Analysis-'Overdue' pullback in US stocks to test dip-buyers' resolve
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- Wall St slides as oil hovers near $100 on rising Middle East tensions
- Meta stock jumps 5% premarket: Analysts bullish on new Muse AI agent
- Oil nears $100 as fresh Middle East strikes raise supply risks
- How big a risk are rates to the AI boom?
- 3 reasons why S&P 500 may drop up to 10% in the near term: RBC
- Harry and Meghan surprised by King Charles' letter on their status
- Citi initiates UiPath coverage with Buy rating and $23 target
- S&P 500 falls as AI worries hit software makers
- WestPark Capital Starts Akebia Therapeutics (AKBA) at Buy
- After an 18% summer selloff in chip stocks, Citi asks what comes next
- After-Hours Movers: LULU, IOT, PATH, DOCU, ASAN, GWRE, ZS, PL, SWBI, OXM
- After-Hours Movers: AVGO, SNOW, HPE, NTAP, NTSK, CHPT, FIVE, TLYS, PVH, RARE
- After-Hours Movers: DELL, PANW, GTLB, CRDO, MDB, HPE, SMCI
- After-Hours Movers: WDAY, ADSK, S, RBRK, MRVL, ULTA, GAP, AFRM
- After-Hours Movers: NVDA, CRM, SNPS, CRWD, OKTA, NTNX
Geopolitical shocks should be bought, not sold - BofA
April 22, 2024 10:14 AM EDTBank of America Securities analysts said in a research note Monday that they believe geopolitical shocks should be bought, not sold.
The bank is constructive, however, they note that further escalations in the Middle East could evolve into a tail risk.
Furthermore, BofA states that a... More
UBS and BofA weigh in on S&P 500 earnings so far
April 22, 2024 6:24 AM EDTAnalysts at Bank of America Securities and UBS have released notes providing their view of S&P 500 earnings so far, with guidance and margins highlighted as strong points.
72 S&P 500 companies (21% of index earnings) have reported so far.
BofA said in its note on Monday that demand has been weak, but margins are strong. There is a 6% earnings per share (EPS) beat and a 1% sales beat.
The proportion of sales beats is weaker than the historical average (59%),... More
