Wall Street’s analysts make their reputations by the quality of their stock notes, and some of them stand tall above their peers. The best analysts bring a sharp eye to the table, and a combination of solid knowledge and deep experience that lends credence to their stock calls. So, when those top analysts start selecting … Read more
Text size Arm Holdings made its stock market debut on Friday but has since lost some of its gains. Courtesy NASDAQ Futures for the Dow Jones Industrial Average increased 16 points, or 0.1%, after the index fell 289 points, or 0.8%, last Friday. The S&P 500 gained 0.1% with contracts tracking the tech-heavy Nasdaq up … Read more
Bridgewater founder Ray Dalio.Brendan McDermid/File Photo/Reuters Three market experts have cited concern that growing US debt will send interest rates up. Ray Dalio and Bill Gross both pointed out a supply-demand imbalance that will keep fueling borrowing costs. US debt supply will only grow, as a recession would expand the federal deficit, Jeffrey Gundlach added. … Read more
A smart investor is a patient investor, in the game for the long haul. Warren Buffett, a legend in the markets, has long been known for advocating long-term holdings – and so does the banking giant Morgan Stanley. The bank’s annual ‘Vintage Values’ report points out the firm’s top stocks for a ‘buy-and-hold’ strategy on … Read more
Text size *** ONE-TIME USE *** Dmitrii Bykanov/Dreamstime.com Visa ’s motto is “unlocking opportunity for everyone,” but an attempt to unlock value for certain holders of its stock caused its share price to fall on Thursday—and created a buying opportunity. The story is, well, complicated. Visa (ticker: V), which went public in 2008, has an … Read more
Text size Adobe benefited from new AI tools and raised subscription prices. Dreamstime Shares of software maker Adobe were falling early Friday after the company beat Wall Street’s expectations for both earnings and guidance. Adobe (ticker: ADBE) Chief Financial Officer Dan Durn said in an interview with Barron’s that it was “a blowout quarter.” The … Read more
Text size Investors hope Arm’s IPO can reignite capital markets amid a slow year. Courtesy NASDAQ Arm stock was set to soar for a second day after the chip designer went public in the biggest initial public offering of 2023. Traders were flocking to the shares, with premarket volumes much higher than other popular stocks. … Read more
Text size A member of the crowd waves a picket sign outside Ford’s assembly plant in Michigan after the strike began against the Big Three auto makers. Photograph by Nick Hagen Stock futures were mostly higher Friday as Wall Street weighed the impact of the strike by workers at the Big Three auto makers, while sentiment … Read more
Text size Alibaba stock is sensitive to signs of health among Chinese consumers. Dreamstime Chinese data may be boosting risk sentiment in the short-term on Friday, but the performance of two widely-held stocks may suggest investors are not convinced that a slowdown in the world’s second-largest economy is abating. Fears over stagnation in China’s economy—which … Read more
Text size Nucor stock was falling in premarket trading Friday. Photograph by Patrick Fallon/Bloomberg Shares of Nucor were sliding in premarket trading after the steel manufacturer issued weak guidance for its third quarter. Nucor (ticker: NUE) said Thursday it expects third-quarter earnings to land between $4.10 and $4.20 a share, below the $4.61 analysts had … Read more
