Tesla, Corning, Morphic, Boeing, Intel, Paramount, ServiceNow, SolarEdge, and More Movers – Barron's
Tesla rose 2.6% to $258.14 after dropping early in trading. If the electric car maker’s shares close higher, it will mark its ninth consecutive trading day of gains. The stock turned positive last week and is up 3.5% so far this year. Al Root Barons The company noted that the recent rise in the stock’s […]
Visa and Mastercard Have A New Competitor: The Fed – Barron's
When it comes to the Federal Reserve, all most investors care about is when the central bank plans to cut interest rates and what Fed Chairman Jerome Powell has to say about inflation. But the Fed is working on another initiative that could have a big impact on two financial stocks, and it has nothing […]
‘Trump’ Stocks Are Rising: Banks, Managed Care, Steel – Barron's
Stocks that could benefit from a Trump presidency, such as banks, managed care companies and steelmakers, rose on Friday, while green energy stocks fell. President Biden’s weak performance in Thursday’s debate appears to be prompting investors to bet against “Trump” stocks and sell stocks that could lose money if Donald Trump wins in November. All […]
Big Banks Can Withstand Disaster Scenario as Balance Sheets Grow ‘Riskier,’ Fed Says – Barron's
The Federal Reserve said on Wednesday that its annual bank stress tests showed that large U.S. financial institutions have enough capital to withstand an economic crisis, but noted risks to banks’ balance sheets were growing. The high-profile tests subjected banks to a series of theoretically dramatic financial system shocks and showed that the biggest banks […]
Stocks Need a Strong Economy to Keep Rising. The Data Are Getting Worse. – Barron's
The stock market got off to a shaky start on the first trading day of June, with some market watchers predicting the summer blues will continue for some time to come. The U.S. economy and stock market have performed surprisingly well in recent years, and a recession that was previously thought to be absent or […]
Nvidia Stock Jumped After Stock-Split News. These 14 Names Could Be Next. – Barron's
Nvidia’s stock split is likely just the start of similar efforts by other companies. Investors should pay attention, as stock splits often precede big rallies. When Nvidia reported its first-quarter results last week, it announced a 10-for-1 stock split at the close of trading on June 7. Investors will receive 10 shares for each share […]
6 Dividend Stocks With Yields Higher Than the 10-Year Treasury – Barron's
It’s been a tough year for high-dividend stocks, but not all have struggled. It’s no secret that high interest rates are a headwind for high-dividend stocks. During years of low to near-zero interest rates since the 2007-2009 recession, yield-hungry investors had little choice but to seek dividends. But now, with virtually risk-free 10-year U.S. Treasuries […]
CVS, AMD, Super Micro, Amazon, Starbucks, Pfizer, Norwegian, Pinterest, DuPont, and More Movers – Barron's
Stocks traded mixed as Wall Street awaited the Federal Reserve’s interest rate decision on Wednesday. The central bank is widely expected to leave interest rates unchanged. CVS Health’s first-quarter adjusted earnings per share were $1.31, below analysts’ expectations of $1.69. The company also lowered its adjusted earnings forecast for this year to at least $7 […]
AT&T Stock Is Upgraded After Earnings, Amid ‘Unique Window of Opportunity.’ – Barron's
Barclays argued Monday that AT&T is on the rise and now is the time to buy the stock. Analysts led by Kanan Venkateshwar upgraded the company’s rating from “equal weight” to “overweight,” but maintained their price target of $20. AT&T stock was down 0.5% in afternoon trading after rising 2.6%. The S&P 500 fell 1%. […]
Costco Stock Has Been a Long-Term Winner. It’s No Longer a Buy, Analyst Says. – Barron's
Costco Wholesale shares fell Wednesday after analysts downgraded the warehouse retailer’s stock, citing valuation concerns. Gordon Haskett analyst Chuck Grom downgraded Costco’s stock from “buy” to “accumulate.” This means we expect the company’s stock to outperform total shareholder return by less than 10%. Grom also maintained his $775 price target. Grom’s downgrade of the retailer […]