Oracle (NYSE:ORCL – Free Report) had its price target decreased by Barclays from $150.00 to $147.00 in a research note issued to investors on Tuesday, Marketbeat.com reports. Barclays currently has an overweight rating on the enterprise software provider’s stock. Several other research analysts have also commented on the company. Piper Sandler restated an overweight rating
Month: September 2023
GM workers with the UAW Local 2250 union strike outside the General Motors Wentzville Assembly Plant in Wentzville, Missouri, Sept. 15, 2023. Michael B. Thomas | Getty Images Check out the companies making headlines in midday trading. General Motors, Ford, Stellantis — Shares of Ford was near flat, while General Motors gained 0.9% and Stellantis
From planes to trains to automobiles, every innovation in human movement has opened new doors and new industries. Some of the most innovative companies of today are now bringing in flying cars, promising to once again revolutionize the way we travel around. Flying car stocks will bring about easier short-flights, and the possibility to fly
Sometimes, I’ll root for an underdog. However, I just can’t get behind electric vehicle (EV) manufacturer Lucid Group (NASDAQ:LCID) in 2023. LCID stock has been a poor performer and could easily continue to lose value this year. I’m not the only commentator who’s concerned about Lucid Group’s future prospects. As we’ll see, at least one expert
Glassy Mountain Advisors Inc. purchased a new stake in The Walt Disney Company (NYSE:DIS – Free Report) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 24,430 shares of the entertainment giant’s stock, valued at approximately $2,181,000. A number of other institutional
Ray Dalio, billionaire and founder of Bridgewater Associates LP, speaks during the Milken Institute Conference Bloomberg | Bloomberg | Getty Images As concerns mount over rising interest rates and inflation levels, billionaire investor Ray Dalio says he prefers to hold cash for now, not bonds. “I don’t want to own debt, you know, bonds and
An AMC Theatre in New York City, March 29, 2023. Leonardo Munoz | Corbis News | Getty Images Check out the companies making headlines before the bell. Yum China — Shares rose more than 3% during premarket hours as the Chinese restaurant conglomerate announced new financial targets and unveiled plans to expand to 20,000 restaurants
In the world of electric vehicles stocks, obvious names deserve a place in the long-term portfolio. Tesla (NASDAQ:TSLA) and Li Auto (NASDAQ:LI) are likely to be sustainable value creators. At the same time, other cheap EV stocks that hold value deserve some attention. This column focuses on three of the cheapest EV stocks that can
The stock market has been on a roller coaster ride in 2023, with the S&P 500 experiencing several sharp swings in both directions. As of early this week, the benchmark index was up 16.9% year-to-date (YTD) but down 2.6% from its annual high in July. The main drivers of the market volatility have been inflation,
Stephens cut shares of Hostess Brands (NASDAQ:TWNK – Free Report) from an overweight rating to an equal weight rating in a research report released on Tuesday, Marketbeat reports. TWNK has been the subject of several other reports. JPMorgan Chase & Co. downgraded Hostess Brands from an overweight rating to a neutral rating and set a
Welcome to our channel! In this video, we delve deep into the exciting phenomenon of the New Bull Market in Banks. Discover the strategies and tips to navigate this promising financial trend. Whether you’re a seasoned investor or just starting, this video is a must-watch. Join us as we explore the reasons behind the surge
In this article Follow your favorite stocksCREATE FREE ACCOUNT is a leading semiconductor intellectual-property supplier, designing chip technology that is used in high-tech gadgets, including most of the world’s mobile phones. The company then licenses that tech out to the industry’s major players and collects royalties. Roughly five chips in every smartphone are based on
Striking Writers Guild of America members walk the picket line in front of Netflix offices in Los Angeles, July 12, 2023. Mike Blake | Reuters Check out the companies making headlines in midday trading: Visa — The credit card behemoth’s stock was trading more than 2% lower after announcing plans to change its share structure.
Now looks like a good time to consider undervalued mid-cap stocks. According to Franklin Templeton, the grouping of companies with market capitalizations between $2 billion to $10 billion is due for further improvement. Large-cap firms rebounded strongly in 2023 following the pullback. The S&P 500 Large Cap Growth Index was up more than 21% through
Is the era of meme-stock rallies finally over? Probably not, but we may be witnessing a last gasp as AMC Entertainment (NYSE:AMC) stock tumbles to alarming lows. As long as AMC Entertainment is willing to dilute its current shares through common stock offerings and conversions, even the faithful “Apes” should consider cutting their losses and moving
Livforsakringsbolaget Skandia Omsesidigt lessened its stake in shares of Bank of America Co. (NYSE:BAC – Free Report) by 9.1% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 355,552 shares of the financial services provider’s stock after selling 35,600 shares during
A member of the Mississippi National Guard receives a dose of the Moderna COVID-19 vaccine in his arm, in Flowood, Mississippi. Rogelio V. Solis | AP Check out the companies making headlines before the bell. Moderna — Moderna shares rose more than 3% in early trading after the Centers for Disease Control and Prevention recommended updated Covid vaccine
September — widely regarded as the “worst month for the stock market” — is living up to its reputation. In fact, the S&P 500 is down 1% since August, in line with its average 1.1% monthly decline since 1928. Of course, many investors are spooked, unsure of how to invest in an economy on shaky
Metaverse stocks emerged with a bang a couple of years ago. In fact, Mark Zuckerberg even changed the name of his social media company to Meta Platforms (NASDAQ:META), cementing the idea that the metaverse would be the destination of the future. And yet, there’s little sign of much follow-through on the concept today. So far,
First Solar (NASDAQ:FSLR – Free Report) had its price objective hoisted by BMO Capital Markets from $235.00 to $237.00 in a report released on Monday morning, Marketbeat.com reports. The brokerage currently has a market perform rating on the solar cell manufacturer’s stock. Several other research analysts also recently commented on FSLR. Wolfe Research downgraded First
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