Stock markets
Stocks making the biggest moves midday: Twitter, Starbucks, Tesla and more
Andrew Burton | Getty Images News | Getty Images Check out the companies making headlines in midday trading. Twitter — The social media company soared 26.6% after a filing revealed that Elon Musk has taken a 9.2% passive stake in the firm, worth about $2.9 billion. The purchase came weeks after the Tesla CEO polled […]
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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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Analysts react to Musk’s big Twitter stake: He could do ‘almost anything’ so ‘use your imagination’
Elon Musk’s move to build an eye-popping stake in Twitter is sparking speculations that he could take more action to shake up the industry. Source
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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
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
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
Improving inventory could turn this stock into a “coiled spring” for investors. Source
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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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Cramer’s week ahead: Brace for negativity
CNBC’s Jim Cramer on Friday advised investors to brace themselves against Wall Street’s negativity next week as concerns over a possible recession mount. “I do believe that our economy’s headed for a slowdown — that’s just what rate hikes do. But a slowdown doesn’t necessarily translate into a horrific, crash-landing recession. … There are many […]
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Sports fanatics should consider buying these three stocks, Jim Cramer says
CNBC’s Jim Cramer on Friday offered three stock picks for investors who dream of owning a professional sports team but can’t afford to pay up billions of dollars. “Owning the common stock won’t let you weigh in on the trades or attend the owners’ meetings, go through the draft — you’re very much along for […]
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