Tag Archives: Stock

Palantir Technologies Inc. (NASDAQ:PLTR) is one the AI Stocks Analysts Are Watching Closely. On August 18, Palantir stock received a cautious mention from Citron regarding the company’s stock valuation, marking the second time the firm has raised concerns. The stock slipped amid the mention and recent remarks from OpenAI CEO Sam Altman who has warned that the AI market is in …

Stock market may be obscuring ‘important realities’ about the U.S. economy  MarketWatch S&P 500 seen stalling as AI rally meets tariff jitters: Reuters poll  Reuters Long-Awaited Correction Finally Arrives — Here’s Why That Isn’t All Bad  TheStreet Pro 2 Factors That Could Trigger a Stock Market Selloff  Barron’s A Stock-Market Crash Foretold  American Enterprise Institute Source link

A trader works on the floor of the New York Stock Exchange on Aug. 4, 2022. Source: NYSE Stock futures were little changed in overnight trading Wednesday following a four-day losing streak for the S&P 500 as tech names dragged the broader market lower. Futures on the Dow Jones Industrial Average were flat. S&P 500 futures and Nasdaq 100 futures …

TJX Companies (TJX) stock was up on Wednesday after the retailer reported earnings results for Q2. The TJ Maxx parent company reported adjusted earnings per share of $1.10, which beat Wall Street’s estimate of $1.01. It also represented a 14.58% increase year-over-year from 96 cents. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing …

Home Depot (HD) stock has earned Buy ratings from multiple Wall Street analysts following the release of its Q2 earnings report. Despite posting quarterly earnings and revenue that came in just below Wall Street’s estimates, the home improvement retailer reaffirmed its full-year outlook. Consequently, top analysts have raised their price targets on HD stock, pointing to more upside ahead. Elevate …

Key Takeaways All eyes are on Federal Reserve chair Jerome Powell, whose speech at the central bank’s annual Jackson Hole Symposium could test the stock market rally that’s lifted stocks to record highs. Deutsche Bank analysts warned in a note on Tuesday that Powell’s comments “could create uncertainty about September cut prospects.” A hawkish Powell could spell trouble for the …

Target shares sank 10% in premarket trading after the retailer posted a Q2 earnings beat but reiterated expectations for a sales drop this year. The company also announced that longtime CEO Brian Cornell would step down. Adjusted earnings per share came in at $2.05, versus Wall Street’s estimate of $2.04. Revenue landed at $25.2 billion, compared with forecasts of $24.9 …

Elon Musk Might Not Start a New Political Party. Why Tesla Stock Is Slipping Anyway.  Barron’s Exclusive | Elon Musk Pledged to Start a Political Party. He Is Already Pumping the Brakes. – WSJ  The Wall Street Journal Elon Musk halts plans for new political party, prioritizing business instead: report  Fox News Musk quietly puts brakes on plans for new political party, WSJ …

This article first appeared on GuruFocus. Aug 19 – Enterprise software stocks traded weaker on Tuesday as investors awaited clarity from Federal Reserve Chair Jerome Powell’s upcoming remarks at the Jackson Hole economic symposium. Market participants remain cautious about whether the central bank will signal rate cuts or keep policy tight. Palantir Technologies (NASDAQ:PLTR) slid more than 9%, while Oracle …

Intel Stock Drops as U.S. Wants to Take Stake. Why Micron Is Falling, Too.  Barron’s Intel in talks with other large investors for equity boost at discount, sources say  CNBC Trump’s Push for Intel Stake Raises Concerns for Tech Stocks  Barron’s Intel’s $24 Billion Rally Has a Worrying Side Effect (INTC)  Bloomberg.com US examines equity stake in chip makers for CHIPS Act cash grants, …