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Here is your Pro Recap of the top takeaways from Wall Street analysts for the past week: upgrades for Kyndryl, Godaddy, Home Depot, and Ciena; downgrades for Yum! Brands.InvestingPro subscribers...
Retail sales, Fed speakers, Q4 earnings will be in focus this week. Goldman Sachs is a buy with strong earnings on deck. Morgan Stanley is a sell amid weak profit and sales growth. Looking for more...
Microsoft briefly toppled Apple to become the world's most valuable company, highlighting a potential shift in the tech industry. Apple is facing challenges in China, meanwhile, strong fundamentals...
This article delves into five distinct indicators that can offer valuable insights into potential shifts in direction or sentiment. Relative Strength emerges as a powerful tool, illuminating...
Bitcoin broke the consolidation phase post-ETF approval, and now the spotlight turns to today's trading. The impact of spot Bitcoin ETF approval and global economic data is set to be felt. The crypto...
Natural gas futures listed on Dutch hub TTF have continued a downward trend. But, prices in the US have been on the rise of late. Meanwhile, an International coalition has intervened in the Red Sea...
The Q4 earnings season kicks off this week, with several major banks due to publish their results tomorrow. JP Morgan, Bank of America, and Citigroup will publish their quarterly results on Friday...
The December CPI report is due on Thursday at 8:30AM ET. Headline annual inflation is seen rising 3.2% and core CPI is forecast to climb 3.8%. While the rate of inflation is declining, it’s not...
Nvidia stock made new all-time highs yesterday, hitting an intraday high of more than $540 per share. Potential and current investors are wondering if the stock can continue to rally beyond these...
In 2023, the famous Magnificent 7 were responsible for much of the S&P 500's rise due to their weight in the index. But within the small-caps, 7 stocks had a great year as well. Let's take a look...
SEC may officially approve applications today to allow spot bitcoin ETFs to be traded Meanwhile, the whales are accumulating Ethereum. Beware of too much euphoria on Bitcoin ETF news. Looking to beat...
In the previous edition, we discussed 5 stocks to fuel your portfolio gains in 2024. In this piece, we will take a look at 5 more stocks that you can consider adding to that list. These five stocks...
The labor market remains strong despite downward revision in recent months. Disinflation dynamics may decelerate post Thursday's data. Meanwhile, the EUR/USD pair is consolidating in an upward...
The stock market has kicked off the year in correction mode. Meanwhile, the US dollar has had its best start to a year in a while. While history suggests a poor start to the year translates into a...
Despite initial concerns, the S&P 500 ended 2023 above 4,700 points, challenging the pessimistic expectations at the beginning. Looking ahead to 2024, analysts offer conservative projections, with...
The US dollar demonstrated strength at the beginning of the year as it surged to reach the 103 level. This surge was propelled by positive US economic data, hawkish signals from the Fed, and an uptick...
Here is your Pro Recap of the top takeaways from Wall Street analysts for the past week: upgrades for Verizon and GM; downgrades for Apple and PayPal.InvestingPro subscribers always get first dibs on...