GE Vernova Gains 5% on First Analyst Upgrade, But Does That Mean You Should Buy GEV Already?
General Electric successfully completed the spin-off of its GE Power business just a few weeks back and listed GE Vernova as its own publicly traded company (GEV). Analysts are already hot on the stock as it received its first upgrade today by J.P. Morgan’s Mark Strouse. He moved his stance from hold to buy but maintained his price target [...]
Climbing Yields and Economic Data: A Rollercoaster Week on Wall Street
Monday: A mixed batch of economic data and a rise in treasury yields influenced the market on the first trading day. Wall Street ended with mixed results, with the Dow declining by 0.6%, the S&P500 slipping 0.2%, and the Nasdaq managing a slight uptick of 0.1%. Tuesday: Bond yields continued to climb, leading to another day of losses for [...]
Is Microsoft Poised to Pop on its AI Investments? 3 Things to Consider Before Investing in MSFT
Much of the conversation surrounding the AI revolution focuses on names like Nvidia, AMD, Palantir, and other stocks that have captured the limelight by capitalizing on this emerging technology. However, there is reason to believe Microsoft (MSFT) could prove to be the real winner of the “AI arms race” in the long run. No, it's not a pure-play AI [...]
Levi Strauss Jumps 15% on Solid Earnings, Upbeat Guidance: Why You Should Buy LEVI Today
Levi Strauss & Co. (LEVI) is up around 15% on the day so far after delivering a solid quarterly performance coupled with an optimistic outlook for the remainder of the year. The jeans maker saw a jump in sales as it narrowed focus on its direct-to-consumer segment. The company’s fiscal first quarter saw revenue of $1.56 billion, which fell [...]
Tesla Drags Down the Start of Quarter 2 Due to Disappointing Deliveries; Will the Stock Rebound?
The beginning of quarter 2 feels like April Fools keeps going with the markets under pressure due to the Fed’s hesitancy to cut rates, global strife continuing, and Tesla’s (TSLA) poor deliveries dragging the market down. Although delayed rate cuts are disappointing, seeing one of the magnificent 7 continue to plummet hurts like more bad news on top of [...]
Bob Iger’s Return to Disney is Under Threat by Trian Proxy Vote: 3 Things Investors Need to Be Aware of
The return of Bob Iger to the Disney throne was highly anticipated, and for the most part, well-received. DIS is up more than 22% in the past year and recent earnings reports have suggested that Iger is steering the ship in the right direction. The stock is up more than 33% through 2024. However, one activist investor group has [...]
