Wall Street
GameStop shares drop, reversing Wednesday’s rally, on planned debt issue to buy bitcoin
In this article GME Follow your favorite stocksCREATE FREE ACCOUNT Traders work at the post where GameStop is traded on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., June 12, 2024. Brendan McDermid | Reuters GameStop shares are set to give back much of Wednesday’s rally after the video […]
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Trump says tariffs coming in April will ‘probably be more lenient than reciprocal’
Key Points “I’ll probably be more lenient than reciprocal, because if I was reciprocal, that would be very tough for people,” Trump said in an interview. “I know there are some exceptions, and it’s an ongoing discussion, but not too many, not too many exceptions,” Trump added. Source
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GameStop to invest corporate cash in bitcoin, following in footsteps of MicroStrategy
A general view of the GameStop logo on one of its stores in the city center of Cologne, Germany. Ying Tang | Nurphoto | Getty Images Video game retailer GameStop announced Tuesday its board has unanimously approved a plan to buy bitcoin with its corporate cash, a move that MicroStrategy became well-known for. The meme […]
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Morgan Stanley’s near-term rally call: CIO Mike Wilson sees beaten-up Mag 7 stocks as winners
Morgan Stanley’s Mike Wilson sees a meaningful rotation back into U.S. stocks, and he sees one beaten-up group as a winner. “It started out with a low-quality rally, which is what we expect – meaning a short squeeze,” the firm’s chief investment officer told CNBC’s “Fast Money” on Monday. “Then, what we noticed is the […]
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Berkshire Hathaway employee wins $1 million in Warren Buffett’s March Madness bracket challenge
Cooper Flagg #2 of the Duke Blue Devils moves the ball against the Baylor Bears during the second round of the 2025 NCAA Men’s Basketball Tournament held at Lenovo Center on March 23, 2025 in Raleigh, North Carolina. Grant Halverson | NCAA Photos | Getty Images For the first time in nearly 10 years, a […]
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Wells Fargo’s strong rebound rally continues. How we’re playing the move higher
Wells Fargo shares rose again Monday amid fresh Wall Street research and a broader market gain. It is tempting to take profits on the Club stock, which has mounted a 10% rally since its lowest close of 2025 on March 10. However, Jim Cramer advised investors to hold on for a little longer. The analysts’ […]
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‘Some more banana skins in front of us’: Why investors may want to increase exposure to bonds
ETF Edge ‘Some more banana skins in front of us’: Why investors may want to increase exposure to bonds Published Sat, Mar 22 202511:00 AM EDT Yaritza Diaz WATCH LIVE Source
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Here are the most oversold stocks due for a technical bounce after another tough week
Following another difficult week for the markets, certain stocks are showing oversold signals, meaning they may be due for a comeback. Fears of a recession and tariff uncertainty continued to pressure stocks. The S & P 500 and the 30-stock Dow Jones Industrial Average eked out narrow gains on Friday, while the Nasdaq Composite rose […]
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Tariff uncertainty will continue to roil markets next week, along with key inflation data
Any rally in the stock market next week is unlikely to be sustainable until there’s clarity on the tariff front, something investors won’t get until April 2nd when a number of levies are expected to take effect. Stocks have bounced somewhat from their oversold condition this week, after a surprisingly dovish tone out of the […]
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Top Tesla analyst cuts target on falling sales, but keeps buy rating
Morgan Stanley analyst Adam Jonas trimmed his price target on Tesla shares, citing weak auto deliveries. Jonas reduced his target to $410 from $430 per share, which still implies shares climbing 73.5% from Thursday’s close. He remained overweight on the name and kept it a “top pick,” however. The analyst cut his first-quarter delivery estimates […]
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