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Here is your Pro Recap of the top takeaways from Wall Street analysts for the past week: upgrades for Wayfair and Dollar Tree, and downgrades for Lithium Americas, Foot Locker, and Yum!...
PCE inflation data, Powell speech, and mega-cap tech earnings in focus this week. Meta Platforms stock is a buy with earnings due on Wednesday. Snap shares set to underperform amid bleak profitability...
Bitcoin broke above key resistance following fake BlackRock ETF approval news But despite the fake news, the crypto managed to stay above $28,000 Can the positive momentum last and take Bitcoin above...
Alphabet, Microsoft, Meta Platforms, and Amazon report earnings next week, with Apple scheduled for the following week. ‘FAAMG’ profit and revenue growth, as well as guidance updates will...
S&P 500's support at 4200 held firm indicating that the bull market remains intact This is supported by the fact that the MACD indicator has registered a bounce off the trend line created from...
US pump prices of gasoline are falling just as crude prices are going the other way Americans spared the pain felt by drivers elsewhere with crude at or near $90 per barrel. If the trend lasts, it...
Some companies are favored because of multiple upward earnings revisions While some are discarded because of the bleak outlooks Meanwhile, there are some stocks that tend to pique Wall Street's...
Tech behemoth Microsoft is set to report earnings next week Results from the company's heavy investments in key growth drivers Azure and ChatGPT will be in focus Nevertheless, Microsoft has a strong...
Bonds have been selling off for quite a while now Once considered the safest investment, the sell-off has proven how risky long-duration bonds can be This is a great opportunity for investors to...
Henry Hub’s front-month swoons to $3.07 from $3.47 peak last seen in January Charts suggest interim return to $2 pricing but bulls refute that, pointing to demand Below-normal 80-bcf storage...
Elon Musk's Tesla is set to announce earnings after market closes today Investors are eager to see how the EV maker's price cuts have affected company's earnings Based on how the stock has reacted to...
Wall Street’s Q3 earnings season kicks into high gear this week. Despite the bleak forecast, there is a select group of companies poised to deliver explosive profit growth. Investors should...
Periodic weakness in the dollar might delay but not prevent yen decimation If Dollar Index weakness extends to 105.40 and below, USJ-JPY could see 148 Consolidation above 149 may resume...
Middle East conflict has escalated as Israel prepares for ground invasion of the Gaza strip With rumors of Iran potentially getting involved, there is a concern that this conflict could escalate into...
Netflix's third-quarter 2023 results will be announced on Wednesday after the stock market closes The company has implemented a policy prohibiting the sharing of accounts outside the household Will...
Initial signs from earnings suggest that EPS growth bottomed last quarter Going ahead, it looks like the rebound could continue into next year Meanwhile, majority of the stocks in S&P 500 remain...
Mideast crisis has flared again speculation of euro-dollar parity Troubled Europe could take further inflation hit from surging energy costs Top Wall St banks expect dollar to reach $1 between...