[ad_1] Check out the companies making headlines before the bell: Tesla (TSLA) – SEC filings show CEO Elon Musk sold nearly $4 billion in Tesla shares in the days following his purchase of Twitter. Tesla shares added 1.5% in the premarket. Meta Platforms (META) – The Facebook parent’s shares rallied …
Read More »5 things to know before the stock market opens Wednesday, November 9
[ad_1] Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., November 7, 2022. Brendan Mcdermid | Reuters Here are the most important news items that investors need to start their trading day: 1. Markets and gridlock U.S. stock markets were on a …
Read More »Semiconductor stocks guide to understanding chip companies
[ad_1] The semiconductor, or chip, industry is perhaps one of the most important and complex sectors in the stock market to understand. Chips are in everything from our smartphones to cars and to all facets of computing, from PCs to massive data centers used for the cloud. Put simply, they …
Read More »‘Hold your nose and sell’ to brace for a possible market downturn, Jim Cramer says
[ad_1] CNBC’s Jim Cramer on Monday warned investors that they should trim some of their positions to prepare for a possible market decline. “According to the S&P oscillator I’ve followed for ages, we’re very overbought right now,” he said. “You have to hold your nose and sell something because we’re …
Read More »Wynn Resorts, TuSimple, Newell Brands, First Solar and more
[ad_1] This photograph taken on October 20, 2022 shows the signage of Wynn Casino resort with the Grand Lisboa and Casino Lisboa in the backdrop in Macau. Eduardo Leal | AFP | Getty Images Check out the companies making headlines in midday trading. Wynn Resorts — Shares of the casino …
Read More »5 things to know before the stock market opens Monday, October 31
[ad_1] Trader on the floor of the NYSE, Oct. 28, 2022. Source: NYSE Here are the most important news items that investors need to start their trading day: 1. Green October U.S. equities markets are primed to wrap up a stellar month as October concludes. The Dow, in fact, could …
Read More »Here’s a roundup of 8 price target changes we made in Club stocks
[ad_1] This earnings season has been a tough one for our big technology stocks — and as a result, we’ve lowered several of our price targets based on the companies’ latest quarterly reports, forward guidance and commentary. The current rising interest rate environment and the strong U.S. dollar — another …
Read More »Jim Cramer names 5 recession-resistant industries as market leaders
[ad_1] CNBC’s Jim Cramer on Thursday told investors that a new group of market leaders is emerging amid tech stocks’ downfall. “The market’s finally in Fed-mandated slowdown mode, where what works are the recession-resistant stocks of profitable companies that tend to be pretty generous with their shareholders,” he said. Here …
Read More »Meta Platforms, Teladoc, Credit Suisse
[ad_1] Check out the companies making headlines in midday trading Thursday. Meta Platforms — The Facebook parent slumped 22.4% after issuing weak guidance for the current quarter and missing earnings estimates for the third quarter. Meta Platforms also shared its second consecutive quarterly revenue, with its Reality Labs unit losing …
Read More »Morgan Stanley downgrades Meta after earnings miss, cites higher spending
[ad_1] Meta’s latest quarterly earnings results should give investors pause, according to Morgan Stanley. Analyst Brian Nowak downgraded shares of Meta to equal weight from overweight and roughly halved his price target on the social media stock, citing higher capital expenditures and lower free cash flow from the company. “We …
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