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2 mins read
Wall Street says buy stocks that pay dividends with $6 trillion of cash ready to be deployed
"We see more opportunities within equities for investors searching for yield," Bank of America's Sa…
Matthew Fox
2 mins read
Apple stock has 25% upside amid 4 potential catalysts from next week's iPhone 16 reveal, Goldman Sachs says
An unexpected price increase to the lineup of iPhone 16 models would provide Apple with a direct re…
Matthew Fox
1 min read
AT&T spikes after it completes WarnerMedia spinoff and is upgraded to 'buy' at JPMorgan
"A more communications-focused company, AT&T now looks more like Verizon than it has in years after…
Matthew Fox
2 mins read
AT&T sinks after it says it will slash annual dividend 47% following WarnerMedia spinoff
AT&T will now pay an annual dividend of $1.11 per share, giving it a dividend yield of 4.3% based o…
Matthew Fox
2 mins read
AT&T's stock could jump roughly 50% from current levels as its newly formed media conglomerate with Discovery unlocks value, BofA says
Bank of America calculates that the transaction with Discovery could add a range of $1 to $16 a sha…
Emily Graffeo
2 mins read
US stocks edge higher as investors digest earnings following worst monthly performance in 2 years
UPS and AMC were contributing to gains on Wall Street. AT&T sank after announcing it would slash it…
Carla Mozée
2 mins read
Netflix will surge 28% to Street-high price target of $650 on increasing users and prices, Pivotal Research says
Netflix is "due for an increase" in price as early as January 2021, according to Pivotal Research G…
Matthew Fox
2 mins read
US stocks fall as weakening data suggests recession coming for the economy
"A recession is all but certain, so the more important question is if markets will hit new lows as …
Matthew Fox
2 mins read
Sony's growing exposure to anime content makes it a top stock to buy, according to Goldman Sachs
"Crunchyroll is now positioned as the most appealing platform for Japanese anime fans both in terms…
Matthew Fox
2 mins read
Roku jumps 8% after inking long-awaited distribution deal with HBO Max
The deal comes just in time for Roku users who were seeking to stream the highly anticipated "Wonde…
Matthew Fox
2 mins read
US stocks fall after jump in jobless claims and weak corporate earnings results
The Philly Fed Factory index contracted in April, representing the eighth consecutive monthly readi…
Matthew Fox
2 mins read
Nasdaq surges 3% to reclaim key level for the first time since April as investors assess earnings
Of the 43 S&P 500 companies that have already reported results, about 60% beat profit and sales exp…
Matthew Fox
2 mins read
US stocks gain as investors assess latest wave of 2nd-quarter earnings results
Of the 43 S&P 500 companies that have already reported results, about 60% beat profit and sales exp…
Matthew Fox
7 mins read
What are cyclical stocks? High-profit but volatile stocks whose prices rise and fall as economy grows and declines
Cyclical stocks are ones that are particularly sensitive to economic trends, the phases of the busi…
Robin Kavanagh
2 mins read
US stocks plummet as Treasury yields soar to 3-year highs and investors assess COVID-19 outbreak in China
The 10-Year US Treasury yield surged to a high of 2.78% on Monday, representing its highest level s…
Matthew Fox
3 mins read
Tech Mahindra shares are rising ahead of earnings because every two out of five rupees in revenue come from telecom
The pessimism, worsened by the spread of COVID-19 coronavirus pandemic, has reflected in t…
3 mins read
Global stocks fall as focus turns to ECB's upcoming rate hike, as US earnings optimism takes a knock
There's doubt about the size of the ECB's first interest rate hike in 11 years, while mixed earning…
Karen Friar
2 mins read
GMO trimmed mega-cap tech stocks last quarter as Jeremy Grantham sounded the alarm over a coming market crash. These were the 7 biggest trades.
The asset management firm counts Microsoft as its top holding, followed by Apple, United Health, an…
Matthew Fox
2 mins read
US stocks close higher as investors find support from earnings and economic data
ExxonMobil was among Tuesday's winners. Energy stocks helped push the S&P 500 higher, helping drive…
Carla Mozée
4 mins read
There's still a bull case for the stock market even as inflation runs hot and rates rise
Stocks are fighting for upside traction but don't rule out a bull market. This and more, in today's…