video Ford announces return to Formula 1 racing Ford President and CEO Jim Farley and Formula 1 CEO Stefano Domernicali discuss Ford’s growth in the auto industry and employment and announce its return to Formula 1 racing. Ford Motor Co. says a battery problem has forced the second-largest U.S. automaker to stop production and delivery of its F-150 lightning electric […]
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Premarket action on Tuesday had the three major U.S. indexes trading higher. The Dow Jones industrials were up 0.14%, the S&P 500 up 0.24% and the Nasdaq 0.39% higher. Ten of 11 market sectors closed higher Monday, with technology (1.77%) and consumer cyclicals (1.46%) posting the day’s best gains. The energy sector (−0.6%) was Monday’s only loser. The Dow closed […]
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This report was sent to Briefing.com subscribers earlier today. Research calls posted earlier this morning are available here. Upgrades: > Brightcove (BCOV) upgraded to Buy from Neutral at Rosenblatt; tgt raised to $10 > Gaotu Techedu (GOTU) upgraded to Outperform from Underperform at CLSA > Immunovant Sciences (IMVT) upgraded to Buy from Neutral at Guggenheim; tgt $30 > Mitsubishi […]
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This report was sent to Briefing.com subscribers earlier today. Upgrades: > AllianceBernstein (AB) upgraded to Outperform from Neutral at Credit Suisse; tgt raised to $43.50 > Fastly (FSLY) upgraded to Buy from Underperform at BofA Securities; tgt raised to $16 > Five Below (FIVE) upgraded to Buy from Neutral at ROTH MKM; tgt raised to $240 > Masco (MAS) upgraded […]
Read morevideo Why is the stock market seeing indecisiveness? Carnivore Trading CEO Dutch Masters and The Fitz-Gerald Group Principal Keith Fitz-Gerald provide insight on quality stocks on ‘Making Money.’ Another busy week for investors is almost upon us with half a dozen Fed speeches, new CPI data and earnings across industries from energy to hospitality filling the week. The stock market […]
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While most of Wall Street focuses on large-cap and mega-cap stocks, as they provide a degree of safety and liquidity, many investors are limited in the number of shares they can buy. Many of the biggest public companies, especially the technology giants, trade in the hundreds, all the way up to over $1,000 per share or more. At those steep […]
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To protect financial stability, the United Kingdom Treasury officials announced on Monday that consumers wouldn’t be able to hoard their future CBDCs. What are the implications? Savings Disabled for UK’s CBDC? It was in April 2021 when the Bank of England and HM Treasury officially announced a central bank digital currency (CBDC) task force. Even then, the UK’s central bank […]
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After trending lower over the past few sessions, treasuries showed a modest move back to the upside during trading on Wednesday. Bond prices came under pressure in morning trading but rebounded over the course of the session. As a result, the yield on the benchmark ten-year note, which moves opposite of its price, dipped 2.1 basis points to 3.653 percent. […]
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About half an hour after Wednesday’s opening bell, the Dow Jones industrials traded 0.35% lower, the S&P 500 was down 0.49% and the Nasdaq had retreated 0.45%. Equity prices were bouncing around and probably will until the petroleum inventory report is issued later in the morning. After markets closed Tuesday, Enphase Energy beat estimates for both earnings per share (EPS) […]
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