Stifel analyst W. Andrew Carter on Monday said the firm continues to approach the cannabis sector with “negative overall bias” amid a reduced outlook for the U.S. market and lackluster performance in ...
Tag: Industrial Goods
Gas prices are up roughly 40% from just a year ago. So you may want to try this method to get ‘basically free money’ for gas — but there’s a catch
Is a gas credit card right for you? Getty Images Amid high inflation, rising prices of crude oil and the war in Ukraine, gas prices have jumped from an average of about $2.88 per gallon a year ago, to...
‘So bad, it’s good.’ This beleaguered stock market has one big asset on its side, say strategists.
A rough month for stocks is drawing to a close, and many investors likely won’t be sad to see the back of it. And the last day of April trade is looking weak as Apple and Amazon failed to raise the ba...
AMD, Nvidia, and Qualcomm Stocks Fall After Intel Flags Problems Ahead
Text size The surge in demand for chips may now have passed its peak. Courtesy AMD Chip makers including AMD , Nvidia , and Qualcomm fell in early trading after Intel warned that demand for computers ...
Micron sued for alleged patent infringement
BOISE, Idaho — Bell Semiconductor has filed a patent infringement lawsuit against computer chip maker Micron Technology. The lawsuit filed Wednesday in U.S. District Court contends that Boise, Idaho-b...
Intel’s Revenue Guidance Falls Short. The Stock Drops.
Text size An Intel desktop processor. Courtesy Intel Corporation Intel forecast less revenue than expected for the June quarter, sending the stock lower in after-hours trading. The company cited weake...
CEO reportedly laments red ink incurred from Air Force One deal as Boeing posts $1.2 billion first-quarter loss
Boeing said Wednesday that it lost $1.2 billion in the first quarter as it took large write-downs and lost money in both its civilian-airplane and defense businesses. The loss was bigger than Wall Str...
Boeing Looked for Flaws in Its Dreamliner and Couldn’t Stop Finding Them
For years, Boeing and the Federal Aviation Administration handled 787 Dreamliner deliveries as though the perfect was the enemy of the good. The FAA allowed the plane maker to deliver the wide-body je...
The bond market has crashed. Why one strategist says embrace the pain and get back in.
Investors are more or less trained to think about assets in stock-market terms. That is, a correction is a 10% drop from its peak, and a bear market is 20% drop, etc. But not all assets are equal. In ...
AMD Could Overcome Slowing Demand for Semis. It’s a Strong Buy, Analyst Says.
Text size Dreamstime Advanced Micro Devices could be well-positioned to ride out a tough cycle for semiconductor stocks amid slowing consumer demand, according to Raymond James. Analyst Chris Caso upg...
Why semiconductor stocks are ‘almost uninvestable’ despite record earnings amid a global shortage
The PHLX Semiconductor Index SOX, +1.76%, which hit a record high of 4,039.51 on Dec. 27, fell 13% over the first quarter of 2022, and as of Monday, is down about 24% year to date, putting it firmly i...
Boeing Stock Falls. Its New 777X Jet Is Likely to Be Delayed.
Text size A demonstration flight for the Boeing 777X at the 2021 Dubai Airshow. Giuseppe Cacace/AFP via Getty Images Boeing’s newest model twin-aisle jet—the 777X—probably won’t be in service until 20...
Saudi Royals Are Selling Homes, Yachts and Art as Crown Prince Cuts Income
RIYADH, Saudi Arabia—Saudi princes have sold more than $600 million worth of real estate, yachts and artwork in the U.S. and Europe since the kingdom’s de facto ruler tightened the purse strings of th...
Why did the stock market fall? Dow finishes nearly 1,000 points lower in worst day since October 2020
U.S. stocks fell sharply on Friday to suffer their biggest one-day drop since 2020, as investors continued to weigh hawkish comments on interest rates a day earlier by Federal Reserve Chairman Jerome ...
This Is What Tesla CEO Elon Musk’s Other Company Is Worth
Text size The Boring Company, Elon Musk’s tunneling company, just raised more capital. Robyn Beck/Getty Images One of Elon Musk’s companies just got more valuable. No, this isn’t about Tesla (ti...
Nvidia Stock Could Be in for Trouble. Evidence Is Piling Up.
Text size Nvidia is now the most valuable semiconductor company in the U.S. Dreamstime Nvidia ’s incredible winning streak may soon be coming to an end. The red-hot maker of graphics chips is facing h...
GE Stock Is Overpriced, What Ails Teladoc, and More From Analysts
Text size These reports, excerpted and edited by Barron’s, were issued recently by investment and research firms. The reports are a sampling of analysts’ thinking; they should not be considered the vi...