FedEx Corporation (NYSE: FDX) is trading up after the bell even though its reported lower-than-expected revenue for its fiscal second quarter on lower volumes, teasing an economic downturn. Analyst…
Shares of Nike Inc (NYSE: NKE) are up 10% in extended trading after the sports shoes and apparel company reported strong results for its second financial quarter. Analyst reacts to…
Investing
Amazon attempts to break below support, but Evercore thinks it’s a “Buffett buy” stock
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After losing half of its value year-to-date, investors seem not done yet with Amazon.com, Inc. (NASDAQ:AMZN) stock. AMZN traded lower on Tuesday as stock markets weighed on the impending recession.…
Walt Disney Co (NYSE: DIS) is trading slightly up on Tuesday after a Wells Fargo analyst issued a bullish note in favour of the entertainment and media conglomerate. Disney shares…
Germany’s DAX index remains under pressure after hawkish messages from major central banks, and investors continue to worry that higher interest rates will harm the global economy. The European Central…
S&P 500 has been a down and down again story in recent days but Hightower’s Stephanie Link is not giving up on hopes of a Santa Claus rally through the…
Wells Fargo & Co (NYSE: WFC) is in focus on Monday after the Wall Street bank settled with the Consumer Financial Protection Bureau over “widespread mismanagement” of auto loans, mortgages…
In cryptocurrency news related to OKX, the crypto exchange platform that powers OKC (OKX Chain), users can now access a new feature set to boost the chain’s DeFi activity. This…
Tesla Inc (NASDAQ: TSLA) remained in the headlines this morning following a CNBC report that Elon Musk is actively looking for a new Chief Executive to run Twitter. Tesla stock…
Investing
Should you buy or sell the S&P 500 index after failing to hold above 4,000 points?
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2022 turned out to be the year of central banks tightening their monetary policy. Even the last major central bank that did refuse to tighten gave up today, as I…