Federal National Mortgage Association (FNMA) shares are soaring on Mar 30 after billionaire Bill Ackman dubbed the housing-finance giant “stupidly cheap” in a social media post. This high-profile endorsement triggered a huge wave of buying pressure, causing Fannie Mae and its sibling, Freddie Mac, to jump more than 30% on Monday morning. Ackman’s stamp of… Continue reading Bill Ackman’s post sends FNMA stock soaring
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Oracle stock is down 60% in 7 months, but analysts see 127% upside ahead
Shares of Oracle have come under sustained pressure in recent months as investors worry about heavy spending on artificial intelligence infrastructure. However, analysts at Bernstein argue that the company’s strategy is likely to deliver significant long-term gains. The stock has fallen nearly 60% from its all-time high in September last year, reflecting concerns that aggressive… Continue reading Oracle stock is down 60% in 7 months, but analysts see 127% upside ahead
CrowdStrike jumps as analyst flags 20% upside amid AI fears
Shares of CrowdStrike Holdings Inc. moved higher on Monday, supported by a fresh analyst upgrade and renewed optimism around cybersecurity spending as artificial intelligence threats intensify. The stock rose 4.6% after Wolfe Research upgraded the company to “outperform” from “peer perform,” setting a $450 price target that implies about 21.8% upside from its last closing… Continue reading CrowdStrike jumps as analyst flags 20% upside amid AI fears
Seagate stock is crashing 7% today: why JP Morgan is bullish
As shares of Seagate Technology struggle at the bourses, JPMorgan sees the pullback as a buying opportunity, citing strong demand trends and improving fundamentals in the data storage market. The stock fell about 7% during the session, cooling off from recent highs after having more than quadrupled over the past 12 months. The stock is… Continue reading Seagate stock is crashing 7% today: why JP Morgan is bullish
Southwest stock trails top peers as a key strategic change backfires
Southwest Airlines stock price has plunged harder than its American peers during the ongoing Iran war as a key strategy decision made last year backfired. LUV has dropped by 25.3% in the last 30 days, while Delta, United Airlines, and American Airlines have slumped by 2%, 17%, and 21%, respectively. LUV stock vs United Airlines,… Continue reading Southwest stock trails top peers as a key strategic change backfires
Jubilant FoodWorks to exit Dunkin’ India pact
Jubilant FoodWorks said it will not renew its agreement with Dunkin’ to develop and operate the US brand’s stores in India when the current pact ends on December 31, 2026. The company said it will evaluate options for the existing stores, including a sale or transfer of franchise rights in consultation with Dunkin’. Jubilant said… Continue reading Jubilant FoodWorks to exit Dunkin’ India pact
Top stocks dragging the Dow Jones Index as it moves into a correction
The Dow Jones Index has moved into a correction after falling by over 10% from its highest point this year and is now hovering at its lowest level since September last year. Salesforce is the worst-performing Dow Jones Index stock this year Salesforce stock price has crashed by 32% this year, making it one of… Continue reading Top stocks dragging the Dow Jones Index as it moves into a correction
Nvidia stock continues to slip, but some bullish signs emerge
Nvidia shares were volatile on Monday, even as reports suggested continued spending from artificial intelligence-focused customers. The stock was down 0.5% to $166.09 in early trading. The AI darling is down around 10% for the year. The moves come amid fresh announcements from key players investing heavily in AI infrastructure, reinforcing demand for Nvidia’s chips… Continue reading Nvidia stock continues to slip, but some bullish signs emerge
Saudi reroutes oil as Hormuz shuts, prices surge on war fears
Saudi Arabia lifted crude exports from Yanbu to around 4.6 million barrels per day (bpd) last week, approaching the port’s 5 million bpd limit, as shipments were rerouted away from the Strait of Hormuz amid the US-Israeli war with Iran, according to data from Kpler and LSEG cited by Reuters. Saudi Aramco, the world’s largest… Continue reading Saudi reroutes oil as Hormuz shuts, prices surge on war fears