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Netflix's content slate, password sharing crackdown set stage for positive Q2
Investing.com -- Netflix Inc (NASDAQ:NFLX) is set to enter the earnings stage next week against a backdrop of high expectations, but JPMorgan (NYSE:JPM) believes the streaming giant may spring a few u
Investing.com
Jul 12, 2024
US 10Y Treasury could likely fall below 4% by end of summer as Fed rate-cut nears
Investing.com -- The 10-Year Treasury yield fell for a second week in a row on Friday, prompting some on Wall Street to bet on a potential slip below 4% by the end of the summer as the Federal Reserve
Investing.com
Jul 12, 2024
Lufthansa lowers profit forecast for 2024 – Shares under pressure
Investing.com - Deutsche Lufthansa (ETR:LHAG) lowered its profit forecast for the current year on Friday. This announcement triggered a significant reaction on the stock market: the stock initially pl
Investing.com
Jul 12, 2024
US annual PPI inflation tops expectations, stocks fall
S&P 500 and Nasdaq 100 futures fell to premarket lows after the release of the US Producer Price Index (PPI) for June, which indicated a higher-than-anticipated increase in prices. The US Bureau of La
Investing.com
Jul 12, 2024
Tesla an AI beneficiary, but needs to stabilize core auto business: Morgan Stanley
Tesla (NASDAQ:TSLA)'s status as a potential AI leader is undeniable, yet its immediate focus should be on stabilizing its core automotive business, according to Morgan Stanley (NYSE:MS) analysts.The
Investing.com
Jul 12, 2024
These are the top stocks for Q2 earnings season according to our AI model
Investing.com — Big banks kicked off this morning what is likely to be a very positive earnings season for stocks. Average EPS for the S&P 500 is expected to grow by +8.8% from the same peri
Investing.com
Jul 12, 2024
Enel shares rise as Jefferies upgrades to Buy; Here's why the stock is undervalued
Investing.com – After yesterday's +1.25% gain, shares of Enel (BIT:ENEI) continue to rise on the FTSE MIB today, gaining +1.10% as of 12:38 p.m.Jefferies analysts helped push the energy gian
Investing.com
Jul 12, 2024
Citi remains bullish on storage stocks amid a cyclical demand recovery
Citi analysts reaffirmed their positive outlook on storage stocks in a note to clients Friday. They specifically highlighted Seagate Technology (NASDAQ:STX) and Western Digital (NASDAQ:WDC) and an
Investing.com
Jul 12, 2024
FTSE 100 up; U.K. shares mixed at market open
Investing.com – U.K. equities started mixed on Friday, with gains in Tobacco, Banks, Food & Drug Retailers, Personal Goods sectors while Mining, Real Estate Investment Trusts and Aerospace &
Investing.com
Jul 12, 2024
Asian stocks sink as tech profit-taking overshadows rate cut cheer
Investing.com-- Most Asian stocks retreated on Friday, with technology-heavy indexes seeing steep losses as the sector was slammed by profit-taking even as soft U.S. inflation data ramped up optimism
Investing.com
Jul 12, 2024
US stock futures steady as Wall St falls after CPI data; Q2 earnings awaited
Investing.com-- U.S. stock index futures steadied in evening deals on Thursday as Wall Street was slapped with profit-taking even as inflation showed signs of cooling, with focus now turning to the se
Investing.com
Jul 12, 2024
Olaplex revamps leadership: Appoints Dunleavy, Gohman amid falling sales
Investing.com - Olaplex Holdings Inc (NASDAQ:OLPX) lifted 12.2% during Thursday's trade after announcing the addition of two seasoned executives to its leadership team. Catherine Dunleavy is set t
Investing.com
Jul 11, 2024
Culper Research calls out Iris Energy's misrepresentations and overvaluation
Investing.com - In a research note relased on Thursday, Culper Research cast a shadow over Iris Energy Ltd (NASDAQ:IREN), a firm originally focused on bitcoin mining that is now rebranding as a high-p
Investing.com
Jul 11, 2024
Steve Eisman: Big tech dominance to continue, predicts Trump victory
Investing.com - In interview with Bloomberg Television on Thursday, Steve Eisman, a senior portfolio manager at Neuberger Berman Group, expressed his belief in the continued dominance of US megacap te
Investing.com
Jul 11, 2024
Q2 earnings preview: Wells Fargo warns consensus estimates 'are a bit optimistic'
As the second quarter earnings season kicks off, Wells Fargo (NYSE:WFC) analysts caution that consensus expectations may be overly optimistic.The bank states that historically, 65% to 70% of compani
Investing.com
Jul 11, 2024
Yardeni lifts S&P 500 price target to 5,800
Yardeni Research has raised its year-end target for the S&P 500 to 5,800 from 5,400, citing an accelerated discounting of their "Roaring 2020s" scenario.The firm emphasized that the stock market is su
Investing.com
Jul 11, 2024
Fed to hint in July that it plans to start cutting rates in September: Evercore
Evercore ISI, a prominent investment banking advisory firm, indicated that the Federal Reserve is now poised to lower interest rates in September following a softer-than-expected Consumer Price Index
Investing.com
Jul 11, 2024
This stock is up 5% after better-than-expected CPI reading
Investing.com — While the market remained nearly flat after today's better-than-expected CPI report, several stocks are taking advantage of the risk-on signal to rally upward regardless.Against
Investing.com
Jul 11, 2024
JPMorgan shuffles its European media stock ratings
Investing.com - JPMorgan (NYSE:JPM) has taken a fresh look at the European Media sector in the wake of the bank’s economists turning more positive on the region’s macro outlook.JPMorgan’s economists s
Investing.com
Jul 11, 2024
Citi says Orange is a solid defensive play ahead of Q2 earnings
Investing.com - The stock of the French telecom operator Orange SA (EPA:ORAN) has so far experienced a positive July, and the upcoming quarterly results on July 24 could help maintain this trend.This
Investing.com
Jul 11, 2024
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