S&P 500 slips after recent bounce, banks in focus
By Shubham Batra and Amruta Khandekar (Reuters) - The S&P 500 index slipped on Tuesday after a three-day rally fueled by support measures for the banking sector and a deal for Silicon...
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| PX | 1,294.53 | 1,313.66 | 1,293.67 | -0.30% | -3.89 |
Indices News & Analysis
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U.S. stocks mixed as rising yields pressure tech sector
By Liz Moyer Investing.com -- U.S. stocks were mixed as Treasury yields were on the rise, pressuring growth stocks and big tech. At 9:42 ET (13:42 GMT), the Dow Jones Industrial Average was...
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BYD posts 11-fold jump in Q4 profit -filing
SHANGHAI/BEIJING (Reuters) -Chinese electric vehicle giant BYD Co Ltd reported an 11-fold increase in fourth-quarter profit as it extended its lead in the domestic market with a wide range...
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Apple faces some risks but big potential rewards, claims Barclays
By Sam Boughedda In a deep dive looking at Apple's (NASDAQ:AAPL) traffic acquisition costs (TAC) and advertising segment, Barclays analysts told investors there are "some risks, but also...
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Oppenheimer sees a merger arbitrage opportunity in Seagen
By Senad Karaahmetovic Oppenheimer analysts reiterated an Outperform rating and a $229 per share price target on Seagen Inc (NASDAQ:SGEN) as the Pfizer (NYSE:PFE) deal spread offers an...
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Trend Profiles Point to Resurgence of U.S. Big-Cap and Growth Stocks
Forecasts that relative underperformers in the equities space are poised for a turnaround are a hardy perennial. Still, the expected change always seems to be postponed for several of the...
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Ciena pops as Raymond James upgrades on expected new market entry
By Senad Karaahmetovic Raymond James analysts upgraded shares of Ciena (NYSE:CIEN) to Strong Buy from Outperform with the price target raised to $70 per share from the prior $58. The...
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Block's Cash App service has a significant opportunity, Morgan Stanley says
By Sam Boughedda Morgan Stanley cut its price target on Block (NYSE:SQ) to $70 from $72 per share in a note Tuesday, but MS analysts said they believe the company's Cash App service "has a...
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Occidental Petroleum upgraded at TD Cowen; Buffett buys more shares
By Senad Karaahmetovic TD Cowen analysts upgraded shares of Occidental Petroleum (NYSE:OXY) to Outperform from Market Perform. “We see a superior risk-reward balance of superior...
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Morgan Stanley reaffirms Equal-Weight position as Nikola announces CFO transition
By Michael Elkins Morgan Stanley reiterated an Equal-Weight rating and $3.00 price target on Nikola Corp (NASDAQ:NKLA) following the announced retirement of the company’s CFO, Kim Brady...
