[ad_1] Wall Street analysts were divided on electric vehicle maker Tesla after it posted its latest production and delivery numbers. Shares of Tesla were down 4.3% in Monday premarket trading after the company posted third-quarter vehicle production and delivery figures for 2022 that missed on deliveries expectations. Tesla reported deliveries …
Read More »JPMorgan says Credit Suisse capital ‘healthy’ while others have doubts
[ad_1] The fast-moving situation at embattled bank Credit Suisse has divided Wall Street’s analyst community. Based on the company’s financials at the end of the second quarter, both its capital levels and liquidity position look “healthy,” according to JPMorgan Chase European banking analyst Kian Abouhossein. The bank’s common equity Tier …
Read More »Stocks week ahead: Wages are the most important number to watch in the jobs report
[ad_1] A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. New York CNN Business — Investors, economists and members of the Federal Reserve will be poring over the September jobs report on Friday morning for clues about …
Read More »Charts suggest it’s ‘way too early’ for the market to rebound
[ad_1] CNBC’s Jim Cramer on Friday warned investors that the stock market is unlikely to recover anytime soon. “The charts, as interpreted by Mark Sebastian … suggest that this market’s got more downside, and it’s way too early to go really bullish,” he said. “Unlike him, I also believe we …
Read More »nLight is not a buy
[ad_1] UiPath Inc: “It’s losing money, and I don’t recommend companies that are losing money.” New Mountain Finance Corp: “We don’t know what they’re invested in, and as far as I’m concerned, therefore it’s too dangerous.” Jim Cramer’s Guide to Investing Click here to download Jim Cramer’s Guide to Investing at no …
Read More »3 events will set the market’s tone for October
[ad_1] CNBC’s Jim Cramer on Friday said that three key events next week will determine if the nightmarish month for the stock market will continue into October. Here are the events: related investing news 3 takeaways from our daily meeting: Still oversold, picking at chip stocks, Club names in the …
Read More »Carnival shares fall on ballooning costs, dragging cruise stocks lower
[ad_1] The brand new Carnival Cruise Line ship Mardi Gras, docked at Port Canaveral, Florida, on July 30, 2021. Joe Burbank | Orlando Sentinel | Tribune News Service | Getty Images Shares of Carnival fell below their pandemic lows Friday after the cruising company posted third-quarter earnings that revealed higher …
Read More »Stocks making the biggest moves midday: Nike, Rent-A-Center, Carnival Cruise
[ad_1] People walk near the entrance to Nike store, May 25, 2022 in Moscow, Russia. Konstantin Zavrazhin | Getty Images News | Getty Images Check out the companies making headlines in midday trading. Nike — Nike shares dropped 12% after the sneaker giant said Thursday its inventory was overstocked, up …
Read More »Nike, Micron, Amylyx and others
[ad_1] Check out the companies making headlines before the bell: Nike (NKE) – Nike slumped 10% in the premarket after it reported a 44% increase in inventories for its latest quarter, and said it would offer more discounts heading into the holiday season. The athletic footwear and apparel maker reported …
Read More »Why some analysts think investors should buy Nike after its latest earnings report
[ad_1] Nike shares are trading at an attractive entry point even as the sportswear giant faces a slew of macro headwinds and extra inventory, some Wall Street analysts say. Nike on Thursday shared results after the bell that beat top and bottom line estimates , but the stock slumped more …
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