Cliff Asness says value stocks are still crazy cheap versus growth

Cliff Asness, co-founder of AQR Capital Management, believes value stocks are still a lot more attractive than their growth counterparts, even after a big market correction. “We’re sticking with it [value] because we always like some value in the portfolio. And we do like more when it looks very, very cheap, “Asness said on CNBC’s” … Read more

Apple, Palantir, Exxon, Schwab, Micron

Here are Tuesday’s biggest calls on Wall Street: Morgan Stanley downgrades Adobe to equal weight from overweight Morgan Stanley said it sees slowing earnings per share growth for Adobe. “Beyond Seasonality – Expecting Structurally Slower EPS Growth Ahead; Downgrade to Equal-weight.” UBS downgrades Boston Beer, Keurig Dr. Pepper and Molson Coors to neutral from buy … Read more

Performance during supply chain disruptions

Virgin Orbit’s modified 747 jet “Cosmic Girl” releases the company’s LauncherOne rocket for a mission on January 13, 2022. Virgin Orbit Space companies reported results for the first quarter of the year over the past several weeks – with many CEOs complaining of supply chain disruptions pushing back hardware deliveries and launch schedules. “Everyone’s getting … Read more

Palantir, Rivian, Uber and more

Peter Thiel, co-founder and chairman of Palantir Technologies Inc., pauses during a news conference in Tokyo, Japan, on Monday, Nov. 18, 2019. Kiyoshi Ota | Bloomberg | Getty Images Check out the companies making headlines in midday trading Monday. Palantir – Shares of the software company dropped more than 18% after Palantir’s first-quarter earnings came … Read more

Here are Monday's biggest analyst calls of the day: Tesla, Dish, FedEx, Match, Rivian, WeWork & more

Here are the biggest calls on Wall Street on

Richard Branson hopes to fly with Elon Musk’s SpaceX

Billionaire entrepreneur Richard Branson prepares to spray champagne after flying with a crew in Virgin Galactic’s passenger rocket plane VSS Unity to the edge of space at Spaceport America near Truth or Consequences, New Mexico, US, July 11, 2021. Joe Skipper | Reuters COLORADO SPRINGS, Colorado – Sir Richard Branson, less than a year after … Read more

Spacecraft manufacturer Terran Orbital LLAP begins trading on the NYSE

Spacecraft manufacturer Terran Orbital began trading on the New York Stock Exchange on Monday after closing its SPAC merger, going public with over $ 200 million in outstanding orders. Terran trades under the ticker LLAP – a reference to the Star Trek saying “live long and prosper” – with shares previously listed under the special … Read more

Lowe’s, Virgin Galactic and more

A Lowe’s hardware store in Philadelphia. Mark Makela | Reuters Here are the stocks making the biggest moves midday: Lowe’s – Shares of the home improvement retailer added 3.5% after the company reported quarterly results that beat top- and bottom-line estimates. Lowe’s also issued upbeat full-year guidance, citing continued demand for tools and building materials. … Read more