Morningstar names cheap stocks in a sector that ‘deserves a place in everybody’s portfolio’ – CNBC
David Sekera, a top strategist at Morningstar, says there is one sector that “deserves a place in everyone's portfolio” right now: energy. The firm's U.S. market strategists told CNBC's “Street Signs Asia” last week that the energy sector is trading at a 5% discount and that it “stands well, especially if we enter a further […]
Vaccine stocks fall after Trump taps skeptic RFK Jr.
Pharmaceutical stocks continued to fall on Friday after President-elect Donald Trump's controversial nomination of vaccine skeptic Robert F. Kennedy Jr. to head the Department of Health and Human Services. Shares of coronavirus vaccine makers Moderna and Pfizer fell early Friday morning, dropping 4% and 4.3%, respectively. Shares of Novavax, another US-based biotechnology company, fell 2.6%. […]
Big Tech Stocks Suffer Near $500 Billion Selloff As ‘Dangerously Bullish’ Rally Loses Steam – Forbes
top line Trump-inspired stock market rally further dwindled as investors took note of further concerns hawkish Monetary policy has caused big tech stocks to drop sharply as indexes head into a down week, although stock prices have remained positive since last week's election. On Friday, the Trump-induced stock market rally slowed further. Getty Images important […]
Pharma stocks sink on RFK Jr. pick
Welcome to The Hill's Business & Economics Newsletter {beacon} business and economy business and economy Full text These are the employment benefits American workers really want A few years ago, American workers were spoiled with office perks, especially if they worked in the technology industry or at big banks. From a dedicated coffee area, […]
Dow Jones Today: Stocks Lower as Big-Tech Tumbles; Major Indexes Head for Weekly Losses – Investopedia
Remington's parent company's profit forecast misses, Spectrum Brands stock price falls 46 minutes ago Shares of Spectrum Brands (SPB), the parent company of Remington and George Foreman brands, fell on Friday after lower-than-expected earnings per share and lackluster sales guidance for next year. Spectrum reported fiscal fourth-quarter net income of $28.6 million, up from $16.8 […]
Democrat Dick Durbin Urges Senate Colleagues to Ban Bump Stocks
Sen. Dick Durbin (D) called for a ban on bump stocks during a Senate Judiciary Committee hearing Wednesday. local news live reported Durbin said he framed the bump stock ban as a way to respond to the Supreme Court's June 14, 2024 ruling that struck down the ATF's bump stock ban. Breitbart News points out […]
Dow Jones Today: Stocks Inch Higher Following Benign CPI Inflation Reading; Bitcoin Jumps Above $92K – Investopedia
Rivian skyrockets as Volkswagen joint venture grows larger 32 minutes ago Rivian Automotive (RIVN) shares rose Wednesday as the electric car maker expands its partnership with Volkswagen, with the aim of helping both companies find ways to capture more of the EV market. It skyrocketed. The automakers announced a new joint venture in which Volkswagen […]
Stocks making the biggest moves premarket: Cava, Spotify Technologies, Rocket Lab and more – CNBC
Check out the companies making headlines before the bell. Cava — The fast-casual restaurant chain soared nearly 19% after its third-quarter results beat analysts' expectations. Earnings per share of 15 cents beat the consensus estimate of 11 cents from analysts compiled by LSEG, and sales of $244 million beat expectations of $234 million. EchoStar — […]
Asia stocks dip as Trump rally cools, CPI data looms – Investing.com
Investing.com — Most Asian stocks fell on Wednesday, tracking losses on Wall Street as the post-election bull market appears to be subsiding, while expectations for key U.S. inflation data are also at risk. It spurred evasion. The internal market remains under pressure after China's new fiscal measures have largely disappointed, while uncertainty about what Donald […]
Trump’s win keeps powering U.S. stocks to records
Daniel Niles, founder and portfolio manager of Niles Investment Management, makes a bullish case for the stock market on how to make money. Investors continued to pour money into U.S. stocks, setting new records following President-elect Donald Trump's historic White House victory. The Dow Jones Industrial Average hit a record high for the 43rd time […]