Oversold global stocks that analysts think are ripe for a rebound

Market watchers have been reluctant to call the bottom on the sell-off in global stocks this year, but some assets are now looking oversold – and could be ripe for a bounce. The stock market has tumbled into a bear market in the first half of this year amid fears that an overly aggressive rate … Read more

Elon Musk’s Twitter deal threats put new financing on ice, sources say

Elon Musk’s Tweet displayed on a screen and Twitter logo displayed on a phone screen are seen in this illustration photo taken in Krakow, Poland on April 14, 2022. Jakub Porzycki | Nurphoto | Getty Images Elon Musk’s efforts to arrange new financing that will limit his cash contribution to his $ 44 billion acquisition … Read more

How Carvana went from a Wall Street top pick to meme stock trading

Ernie Garcia, CEO, Carvana Scott Mlyn | CNBC Carvana CEO Ernie Garcia III regularly tells Wall Street that “the march continues” in the company’s mission to become the largest and most profitable used car retailer in the world. Its stock price has marched this year as well, just in the wrong direction for investors. Within … Read more

Twitter, Johnson & Johnson, WeWork and more

Vials labeled “COVID-19 Coronavirus Vaccine” and syringe are seen in front of displayed Johnson & Johnson logo in this illustration taken, February 9, 2021. Dado Ruvic | Reuters Check out the companies making headlines in midday trading Tuesday. Johnson & Johnson – Shares of the pharmaceutical and consumer giant gained 3% after the company beat … Read more

5 things to know before the stock market opens Tuesday, April 19

Here are the most important news, trends and analysis that investors need to start their trading day: 1. Futures steady with earnings, rising bond yields in focus Traders work on the floor of the New York Stock Exchange during morning trading on April 12, 2022 in New York City. Michael M. Santiago | Getty Images … Read more

Apollo Global Management willing to finance a Twitter buyout: sources

Private equity firm Apollo Global Management has held discussions about financing a potential takeover for Twitter, according to sources familiar with the matter. But Apollo is not interested in being part of a private equity consortium that would acquire the social media company, said the people, who asked not to be named because the discussions … Read more

Apollo considers merging Yahoo Sports with betting companies, sources say

James Maloney of the Panthers looks on during the round 6 NRL rugby league match between the Sharks and the Panthers at PointsBet Stadium on April 18, 2019 in Sydney, Australia. Jason McCawley | Getty Images Apollo Global Management, the private equity firm that acquired Yahoo from Verizon for $ 5 billion last year, is … Read more

Lowe’s, Tenneco, Tupperware and others

Check out the companies making headlines before the bell: Lowe’s (LOW) – Lowe’s shares added 1.6% in the premarket after the home improvement retailer beat top and bottom-line estimates for the fourth quarter. Lowe’s earned $ 1.78 per share, 7 cents above estimates, and issued upbeat full-year guidance as demand for tools and building materials … Read more

Home Depot, Macy’s, Medtronic and others

Check out the companies making headlines before the bell: Home Depot (HD) – The home improvement retailer’s stock rose 1% in the premarket after its quarterly profit and revenue beat Wall Street forecasts. Home Depot earned $ 3.21 per share, 3 cents above estimates, and comparable-store sales also beat estimates. Home Depot also announced a … Read more