Morgan Stanley, BofA stock picks for how to play a U.S. recession

A growing number on Wall Street are talking up the risk of a recession, with Goldman Sachs, Deutsche Bank and more all pointing to a higher probability of a downturn. “Economic data points indicate a higher probability of recession,” Morgan Stanley analysts said in a June 29 note. “Since the beginning of the year, we … Read more

Solar stocks jump after report that Biden administration will suspend tariffs

SunPower equipment technicians install P-Series solar panel manufacturing technology at its manufacturing plant in Hillsboro, Oregon, November 7, 2018. Steve Dipaola | Reuters Solar energy stocks soared in premarket trading Monday following a report that the Biden administration will suspend tariffs on solar panels from four countries. President Joe Biden will declare a 24-month tariff … Read more

Spirit Airlines, Didi Global and more

Take a look at some of the biggest movers in the premarket: Spirit Airlines (SAVE) – Spirit jumped 6.1% in the premarket after JetBlue (JBLU) sweetened its bid for Spirit. JetBlue will increase its breakup fee for the deal to $ 350 million and pay part of that as a dividend if the deal is … Read more

Netflix, Snap, Tesla, Home Depot, GameStop

Here are Thursday’s biggest calls on Wall Street: Piper Sandler downgrades Pinterest and Snap to neutral from overweight Piper downgraded Pinterest and Snap due to slowing digital ad growth. “After a strong two-year stretch, digital ad spend looks to be normalizing. Group multiples have declined and are ~ 40% off recent highs, but history suggests … Read more

Here are Thursday's biggest analyst calls of the day: IBM, Delta, Twitter, UPS, Netflix, Nike & more

Here are the biggest calls on Wall Street on

Electric, hybrid vehicles will account for nearly 50% of cars on the road by 2040, Goldman predicts

Electric vehicles are expected to make up a larger share of cars on the road by the end of the decade, benefitting a host of companies across industries.

Comeback kids: These stocks recovered the most off their 2022 lows during wild first quarter

Big names like Tesla made the list. Reopening plays like airlines and cruise lines also had a roller-coaster quarter but ended up on top.

Wall Street banks love these energy stocks — and two are on Goldman's conviction buy list

Goldman Sachs and Bank of America have identified their top energy stocks to buy, two of which are on Goldman’s coveted conviction list.

Amazon, CrowdStrike, Micron and more

A worker sits on a wall dividing an informal settlement from the new Amazon fulfillment center, which is under construction at RMSG Alamar Industrial Park, in Tijuana, Mexico September 7, 2021. Jorge Duenes | Reuters Check out the companies making headlines in midday trading. Amazon – Amazon shares jumped more than 4% after the company … Read more