Stock Research

U.S. stocks will be in focus this week after Republicans agreed in principle with the White House to raise the debt ceiling. What does it mean for the U.S. stocks? The said development is a major step forward in preventing a default. Still, the Head of Investments at Generali Insurance Asset Management – Antonio Cavarero… Continue reading Debt ceiling deal: will the U.S. stocks rally this week?

American Express Company (NYSE: AXP) ended 4.0% up on Friday after a Morgan Stanley analyst said it was a top pick in financial services. American Express stock should be worth $188 Betsy Graseck agreed that the multinational is not seeing its revenue grow as strongly as it did just after the pandemic. Still, she’s convinced… Continue reading American Express stock could rally 20% from here: Morgan Stanley

After weeks of negotiating a deal to raise the debt limit to avert default, Democrats and Republicans announced a tentative deal has been reached. The plan is to put it to vote on Wednesday, but the optimism is there, and one can assume that from now on, the only thing to work on is details.… Continue reading US debt ceiling raised after White House and Republicans reach tentative deal

If you follow IPO news, then you’ll know that every year sees a handful of companies considering initial public offerings have generated the most buzz among stock market investors. In most cases, the anticipation is always around companies seen as having the potential to be major players in their respective industries.  In 2023, there are… Continue reading Interesting IPO statistics & the 10 most anticipated IPOs of 2023

Nasdaq Composite is in focus this morning after the U.S. Bureau of Labour of Statistics said the core personal consumption expenditures price index was up more than expected in April. What today’s inflation data means for tech stocks For the month, the Fed’s preferred inflation gauge rose 0.4% – supporting the narrative that rates could… Continue reading U.S. PCE data: tech stocks could ‘continue to run up’

Nvidia Corporation (NASDAQ: NVDA) seems to be in a league of its own in terms of capitalising on rapid growth in artificial intelligence, as per the famed investor Jim Cramer. Jim Cramer is now all praise for Nvidia stock Earlier this week, the semiconductor behemoth guided for about $11 billion in revenue for its current… Continue reading Nvidia made Cramer go from ‘it’s a loser’ to it has ‘no competition’ in 8 months

JPMorgan Chase & Co (NYSE: JPM) is working on a software similar to ChatGPT that will use artificial intelligence to offer investment advice. Here’s what we know so far On Thursday, the financial services behemoth filed with the U.S. Patent and Trademark Office (PTO) to trademark IndexGPT – a tool that the filing defines as:… Continue reading JPMorgan may soon launch an AI tool similar to ChatGPT

Toll Brothers Inc (NYSE: TOL) is already up 30% for the year but an RBC Capital analyst says the stock is still relatively inexpensive to own. Toll Brothers stock has another 15% upside On Thursday, Mike Dahl upgraded the luxury homebuilder to “outperform” and raised his price objective to $77 – up another 15% from… Continue reading Toll Brothers stock outlook following its Q2 earnings

Shares of Yelp Inc (NYSE: YELP) opened about 10% up this morning after an activist investor disclosed a sizable stake in the recommendation website operator. TCS wants Yelp to merge with Angi On Tuesday, TCS Capital Management pushed the California-based company to explore strategic options including a possible sale. The hedge fund owns over 4.0%… Continue reading Activist investor TCS Capital wants Yelp to consider strategic options