“GameStop has consistently capitalized on the existence of ‘greater fools’ willing to pay more than twice its asset value for its shares,” an analyst said.
Vance joins Trump in bashing Powell, says Fed committing ‘monetary malpractice’ by not cutting rates
President Donald Trump and Vice President JD Vance are now double-teaming the Fed in an effort to get lower interest rates.
Jefferies upgrades First Solar as ‘only game in town’ due to looming import restrictions
The Senate appears likely to pass legislation that would phase out tax credits for companies that receive materials from some foreign suppliers.
Here are Wednesday’s biggest analyst calls: Nvidia, Microsoft, Tesla, Coinbase, UnitedHealth, First Solar & more
Here are Wednesday’s biggest calls on Wall Street.
Buy this crypto exchange with roughly 70% upside, William Blair says
The firm initiated shares of the cryptocurrency exchange with an outperform rating.
Bernstein raises Disney price target after media giant takes control of Hulu
Bernstein’s price target of $125 per share implies that Disney could rise 5% from its current levels.
This ride-sharing giant is a buy and can surge more than 25%, Stifel says
The investment bank initiated shares of the ride-hailing platform with a buy rating.
Wednesday’s big stock stories: What’s likely to move the market in the next trading session
The S&P 500 rose for a third straight session on Tuesday, and it’s now less than 2% off its February high. Here’s what’s on CNBC’s radar going into Wednesday.
How to play Disney’s Hulu deal, according to Creekmur Wealth Advisors’ investment chief
John Creekmur, chief investment officer at Creekmur Wealth Advisors, joined CNBC’s ‘Power Lunch’ to review his takes on three stocks.
Uncertainty looms as 2025 nears the halfway mark. How to make sure your portfolio is prepared
The midpoint of the year is a great time to review your asset allocation, rebalance any lopsided positions and think about your risk appetite.