Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades, downgrades and initiations, please see our analyst ratings page. Deutsche Bank analyst Scott Deuschle downgraded the rating for L3Harris Technologies, Inc. (NYSE:LHX) from Buy to Hold, but increased the price target from $245 […]
Nvidia, McDonald’s And 2 Other Stocks Insiders Are Selling
Avi Kapoor | July 24, 2024
The Nasdaq 100 closed lower by around 0.4% during Tuesday’s session. Investors, meanwhile, focused on some notable insider trades. When insiders sell shares, it could be a preplanned sale, or could indicate their concern in the company’s prospects or that they view the stock as being overpriced. Insider sales should not be taken as the […]
NVIDIA To Rally Around 19%? Here Are 10 Top Analyst Forecasts For Monday
Avi Kapoor | July 22, 2024
Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page. Goldman Sachs cut the price target for Lennar Corporation (NYSE:LEN) from $180 to $174. Goldman Sachs analyst Susan Maklari downgraded the stock from Buy to […]
Analyst Is No Longer Bullish; Here Are Top 5 Downgrades For Wednesday
Avi Kapoor | July 17, 2024
Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades, downgrades and initiations, please see our analyst ratings page. HSBC analyst Frank Lee downgraded the rating for QUALCOMM Incorporated (NASDAQ:QCOM) from Buy to Hold and announced a price target of $200. Qualcomm shares […]
Tesla’s Rival Reports 88% Increase
Shivani Kumaresan | July 15, 2024
BYD Company (OTC:BYDDY), a Chinese new energy vehicle (NEV) manufacturer, reportedly sold 1,084 vehicles in Japan during the first half of 2024. This represents an 88% year-on-year increase, placing BYD at No. 14 in Japan’s automobile import sales rankings, up from No. 19 last year. Despite these gains, BYD’s sales figures remain modest in Japan, […]
Why Are Lucid Shares Surging Friday?
Vaishali Prayag | July 12, 2024
Shares of Lucid Group (NASDAQ:LCID) are moving higher on Friday potentially following recent comments from CEO Peter Rawlinson about the company’s growth strategy and funding needs. What To Know: Rawlinson emphasized the need for continued fundraising to support Lucid’s ambitions of becoming a major player in the EV market. He highlighted the partnership with Saudi […]
Bitcoin Mining Stocks Marathon Digital, CleanSpark And Riot Platforms Are Rising: What’s Going On?
Adam Eckert | July 11, 2024
Bitcoin (CRYPTO: BTC) mining stocks including Marathon Digital Holdings Inc (NASDAQ: MARA), CleanSpark Inc (NASDAQ: CLSK) and Riot Platforms Inc (NASDAQ: RIOT) are rising Thursday as bitcoin bounces off recent lows. Here’s a look at what you need to know. What To Know: Bitcoin is up about 0.35% over the last 24 hours and has risen approximately 1.56% over the past week. The bounce back Thursday appears to be driving strength […]
Honeywell’s $1.81B Power Play
Shivani Kumaresan | July 10, 2024
Honeywell International Inc (NASDAQ:HON) has agreed to acquire Air Products And Chemicals, Inc.’s (NYSE:APD) liquefied natural gas (LNG) process technology and equipment business for $1.81 billion in an all-cash transaction. This acquisition, which is approximately 13 times the estimated 2024 EBITDA, will significantly enhance Honeywell’s energy transformation offerings. The acquisition will enable Honeywell to offer […]
U.S. Spending Like ‘Drunken Sailor,’ MMT Godfather Slams Government
Benzinga Neuro | July 8, 2024
Warren Mosler, a prominent figure in Modern Monetary Theory (MMT) and American entrepreneur, echoed the sentiments of experts such as Stanley Druckenmiller, Citadel’s Ken Griffin has criticized the U.S. government’s spending habits, comparing them to a “drunken sailor.” What Happened: Mosler expressed his concerns on the Odd Lots podcast. He highlighted the perilous mix of […]
Wall Street Eyes Cautious Start, Nvidia Falls: Optimistic Analyst Says S&P 500 Could Challenge All-Time Highs
Shanthi Rexaline | July 1, 2024
U.S. stocks could start the week on a tentative note, going by the trading in the futures market. The subdued mood comes on the back of a very solid performance so far this year. Nvidia Corp. (NASDAQ:NVDA) will likely extend its slide and exert downward pressure on tech stocks. A bullish analyst, on the other […]