Netflix stock price forecast ahead of earnings: buy or sell?
Netflix stock price pulled back this month as investors waited for the upcoming earnings. NFLX retreated to a low of $1,260 on Monday, down from the year-to-date high of $1,340.…
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US stocks climb at open: S&P up 0.5%, Nasdaq surges around 1%
US equities advanced on Tuesday as investors digested June inflation data and looked ahead to the second-quarter earnings season. The S&P 500 rose 0.5%, the Nasdaq Composite gained 0.8%, while…
Are Pony AI US operations really up for sale?
Pony AI Inc (NASDAQ: PONY) chief executive James Peng, says the company’s US operations are not officially on the market, but the door isn’t entirely closed either. In an interview…
Dow Jones forecast ahead of earnings season as fear and greed index surges
The Dow Jones Index has surged and entered a bull market in the past few months. After crashing at $36,615 in April, the blue-chip index has rebounded by over 21%…
Rivian faces downgrades and demand concerns amid EV incentive cuts
Electric vehicle (EV) manufacturer Rivian Automotive Inc. (NASDAQ: RIVN) has come under pressure from Wall Street, with Guggenheim downgrading the stock from “Buy” to “Neutral,” and removing its previous $16…
Kenvue stock rises on CEO exit as company launches strategic review and warns of lower sales
Kenvue, the Johnson & Johnson spinoff that owns brands such as Tylenol and Benadryl, announced Monday that Chief Executive Officer Thibaut Mongon has stepped down. Kenvue shares were up by…
Why India is rushing to build bigger banks and what’s standing in the way
India is stepping up efforts to expand its banking sector, aiming to fuel its rapid economic growth and inch closer to its $5 trillion GDP target. To realise this, the…
Wall Street braces for weakest earnings season since 2023 amid market highs
As the second-quarter earnings season kicks off, US equity markets are hovering near record highs, buoyed by optimism that many now hope will be validated by incoming corporate results. Yet…
Top 4 catalysts for the S&P 500 Index and its ETFs like VOO and SPY
The S&P 500 Index and its top ETFs, like VOO and SPY will be in the spotlight this week as the market reacts to several notable events like macroeconomic data…
AMC shares pop 9% after Wedbush upgrades to outperform
AMC Entertainment (NYSE: AMC) shares surged 9% on Friday after it received a vote of confidence from Wedbush. The firm upgraded the stock from “Neutral” to “Outperform” and raised its…