My top 10 things to watch Friday, Aug. 15 — Today’s newsletter was written by Zev Fima, the Investing Club’s portfolio analyst. 1. DA Davidson upgraded Club name Salesforce to a hold-equivalent rating from underperform while keeping its price target of $225 a share. Activist investor Starboard increased itss stake in the company by 47%,…
Check out the companies making headlines in after-hours trading. Applied Materials — The semiconductor equipment manufacturer tumbled 11% after the current-quarter outlook missed expectations of analysts polled by LSEG. Fiscal third-quarter earnings and revenue topped estimates. UnitedHealth — The insurer jumped nearly 8% after Warren Buffett’s Berkshire Hathaway revealed a new stake , according to…
Suddenly, Wall Street cares about inflation again. After taking a backseat to the jobs report earlier this year, inflation data will take center stage next week as investors try to discern whether the Federal Reserve will cut in September. The latest consumer price index is set to release Tuesday, and the producer price index is…
WASHINGTON, DC August 6: US President Donald Trump shakes hands with CEO of Apple Tim Cook during a meeting in the Oval Office of the White House on Wednesday August 6, 2025. Demetrius Freeman | The Washington Post | Getty Images President Donald Trump has made clear that he wants Apple to make iPhones in…
Check out the companies making headlines in midday trading: Warner Music Group — The entertainment stock popped 3% following an upgrade at Citi to buy from neutral. Citi analyst Jason Bazinet said Warner Music’s multiple is “far below” those of its peers. Roku — Shares popped nearly 14% after the streaming company reported fourth-quarter results…
10 things to watch Friday, Feb. 14 — Today’s newsletter is written by Director of Portfolio Analysis Jeff Marks. 1. Wall Street is tracking for a lower open following a strong rally in the prior session. Stocks got a boost Thursday after learning that President Donald Trump’s planned reciprocal tariffs won’t take effect immediately. The…
Inflation readings next week will have to show that the rosy macroeconomic outlook underpinning the bull case for stocks remains intact, in order to reassure a whipsawed market swinging between the latest earnings news and the latest tariff updates. Wall Street is in for a quieter economic calendar in the week ahead, but investors will…
Targeting China’s semiconductor and AI sectors, the Biden government announced increased export restrictions, strengthening measures to offset Beijing’s technology gains. The Department of Commerce has put new restrictions on sales of high-bandwidth memory and chipmaking equipment, therefore affecting American companies including Lam Research Corp. (NASDAQ:LRCX), Applied Materials Inc. (NASDAQ:AMAT), and KLA Corp. (NASDAQ:KLAC). These limitations…
Traders work on the floor of the New York Stock Exchange during morning trading on Nov. 26, 2024. Michael M. Santiago | Getty Images The Dow Jones Industrial Average and S&P 500 rose to new heights on Friday amid a shortened trading day that capped a strong month for equities. The S&P 500 added 0.56%…
Check out the companies making headlines in midday trading: Global pharma stocks — Shares of several vaccine makers declined after President-elect Donald Trump selected prominent vaccine skeptic Robert F. Kennedy Jr. as health secretary on Thursday. Shares of Moderna and Pfizer slipped nearly 9% and 5%, respectively. BioNTech , which helped develop a Covid vaccine with…