Apple stock still has a lot of upside that some investors may be underestimating, according to Morgan Stanley.Morgan Stanley said five under-the-radar catalysts could send Apple stock to its bull-case scenario of $230.The bullish target represents 53% upside and would catapult Apple to a near-$4 trillion valuation. Loading Something is loading. Thanks for signing up!… Continue reading Apple stock has 5 under-the-radar drivers that could catapult it to a near-$4 trillion valuation, Morgan Stanley says
The CRA generally lets you claim family medical expenses — not this time
Jamie Golombek: Tax law quirk means a spouse isn’t explicitly allowed to claim medical expenses paid by other spouse For couples, married or common-law, it’s often suggested that all the family’s medical expenses be pooled together and claimed on one spouse’s or partner’s tax return. Photo by Getty Images/iStockphoto Tax season is upon us and… Continue reading The CRA generally lets you claim family medical expenses — not this time
Stock Market Today: Stocks Brush Off Disappointing Tesla Investor Day
The first half of Thursday looked a lot like Wednesday for investors. The Dow Jones Industrial Average outperformed its peers, this time on a solid earnings reaction for Salesforce (CRM (opens in new tab)). Meanwhile, the S&P 500 and Nasdaq Composite lagged as Treasury yields remained elevated and Tesla (TSLA (opens in new tab)) shares… Continue reading Stock Market Today: Stocks Brush Off Disappointing Tesla Investor Day
US stocks rally as traders digest comments from Fed officials on coming rate hikes
Morgan Chittum Michael M. Santiago/Getty Images US equities rallied Thursday as traders mulled over coming interest rate hikes. The Dow popped more than 300 points, supported by Salesforce’s gains on strong corporate earnings. Atlanta Fed President Raphael Bostic said he’s “very firmly” in favor of a quarter-point rate hike. Loading Something is loading. Thanks for… Continue reading US stocks rally as traders digest comments from Fed officials on coming rate hikes
Tesla’s investor day showed it is ‘one generation ahead’ of rival automakers in EV race, former Ford CEO says
Former Ford CEO Mark Fields saw Tesla’s investor day as reaffirming the automaker’s reign over the EV industry. Though the event lacked details on new models, it demonstrated the company’s leadership in key areas, he told CNBC. “Tesla still has the leg-up on the competition, and I think they demonstrated that yesterday.” Loading Something is… Continue reading Tesla’s investor day showed it is ‘one generation ahead’ of rival automakers in EV race, former Ford CEO says
Betting against Jim Cramer just became a lot easier with the launch of a new ETF that shorts the TV host’s stock picks
“Mad Money” host Jim Cramer makes a lot of stock market calls, and not all of them pan out. The Inverse Cramer ETF bets against the financial pundit, by shorting stocks he’s bullish on. The product is the handiwork of the money manager known for shorting Cathie Wood’s stock picks. Loading Something is loading. Thanks… Continue reading Betting against Jim Cramer just became a lot easier with the launch of a new ETF that shorts the TV host’s stock picks
Tesla stock ‘gets boring’ as the market drills into the EV’s company metrics and treats it more like a traditional automaker, investment research firm says
Tesla stock “gets boring,” Bespoke Investment Group said after the EV maker’s update. Wall Street’s expectations for Tesla look more like those for a traditional carmaker and less like a disruptor, it said. Bespoke spotted the highest correlation between Tesla stock and other automakers since 2016. Loading Something is loading. Thanks for signing up! Access… Continue reading Tesla stock ‘gets boring’ as the market drills into the EV’s company metrics and treats it more like a traditional automaker, investment research firm says
Salesforce stock has 26% upside as Marc Benioff’s company shows resolve on ‘disciplined growth,’ Bank of America says
Bank of America adjusted its price target for Salesforce stock from $200 to $235 on Thursday. That represents about a 26% upside from the current price of $186. “Margin outlook reflects major step towards disciplined growth,” analysts said. Loading Something is loading. Thanks for signing up! Access your favorite topics in a personalized feed while… Continue reading Salesforce stock has 26% upside as Marc Benioff’s company shows resolve on ‘disciplined growth,’ Bank of America says
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