York-listed Chinese stocks jumped Friday after a report that China is considering sharing key information that would allow the firms to continue trading publicly in the […]

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