The U.S. dollar’s unrelenting surge is raising worries over corporate earnings, warned a closely followed Wall Street analyst, who noted that similar performances by the currency have historically led...
Tag: Recommendations
Growling Powell causes Goldman to cut its S&P 500 price target. Again.
During the height of the bull market – which, boy, seems so long ago – the call-option crazy punters inhabiting the Wallstreetbets channel had a favorite meme to explain why stocks would keep going hi...
Freyr Battery Gains as Analyst Calls It a Top Pick. The Stock Could Quadruple.
Text size Freyr can be a serious battery player in years to come, says Morgan Stanley’s Adam Jonas. FREYR Stock in Norwegian battery start-up Freyr Battery is getting a boost from a new bullish ...
Buy Luminar Stock, Analyst Says. It’s a Winner in Radar for Autonomous Cars.
Text size Luminar’s stock is forecast to reach $30 by December 2023. Here, a photo of a Luminar Lidar-based sensor on a test vehicle. Patrick T. Fallon/AFP via Getty Images The autonomous vehicl...
White House Releases ‘First-Ever’ Framework for Digital Asset Development — Crypto Industry Leader Says Recommendations Are Unclear – Regulation Bitcoin News
The White House has now released what it called its “first-ever” comprehensive framework for the responsible development of digital assets just over six months after U.S. President Joe Biden signed an...
‘Simply staggering.’ FedEx hit with downgrades, price target cuts as warning shocks Wall Street.
A profit warning from FedEx was ringing alarm bells for Wall Street and beyond on Friday, with shares of the economic bellwether slumping as analysts piled on downgrades and price target cuts. FedEx F...
XPeng Stock Is About to Go Higher, Says Analyst
Text size XPeng stock can gain in coming months, according to Deutsche Bank analyst Edison Yu. Hector Retamal/AFP via Getty Images Sometimes timing is everything. And Deutsche Bank believes now is the...
3 Chip Stocks for a Potential Recession, According to an Analyst
Broadcom is one of three chip stocks Bernstein identified as able to outperform in a recession. Justin Sullivan/Getty Images Text size Bernstein believes three semiconductor stocks can outperform if t...
Carvana Stock Is ‘Grossly Undervalued,’ Analyst Says
Text size Carvana stock has lost 84% this year. Mark Ralston / AFP via Getty Images Declining prices for used cars, rising interest rates, and a series of regulatory challenges have pummeled Carvana s...
These two ETFs point to a potential stock-market drop, says this market analyst
Growth and technology stocks, as measured by the Nasdaq-100 index, have gotten more expensive and appear poised for a potential fall in the next couple weeks, according to Michael Kramer, founder of M...
DocuSign Stock Surges on Earnings Beat, Boost to Billings Forecast
Text size Courtesy DocuSign Shares of DocuSign were surging Friday after the e-signature company posted quarterly earnings and revenue that topped analysts’ estimates and raised its forecast for fisca...
AMD Is the Chip Stock to Buy Over Nvidia and Intel, Says Analyst. Here’s Why.
Text size AMD releases its next-generation Ryzen 7000 series chips on Sept. 27. Dreamstime Advanced Micro Devices is the best bet out of the three major U.S. computer chip companies, according to Stif...
UiPath Stock Sinks on Cut to Fiscal-Year Revenue Forecast
Text size UiPath, the robotic-process automation software company, cut its revenue outlook for the fiscal year. Courtesy UiPath UiPath stock was sinking Wednesday after the robotic-process automation ...
Wall Street Analysts Rate Stocks With a Variety of Labels. Here’s How to Read Them.
Text size Wall Street analysts slap Buy, Strong Buy, Sell, Underperform, Neutral or other labels on stocks Michael Nagle/Bloomberg Ratings can be confusing. Analysts slap Buy, Strong Buy, Sell, Underp...
Dow downgraded again, but high dividend yield keeps analyst from turning bearish
Shares of Dow Inc. inched lower Friday, putting them on track to suffer a sixth-straight loss, after another Wall Street analyst downgraded the chemicals and specialty materials company, citing concer...
Silver is at a 2-year low, but it’s not gold that will determine what happens next, this analyst says
A tie can feel like a loss if you were in line for a victory. Conversely the draw can be celebrated if you were facing defeat. After a number of sessions when early gains evaporated, traders will be r...
FBI issues recommendations for DeFi investors amid exploits
The US Federal Bureau of Investigation (FBI) is encouraging investors in decentralized finance (DeFi) protocols to seek platforms that have undergone code audits in light of an uptick in criminals exp...
Okta stock falls despite increased forecast, earnings beat
Okta Inc. shares fell in late trading Wednesday despite revealing an increase in the software company’s annual outlook and reporting a better quarter than Wall Street expected. Okta OKTA, +0.26%, whic...
Lucid Picks Up New Buy Rating. Stock Can Rise 60%.
Text size A Lucid Air gets up to 500 miles of range on one charge. Courtesy Lucid Motors Shares of luxury electric vehicle maker Lucid is rising Tuesday after a new bullish call from the Street. Canto...