Citi’s stocks to play the biggest themes of our time like automation and AI

As markets remain saddled with short-term turmoil and recession fears, one top strategist recommends investors start seeking out stocks with long-term structural growth stories. Citi’s Scott Chronert believes stocks that play into the biggest trends of our time, such as artificial intelligence and automation, could start outperforming from here. “Why are we considering themes now? … Read more

Lucid, Booking Holdings, MGM, eBay and more

A worker assembles the Lucid Air prototype electric vehicle, manufactured by Lucid Motors Inc., at the company’s headquarters in Newark, California, on Monday, Aug. 3, 2020. David Paul Morris | Bloomberg | Getty Images Check out the companies making headlines in extended trading. Lucid Group — Shares of the EV maker tumbled about 12% after … Read more

These stocks have led the rally and Wall Street sees them higher still

The market had a tough run during the first half of 2022 as stocks hit sell-off mode in the face of rising inflation and higher interest rates. But stocks have rallied in recent weeks from their June 16 lows, with all the major averages on Friday finishing out their best month since 2020. In July, … Read more

Fifth Wall closes $500 million climate fund to decarbonize real estate

Fifth Wall, a venture capital firm focused on real estate technology, is tripling down on its bet that climate tech will become an integral driver in the real estate space. It just announced commitments of half a billion dollars to close its inaugural Climate Fund, which launched with $ 116 million in August of last … Read more

Casino industry urges federal prosecutors to crack down on illegal operators

American casinos, gaming companies and lawmakers are calling on federal prosecutors to crack down on illegal offshore gambling sites that they say are evading consumer protection regulations. The push comes as sports gambling has quickly expanded in the US in recent years, with more than 30 states and Washington, DC, allowing it. “What maybe at … Read more

Kohl’s, Micron, Apple and more

Check out the companies making headlines before the bell: Kohl’s (KSS) – Kohl’s tumbled 17.9% in premarket trading after the retailer confirmed an earlier CNBC report that it ended talks to be bought by Vitamin Shoppe parent Franchise Group (FRG). Kohl’s said the deteriorating retail and financial environment presented significant obstacles to concluding a deal. … Read more

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

Casino stocks take a hit as inflation rocks economy

Shares of casino companies have plummeted even as inflation has soared at rates not seen in four decades and fears of a recession rattle consumers and investors alike. Caesars Entertainment stock has plummeted 50% so far this quarter. Bally’s has dropped 40% over the same time period, and Penn National Gaming and MGM Resorts shares … Read more

Chegg, Expedia, BP and more

James Tahaney loads textbooks on to a pallet in preparation for shipping at the Chegg warehouse in Shepherdsville, Kentucky, April 29, 2010. John Sommers II | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Paramount Global – Shares fell 1.7% after entertainment giant reported first-quarter revenue below expectations. The media … Read more

Here are Tuesday's biggest analyst calls of the day: Nvidia, Netflix, Apple, MGM, Tyson Foods & more

Here are the biggest calls on Wall Street on