The US Supreme Court is in the spotlight following its decision to overturn Roe v. Wade and to allow the concealed carrying of a firearm in New York. Those rulings are happening at a time when more experts are calling for reforms to the nation’s highest court. “The Supreme Court is in drastic need of … Read more
It’s time for investors to snap up defensive dividend stocks as a recession could hit later this year, according to Wolfe Research. Wolfe analysts said in a note Monday that believe a recession could turn up as early as the fourth quarter, though they maintained that their base case is for a downturn in 2023. … Read more
Target is unlikely to be the only company with a bullseye on it during the upcoming earnings season. The retailer Tuesday warned for the second time in less than a month that its profits would take a hit from an inventory glut. The new guidance comes just days after Microsoft, in another high profile warning, … Read more
Employees working on the production line of carbon fiber badminton rackets at a factory in Sihong County, Suqian City, Jiangsu Province of China. China reported Saturday that factory activity in April contracted at a steeper pace as Covid-19 lockdowns halted industrial production and disrupted supply chains. Visual China Group | Getty Images China’s factory activity … Read more
Here are the biggest calls on Wall Street on
A General Electric (GE) sign was seen at the second China International Import Expo (CIIE) in Shanghai, China November 6, 2019. Aly Song | Reuters Check out the companies making headlines in midday trading. General Electric – Shares slid more than 11% despite the industrial company reporting top and bottom line beats for the first … Read more
Check out the companies making headlines in premarket trading. PepsiCo – Shares of the food and beverage giant dipped in the premarket although the company reported a beat on the top and bottom lines in the recent quarter as consumers paid more for some of the company’s key brands. General Electric – General Electric’s stock … Read more
Goldman Sachs strategists say companies that are reducing their global exposure or benefit from onshoring are outperforming so far this year.
With the threat of stagflation looming, Jefferies highlighted stocks with high dividend yields and strong cash flow that could outperform in this environment.
The chances of US stocks falling into a bear market – down at least 20% from a recent high – have risen sharply after Russia’s attack on Ukraine.