RBC Capital Markets believes that stronger-than-expected corporate profits will keep the the S & P 500 higher through the end of the year than previously forecast. In a Monday note, RBC head of U.S. equity strategy Lori Calvasina lifted her year-end forecast for the S & P 500 to 6,350 from 6,250. Calvasina’s updated level…
Check out some of the companies making the biggest moves midday: Tesla — CEO Elon Musk disclosed he bought $1 billion worth of shares of the electric vehicle maker on Friday, helping send the stock 6% higher. On Semiconductor , Analog Devices , Texas Instruments — China launched an antidumping probe into certain analog chips…
Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Monday’s key moments. 1. The S & P 500 hit an all-time high Monday as the market welcomed President Donald Trump ‘s positive update that trade talks between the U.S. and China were…
(PRO Views are exclusive to PRO subscribers, giving them insight on the news of the day direct from a real investing pro. See the full discussion above.) NYSE insider Jay Woods gives what pro traders are watching into the Federal Reserve rate decision Wednesday, seeing a potential breakout in a popular trade on the central…
If you purchased your house in the 1990s or early 2000s, there’s a good chance it’s worth exponentially more than what you paid for it. A Realtor.com analysis of seller data found that home values have increased 90% on average in the past 20 years. That means a house purchased in 2005 for $229,000 (the…
My top 10 things to watch Monday, Sept. 15 1. President Donald Trump implied in a social media post this morning that a TikTok deal has been reached with China, and he plans to speak with Chinese President Xi Jinping this coming Friday. Trade officials from both countries were talking in Spain over the weekend….
Check out the companies making the biggest moves in premarket trading: Tesla — CEO Elon Musk disclosed he bought $1 billion worth of shares of the EV maker on Friday, helping send the stock nearly 8% higher. Nvidia — The dominant maker of semiconductors for artificial intelligence applications shed almost 2% after China’s market regulator…
Citi believes Union Pacific looks “too compelling to ignore.” Analyst Ariel Rosa upgraded the railroad to buy from neutral. He also raised his price target to to $251 from $250. Rosa’s revised forecast is approximately 17% above where Union Pacific closed on Friday. Rosa pointed to more clarity on Union Pacific’s planned merger with fellow…
Sometimes I think there is the data center, and then there is everything else. If your business is not affiliated with the data center, then it is not going to get a premium stock multiple. If it is, the sky is the limit. We know there are moments when the data-center-as-a-theme seems to dissipate. We…
European stocks are expected to see a mixed start to the new trading week ahead of the U.S. Federal Reserve’s meeting on Wednesday. <
