Wells Fargo boosts end-2024 target on S&P 500 to Street-high of 5,535
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- S&P 500 ends higher as strong inflation data cements rate-hike bets
- Oracle raises full year profit guidance, stock rises after hours
- Oil falls but head for 8% weekly gain on tight supply; US diesel hits record
- 'No panic anywhere' may be the problem, BofA strategists warn
- Buy Shopify stock at this ’AI-enabled entry point,’ analyst says
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Biden Says Inflation News May Delay Rate Cut - Reuters
April 10, 2024 1:40 PM EDTBiden Says Inflation News May Delay Rate Cut, We Have A Plan To Deal With Inflation - Reuters
... MoreBuy these 2 software stocks as they are 'having the lowest AI uncertainty' - analyst
April 8, 2024 5:30 PM EDTAnalysts at Piper Sandler flagged two software stocks as their highest conviction names in a note Monday, stating they have the lowest artificial intelligence uncertainty.
The firm declared that "relentless rain," is the phrase that sums up sentiment on application software during March and early April.
"Storm clouds tied to a) tepid guidance reaffirming macro headwinds could persist for... More
Fed's Goolsbee: Undeniable That Many Are Upset With Economy
April 8, 2024 1:45 PM EDTFed's Goolsbee: Undeniable That Many Are Upset With Economy, US Economy Was On 'Golden Path' in 2023 - Reuters
... MoreFed's Goolsbee: Economy Remains Strong, Jobs Data Confirms That
April 8, 2024 1:42 PM EDTFed's Goolsbee: Economy Remains Strong, Jobs Data Confirms That, Has To Determine How Long To Be Restrictive On Monetary Policy - Reuters
... MoreAnalysts increasingly bullish on Energy stocks as rally continues
April 8, 2024 1:34 PM EDTAnalysts at BTIG and Oppenheimer noted the recent momentum in energy stocks in memos on Monday, with the firms saying they see further upside ahead.
Oppenheimer stated in its brief note that against a market grind, key action last week included a fresh breakout for... More
European stocks to outperform US over the next 12 months - Goldman
April 8, 2024 9:51 AM EDTGoldman Sachs forecasts better 12-month returns on STOXX Europe than the S&P 500, analysts at the firm said in a note Monday.
The bank notes that European equity trades at a deep discount to the US, far more so than historically.
"Some of this is AI-related, but... More
Large cap stocks, quality names to outperform if rates move higher - Morgan Stanley
April 8, 2024 8:23 AM EDTMorgan Stanley believes large-cap, quality equities will continue to outperform on a relative basis if rates move higher.
The investment bank explained in a note this week that the ~4.35% mark on the 10-year US Treasury yield would be an important technical level to watch for signs that rate... More
