Stock Research

Asian markets were broadly steady on Thursday as investors looked past the formal signing of a US-Iran interim peace agreement and focused instead on what comes next for oil, rates and risk appetite. The deal extends an April ceasefire by 60 days and aims to create room for a final truce, but it has not… Continue reading Nikkei tops 71,000 as Asian markets shrug off US-Iran deal risks

Wall Street’s careening trajectory has left investors grappling with a highly volatile macro climate. Despite brief relief from a tentative US-Iran ceasefire, the Federal Reserve’s latest Summary of Economic Projections paints a hawkish picture – slashing GDP expectations while projecting sticky PCE inflation at 3.6%. With newly appointed Fed Chair Kevin Warsh signaling that interest… Continue reading Three must-own dividend stocks irrespective of the broader market trajectory

US stocks fell sharply on Wednesday, with the Dow Jones Industrial Average shedding nearly 500 points, after the Federal Reserve left interest rates unchanged but signaled that policymakers may still need to raise borrowing costs to contain inflation. The Dow closed down 507 points, or 0.98%, at 51,492.55. The S&P 500 lost 1.21% to end… Continue reading Dow falls 500 points as Fed’s hawkish shift jolts markets

Allbirds completed its transformation from a footwear company into an artificial intelligence infrastructure provider on Wednesday, changing its name to Smartbird and appointing former Amazon executive Nadia Carlsten as chief executive officer. The announcement sent shares of the company, which continues to trade under the ticker BIRD, sharply higher. The stock surged more than 45%… Continue reading Allbirds stock jumps 45% as company rebrands to Smartbird

Robinhood Markets HOOD shares moved higher on Wednesday after multiple Wall Street firms reaffirmed their bullish outlook on the online brokerage, arguing that the company’s growth prospects remain strong. The bullish view came despite a planned workforce reduction affecting roughly 10% of employees. The stock gained more than 12% in mid day trading after both… Continue reading Robinhood stock gains as analysts back growth despite layoffs

Applied Materials AMAT shares surged on Wednesday after Citi raised its price target on the semiconductor equipment maker, citing accelerating artificial intelligence spending and growing demand for memory-related chip manufacturing equipment. The stock jumped 9.7% during trading and reached a new 52-week high of $623.35. The rally came after Citi increased its price target on… Continue reading Applied Materials surges as Citi lifts target on AI demand boom

Nvidia stock (NVDA) edged lower on Wednesday, continuing a recent stretch of underperformance relative to other semiconductor stocks. Shares of the chipmaker fell 0.5% to $206.91 in early trading after declining 2.4% during Tuesday’s session. The weakness contrasted with gains elsewhere in the semiconductor sector. Advanced Micro Devices and Intel each rose roughly 3%, while… Continue reading Nvidia stock remains under pressure: can the AI giant breakout soon?

Carvana (CVNA) shares opened in the “red” this morning in sympathy with peer CarMax (KMX) whose Q1 earnings signaled margin compression, stubbornly weak volumes, and rising acquisition costs. But a compelling case can be made that the market is lazily painting both companies with the same brush, ignoring the fundamental structural differences between how they… Continue reading CarMax earnings create a buying opportunity in Carvana stock

Tesla stock (TSLA) edged lower in early trading on Wednesday, even as analysts projected stronger-than-expected second-quarter results and new data from Europe highlighted growing adoption of the company’s Full Self-Driving software. Shares of the electric-vehicle maker fell 1.6% to $398.66 in early trading. Analysts see strong second quarter Wolfe Research said Tesla appears on track… Continue reading Tesla stock slips below $400: why upbeat EV sales estimates are not helping