Investing.com -- A revamped European Union fiscal framework could restrain the budgets of many of the bloc's member states to make critical investments, analysts at Bank of America Securities argued on Friday.
The restructured rules, which came into force on April 30 after they were agreed upon by lawmakers in Brussels earlier this year, have been widely viewed by economists as a push to persuade the EU's 27 member governments to rein in expenditures and ratchet down... (continue reading...)
Investing.com - Equity markets have surged to all-time highs, but with U.S. economic data starting to cool, Bank of America Securities predicts more difficult times ahead, especially in Europe.
The blue chip Dow Jones Industrial Average passed the 40,000 level for the first time ever earlier this week, and record highs have also been seen by major indices in Europe and Asia as investors took advantage of expectations of lower interest rates globally.
These markets have... (continue reading...)
Investing.com -- Main U.S. indexes traded largely flat Friday, searching for direction after the major stock indices hit record highs and as the earnings season draws to an end.
Here are some of the biggest U.S. stock movers today:
Reddit (NYSE: RDDT) stock rose 13% after the social media platform entered a partnership with artificial intelligence major OpenAI to add its content to the firm’s AI products.
Tesla (NASDAQ: TSLA) stock... (continue reading...)
Investors are growing increasingly skeptical about owning AMD (NASDAQ: AMD) stock, a Mizuho desk analyst highlighted in a new note.
“Why add AMD if I own NVDA and AVGO here that are cheaper and feel much lower risk?” appears to be the key pushback among market participants, the analyst said.
The chipmaker’s shares rose to an intraday high of $168 on Thursday, amid a broader surge in the technology sector driven by the recently released softer-than-expected... (continue reading...)
Investing.com -- Shares in Robinhood (NASDAQ: HOOD) rose by more than 5% in premarket U.S. trading on Friday after analysts at Bank of America Securities upgraded their rating of the trading platform operator.
In a note improving their outlook to "Buy" from "underperform," the BofA analysts said they have seen rising engagement from retail investors and "accelerating organic growth" at Robinhood, adding that the firm's valuation is "attractive" in the wake of elevated... (continue reading...)
More Investing
View Older Stories-
Tesla eyeing plan for China data to power self-driving ambitions - Reuters
-
Best case scenario for S&P 500 'may be coming into play': Stock Trader's Almanac
-
Morgan Stanley: Valuations appear rich, reaffirms 4500 price target on S&P 500
-
Piper Sandler sees Fed cutting rates three times over the next 8 meetings
-
Dollar selling "looks exaggerated" - HSBC
-
Nvidia earnings preview: Here's what Citi, Piper Sandler analysts expect to see
-
Dollar steadies, but on track for sharp weekly loss
-
Goldman Sachs discusses what's next for natural gas prices
-
European stocks retreat ahead of key inflation release; HSBC falls
-
Futures muted, OpenAI and Reddit strike deal - what's moving markets
-
Bostic sees ongoing disinflation leading to possible cut, but nothing locked in
-
Reddit shares surge on OpenAI deal to add content to ChatGPT
-
US futures flat as Fed comments cool rate cut optimism
-
Japanese stocks need these conditions to make new highs in H2 2024- Citi
-
Oil prices steady, set for mild weekly gains amid demand hopes
-
Alibaba rallies to 7-mth high as ‘Big Short’ investor Burry increases stake
-
China industrial production grows in April, retail sales disappoint
-
Asia FX weakens as dollar recovers amid waning rate cut cheer
-
Gold prices trim some weekly gains on tempered rate cut hopes
-
Investors trim UW positions on China stocks despite US trade tiff - MS
-
Baidu: MS downgrades to ‘equal-weight’ on weak ads, sluggish AI monetization
-
Applied Materials reports upbeat guidance after Q2 results top estimates
-
Midday movers: Walmart, Chubb and Trade Desk rise; Meta, GameStop fall
-
This analyst thinks AMC stock could surge 60%
-
1 month of in-line CPI not enough to start Fed rate cut countdown: Macquarie
-
OPEC+ likely to role over output cuts - UBS
-
Major prime broker Nomura is accumulating shares of this company, 13F shows
-
Initial jobless claims dip to 222,000 last week, but still above estimates
-
Fed not ready to cut yet even after CPI - Williams
-
Walmart first-quarter adjusted earnings beat estimates
-
AMD replaces Nvidia on Wolfe's top stocks list
-
Evercore ISI says Tesla is Dell's new big AI customer, raises stock target
-
'Unlikely the Fed will move aggressively' on rates: Wells Fargo
-
UBS sees two Fed cuts in 2024, yields falling below 4%
-
Petrobras ADRs plummet with change of CEO; Jefferies downgrades stock
-
Inflation may be cooling, but Macquarie continues to call for no cuts this year
-
Berkshire Hathaway reveals $6.7 bln stake in Chubb, shares hit record high
-
US stock futures rise as cooling inflation powers Wall St to record high
-
Oil prices rise as softer CPI dents dollar, US inventories shrink
-
Asia FX rises as CPI data dents dollar, puts rate cuts in focus
-
Gold prices near $2,400 as CPI data puts rate cuts in focus
-
China stock rebound rally still has legs- CICC
-
European stocks retreat on downbeat earnings; bucking global rally
-
Futures rise after CPI-powered rally, Walmart to report - what's moving markets
-
At some point, weak data is bad news: Roth MKM
-
Dollar stabilizes after sharp CPI-induced fall; euro hands back some gains
-
Kashkari backs higher for longer rates amid doubt on whether policy is restrictive
-
Central Banks are exiting U.S. bonds and moving into gold, says Julius Baer
-
Central Banks are exiting U.S. bonds and moving into gold, says Julius Baer
-
Cisco lifts annual revenue guidance after Q3 results top estimates