Intel Corporation (INTC) shareholders have been battered and bruised in both the short and long term. The stock is down more than 30% through 2024 thus far. Looking back even further, the stock has tumbled 41% in the past 5 years. So, is it time to sell INTC and move on? We’re here to [...]
Monday: Major Indexes slide on geopolitical worries and climbing treasury yields. Dow -0.7%, S&P500 -1.2%, Nasdaq -1.8%. Investors remain cautious amid tensions in Ukraine and concerns over inflation. Tuesday: Mixed performance as bond yields continue upward. Comments from Fed Chair Powell further fuel uncertainty. Dow +0.2%, S&P500 -0.2%, Nasdaq -0.1%. Investors weigh the possibility [...]
Shares of American Express Co. (AXP) are up nearly 5% in Friday’s trading session after the company delivered first-quarter earnings that came in well above the analyst consensus. New card acquisitions were way up for the quarter - more specifically, high-spending, high-credit quality customers that are as valuable as it gets for the company. [...]
Equifax (EFX) reported its first-quarter earnings results yesterday after the market closed, and the stock has started tumbling as a result. It’s down more than 5% so far Thursday. The credit-scoring company brought in revenue of $1.389 billion while Wall Street was expecting at least $1.4 billion. Profits narrowly came in above expectations with [...]
The market came under pressure this week following Fed Chair Jerome Powell’s comments about inflation that were less than enthusiastic. While speaking at a policy forum focused on US-Canada economic relations, Powell articulated that the first quarter’s sticky inflation data means market-rate cuts will happen later than initially hoped. The Fed’s benchmark interest rate [...]
Shares of United Airlines (UAL) are cruising higher after a solid first-quarter performance in which the airliner had to overcome a myriad of adversities. The stock is up 13% so far today after delivering a better-than-expected top and bottom line. Revenue of $12.54 billion represented a nearly 10% growth year over year and narrowly [...]
Live Nation (LYV) has fallen around 7% so far Tuesday morning after news broke Monday after the market closed that the entertainment company could be in hot water with the Justice Department. While both Live Nation Entertainment Inc. and the Justice Department themselves chose to keep quiet on the matter, a source at Wall [...]
Adidas (ADDYY) is running in the right direction Monday morning after getting a double upgrade from Morgan Stanley analysts. A team led by Edouard Aubin moved their position from underweight up two notches to overweight, taking a bullish stance on the athleticwear and shoe brand. This comes after Aubin and his team noted an [...]
Monday: Wall Street started cautiously, awaiting key inflation data later in the week. The Dow dropped marginally by 0.03%, the S&P500 dipped slightly by 0.04%, and the Nasdaq saw a modest increase of 0.03%. Tuesday: The market remained choppy, with mixed results. The Dow decreased by 0.02%, the S&P500 rose by 0.1%, and the [...]
It’s been a tough stretch thus far through 2024 for Apple (AAPL), which is down more than 6% year-to-date. Meanwhile, the S&P 500 index is up 8%. So what’s going on with this stock, and should you be concerned as an AAPL investor? One analyst thinks it’s just a matter of investors not realizing [...]
