Here are the biggest calls on Wall Street on Tuesday.
Best Buy will outperform as more consumer products integrate AI, Truist says
Best Buy is likely to see more upside on several market trends, including the continued integration of AI into consumer technology, per Truist Securities.
Barclays says stay away from Gap shares. Here’s why
The bank downgraded the retail name to equal weight from overweight.
AI will drive even more gains for this circuit board builder as hyperscaler demand grows, says UBS
The investment bank upgraded the circuit board maker to buy from neutral.
Tuesday’s big stock stories: What’s likely to move the market in the next trading session
Uncertainty around Iran lifted oil prices, dragging down the major averages Monday. Tune in to CNBC to see Ravi Ahuja, CEO of Sony Pictures Entertainment.
Here’s how the market may react to July’s CPI report, according to JPMorgan
Stocks could be in for some notable swings on Wednesday after July’s consumer price index reading.
Looking for strong returns outside of AI? Buy these ‘non-tech compounders,’ says Trivector Research
Volatility in July reminded investors of the risks tied to increasingly crowded trades powered by the AI boom and a massive run in semiconductor shares.
Berkshire shares appear to be breaking out. Katie Stockton says it’s a timely buying opportunity
Shares of the conglomerate look like a timely opportunity as investors search for high quality names in volatile times.
Wednesday’s crucial CPI report will show tamer inflation, according to prediction markets
Monday’s odds on prediction market platform Kalshi show tamer inflation and little chance of exceeding economists’ consensus for July.
Three reasons Goldman’s co-head of global banking and markets says to stay invested
Goldman Sachs’ Ashok Varadhan pointed to three reasons for his constructive outlook.