My top 10 things to watch Monday, Nov. 10 1. The S & P 500 was tracking for a higher open this morning after Senate lawmakers took a major step toward a deal to end the U.S. government shutdown. The potential agreement would reopen the government into January and rescind some of the sweeping federal…
Check out the companies making the biggest moves in premarket trading: Uber Technologies — The ride-sharing company fell 5% after saying fourth quarter adjusted EBITDA will range between $2.41 billion and $2.51 billion versus $2.47 billion expected by analysts polled by FactSet. Third-quarter revenue beat Wall Street’s expectations, at $13.47 billion versus the $13.28 billion…
Check out the companies making headlines before the stock market’s opening bell. Beyond Meat — The plant-based meat alternative company surged 90%, continuing its meme-fueled craze . The stock soared more than 140% on Tuesday, its largest ever one-day gain, after Beyond Meat signed a deal with Walmart to expand distribution. Earlier in the week,…
CNBC’s Jim Cramer on Friday explained why he thinks there could be an opportunity to buy DraftKings following the stock’s recent losses, saying competition from online prediction markets isn’t a major threat to business. “I’m not backing away from this stock. I think the prediction market fears are overblown here, so if you don’t already…
My top 10 things to watch Tuesday, Sept. 9 1. Apple is expected to announce the skinniest version of the iPhone ever as part of its refreshed iPhone 17 lineup today at its fall hardware event, starting at 1 p.m. ET. This could be the kind of product that convinces some people to ditch their…
(Check out Carter’s worthcharting.com for actionable recommendations and live nightly videos.) On-line sports betting company DraftKings (DKNG) has yet to recoup its losses associated with the stock market’s tariff-related sell-off. DKNG peaked in mid February (same as the S & P 500 Index) and then sold off hard, until ricocheting in early April (same as…
Here are the biggest calls on Wall Street on Tuesday: Goldman Sachs upgrades Hasbro to buy from neutral Goldman says it sees upside to consensus for the toy company. “We upgrade shares of Hasbro (HAS) to Buy (from Neutral) and increase our Price Target to $85 ($66 prior), representing 21% total potential return.” Read more…