Browsing: Streets

This year’s rally is no longer just a megacap story. Now the calendar is pushing back

Wall Street has set ambitious price targets for the stocks in this article. While this suggests attractive upside potential, it’s important to remain skeptical because analysts face institutional pressures that can sometimes lead to overly optimistic forecasts

Nine trading days into August, Cathie Wood’s ARK Innovation ETF (ARKK) is up 16%, while IPOs, chips, and software have all jumped 9% or more as of Thursday’s close

Tuesday’s rally was so intense that it’s shaking up some of the usual assumptions around volatility pricing

CNBC’s Jim Cramer on Monday said Wall Street’s “basket trades” during the Iran war are distorting stock prices, urging investors to use the dislocations to their advantage

By  STAN CHOE Updated [hour]:[minute] [AMPM] [timezone], [monthFull] [day], [year]  

Wall Street is overwhelmingly bullish on the stocks in this article, with price targets suggesting significant upside potential. However, it’s worth remembering that analysts rarely issue sell ratings, partly because their firms often seek other business from the same companies they cover

For much of the last 17 years, the bulls have been in firm control on Wall Street. Save for the five-week COVID-19 crash in February-March 2020 and the nine-month bear market in 2022, the Dow Jones Industrial Average (DJINDICES: ^DJI), S&P 500 (SNPINDEX: ^GSPC), and Nasdaq Composite (NASDAQINDEX: ^IXIC) have made a habit of trending…

Six weeks ago, Oracle (NYSE: ORCL) management guided for about $8.05 in non-GAAP (adjusted) earnings per share this fiscal year. As of this writing, the stock trades around $117 — less than 15 times that figure, after setting a new 52-week low of $114.75 on Friday. A multiple like that is usually reserved for mature…

When Alphabet and Tesla kicked off tech earnings season on Wednesday, one theme became immediately clear: AI spending is under a microscope