The S & P 500 is marching back toward record highs, and it's not being led by megacap tech alone. More than 80% of S & P 500 stocks closed above their 50-day moving average last week — the most...
Here are Friday's biggest calls on Wall Street: Evercore ISI reiterates Nvidia as outperform "We continue to view NVDA as our top Tectonic Shift in Computing pick, with a full-stack ecosystem that positions it to capture 70-80% of the value...
Richard Newstead | Moment | Getty ImagesLONDON — Britain's biggest high street lenders are continuing to slash borrowing costs after the Bank of England's first interest rate cut in four years sparked a boom in homebuyer activity.Barclays, Halifax, HSBC and NatWest are...
UAW President Shawn Fain chairs the 2023 Special Elections Collective Bargaining Convention in Detroit, Michigan, U.S., March 27, 2023. Rebecca Cook | ReutersDETROIT – United Auto Workers President Shawn Fain ratcheted up criticism of Stellantis CEO Carlos Tavares in a video...
Inflation rose as expected in July, driven by higher housing-related costs, according to a Labor Department report Wednesday that is likely to keep an interest rate cut on the table in September.The consumer price index, a broad-based measure of prices...
U.S. Vice President and Democratic presidential candidate Kamala Harris speaks with members of the media before boarding Air Force Two at Detroit Metropolitan Wayne County Airport in Romulus, Michigan, U.S., August 7, 2024.Elizabeth Frantz | ReutersVice President Kamala Harris on...
Here are Thursday's biggest calls on Wall Street: Canaccord initiates Stride as overweight Canaccord initiated coverage of the education tech company and said it's well positioned in the adoption of online learnings. "We are initiating coverage of LRN with a...
Check out the companies making headlines before the bell. Chip stocks — Nvidia shares fell roughly 12.5% in premarket trading as the artificial intelligence trade continues to unwind, dragging down once-hot semiconductor plays. Broadcom slipped about 9%, while Super Micro...
Check out the companies making headlines before the bell. Exxon Mobil — The energy giant reported a stronger-than-expected profit for the second quarter amid record production in Guyana and the Permian Basin. Earnings per share came in at $2.14, beating...
Here are Tuesday's biggest calls on Wall Street: Loop initiates BrightView as buy Loop said it's bullish on shares of the commercial landscaping company. "We are initiating coverage on BV with a Buy rating and $18 PT as we believe...
