Should you buy American Airlines stock after its dull Q1 guidance?

Shares of American Airlines Group Inc (NASDAQ: AAL) ended nearly 10% down on Wednesday after the air carrier issued bit of a dull outlook for its fiscal first quarter. American Airlines’ updated Q1 outlook On an adjusted basis, the airline now expects its per-share earnings to fall between 1 cent and 5 cents. In comparison,… Continue reading Should you buy American Airlines stock after its dull Q1 guidance?

Goldman Sachs stock price forecast: UBS sees 17% upside

Goldman Sachs Group Inc (NYSE: GS) down nearly 12% versus its year-to-date high is an opportunity for investors to build a position in this quality name, as per a UBS analyst. Goldman Sachs stock should be worth $385 On Wednesday, Brennan Hawken upgraded the financial services behemoth to “buy” and raised his price target to… Continue reading Goldman Sachs stock price forecast: UBS sees 17% upside

Triton stock is up 30% on Wednesday: explore why

Shares of Triton International Ltd (NYSE: TRTN) are up more than 30% today after Brookfield Infrastructure Partners L.P. (NYSE: BIP) said it will buy the leasing company for about $4.7 billion. Details of the announced acquisition The said agreement values each share of Triton International at $85. Shareholders will receive $68.50 of that in cash… Continue reading Triton stock is up 30% on Wednesday: explore why

U.S. inflation data today: is there upside left in the S&P 500?

S&P 500 is trading up this morning after the U.S. Bureau of Labour Statistics confirmed that inflation continued to cool off last month. Market technician reacts to the CPI print On a year-over-year basis, consumer prices were up 5.0% in March versus 5.1% that economists had forecast. Reacting to the data, Craig Johnson – Chief… Continue reading U.S. inflation data today: is there upside left in the S&P 500?

Ryanair share price rebounding but aviation stocks continue to struggle

It’s been a tough time for airlines over the past few years.  A not-so-friendly pandemic grounded planes for the best part of two years, halting near-constant growth in passenger numbers over the two decades prior, as Zoom quizzes replaced holidays and emails replaced business meetings. Hello bailouts, restructures and, for airline investors, nasty share price… Continue reading Ryanair share price rebounding but aviation stocks continue to struggle

Argo Blockchain share price badly lags Riot Blockchain, MARA

Argo Blockchain (LON: ARB) share price has moved sideways in the past few days even after Bitcoin surged to the highest level in months. The stock was trading at 12.38p on Wednesday where it has been in the past few days. It has jumped by ~14.93% this year while its bigger counterparts like Riot Blockchain… Continue reading Argo Blockchain share price badly lags Riot Blockchain, MARA

The unraveling of De La Rue is underway as banknote demand sinks

De La Rue (LON: DLAR), the giant banknote printer, issued its third profit warning since January 2022 as demand for cash slumped to the lowest level in two decades. The company warned that it was seeing a sharp decline in orders from central banks as more people shift to digital cash. There are concerns about… Continue reading The unraveling of De La Rue is underway as banknote demand sinks