China’s factory output and consumption beat forecasts, while property investment contraction slows

China’s factory output and consumption beat forecasts, while property investment contraction slows

Staff sort parcels on the mail sorting assembly line at the Postal Delivery Logistics Joint Distribution Center in Mengshan County, Wuzhou City, Guangxi Province, China, on January 28, 2026. (Photo by Costfoto/NurPhoto via Getty Images) Costfoto | Nurphoto | Getty Images China’s economy started on a strong footing this year, with consumption and production both…

Read More
Buy Carvana as it takes bigger market share in used car space, says Barclays

Buy Carvana as it takes bigger market share in used car space, says Barclays

Barclays believes that Carvana has significant opportunity to improve its market share in the used car space. The bank initiated coverage of the online car seller with an overweight rating. Analyst John Babcock’s $390 price target implies that shares of Carvana could rise 19% from Tuesday’s close. Babcock believes that Carvana could specifically benefit as…

Read More
GM overbought, AT&T oversold after active week of trading off earnings

GM overbought, AT&T oversold after active week of trading off earnings

Another strong week for stocks drove companies including General Motors to become overbought, according to one popular technical metric. Other stocks are also considered oversold after a busy earnings week. Each of the leading U.S. stock indexes closed higher this past week. All three major averages closed at record highs Friday after cooler-than-expected September inflation…

Read More