Category: Investing.com
-
Stock market has a bad breadth problem By Investing.com
•
The stock market faces a “bad breadth problem,” according to analysts at Yardeni Research. Initially, the problem appeared to be related to the superior performance of the Magnificent-7 missile, analysts explained in a note. However, the focus has now narrowed to one prominent company: Nvidia (NASDAQ:). This shift in market…
-
Bollinger Motors receives EPA certification for B4 Chassis Cab By Investing.com
•
OAK PARK, MI – Electric vehicle manufacturer Bollinger Motors, Inc. has announced… Today it achieved a momentous regulatory milestone by receiving EPA certification of conformity for its Bollinger B4 Chassis Cab, a Class 4 commercial electric vehicle truck. This certification confirms the car’s compliance with EPA emission standards, despite being…
-
Chance of ‘Roaring ’20s’ outcome for US economy growing By Investing.com
•
Despite the slowdown in the US economy, UBS believes that the chance of a ‘Roaring Twenties’ outcome is already increasing. “The hype is getting a little louder,” the bank says, with longer-term trends still in line with their criteria for such a prosperous decade. These criteria include real GDP growth…
-
Dollar slips off highs ahead of PCE data, euro sees some support By Investing.com
•
Investing.com – The US dollar fell on Monday, holding on after rising to an eight-week high last week, while the euro rose despite weak German business sentiment. At 05:25 ET (09:25 GMT), the dollar index, which tracks the greenback against a basket of six other currencies, was down 0.2% at…
-
Nvidia is ‘in a league of its own,’ BTIG says By Investing.com
•
Nvidia (NASDAQ:) stock is in a “league of its own,” BTIG analysts said in a note issued Sunday. The chipmaker’s shares recently traded nearly 100% above its 200-day moving average (DMA). According to BTIG, this is unprecedented, as the largest spread any US company has ever traded above the 200…
-
Morgan Stanley says market focusing on softening growth By Investing.com
•
Year-to-date macroeconomic data has shown signs of weakness, leading to weakness in low-quality, economically sensitive market sectors, while a narrow group of large-cap stocks have driven performance. According to strategists at Morgan Stanley, this indicates that the market “is becoming more focused on slowing growth and less focused on inflation…
-
UBS neutral on EM stocks, but likes tech By Investing.com
•
Investing.com — UBS said it was largely neutral on broader emerging market stocks amid heightened political volatility and limited upside potential from higher U.S. interest rates. But the brokerage firm said it prefers technology stocks in emerging markets, noting that the sector has largely outperformed its counterparts in emerging markets…
-
Asia FX weak amid dollar strength; yen on intervention watch By Investing.com
•
Investing.com — Asian currencies were mostly fragile on Monday, with the dollar holding near two-month highs, while a weak Japanese yen sparked caution about potential intervention measures by Tokyo. Sentiment towards regional markets also declined due to fears of a trade war between China and the European Union, after Chinese…
-
Japanese yen fragile, USDJPY nears 160 amid intervention talk By Investing.com
•
Investing.com — The Japanese yen was fragile on Monday, with the USD/JPY pair approaching key intervention levels even as government officials repeated warnings that they would intervene to support the currency. The pair, which measures the number of yen needed to buy one dollar, rose slightly on Monday to 159.93…
-
Palantir downgraded, Micron PT hiked ahead of earnings By Investing.com
•
Investing.com – Here are the biggest artificial intelligence (AI) analyst moves this week. InvestingPro subscribers always get the first feedback from market-moving AI analysts. Upgrade today! Truist says Microsoft is “the best way to power AI in our coverage.” Microsoft (NASDAQ:) remains “the best way to operationalize AI in our…
-
Micron downgrade, upgrade for Kroger By Investing.com
•
Investing.com – Here’s a professional summary of the most important pieces of information Wall Street analysts said over the past week. InvestingPro subscribers always get the first guess on rating changes that move the market. Ollies deal executor What happened? On Monday, JPMorgan upgraded shares of Ollie’s Bargain Outlet Holdings,…
-
UBS offers a bottom-up perspective By Investing.com
•
The launch of ChatGPT in November 2022 marked a pivotal moment in the field of artificial intelligence (AI), driving its widespread adoption. According to UBS analysts, this event has stimulated significant investments and technological progress, with potential impacts across all economic sectors. In a recent note to clients, the bank’s…
-
Declining short interest is what makes S&P 500 vulnerable: JPMorgan By Investing.com
•
JPMorgan warns that this could be at risk due to declining short interest in key ETFs such as SPY and QQQ. Analysts at the bank point out that this decline was “providing steady support for US stocks over the past year, helping to suppress volatility.” In simpler terms, fewer investors…
-
ESG investing has lost its sheen By Investing.com
•
Bank of America analysts said in a note this week that the popularity of environmental, social and governance (ESG) investing has waned after a stellar run. Analysts at Bank of America Head of US Sustainability Research attribute the 2016-2021 ESG boom to three factors: a global regulatory push, especially in…
-
ESG investing has lost its sheen By Investing.com
•
Bank of America analysts said in a note this week that the popularity of environmental, social and governance (ESG) investing has waned after a stellar run. Analysts at Bank of America Head of US Sustainability Research attribute the 2016-2021 ESG boom to three factors: a global regulatory push, especially in…
-
Deutsche Bank says S&P 500 pullback is coming By Investing.com
•
Strategists at Deutsche Bank suggest that the pair could be on the cusp of another pullback, following a previous successful prediction earlier in April when they predicted a pause in the market rally. Their predictions proved accurate as the S&P 500 saw a 4.6% decline in the two weeks following…
-
EV wave still on horizon, but smaller than prior tsunami By Investing.com
•
Bank of America analysts are anticipating a slower wave of electric vehicles (EV) than previously expected in their latest note covering the sector. While electric and hybrid vehicles will still account for nearly 60% of new car offerings by 2028, the bank notes that this represents a decline from 64%…
-
Tariffs is the election-relation risk to US stocks: Goldman Sachs By Investing.com
•
Strategists at Goldman Sachs highlighted the potential impact of tariffs on US companies doing business abroad as the US election campaign gains momentum. According to the investment bank giant, tariffs can significantly impact the performance of stocks with high exposure to international revenues. “Tariffs will create headwinds to the performance…
-
Stocks that could benefit in the most likely US election outcome scenarios By Investing.com
•
As the US presidential election approaches in November, analysts expect stock market volatility to rise due to policy uncertainty. The investment bank advises against making material changes to strategic portfolio allocations based solely on elections, but recommends considering election risk management in the near term. “We expect stock market volatility…