Recession fears compounded last week, following actions from the Federal Reserve and other central banks to tame inflation, along with the release of downbeat US economic data. Those concerns pushed the S&P 500 into bear market territory, closing Friday’s session down 23.7% from its January record. The Dow Jones Industrial Average closed out the week … Read more
A Tesla dealership is seen in West Drayton, just outside London, Britain, February 7, 2018. Hannah McKay | Reuters Check out the companies making headlines in midday trading. Tesla – Shares rose about 2.2% after UBS upgraded the electric vehicle stock to buy from neutral. The firm said Tesla’s pullback this year offers an “attractive … Read more
CNBC’s Jim Cramer said Friday that any signs of consumer negativity next week will be a welcome sign for the Federal Reserve in its fight against inflation. “I know it’s a total drag to hope for negativity, but that’s what we need right now” to bring inflation down, he said. “I bet we’ll find that … Read more
Here are the biggest calls on Wall Street on
Vlad Tenev, CEO and co-founder Robinhood Markets, Inc., is displayed on a screen during his company’s IPO at the Nasdaq Market site in Times Square in New York City, US, July 29, 2021. Brendan McDermid | Reuters Check out the companies making headlines in midday trading. Robinhood – Shares of the stock-trading app fell about … Read more
Check out the companies making headlines before the bell: BioNTech (BNTX) – The drug maker’s shares jumped 5.9% in the premarket after reporting significantly better-than-expected revenue and profit for the fourth quarter. BioNTech also reiterated its prior vaccine revenue guidance for 2022. Five Below (FIVE) – The discount retailer’s stock slid 3.4% in premarket trading … Read more
Here are the biggest calls on Wall Street on
Five Below’s upcoming guidance could be a needed boost for the stock, according to Deutsche Bank.
Here are the biggest calls on Wall Street on
Here are the biggest calls on Wall Street on