Altria Shakes Off a Sell Rating and Gets an Upgrade

Text size Rising macroeconomic uncertainty contributed to a downgrade of Altria’s stock in early June. Fabrice Coffrini/AFP via Getty Images Altria Group stock was rising Friday after the tobacc...

Pessimism on chip stocks is hitting a new high, and the money seems to be flowing toward software

The outlook for the semiconductor sector is moving from bad to worse, and investors appear to be moving their money into the software sector as a result. Pessimism about the future of the chip sector ...

Intel wins latest race in chip uses for the cloud, says KeyBanc Capital Markets

Chip giant Intel Corp. is leading growth in cloud technology, according to new research from KeyBanc Capital Markets. Intel Corp. INTC, +3.21% is the winner in KeyBanc’s latest monthly data tracking s...

These ‘zombie’ companies could feel the cash burn, warns New Constructs

Carvana Co., Freshpet Inc. and Peloton Interactive Inc. could feel the cash burn as the Fed raises interest rates, according to independent equity research firm New Constructs. The research firm, whic...

These dividend stocks yield at least 5% and have plenty of room to raise payouts

This year’s stock price declines make for an increasing number of stocks with high dividend yields of at least 5%. Below is a screen that highlights 29 that appear to be able to raise their payouts co...

Juul Ban Will Send Altria’s Strategy, and $13 Billion, Up in Smoke

Altria Group disastrous investment in Juul Labs is taking another turn for the worse. On Wednesday, The Wall Street Journal reported that the Food and Drug Administration is preparing to remove Juul e...

These software companies are unsung winners in the semiconductor industry

Mention semiconductors and chip giants such as Intel Corp., Advanced Micro Devices Inc. and NVIDIA Corp. spring to mind, but there are other, less high-profile companies, operating in the space that d...

Kellogg Plans to Split Into 3 Companies. The Stock Is Spiking.

Text size Kellogg’s Global Snacking business will be the largest of the three companies, with net sales of about $11.4 billion. Gabby Jones/Bloomberg Kellogg stock was rising on Tuesday after th...

Stock Market Closed for Juneteenth, June Economic Data, and More to Watch This Week

Text size Uncredited U.S. stock and bond markets will be closed on Monday in observance of Juneteenth. There will be a handful of earnings reports, annual shareholders meetings, and economic-data rele...

Revlon Has Declared Bankruptcy. More Defaults Could Be on the Way.

Text size Cosmetics company Revlon has filed for Chapter 11 bankruptcy. There could be more defaults on the way for U.S. companies. Dreamstime With fears that a recession is looming, there could be mo...

Oracle Stock Looks Like a Buy Even in a Recession

Text size Oracle expects its cloud business to grow at least 30% in its next fiscal year. David Paul Morris/Bloomberg Amid a devilish brew of rising rates, high inflation, and recession fears, the tec...

Revlon Stock Soars on Report of Potential Acquisition Out of Bankruptcy

Text size Revlon filed for bankruptcy earlier this week. Getty Images Revlon stock soared more than 75% in premarket trading Friday after a report said Indian conglomerate Reliance Industries (RIL.Ind...

These 16 stocks in the S&P 500 crumpled at least 9% a day after the Fed raised rates

One day after U.S. stocks got a reprieve as the Federal Reserve lifted its target range for short-term interest rates by 0.75 percentage point, inflation fears built a new wall of worry to send U.S. s...

Unity Stock Initiated at Sell. It Once Was a ‘Pandemic Darling.’

Text size Hickey initiated coverage of Unity at a Sell rating with a $27 price target. David Paul Morris/Bloomberg Shares of Unity Software were falling in premarket Thursday after an analyst at Bench...

Netflix Stock Cut to Sell. Why This Analyst Says He Made a Mistake.

Text size Netflix shares have plunged by more than 70% so far in 2022 Getty Images A once infatuated Wall Street has definitely cooled on the godfather of streaming, Netflix , with a longtime bear adm...

Opinion: As tech melts down, a truth remains: Semiconductors are eating the world

Everyone’s favorite trade in the stock market, technology, has gone the way of the dodo. Oil and value stocks are all the rage. But one part of technology — semiconductors — is vital not only to the t...

Roku, Tesla, and Other Cathie Wood Favorites Are Falling

Text size Ark Invest CEO Cathie Wood. Courtesy of ARK Cathie Wood’s $12 billion flagship exchange-traded fund was falling again in Monday trading. It is another sign that “innovation stocks” such as R...

Mexico Takes Aim at Private Companies, Threatening Decades of Economic Growth

MONTERREY, Mexico—For the past 20 years, a 1,100-megawatt power plant owned by Spain’s Iberdrola SA outside Mexico’s industrial capital has kept the lights on for scores of companies such as brewing g...

Schlumberger, Shell, SunRun, and 3 Other Energy Stocks to Consider in a Hot Market

Two years ago, oil companies were global pariahs, banished not only from the high-minded peaks of Davos but also from lowly index funds. Energy’s weight in the S&P 500 fell below 2%, an astonishin...

Smithfield Foods, Citing High Costs of Operating in California, to Close Pork Plant

Smithfield Foods Inc., the largest pork processor in the U.S. by volume, is closing an 1,800-person plant in California and shrinking the size of its hog herd in the region, saying the cost of doing b...

Under Armour Stock Has Tanked. Director David Gibbs Scooped Up Shares.

Text size Under Armour stock plunged in early May after the company reported a first-quarter loss. Brandon Bell/Getty Images/Getty Images Under Armour stock has tumbled in 2022, but director David W. ...

These 19 large-cap stocks have now dropped at least 60% from their 52-week highs

The latest inflation figures on June 10 were worse than expected and the effect on stock prices was brutal. A list of stocks in the S&P 500 and the Nasdaq-100 Index that have fallen at least 60% f...

Cosmetics Maker Revlon Nears Chapter 11 Filing

Revlon Inc. is preparing to file for chapter 11 protection as soon as next week after struggling for years with too much debt, stiff competition in the cosmetics business and more recent inflation and...

6 Energy Stocks to Consider in a Hot Market

Two years ago, oil companies were global pariahs, banished not only from the high-minded peaks of Davos but also from lowly index funds. Energy’s weight in the S&P 500 fell below 2%, an astonishin...

‘I’m being taken advantage of by my own husband’: I pay all the bills and gave the down payment for our home, and all he does is buy stuff and contribute to his 401(k)

I’m being taken advantage of by my own husband. I have been married for almost 10 years. When my husband and I were first married, he convinced me to stop working after the first year or so, which I r...

Novavax’s New Covid-19 Vaccine Might Be Late to the Party

It’s one thing to arrive fashionably late to a party, it’s another thing to waltz in when the last guests are stumbling out the door. For Novavax , which on Tuesday cleared a key step toward U.S. Food...

Altria Stock Gets Downgraded by Morgan Stanley. Gas Prices Are Partly to Blame.

Text size Analyst Pamela Kaufman lowered her price target to $50 from $54. Illustration by Joel Arbaje Altria Group stock fell Wednesday after Morgan Stanley warned of increasing headwinds to the ciga...

Intel Bear Case Coming ‘Even Earlier’ Than Expected. Analyst Remains Neutral.

Text size Intel Dreamstime Shares of Intel were falling Wednesday as Citi said its bear-case scenario was “taking shape even earlier” than expected. Analyst Christopher Danely reiterated a Neutral rat...

Shopify Shareholders Approve 10-for-1 Stock Split

Text size Shopify is the latest tech company to split its stock. Dreamstime The stock split trend continues. Shopify (ticker: SHOP ) shareholders on Tuesday approved a 10-for-1 split, along with the i...

Apple Needs to Show Some Spark as Shoppers Favor Services Over Stuff

Customers at the Apple Store in Grand Central Terminal in New York City earlier this year. Getty Images Text size As Apple prepares to upgrade its products, there are two distinct trends hitting the e...

AMD, Pfizer, NIO, DocuSign, Campbell Soup, and Other Stocks for Investors to Watch This Week

It’s a relatively quiet week on the earnings calendar. Highlights will include J.M. Smucker on Tuesday, Campbell Soup on Wednesday, and DocuSign, NIO, and Vail Resorts on Thursday. Pfizer also hosts a...