Stock Research

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

Sysco (NYSE: SYY) is under pressure after the food distribution company announced a $29 billion acquisition of Jetro, the parent company of Restaurant Depot and a leader in the “cash and carry” wholesale segment. Investors are concerned mostly because of the massive price tag and the potential integration risks associated with such a transformative merger.… Continue reading Why Jetro deal makes Sysco stock a great long-term pick

US stocks opened higher on Monday, rebounding after sharp losses in the previous session, as investors reacted to fresh developments in the Middle East conflict and comments from Donald Trump on ongoing negotiations with Iran. The Dow Jones Industrial Average was up 333 points, or 0.74%, while the S&P 500 gained 0.63% and the Nasdaq… Continue reading Dow Jones rebounds 300 points as war tensions test markets, oil surges

The stock market will be on edge this week as investors continue focusing on the ongoing Iran war. This focus comes at a time when the Dow Jones, Nasdaq 100, and S&P 500 indices have plunged from their all-time highs.  This article explores some of the top US stocks to watch this week, including companies… Continue reading Top stocks to watch this week: Tilray Brands, Nike, FactSet

Shares of HDFC Bank have come under sustained pressure this year, declining more than 26% and lagging both peers and the broader market, even as brokerages turn increasingly positive on the stock following the sharp correction. The recent underperformance has prompted global brokerage JPMorgan to upgrade the stock to “Overweight” from “Neutral”, citing a more… Continue reading HDFC Bank stock falls, but JPMorgan, Jefferies see valuation upside

London’s FTSE 100 rose on Monday, helped by gains in heavyweight miners and energy producers that offset weakness elsewhere. Firmer commodity prices supported the move, even as investors stayed cautious with the Middle East conflict entering its fifth week, Reuters reported. By 09:21 GMT, the blue-chip index was up 0.6%, while the FTSE 250 fell… Continue reading FTSE 100 rises on miners, energy as Middle East tensions persist

IQM Quantum Computers has secured €50 million ($57.64 million) in venture financing from funds and accounts managed by BlackRock, positioning the Finnish firm to accelerate its global expansion ahead of a planned dual listing in the US and Helsinki. Earlier this year, IQM outlined plans to go public via a merger with a special purpose… Continue reading IQM lands over $57M from BlackRock ahead of $1.8B dual listing push

As market volatility whipsaws major indices and leaves investors wary of overstretched valuations in the more notable names, Bank of America is urging a pivot toward high-conviction plays flying under the radar. While tech remains the primary engine of global growth, BofA’s latest research report suggests the best risk-reward may now lie in specialized fintech… Continue reading BofA names 2 fintech stocks for outsized long-term gains

Morgan Stanley has adopted a more defensive stance, downgrading global equities and upgrading cash and US government bonds amid rising oil supply risks from the Middle East conflict, Reuters reported. The bank lowered global equities to equal weight from overweight and lifted cash and Treasuries to overweight from equal weight, citing “asymmetric outcomes” for risk assets in an environment of surging crude… Continue reading Morgan Stanley cuts global equities, boosts cash and US Treasuries