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The US is dealing with a rare bifurcation of the economy, and it's raising the odds of recession, Piper Sandler chief economist says

Big companies are weathering high interest rates. Consumers, meanwhile, are facing rising debt as i…

Yuheng Zhan   


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Tesla's long wait times are a bullish sign – and Elon Musk's carmaker could see its stock jump 62%, Piper Sandler says

The wait for a Tesla Model Y in the US has jumped, which may signal robust demand for the electric …

Zahra Tayeb   


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Teens named clothing their top spending priority for the first time in 7 years - here are their favorite apparel brands

"Within apparel, athletic is still the dominant trend with Nike and lululemon taking new highs," Pi…

Sarah Jackson   


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3 mins read

Adam Sandler is Gen Z's favorite celebrity, thanks to Netflix and nostalgia

A new survey shows teens love Adam Sandler. His groundbreaking Netflix deal - which was renewed aga…

Juliana Kaplan   


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2 mins read

Teens are embracing thrift stores, and it could be a wakeup call for retailers like TJ Maxx and Macy's

More teens are saying they're buying and selling clothes secondhand, according to Piper Sandler's l…

Madeline Stone   


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Lumber prices could climb another 12% this year after hitting a record high in April, Piper Sandler strategist says

Piper Sandler's technical market strategist, Craig W. Johnson, says lumber prices will rise to over…

Will Daniel   


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9% of US teens say they have traded cryptocurrencies - and 81% of those are male, a Piper Sandler survey finds

While there are no official age requirements to buy cryptocurrencies, most popular crypto exchanges…

Emily Graffeo   


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Nio has a shot at earning 'Tesla of China' moniker after solid quarter, cash infusion, Piper Sandler says

"We think it's possible NIO deserves more airtime than it's getting," analyst Alexander Potter sai…

Carmen Reinicke   


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S&P 500 will 'unequivocally' soar higher than its recent record by the end of the year, Piper Sandler senior technical analyst says

Craig Johnson has an S&P 500 price objective of 3,600 for the end of the year, but he said there wi…

Emily Graffeo   


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After monster 3,590% rally off pandemic low, Overstock can still jump another 50% as it benefits from 'seismic forces,' Piper Sandler says

Overstock has benefited from a "well-timed" refocus of its business on the online home furniture bu…

Matthew Fox   


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Instagram has surged to a new high among US teens, new data reveals

Instagram usage is at a high among US teens, per Piper Sandler. But TikTok is still teens' favorite.

Sydney Bradley,Dan Whateley   


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The stock market is overvalued, but that's no reason to turn bearish, analyst says

"Stocks can remain at rich valuations as long as a 'fear' catalyst doesn't arise from the usual sus…

Matthew Fox   


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The economy is in an industrial recession and higher oil prices could spark a full downturn, Wall Street economist says

Manufacturing activity in September contracted for the sixth consecutive month, per the latest ISM …

Jennifer Sor   


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3 mins read

Stanley cups are 'on the way out' along with skinny jeans, wealthy teens say

Piper Sandler says Stanley's multi-colored insulated cups still have considerable caché among teens…

Dominick Reuter   


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3 risks that could derail the Trump trade in stocks, Morgan Stanley says

The firm says investors should be closely monitoring bond yields and the US dollar for signs of whe…

Filip De Mott   


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Duolingo put its sarcastic teen chatbot to work on its earnings call

The language-learning company kicked off its latest earnings call with a sarcastic chatbot who talk…

Shubhangi Goel   


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AMD still has a gap to close with Nvidia's AI chips

Shares for AMD dropped after its third quarter earnings call. CEO Lisa Su said that gaining trust i…

Helen Li   


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4 mins read

Why Roblox investors are shrugging off a blistering short-seller report

Roblox dropped 10% after Hindenburg accused it of inflating user numbers. But the stock rebounded, …

Lucia Moses   


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2 mins read

Forget the Robotaxi: Wall Street cares about Tesla's business basics

CEO Elon Musk's big Robotaxi event fell flat with Wall Street. But analysts liked Tesla's third-qua…

Kelsey Vlamis,Lloyd Lee   


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Stock market today: Indexes trade mixed as investors sift through big bank earnings

Gains were muted Tuesday morning as investors parsed through the latest earnings from Citigroup, Go…

Filip De Mott