Nike stock still hasn’t bottomed, analyst warns
Nike (NKE) shares have come under pressure on Friday after a Bank of America analyst, Lorraine Hutchinson, downgraded the athletic footwear company to underperform. In her research note, Hutchinson lowered…
Why the biggest earnings beats are becoming the worst trades on Wall Street
US companies have been delivering one of the strongest earnings seasons in years, but the market response has exposed a problem for anyone still treating a quarterly beat as the…
Is $2 trillion for Anthropic believable? Three analysts pull apart the number
Anthropic is reportedly targeting a November Nasdaq listing at a valuation investors are discussing near $2 trillion. That figure would more than double the $965 billion post-money valuation set in…
Dow jumps 190 points as oil retreats but Treasury yields stay elevated
US stocks edged higher Friday as Wall Street headed toward the end of a volatile week marked by a sharp rise in Treasury yields, falling oil prices and renewed hopes…
Bloom Energy stock forms island reversal amid Project Jupiter risks
Bloom Energy stock is in the spotlight this week because of its role in the beleaguered data center project in New Mexico. BE dropped to $254 on Thursday, before recovering…
The higher-for-longer trade is creating a tech divide
The 10-year Treasury yield reached a high of about 5.2% on September 24, a multi-decade high that should, by conventional logic, compress valuations across richly priced technology stocks. Instead, the…
Why is Meta stock down on Thursday despite analysts raising PTs post Meta Connect?
Meta Platforms shares META slipped in premarket trading on Thursday as a sharp rise in US Treasury yields and higher oil prices weighed on broader market sentiment, even as investors…
Tesla stock at risk despite rising EV sales amid rising gasoline prices
Tesla stock has rebounded in the past few weeks, moving from a low of $297 in August to the current $380. It has rallied as traders buy the recent dip…
Dow opens 170 pts lower as 30-year Treasury yield hits 22-year high
US stocks opened lower Thursday as a historic selloff in Treasury bonds continued to dominate markets, with the 30-year yield touching its highest level in more than two decades. The…
Here’s why quantum computing stocks IonQ, RGTI, QBTS, INFQ are rising
Top quantum computing stocks like IonQ, Rigetti Computing (RGTI), and D-Wave Quantum (QBTS) are rising today after IonQ made a breakthrough this week. IonQ stock is up more than 10%…