Cybersecurity and Internet-of-Things company BlackBerry Ltd. late Tuesday reported quarterly results that topped Wall Street expectations, although shares did little in after-hours trading. BlackBerry...
Tag: streets
Vanguard Exit Has Lawyers Mapping Out Wall Street’s Top ESG Risk
(Bloomberg) — At a recent climate-finance meeting attended by Wall Street giants including BlackRock Inc. and Goldman Sachs Group Inc., no one spoke until a lawyer had finished reading out a dis...
Reaching the Bitcoin price bottom is a process, says The Wolf of All Streets, Scott Melker
Crypto investor, trader and content creator Scott Melker, also known as The Wolf Of All Streets, joined the new Crypto Trading Secrets podcast for an interview with host Benjamin Pirus. During the con...
Wall Street’s surprising consensus forecast for 2023: Morning Brief
This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Friday, December 9, 2022 Today’s newsletter ...
Wall Street’s 2023 outlook for stocks
This post was originally published on TKer.co It’s that time of year when Wall Street’s top strategists tell clients where they see the stock market heading in the year ahead. Typically, the average f...
Wall Street’s top strategist Mike Wilson predicts a double-digit percentage drop to hit stocks in early 2023
[hotlink]Morgan Stanley[/hotlink] chief investment officer Mike Wilson was once the only strategist on Wall Street bearish enough to predict the S&P 500 would fall to 3,900 by the end of the year....
Wall Street’s Chorus of Buy China Calls Is Getting Louder
(Bloomberg) — A bullish consensus for Chinese shares is emerging on Wall Street, with new-found optimism around President Xi Jinping’s policy pivots and November’s epic stock rebound prompting s...
Despite Wall Street’s Ebullience, Macy’s Turnaround Strategy Continues To Go Nowhere.
FILE – Shoppers walk to the Macy’s store in the Downtown Crossing district, Wednesday, Nov. 17, … [+] 2021, in Boston. (AP Photo/Charles Krupa, File) Copyright 2021 The Associated Pr...
Big midterm gains threaten Wall Street’s hope of a split government
Following last week’s midterm vote, Wall Street had expected a split government, with Republicans taking charge of the House, Senate, or both. Much to their surprise, a stronger-than-expected showing ...
AutoNation, Lithia rally despite Wall Street’s ‘demand destruction’ theory
Vehicles are displayed for sale at an AutoNation car dealership on April 21, 2022 in Valencia, California. Mario Tama | Getty Images DETROIT – Shares of AutoNation, Group 1 Automotive and other automo...
U.S. stock futures surge after Wall Street’s best week since June
U.S. stock futures surged out of the gate late Sunday, after Wall Street notched its best week since June. Dow Jones Industrial Average futures YM00, +0.62% jumped more than 200 points, or 0.7%, on Su...
A sneak preview of Wall Street’s 2023 stock market forecasts
This post was originally published on TKer.co Stocks surged 5.7% on Monday and Tuesday and then shed almost all of those gains on Wednesday, Thursday, and Friday. When it was all said and done, the S&...
Wall Street’s Friday Night Frights
NYSE trader is shocked! (Photo by Drew Angerer/Getty Images) Getty Images Wall Street’s logic is frightful – or laughable. Here’s the line of reasoning that caused the stock market t...
Tesla delivered a record 343,830 vehicles in Q3, but still missed Wall Street’s forecasts
Tesla reported Sunday it delivered 343,830 vehicles in the third quarter, a new record and a turnaround from earlier this year when a shutdown at its China factory and challenges around opening factor...
Wall Street’s fear gauge hits highest level since June
Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., January 31, 2018. Brendan McDermid | Reuters A measure of fear in stocks just hit the highest level in three months a...
Tesla spent 864 days as Wall Street’s biggest short bet. Now it’s Apple.
A previous version of this piece incorrectly reported Apple’s and Tesla’s market caps. Apple Inc. is now Wall Street’s biggest short bet, displacing Tesla Inc., which had held the title nonstop since ...
2 “Strong Buy” Stocks From Wall Street’s Best Analyst
Finding the right stock is the key to successful investing, but it’s never as easy as that sounds. The answer to the question, which stock to buy? is no secret, but it is hidden, in the avalanche of d...
One of Wall Street’s best bubble spotters says we’re still in the middle of a ‘superbubble’ that hasn’t popped yet
Jeremy Grantham is among Wall Street’s most respected investors. The cofounder of Boston asset manager GMO is well known for having predicted Japan’s asset price bubble in the 1980s, the dot-com bubbl...
John Haar Explained Bitcoin is Out of Wall Street’s Understanding
The crypto market and traditional financial markets have differences from the emergence of the former. With the birth of the first cryptocurrency bitcoin, the financial markets have treated something ...
Blood On The Streets As Crypto Market Liquidations Cross $600 Million
Liquidations across the crypto market have quickly added up in the last day. Bitcoin had dropped below $22,000, triggering rapid losses for traders. These traders had obviously been following the rece...
Ex Goldman Sachs Employee Tells Reason Behind Wall Street’s Bitcoin Misconception
John Haar was previously working as the asset manager for the bank. The ex employee issued an essay explaining why Wall Street doesn’t embrace the crowned digital asset. He explained the reasons behin...
GE Is Worth More in Pieces. Wall Street’s Math Shows Why.
Text size GE management is breaking up the company. Luke Sharrett/Bloomberg General Electric will soon be breaking into three parts, so Wall Street is starting to value the company on a sum-of-the par...
Senator Warren proposes reducing Wall Street’s involvement in crypto
The United States Senator Elizabeth Warren is continuing her anti-crypto campaign, this time proposing legislation that would effectively shut down bank-provided cryptocurrency services, according to ...
TXN Stock: Texas Instruments Crushes Wall Street’s Estimates
Chipmaker Texas Instruments (TXN) late Tuesday crushed Wall Street’s targets for the second quarter and guided higher for the current period. TXN stock jumped in extended trading. X The Dallas-b...
Cruise Robotaxis Keep Stalling On SF Streets, How Upset Should We Be?
A Cruise car testing in San Francisco, not stalled. (Cruise cars only carry passengers at night.) Getty Images Numerous reports have emerged of multiple robotaxis from GM’s Cruise unit stalling on San...
Wall Street’s biggest bull finally turns more bearish on stocks
This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Friday, July 8, 2022 Today’s newsletter is b...
Self-driving cars from GM’s Cruise block San Francisco streets
A robot car of the General Motors subsidiary Cruise is on a test drive. Andrej Sokolow | picture alliance | Getty Images Automotive and tech executives long promised autonomous vehicles would drive be...
Ted Cruz Trolls Sesame Street’s Elmo Over Covid-19 Vaccines For Kids Under 5
Senator Ted Cruz (R-Texas) trolled Elmo, after Sesame Street tweeted a video about Covid-19 … [+] vaccines. (Photo by Paul Zimmerman/WireImage) WireImage Looks like Senator Ted Cruz (R-Texas) wa...
Avoid GE stock ahead of earnings as Wall Street’s expectations haven’t fallen far enough, analyst says
Expectations for General Electric Co.’s second-quarter profit and sales have been reduced significantly in recent months, but there are still those on Wall Street who believe they haven’t come down en...