Why Josh Brown sees Starbucks as ‘best stock in the market’

After years of underperformance that left investors questioning the “King of Coffee,” Josh Brown is officially ringing the bell for a Starbucks (NASDAQ: SBUX) comeback. The veteran trader and chief executive of Ritholtz Wealth Management argues that the coffee giant has transitioned from a “fallen angel” into one of the most compelling opportunities in the… Continue reading Why Josh Brown sees Starbucks as ‘best stock in the market’

US stocks close deep in red, Dow tumbles 739 points on war jitters

US stock markets closed firmly in the red on Thursday as the major indices fell to their lowest since November of last year. The investors remained on edge as the US-Iran war continued to weigh on the sentiment, and oil prices continued their upward trajectory. Dow Jones closed 739 points lower at 46,677.67, while the… Continue reading US stocks close deep in red, Dow tumbles 739 points on war jitters

Lucid stock offers three big reasons to warrant a long-term investment

Investors are bailing on Lucid Group (NASDAQ: LCID) this morning as the “ambitious” plans it laid out in its Investor Day presentation failed to alleviate concerns of widening losses and future dilution. However, for high-risk long-term investors, the firm’s announcement of mid-size electric SUV and robotaxi initiatives warrants looking beyond its near-term cash burn and… Continue reading Lucid stock offers three big reasons to warrant a long-term investment

Why is AMD stock falling ahead of Lisa Su’s high-stakes Korea trip?

Advanced Micro Devices (NASDAQ: AMD stock) slipped nearly 3% on Thursday as investors looked past an important overseas trip by Chief Executive Lisa Su and focused instead on a more immediate problem. The plunge on Thursday came amid broader market weakness as the oil prices continue to rise and the Iran-US conflict is escalating with… Continue reading Why is AMD stock falling ahead of Lisa Su’s high-stakes Korea trip?

UiPath stock: why sell-off makes sense despite Q4 beat and buyback

UiPath Inc (NYSE: PATH) opened in the red this morning after the firm’s muted full-year outlook tempered its Q4 beat and announcement of a new $500 million share repurchase programme. To some, the sell-off may look like an overreaction, especially given that the software company posted its first-ever profit on a GAAP basis on March… Continue reading UiPath stock: why sell-off makes sense despite Q4 beat and buyback

Analysts see these US chemical stocks gaining as Middle East conflict deepens

Shares of US chemical producers moved higher as investors assessed the impact of escalating tensions in the Middle East on global supply chains. Companies with significant production along the US Gulf Coast, including Dow and LyondellBasell Industries, have emerged as potential beneficiaries of disruptions to petrochemical exports from the region. Analysts at Citi upgraded both… Continue reading Analysts see these US chemical stocks gaining as Middle East conflict deepens

Palantir still uses Anthropic’s Claude despite Pentagon blacklist

Palantir Technologies Inc (PLTR) is in focus today after CEO Alex Karp confirmed the company still uses Anthropic’s Claude AI, despite the Pentagon’s recent branding of the startup as “supply chain risk.” While the Department of Defense (DOD) plans on moving away from Anthropic, the integration remains active for now, he revealed at the “AIPcon… Continue reading Palantir still uses Anthropic’s Claude despite Pentagon blacklist

Nvidia stock down over 2% today: why investors are booking profits

Nvidia stock (NASDAQ: NVDA) slipped 2% on Thursday to hover near the $182 mark amid geopolitical headwinds and macroeconomic anxiety. The plunge came after few days of healthy gains as Nvidia stock battered the broader market weakness on the back of strong bullish factors. But Thursday’s pullback should not be seen as a doubt around… Continue reading Nvidia stock down over 2% today: why investors are booking profits