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…
Sports betting company DraftKings could see strong gains ahead due to this year’s Super Bowl betting activity and the Philadelphia Eagles’ victory, according to Bank of America. Compared to last year’s Super Bowl, both FanDuel and New Jersey’s Division of Gaming Enforcement reported a 19% gain in wagering, and GeoComply reported a 14% increase in…
Small-cap stocks could be on the verge of a renaissance as attractive valuations and secular trends bring about sharp gains, according to portfolio managers at Baron Capital. Baron Capital, known for being an early and big investor in Tesla, has a sizable exposure to small caps, especially those with a growth tilt. The Baron Growth…
Check out the companies making headlines in midday trading: Tesla — The electric vehicle stock gained nearly 7%, continuing to rally on the heels of Donald Trump winning a second presidential term. The Elon Musk-helmed company saw its market capitalization rise to $1 trillion on Friday. Shares have gained more than 26% this week. Trump…
Check out the companies making headlines in extended trading: Rivian — The electric vehicle maker added nearly 2% despite missing on both top and bottom lines in the third quarter. Rivian posted an adjusted loss of 99 cents per share on $874 million in revenue. Analysts polled by LSEG had forecast a loss of 92…
There’s still plenty of buying opportunities left before companies report their latest earnings, according to Bank of America. The Wall Street investment bank sees a host of companies whose stocks have room to appreciate. CNBC Pro combed through Bank of America research to find buy-rated stocks that the bank argues are a must own heading…
After all of these years, after all of the rather incredible rallies and gains in the stock market from so many groups, the typical morning still starts with a bevy of negativity. That gloom lasts until near the close, where the market seems to say, “Oh well, maybe things aren’t that bad, at least for…
10 things to watch Thursday, Sept. 26 — Today’s newsletter was written by the Investing Club’s director of portfolio analysis, Jeff Marks. 1. Wall Street is looking at a higher open Thursday, led by surging tech stocks after memory chipmaker Micron delivered a better-than-expected quarter and upside guide. Micron shares jumped 18%. China stocks rallied…