Wall Street
Higher taxes at Calvin Klein owner PVH will hit profits and hold back stock gains, Morgan Stanley says
Higher taxes will hurt this apparel company known for brands like Calvin Klein and Tommy Hilfiger, says Morgan Stanley. Source
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Dow futures are little changed ahead of last day of March
Stock futures were slightly higher in overnight trading Wednesday ahead of the last trading day of the month and quarter. Futures on the Dow Jones Industrial Average was near flat. S&P 500 futures ticked up 0.1% and Nasdaq 100 futures added 0.3%. Stocks are coming off a down session Wednesday in which the Dow and […]
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Everyone is worried about gas prices, but diesel is driving inflation more than you think
The prices for gas and diesel fuel, over $6.00 a gallon, are displayed at a petrol station in Los Angeles, March 2, 2022. Frederic J. Brown | AFP | Getty Images Even before Russia invaded Ukraine, the fuel that runs the global economy was in short supply. Now some analysts say there could be spot […]
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Investors believe the biggest threat to the markets now is a Fed misstep, CNBC survey shows
Traders work on the floor of the New York Stock Exchange (NYSE) on December 08, 2021 in New York City. Spencer Platt | Getty Images (Click here to subscribe to the new Delivering Alpha newsletter.) A majority of Wall Street investors believe the biggest threat facing the markets right now is a policy error by the Federal […]
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SEC targets SPACs with rules on inflated business forecasts, merger disclosures
A flag outside the U.S. Securities and Exchange Commission headquarters in Washington, D.C., U.S., on Wednesday, Feb. 23, 2022. Al Drago | Bloomberg | Getty Images The Securities and Exchange Commission on Wednesday debuted a host of new rules for SPACs that, if enacted, would mark one of the broadest attempts to date at cracking […]
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Jefferies says buy RH as this year’s dip offers a ‘rare entry point’
Shares for Restoration Hardware have more than 40% upside from here, analysts say. Source
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Morgan Stanley says Robinhood could be Generation Z’s Schwab, but the stock is going nowhere for now
Analysts say the company has a firm grip over younger investors, but will need to expand its product offerings if it wants to retain its appeal. Source
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Buy Freshpet shares as demand for fresh pet food could surge, Goldman Sachs says
Analysts say growing interest in the fresh pet food category could drive customers to the brand in grocery stores. Source
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Booking Holdings is a high-quality recovery play, says Evercore’s Mark Mahaney
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Mark Mahaney, Evercore ISI head of internet research, joins CNBC’s ‘Squawk Box’ to break down big tech names like Meta, Amazon, Microsoft and more. Source
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Buy these two cruise line operators as business returns to normal, Wells Fargo says
Analysts say cruise lines are “one of the few remaining recovery stories” in consumer stocks. Source
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