News
The S&P 500 Poised for a 5% Increase in the Coming Months
A well-established strategist predicts a potential 5% increase for the S&P 500 based on historical performance.
Morgan Stanley's New Top Chip Recommendation
Morgan Stanley analyst Joseph Moore has made a significant change to his top chip pick, favoring Western Digital over Nvidia. Moore highlights Western Digital's growth potential and the value it offers to investors. Categories: Finance, Technology, Investing. Tags: Morgan Stanley, chip stocks, Western Digital, Nvidia. Keywords: Morgan Stanley, chip stocks, Western Digital, Nvidia, growth potential, value, investors.
Stocks in Toronto Await Decision on Interest Rates
Stocks in Toronto await the decision of the Canadian central bank on interest rates. Mixed sector performance, including gains in consumer discretionary stocks and other market movers, are influencing the market.
Former President Donald Trump's Momentum Boosts DWAC Stock
Shares of DWAC have surged thanks to Trump's popularity, with potential for further market fluctuations. Despite recent gains, the stock is still significantly lower than its March 2022 highs.
Endeavour Mining Reports Strong Gold Production
Endeavour Mining meets gold production expectations for Q4, plans for future growth in 2024, and announces $200 million in dividends for the year.
The Compensation Conundrum: Musk vs. Reality
Tesla's fourth-quarter earnings and the controversy surrounding Elon Musk's pay. The disparity between reported compensation and industry standards.
Telecom Equipment Providers Nokia and Ericsson Face Dim Outlook
Telecom equipment providers Nokia and Ericsson face a challenging future as analyst downgrades ratings and lowers target prices.
ABB Under Congressional Scrutiny for Ties with Chinese Company
ABB is facing congressional scrutiny in the United States for its ties with Chinese company ZPMC, with concerns raised about intelligence and supply-chain risks. ABB shares fell 3.5% in response to the news.
European Commission Likely to Reject Amazon's iRobot Deal
The European Commission is expected to reject Amazon's proposed acquisition of iRobot, causing a significant drop in iRobot shares.
Student Loan Borrowers to Receive $4.9 Billion in Debt Cancellation
Approximately 74,000 student loan borrowers are set to receive $4.9 billion in debt cancellation as part of the Biden administration's initiatives to provide relief and streamline forgiveness programs.