Why driving big rig trucks is a job fewer Americans dream about doing

A Walmart truck departs the company’s distribution center in Washington, Utah. Bloomberg | Bloomberg | Getty Images In April, Walmart made headlines by announcing that it will pay its private fleet truck drivers as much as $110,000 in their first year with the big-box retailer, up from an average starting salary of $87,000. Yellow Corp., … Read more

Amazon, FedEx, Snowflake, Tesla, Micron

Here are Tuesday’s biggest calls on Wall Street: Goldman Sachs downgrades Boston Beer to sell from neutral Goldman said in its downgrade of the beer and beverage company that the outlook for hard seltzer is “deteriorating.” The firm also upgraded Molson Coors to neutral from sell and said it sees a better risk / reward. … Read more

FedEx adds two directors to board in agreement with D.E. Shaw

A FedEx Corp. courier prepares packages for delivery during Cyber ​​Monday in the Diamond District neighborhood of New York, US, on Monday, Nov. 29, 2021. Angus Mordant | Bloomberg | Getty Images US parcel delivery firm FedEx on Tuesday added two directors to its board as part of an agreement with hedge fund DE Shaw … Read more

Morgan Stanley says buy the dip on these 5 global stocks

Global markets have been slammed by a slew of macro headwinds, but Morgan Stanley sees opportunities for investors to pile into “fallen angels” – stocks which the bank thinks have sold off materially and now look attractive. With the MSCI Europe down nearly 14% this year, Morgan Stanley believes European stocks have been oversold, with … Read more

Winners of inflation investment cycle

Goldman Sachs says we’re entering a new, “postmodern” investment cycle. Here’s what the bank thinks is in store – and the stocks investors should own to cash in. The emerging cycle – post the Covid pandemic – is likely to be driven by different economic conditions and priorities, leading to new investment opportunities, the bank … Read more

Ford, UPS, Tesla and more

Here are Friday’s biggest calls on Wall Street: JPMorgan downgrades UPS to neutral from overweight JPMorgan said UPS shares could be on hold without a major catalyst to drive growth. “Pressure continues mounting on the US consumer and e-comm growth decelerates. … UPS is operating very well in a dynamic environment but we expect further … Read more

JPMorgan downgrades UPS, citing slowing e-commerce growth

UPS shares could be on hold without a major catalyst to drive growth, according to JPMorgan. “Pressure continues mounting on US consumer and e-comm growth decelerates,” JPMorgan’s Brian Ossenbeck said in a note Friday. “UPS is operating very well in a dynamic environment but we expect further improvements will be gradual and do not see … Read more

Goldman Sachs says buy these high dividend growth and yield names to fight inflation

Companies looking to return cash to shareholders this year through dividends and share buybacks could be good opportunities for investors, Goldman says.

General Electric, Warner Bros. Discovery and more

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