The investment bank downgraded the automotive manufacturing name to neutral from overweight.
Category: Uncategorized
Thursday’s big stock stories: What’s likely to move the market in the next trading session
Rising oil prices and heightened tensions in the Middle East dragged the Dow lower on Wednesday. Tune in to CNBC Thursday at 10 a.m. to see OpenAI’s Sam Altman.
SpaceX is racing toward orbital data centers. Here are ways to play this emerging technology
SpaceX’s push toward orbital data centers opens new avenues for AI infrastructure. Wall Street is already mapping the stocks that could benefit.
Michael Burry bets on sportsbooks DraftKings and Flutter, sees prediction markets curbed by regulation
The investor believes regulators will eventually crack down on prediction markets after competition from the upstarts pressured the stocks of sportsbooks.
Where this top bond manager is investing for income in the second half
As the bond landscape shifts, Franklin Templeton Fixed Income chief investment officer Sonal Desai is finding ample opportunities for income.
A turnaround is unfolding for this beat-up shipping stock, charts show
The year has been rocky so far for UPS, but several chart patterns suggest a rebound could be underway.
‘Magnificent Seven’ stocks are the cheapest in a decade, by one measure
The megacaps have had a rough year, but they’re starting to look like bargains at these levels, one firm said.
Iran conflict flare-up awakens bears in airline stocks, but there’s one big catch
The U.S. Global Jets ETF is down 4% Wednesday, extending a two-day decline after challenging all-time highs last week.
Rivian tailspin hasn’t shaken one trader’s resolve
Mike Khouw revisits his Rivian trade after the stock tanks on a share offering.
A crowded tech trade is starting to unwind. Charts suggest two stocks to play the move
The most one-sided trade in tech — long chips, short software — is likely starting to unwind. These two software stocks might be worth buying, Todd Gordon says.