Ukraine News: BP, Norway Pull Out of Russia; Chipmakers Cut Supplies; and More
One of the world’s supermajor oil companies, BP PLC (NYSE: BP) has announced that it will take a material noncash charge in the first quarter of this year as the company exits its nearly 20% stake in...
View ArticleFriday’s Top Analyst Upgrades and Downgrades: Chevron, Citigroup, Costco,...
The futures were down across the board, as we get set to finish one of the wildest trading weeks in recent memory. It was topped off by strong nonfarm payroll numbers for February, which came in way...
View ArticleCredit Suisse Upbeat on 7 Semiconductor Equipment, Chip Stocks
Semiconductor stocks included in the PHLX Sox index have dropped by about 17% for the year to date, with the semiconductor capital equipment (SCE) makers’ stocks dropping by 25%. That downturn for the...
View Article5 Chip Stocks Poised to Benefit From the US CHIPS Act
President Joe Biden will sign the CHIPS and Science Act into law next week. Along with more than $200 billion to boost federal spending on research and education, the bill provides $52 billion in...
View ArticleEarnings Previews: GlobalFoundries, Norwegian Cruise Lines, Upstart, Velodyne...
The three major U.S. equity indexes closed mixed Thursday. The Dow Jones industrials dropped 0.26%, the S&P 500 slipped by 0.08%, and the Nasdaq rose by 0.41%. Seven of 11 sectors ended the day...
View ArticleEarnings Previews: Constellation Energy, GlobalFoundries
The three major U.S. equity indexes closed lower again Thursday. The Dow Jones industrials ended the day down 0.46%, the S&P 500 closed 1.06% lower and the Nasdaq fell 1.73%. Six of 11 sectors...
View ArticleTop Wall Street Analyst Follows Warren Buffett’s Lead and Says Buy Top...
If any investor has stood the test of time, it is Warren Buffett. For years, the “Oracle of Omaha” has had a rock-star-like presence in the investing world. His annual Berkshire Hathaway shareholders...
View ArticleThursday’s Upgrades and Downgrades: Emerson Electric, Home Depot, Micron,...
The futures traded lower on Thursday, after a slow Wednesday that saw the major indexes close lower, with the tech-heavy Nasdaq the big loser on the day, down 1.54%. The selling was triggered after...
View ArticleWednesday’s Top Analyst Upgrades and Downgrades: Amazon, Caesars, Dollar...
The futures were lower as we hit the midway point in the trading week. All the major indexes finished lower Tuesday, with the exception of the Dow Jones industrial average, which was able to grind out...
View ArticleThursday’s Top Analyst Upgrades and Downgrades: Airbnb, Antero Midstream,...
The futures traded lower Thursday, after a mixed day across Wall Street that saw the S&P 500 and the Nasdaq finish the day higher, while the Dow Jones industrials closed lower. Inflation, as...
View ArticleThursday’s Top Analyst Upgrades and Downgrades: Amazon, Bristol-Myers Squibb,...
The futures traded higher, after a mixed day across Wall Street on Wednesday that saw only the Nasdaq post a small gain, as the rest of the major indexes closed lower following Tuesday’s big rally....
View ArticleThursday’s Top Analyst Upgrades and Downgrades: AMD, Coinbase, Conagra...
The futures were trading lower after the first full day of trading for the third quarter got off to a rough start. All the major indexes closed lower on Wednesday. Some on Wall Street continue to point...
View ArticleThursday’s Top Analyst Upgrades and Downgrades: Bumble, Coupang, Datadog,...
The futures traded higher after another risk-off day for the stock market on Wednesday that once again saw all the major indexes close lower. Reports indicated that many investors have been taking...
View Article5 Semiconductor Stocks Down Big Today: Impinj (PI), Microchip Technology...
The Nasdaq saw its biggest loss since February on Wednesday. The PHLX Semiconductor Index (Nasdaq: SOX) fell 4.13% in a single day. It’s now down 17% from where it closed in July. While the Nasdaq...
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