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Fear Among US Investors Is Increasing, Here's Why
Wednesday, September 21, 2022 - 5:49am | 298The CNN Money Fear and Greed index showed a rise in the fear level among U.S. investors after the Dow Jones closed lower by around 300 points on Tuesday. The Federal Open Market Committee started its two-day policy meeting on Tuesday. Investors are bracing for another big rate increase from the...
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US Stock Futures Edge Higher; All Eyes On Fed Decision
Wednesday, September 21, 2022 - 5:12am | 795Pre-open movers U.S. stock futures traded slightly higher in early pre-market trade on Wednesday after recording losses on Tuesday. The Dow Jones closed lower by more than 300 points, while the Nasdaq Composite fell over 100 points in the previous session. The Federal Reserve will announce its...
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General Mills, Lennar And 3 Stocks To Watch Heading Into Wednesday
Wednesday, September 21, 2022 - 4:23am | 278With US stock futures trading slightly lower this morning on Wednesday, some of the stocks that may grab investor focus today are as follows: Wall Street expects General Mills, Inc. (NYSE: GIS) to report quarterly earnings at $1.00 per share on revenue of $4.72 billion before the opening bell....
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Bitcoin Declines Below $19,000; Here Are The Top Crypto Movers For Wednesday
Wednesday, September 21, 2022 - 3:39am | 526Bitcoin (CRYPTO: BTC), the world’s most valued cryptocurrency, traded lower, falling below the $19,000 level this morning. The second-most valued cryptocurrency, Ethereum (CRYPTO: ETH), continued its bear run, trading around the $1,300 mark. Other popular crypto coins, including Solana (...
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Monday's Market Minute: A Busy Week for Investors and Traders
Monday, September 19, 2022 - 1:43pm | 417The Fed is the primary focal point. Let’s begin our look at the week ahead with the 2-day FOMC policy meeting, which begins Tuesday, with Fed Chair Jerome Powell expected to announce a 75-basis-points rate hike on Wednesday afternoon. However, there has been some speculation as to whether or...
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This Analyst Cuts PT On Adobe, Plus Barclays Predicts $240 For FedEx
Monday, September 19, 2022 - 7:19am | 425Wells Fargo lowered the price target for Adobe Inc. (NASDAQ: ADBE) from $425 to $310. Adobe shares fell 1.2% to $296.04 in pre-market trading. Mizuho boosted the price target on AvalonBay Communities, Inc. (NYSE: AVB) from $212 to $220. AvalonBay Communities shares rose 0.3% to close at $201....
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Netflix To Surge More Than 30%, Plus This Analyst Predicts $24 For Nordstrom
Thursday, September 15, 2022 - 8:27am | 414Evercore ISI Group raised the price target for Netflix, Inc. (NASDAQ: NFLX) from $245 to $300. Netflix shares rose 2% to $228.50 in pre-market trading. Berenberg boosted the price target on Hyatt Hotels Corporation (NYSE: H) from $85 to $105. Hyatt shares rose 0.9% to $94.10 in pre-market...
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Starbucks To Rally Around 10%? Here Are 5 Other Price Target Changes For Thursday
Thursday, September 15, 2022 - 8:08am | 321Deutsche Bank raised the price target on Starbucks Corporation (NASDAQ: SBUX) from $93 to $101. Deutsche Bank analyst Brian Mullan maintained the stock with a Buy rating. Starbucks shares fell 0.3% to $92.45 in pre-market trading. Jefferies cut Macy's, Inc. (NYSE: M) price target from $30...
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McDonald's Bets Big On Chicago By Relocating Speedee Labs Services
Wednesday, September 14, 2022 - 2:50pm | 245McDonald's Corp (NYSE: MCD) is planning to establish a new facility, Speedee Labs, focused on driving the customer experience at its global headquarters (MHQ) in Chicago. The facility will bring teams from McDonald's corporate office and the existing Innovation Center (IC) in...
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Lululemon Raises Outlook As Revenue Soars
Tuesday, September 13, 2022 - 1:27pm | 314Lululemon (NASDAQ: LULU) reported a 29% year-over-year increase in second-quarter revenue to $1.87 billion, surpassing analysts’ estimates of $1.77 billion. Net income reached $289.5 million. Compared to the second quarter of 2019, revenue ballooned 112%, or $1 billion....
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Marriott And 3 Other Stocks Insiders Are Selling
Monday, September 12, 2022 - 10:02am | 700U.S. crude oil futures traded higher this morning. Investors, meanwhile, focused on some notable insider trades. When insiders sell shares, it indicates their concern in the company’s prospects or that they view the stock as being overpriced. Either way, this signals an opportunity to go...
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Christmas In October? Macy's Prepping For Holiday Shopping Surge, Earlier Than Ever
Thursday, September 8, 2022 - 1:59pm | 259Macy's Inc (NYSE: M) is expecting an early start to holiday season shipping this year, Reuters reported. The statement is in contrast to Best Buy Co Inc's (NYSE: BBY) standing that there was uncertainty about shopping trends due to inflation-driven uncertainty...
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Mattel Introduces First Autistic Character In 'Thomas & Friends' Franchise
Wednesday, September 7, 2022 - 1:48pm | 177Mattel Inc (NASDAQ: MAT) has introduced Bruno, the first autistic character in the Thomas & Friends franchise. Bruno is a joyful, pun-making brake car. Mattel Television developed Bruno in collaboration with the Autistic Self Advocacy Network (ASAN) and Easterseals Southern...
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Lowe's Marketing Chief Leaves Company: CNBC
Wednesday, September 7, 2022 - 7:45am | 287Lowe's Companies Inc (NYSE: LOW) Chief Marketing Officer Marisa Thalberg has left the company as part of the reorganization process, CNBC reported. The move follows the recent trend of leadership changes in the retail industry. Also Read: Bed Bath & Beyond CFO Gustavo Arnal...
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Target, McDonald's Seek To Raise $2.5B Via Bond Offerings
Wednesday, September 7, 2022 - 7:15am | 319In separate SEC documents, Target Corporation (NYSE: TGT) filed to raise about $1 billion in bonds due 2032 and McDonald's Corp (NYSE: MCD) about $1.5 billion in two-part bonds due 2052 and 2032. As per the Reuters report, the move comes ahead of a...