(This is CNBC Pro’s live coverage of Tuesday’s analyst calls and Wall Street chatter. Please refresh every 20-30 minutes to view the latest posts.) A solar energy company and a video game maker were highlighted by analysts Tuesday. KeyBanc downgraded Sunnova to sector weight from overweight. Meanwhile, JPMorgan upgraded Roblox to overweight from neutral, and […]
Fool.com contributor Parkev Tatevosian discusses the latest developments that brought down Meta Platforms (NASDAQ: META) and Apple (NASDAQ: AAPL) stock. *Stock prices used were the afternoon prices of April 20, 2024. The video was published on April 22, 2024. [embedded content] Should you invest $1,000 in Apple right now? Before you buy stock in Apple, […]
Surveillance cameras are mounted above the German and Chinese flags in front of Tongji University. Scholz is on a three-day trip to China. Michael Kappeler/dpa | Picture Alliance | Getty Images Germany has arrested a national on charges of spying for the Chinese secret service and leaking information from the European Parliament, Germany’s federal prosecutor’s […]
Although last week was a solid reminder that stocks don’t move up in a straight line, Wall Street is still enjoying another banner year. Within the last month, the iconic Dow Jones Industrial Average, benchmark S&P 500, and growth stock-fueled Nasdaq Composite all romped to fresh, record-closing highs. But while investors have gravitated to the […]
Over the past three decades, Wall Street has never been at a loss for next-big-thing investment trends or innovations that could change the growth trajectory for the U.S. and global economy. Seemingly nothing has rivaled the advent of the internet, in terms of game-changing growth potential, until the artificial intelligence (AI) revolution came along. In […]
NextEra Energy Partners (NYSE: NEP) has gotten the wind knocked out of its sails in recent years. The renewable energy stock has crashed nearly 70% from its peak in early 2022, pushing its dividend yield up to around 13%. A big factor driving the decline has been rising interest rates. I’ve been steadily adding to […]
Investors are flocking to artificial intelligence (AI) stocks these days because of the technology’s potential to make companies more efficient and even transform certain industries. The idea is to identify tomorrow’s winners today so that you can get in early and benefit from the growth to come. The AI market is expected to top $1 […]
The U.S. economy expanded 2.5% last year, an acceleration from 1.9% in 2022 and above the 10-year average of 2.3%. That economic momentum sent the benchmark S&P 500 (SNPINDEX: ^GSPC) soaring 24% in 2023, its third-best annual performance of the past decade. Not many people saw that coming. After inflation hit a four-decade high in […]
Fool.com contributor Parkev Tatevosian discusses the latest developments with Tesla‘s (NASDAQ: TSLA) Cybertruck and what it could mean for investors. *Stock prices used were the afternoon prices of April 20, 2024. The video was published on April 22, 2024. [embedded content] Where to invest $1,000 right now When our analyst team has a stock tip, […]
Stocks rebounded from their recent slump on Monday, but some bearish Wall Street strategists still see concerns that aren’t going away anytime soon for investors. With expectations that the Federal Reserve will cut interest rates fading, signs of inflation remaining sticky, and stocks still trading at higher-than-average valuations, many believe the market is in a […]
New technologies are exciting, but investors chasing the next big trend can get burned. Artificial intelligence (AI) might be the hottest thing on Wall Street in some time. Hype over its potential has played a significant role in driving the stock prices of many companies connected to the industry higher since last year — among […]
Signage for Novartis AG at a building in the company’s headquarters campus in Basel, Switzerland, on Monday, Jan. 8, 2023. Bloomberg | Bloomberg | Getty Images Shares of Swiss drugmaker Novartis climbed 4.8% in early deals on Tuesday, after the company raised its full-year guidance following better-than-expected first-quarter results. The company said 2024 net sales […]
