Christmas came early this year for the stock market. Is there a Grinch waiting to ruin it? It was a week of surprises both good—Federal Reserve Chairman Jerome Powell essentially confirming a smaller ...
Tag: SYND
T. Rowe Price Has Had a Rough Time of Late. Negativity in the Money Manager’s Stock Could Be Overdone.
Money manager T. Rowe Price Group has fallen way out of favor on Wall Street. There are 15 analysts covering the stock, according to FactSet. None say to buy. More say to sell than hold. That’s approa...
Amazon, Walmart, and Kroger Could Have the Solution to Grocery Deliveries
Shoppers returning to stores in the wake of the Covid-19 pandemic, venture-capital money drying up, and higher labor costs mean the first golden age of food delivery looks to be over. But customers ha...
Apple Is Looking to Move Production Out of China, Report Says
Apple has hastened plans to move part of its production out of China, home to the world’s largest iPhone factory, according to a The Wall Street Journal report citing anonymous sources. The world’s mo...
Caterpillar, Deere, and More Industrial Stocks Ready to Break Out
Stocks in the industrial sector have been on a tear. In aggregate, they are knocking on the door of reaching new heights. The Industrial Select Sector SPDR ETF (ticker: XLI ), home to Caterpillar (CAT...
Slowing Inflation Isn’t Good for All Stocks. The Challenge That Tesla and Others Could Be Facing.
Inflation may have peaked, which could be bad news for stocks that have benefited from higher prices. It has taken time, but the market has finally coalesced around the idea that inflation won’t get h...
Sam Bankman-Fried ‘Wasn’t Even Trying’ to Manage Risk at FTX, He Says
FTX founder Sam Bankman-Fried said he made no effort to manage risk at the digital-asset exchange that filed for bankruptcy in November, part of a blitz of public statements about major oversight fail...
Is the Housing Market Headed for a Big Crash? What’s Ahead for Real Estate.
Todd Clark and his wife, Jocelynn Wilde-Clark, have lived through the ups and downs of the housing market in the time of pandemic. In the summer of 2021, as Covid produced frenzied home buying, the co...
Apple Makes Plans to Move Production Out of China
In recent weeks, Apple Inc. has accelerated plans to shift some of its production outside China, long the dominant country in the supply chain that built the world’s most valuable company, say people ...
Marvell Stock Sinks as Earnings Fall Short. Customers Are Pulling Back.
Marvell Technology shares were sinking in late trading Thursday after the data- center semiconductor firm’s earnings and outlook disappointed Wall Street. The company said makers of storage equipment ...
Costco’s Sales Update Slams the Stock. Strong Grocery Sales Aren’t Enough.
Stock in Costco dropped Thursday as its same-store sales fell short of expectations, a rare miss for the warehouse club owner that highlights how strong sales of groceries aren’t enough to make up for...
Blackstone Limited Withdrawals From Its Huge Retail REIT, Stock Slumps
Blackstone is limiting withdrawals from its huge retail real estate investment trust after a sharp rise in redemption requests from investors. In a letter posted on the Blackstone Real Estate Income T...
BlackRock Sees Opportunities in Energy and Healthcare Stocks in 2023
Navigating markets in 2023 demands a new investment playbook, one that favors the healthcare and energy sectors along with short-term government bonds and investment-grade credit, according to BlackRo...
Powell Will Offer a New Mantra: Slow and Steady
Federal Reserve Chairman Jerome Powell will have an opportunity on Wednesday to lay the groundwork for where the central bank is headed when policy makers meet next month—and he’ll likely use it to ma...
CrowdStrike Stock Falls Hard as Outlook Disappoints
CrowdStrike Holdings shares were tumbling in after-hours trading Tuesday after the security software company gave an outlook for the current quarter that fell short of what Wall Street had expected. F...
Generac Catches Another Downgrade. This Time Ford’s EV F-150 Is to Blame.
Shares of backup power provider Generac caught another downgrade. This time electric vehicles are to blame. Jefferies analyst Saree Boroditsky downgraded shares of Generac (ticker: GNRC) to Sell from ...
Lordstown Stock Rises as Endurance EV Trucks Are Cleared for Sale
Lordstown Motors hit an important milestone. Shares are rising, even though many people may not know the word used to describe that step. The Ohio-based electric truck startup announced Tuesday that i...
Twilio Stock Has Been Hammered. 3 Reasons It Could Fall Even More.
Twilio stock was falling Monday after a Jefferies analyst cited three reasons why he has lost confidence in the cloud-based software provider over the near-term. Analyst Samad Samana downgraded shares...
Carvana Stock Downgraded After a 97% Drop. Why Analysts Waited.
Carvana stock is falling in Wednesday trading, following a BofA Securities downgrade. The move comes after the stock has swooned 97% so far this year, although BofA isn’t alone in riding the used-car ...