Markets

TipRanks compiles stocks that Wall Street’s top analysts agree are strong buys. These 24 stocks have the highest upsides, based on averages of the top analysts’ price targets.  Analysts see 340% upside to Coherus Biosciences’ stock. This year’s stock market outlook remains uncertain even after a return to a bull market in the second quarter.… Continue reading 24 ‘strong-buy’ stocks with the highest potential upsides based on consensus price targets from Wall Street’s top-performing analysts, according to a fintech company

It can be difficult to grasp just how big Apple’s ascent to a $3 trillion valuation really is.The iPhone maker’s market cap makes it bigger than France’s economy and double the size of India’s entire stock market.Here’s what else Apple is now bigger than after it became the first company to reach the $3 trillion… Continue reading Apple just eclipsed a $3 trillion valuation. Here are 8 things the iPhone maker is now bigger than, including France’s economy and India’s entire stock market.

Steve Jobs refocused Apple on a few key products, paving the way for its phenomenal success. Warren Buffett, a big Apple investor, also concentrates his time and money where it’s best spent. Here’s a look at Jobs and Buffett’s shared embrace of focus, and why it’s paid off for them. Loading Something is loading. Thanks… Continue reading Steve Jobs’ laser-sharp focus made Apple a world-beater. Warren Buffett takes the same approach to investing.

Brace for a fourth-quarter US recession that’ll hit stock prices, according to HSBC. The bank said in its mid-year investment outlook that rising interest rates will likely trigger an economic slump in the second half of 2023. “The newsflow over the next six months could be tough” for markets, strategists said. Loading Something is loading.… Continue reading US stocks face a painful rest of 2023 with a recession set to take the shine off the AI-fueled rally, HSBC says

Premium Rent growth seems to be leveling out after years rising quickly. Peter Tsai/Getty Images This story is available exclusively to Insider subscribers. Become an Insider and start reading now. Rent growth slowed again in June after prices reached a record high last month. A much-needed increase in apartment inventory kept rents from rising even… Continue reading Rent growth is finally stagnating, and these 33 cities have lower prices than last year — including trendy spots like Austin, Texas

Apple stock closed above a $3 trillion valuation for the first time ever on Friday.The stock has fully recovered from 2022’s bear market and has been making new record highs.Investors have cheered Apple’s strong product ecosystem and resilient growth powered by its iPhone and Services business. Loading Something is loading. Thanks for signing up! Access… Continue reading Apple stock closes above $3 trillion valuation for the first time ever

An oil hedge fund is looking at 51% loss as its bets on energy prices turns sour, Bloomberg reported.Pierre Andurand’s hedge fund had delivered sky-high returns to its investors from 2020 through 2022.Andurand gave a bullish outlook for oil prices earlier this year, arguing that the commodity could hit $140 per barrel. Loading Something is… Continue reading An oil-trading hedge fund just got slammed with a 51% loss amid this year’s slump in energy prices

The US could see a big drop in inflation without hitting a recession, Bank of America said. Strategists pointed to the inverted Treasury yield curve, the bond market’s notorious recession gauge. But this time around, the indicator is signaling a hard landing for inflation, not for the economy.  Loading Something is loading. Thanks for signing… Continue reading The US could see inflation drop like a rock without hitting a recession, Bank of America says