Spencer Platt/Getty Images This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log in. Stocks fell as a pair of warnings from Nvidia and the Federal Reserve hit investor confidence. Nvidia’s forecast of a $5.5 billion earnings hit and export restrictions led to tech-sector declines….
Barclays slashed its S&P 500 target to the lowest among the major banks, predicting that the index will end the year at 5,900. Before Wednesday, the firm held a 6,600 target but cut its outlook amid deteriorating economic data and tariff disruptions, which have paralyzed markets so far this year. RBC and Goldman Sachs have…
Things could be turning around for the mega-cap Magnificent Seven stocks, and a reversal of their recent downtrend bodes well for US stocks as a whole. The group of high-flying tech names — Meta, Microsoft, Nvidia, Apple, Alphabet, Amazon, and Tesla — has had a brutal start to the year, with Meta the only member…
Albert Edwards warns declining analyst optimism for US tech stocks could mean trouble. Historically, souring analyst optimism has led to poor stock-market performance. Tech-stock capitalization now exceeds dot-com bubble levels, leaving the market vulnerable, he said. Societe Generale strategist Albert Edwards has long been skeptical that AI stocks in the US could live up to…
Morgan Stanley’s CIO said bond yields had surpassed levels that support high stock valuations. Investors should focus on a select few sectors in the market, Mike Wilson says. The bank said it favored key sectors with strong earnings, like financials and media. The bond market is sending investors a clear signal about where to invest…
DeepSeek’s AI model integration into Weixin boosted Tencent’s stock on Monday. Gaming giant Tencent’s gains came after outsized gains in Alibaba and Baidu shares last week. Chinese tech stocks have rallied hard recently on the back of the hype in DeepSeek’s cost-effective AI model. Chinese artificial intelligence startup DeepSeek keeps setting the country’s tech stocks…
S&P 500 firms could see an 8% hit to earnings if Mexico and Canada retaliate on tariffs, BofA says. Wall Street expects an EPS drawdown to dent the S&P 500’s rally. US earnings are otherwise set for strength amid upbeat corporate sentiment. A tit-for-tat trade war between the US and its neighbors could spell real…
Bill Smead warns a stock market bubble is set to unwind. Rising 10-year Treasury yields will eventually put pressure on growth stocks, Smead argues. Smead’s view contrasts with Wall Street’s optimistic S&P 500 predictions for 2025. The ongoing optimism around the mega-cap AI stocks driving the S&P 500 doesn’t make sense to Bill Smead. The…
Oracle’s stock fell nearly 8% after missing earnings estimates and issuing weaker guidance. Oracle’s cloud services, driven by AI demand, grew 12% in the last quarter, making up 77% of revenue. Oracle’s stock surged 80% this year, boosting its market value to over $500 billion. Oracle fell nearly 8% in extended trading after it reported…
According to Doug Peta of BCA Research, stocks will see a sharp correction in the first half of 2025. He points to risks from slowing consumer momentum, labor market softening, and high valuations. He recommends rotating out of stocks and into defensive plays, and buying the dip after a 30% or greater fall. Stocks are…