Tesla has reached a “fork in the road” moment as the company faces growing competition, Wedbush said.Analyst Dan Ives believes the company needs to assure investors that it can hit its long-term delivery growth target of 50%.”In the eyes of investors, patience is wearing extremely thin as the long-term vision and robot talk is not… Continue reading Tesla’s is at a ‘fork in the road’ as EV competition heats up. Here’s what the company’s 3rd-quarter earnings have to show to woo investors, according to Wedbush.
The stock market is on a ‘rollercoaster to nowhere’, and the full effect of tighter financial conditions has not yet been felt, Morgan Stanley investment chief says
Stocks are on a “rollercoaster to nowhere,” Morgan Stanley Wealth Management’s Lisa Shalett said. Investors are too impatient, Shalett said, and have no tolerance for pain. That’s preventing stocks from bottoming out, pushing estimates for 2023 and 2024 lower, she warned. Loading Something is loading. Thanks for signing up! Access your favorite topics in a… Continue reading The stock market is on a ‘rollercoaster to nowhere’, and the full effect of tighter financial conditions has not yet been felt, Morgan Stanley investment chief says
The US economy will hit ‘genuine recession territory’ in the spring, but strong consumer finances will help keep it mild, Fitch says
Fitch expects the US economy will enter a mild recession in the second quarter of 2023. The ratings agency said the upcoming recession will be to the one that occurred in 1990-1991. The aggregate household balance sheet remains resilient as real estate wealth helps offset some stock losses, Fitch said. Loading Something is loading. Thanks… Continue reading The US economy will hit ‘genuine recession territory’ in the spring, but strong consumer finances will help keep it mild, Fitch says
David Rosenberg: Goodbye TINA, hello safety and income at a reasonable price
Cash is no longer trash, and investors can find alternatives for yield A trader works on the floor of the New York Stock Exchange at Wall Street in New York City. Photo by ANGELA WEISS/AFP via Getty Images files David Rosenberg and Marius Jongstra Advertisement 2 This advertisement has not loaded yet, but your article… Continue reading David Rosenberg: Goodbye TINA, hello safety and income at a reasonable price
Bank of America survey ‘screams’ capitulation with rally set for 2023
Strategists expect stocks to bottom in the first half of 2023 after the Federal Reserve pivots away from raising interest rates Author of the article: Bloomberg News Farah Elbahrawy Pedestrians pass in front of a Bank of America Corp. branch in New York, U.S. Photo by Eric Thayer/Bloomberg files The sentiment on stocks and global… Continue reading Bank of America survey ‘screams’ capitulation with rally set for 2023
Private equity circles fallen stars of pandemic IPO boom
Three-quarters of U.S. companies that listed in 2019-21 now trade below offering price Author of the article: Financial Times Sujeet Indap and Nicholas Megaw in New York People wait in line for T-shirts at a pop-up kiosk for the online brokerage Robinhood along Wall Street after the company went public with an IPO on July… Continue reading Private equity circles fallen stars of pandemic IPO boom
Stock Market Today: Goldman Earnings Give Stocks a Boost
Stocks closed higher for a second straight day as the latest batch of third-quarter earnings rolled in. Goldman Sachs (GS (opens in new tab), +2.3%) continued a trend seen in big bank earnings recently, reporting higher-than-expected top- and bottom-line results for its third quarter. Defense contractor Lockheed Martin (LMT (opens in new tab)) was another… Continue reading Stock Market Today: Goldman Earnings Give Stocks a Boost
Goldman Sachs, Lockheed Martin Earnings Drive U.S. Stock Rally
U.S. stocks rallied for a second straight day on Tuesday as solid quarterly results from Goldman Sachs and Lockheed Martin dampened worries of a dismal earnings season as it begins to pick up steam. Goldman Sachs Group Inc gained 2.07% after reporting a smaller-than-expected drop in quarterly profit as a boost in net interest income… Continue reading Goldman Sachs, Lockheed Martin Earnings Drive U.S. Stock Rally
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