Category: Investing.com
-
Nvidia gets a rare downgrade By Investing.com
•
Here’s a professional summary of the most important things Wall Street analysts have said over the past week, including a rare downgrade of Nvidia (NASDAQ:) stock. InvestingPro subscribers always get priority when it comes to market-moving rating changes. Intercontinental Exchange (NYSE:) What happened? On Monday, Goldman Sachs upgraded Intercontinental Exchange…
-
Nvidia downgraded on ‘limited further upside’ By Investing.com
•
Investing.com – Here are analysts’ biggest moves in artificial intelligence (AI) this week. InvestingPro subscribers always get priority access to market-moving AI analyst commentary. Upgrade today! Nvidia (NASDAQ:) stock has been downgraded by New Street Research. Analysts at New Street Research downgraded Nvidia stock to neutral from buy on Friday.…
-
Here are some of the major themes to watch out for in Q3, according to UBS By Investing.com
•
Investing.com – The first half of 2024 will be marked by an AI-driven stock market rally, volatile bond yields and political uncertainty, according to analysts at UBS. So what does the third quarter hold for investors? In a July 1 note to clients, analysts outlined several key themes they will…
-
Why this is the most misunderstood bull market By Investing.com
•
In a recent note, strategists at Alpine Macro said analysts have underestimated this bull market at every turn. Despite widespread skepticism, the global investment firm believes stocks are poised to continue to outperform expectations, driven by expanding earnings growth and a resilient economy. At midyear, the stock is trading above…
-
Biden is struggling to convince donors and voters By Investing.com
•
President Joe Biden faced a growing crisis of confidence among his allies, donors and party members, after a debate performance that raised questions about his fitness for office and ability to lead. The president’s admission of deteriorating physical and rhetorical condition was not enough to allay concerns, as strategic missteps…
-
Why analysts say healthcare’s recent underperformance presents an opportunity By Investing.com
•
Investing.com – The healthcare sector has consistently underperformed the benchmark over the past 12 months, according to analysts at Wells Fargo. In a note to clients dated July 1, they added that like most of the broader market, gains in the sector were very narrow, with only a few stocks…
-
UBS outlines what to watch out for in Europe’s upcoming earnings season By Investing.com
•
The European earnings season is set to start in earnest on July 17, with results from chipmaking equipment group ASML (AS:), according to analysts at UBS. In a note to clients this week reviewing the latest quarterly earnings from the region, analysts added that expectations have been mostly on the…
-
Are U.S. Treasury markets anticipating Trump 2.0? Yardeni Research weighs in By Investing.com
•
Investing.com – The move higher in U.S. Treasury yields following last week’s debate between President Joe Biden and Republican challenger Donald Trump could be a sign that the bond market is pricing in a Trump victory in November’s presidential election, according to analysts at Yardeni Research. On Monday, the benchmark…
-
Impact and Analysis By Investing.com
•
President Joe Biden is running for re-election, and his potential second term could have significant impacts on various sectors, including energy. Understanding the implications of Biden 2.0 for energy stocks is crucial for investors, given the administration’s strong focus on climate change, renewable energy, and regulatory changes. Biden’s energy policies…
-
Hurricane Beryl batters Mexico, heads towards South Texas By Investing.com
•
Hurricane Beryl is expected to strengthen as it approaches the South Texas coast, posing threats of damaging winds, life-threatening storm surges and severe flooding. The storm is expected to be the first storm to make landfall in the United States during the 2024 Atlantic season. Earlier this week, Hurricane Beryl…
-
Hurricane Beryl batters Mexico, heads towards South Texas By Investing.com
•
Hurricane Beryl is expected to strengthen as it approaches the South Texas coast, posing threats of damaging winds, life-threatening storm surges and severe flooding. The storm is expected to be the first storm to make landfall in the United States during the 2024 Atlantic season. Earlier this week, Hurricane Beryl…
-
What can investors expect for S&P 500 earnings growth in 2025 By Investing.com
•
As the second half of 2024 begins, market participants are reassessing their earnings growth expectations not only for this year but for 2025 as well. Wall Street analysts expect S&P 500 companies to see strong earnings per share growth of 14.5% in 2025. According to analysts at Yardeni Research, this…
-
Dollar slips ahead of payrolls; sterling gains post election By Investing.com
•
The US dollar fell in early European trading on Friday ahead of a key monthly jobs report, while the British pound rose after the UK general election result. At 03:55 ET (07:55 GMT), the dollar index, which tracks the greenback against a basket of six other currencies, was down 0.4%…
-
Globally, Value funds gave back some performance in June By Investing.com
•
Bank of America reported a turnaround in global fund performance for June, with value funds seeing an average decline of 0.88% relative to their benchmarks. Only 24% of value funds managed to outperform their benchmarks in June. Despite the decline, Bank of America acknowledged that value funds still have an…
-
Global Blue Releases the Monthly Tax Free Shopping Business Update for June 2024 By Investing.com
•
New data from Global Blue reveals that the global dynamic recovery in tax-free shopping has accelerated across continental Europe and the Asia-Pacific region. Globally, the recovery rate of exported store sales was 168%1 in June 2024 compared to the same period in 2019, compared to 163%1 in April/May 2024 and…
-
Asia FX rises ahead of nonfarm payrolls; yen firms amid intervention watch By Investing.com
•
Most Asian currencies rose slightly on Friday, recovering further as the dollar weakened ahead of key jobs data, while the Japanese yen rose sharply on speculation of possible government intervention. Elsewhere, the S&P 500 rose slightly on expectations that the Labour Party would win a landslide victory in the UK…
-
Why these analysts see a broadening in potential stock market gains in H2 By Investing.com
•
The potential upside for the S&P 500 is expected to widen in the second half of 2024 after gains were supported by a handful of AI-related companies in the first six months of the year, according to analysts at Wells Fargo. The company’s profits rose 14.5% year-to-date in the first…
-
SoftBank in talks to get its hands on large volumes of Nvidia’s GPUs: Report By Investing.com
•
Japanese technology investor SoftBank (TYO:) is in discussions to find a way to secure a large amount of graphics processing units (GPUs) from Nvidia that are essential for the development of artificial intelligence (AI). The latest move appears to be part of a broader plan by CEO Masayoshi Son to…
-
CGI acquires Celero’s business serving credit union clients across Canada By Investing.com
•
Stock market symbolsGIBA (TSX)GIP (New York Stock Exchange)cgi.com/newsroom Acquisition expands CGI’s managed services offerings to more than 90 credit unions nationwide Montreal, July 4, 2024 CGI Corporation (TOKYO:GIB.A) (NYSE:GIB) today announced the acquisition of the credit union business of Celro, which serves customers throughout CanadaThis transaction consists of key service…