3 Rumors That Had Wall Street Buzzing Today
By Investing.com Staff After starting the week on a strong note, stocks closed out the week on a sour note with the S&P 500 falling 2.8%. Several rumors made their way around the Street...
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Today's Stock Initiations of Note
By Investing.com Staff Today's Analyst Stock Initiations of Note: Oppenheimer initiated coverage on Chewy Inc . (NYSE:CHWY) with an Outperform rating and a price target of $42. The...
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Today's Stock Downgrades of Note
By Investing.com Staff Today's Analyst Stock Downgrades of Note: RBC Capital downgraded Lyft (NASDAQ:LYFT) from Outperform to Sector Perform with a price target of $16 (from $30),...
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Today's Stock Upgrades of Note
By Investing.com Staff Today's Analyst Stock Upgrades of Note: DA Davidson upgraded Federal Signal (NYSE:FSS) from Neutral to Buy with a price target of $46 (from $39). The analysts said...
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Wall Street ends sharply lower as jobs report cements rate hike regime
By Herbert Lash, Shreyashi Sanyal and Ankika Biswas (Reuters) - Wall Street fell sharply on Friday following a solid jobs report for September that increased the likelihood the Federal...
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Wall Street dives, oil surges as investors prepare for more rate hikes
By Pete Schroeder WASHINGTON (Reuters) -U.S. stocks tumbled on Friday after a stronger-than-expected jobs report locked in expectations that the Federal Reserve is sticking with a steady...
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U.S. shares lower at close of trade; Dow Jones Industrial Average down 2.11%
Investing.com – U.S. equities were lower at the close on Friday, as losses in the Technology, Consumer Services and Consumer Goods sectors propelled shares lower. At the close in NYSE, the...
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Canada shares lower at close of trade; S&P/TSX Composite down 2.09%
Investing.com – Canada equities were lower at the close on Friday, as losses in the Healthcare, IT and Materials sectors propelled shares lower. At the close in Toronto, the S&P/TSX...
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Unity Software's Create Platform 'Best in Class' - Needham & Company
By Sam Boughedda Needham & Company initiated coverage of Unity Software Inc (NYSE:U) with a Buy rating and a $50 price target in a research memo Friday. Unity, a video game software...
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PepsiCo to make Cheetos and Lay's chips using Dutch green electricity
AMSTERDAM (Reuters) - PepsiCo (NASDAQ:PEP) on Friday announced plans to phase out use of natural gas at a factory in the Netherlands and adopt a system based on renewable electricity to...
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Federal Signal Stock 'Remains Appealing' - DA Davidson
By Sam Boughedda Shares of Federal Signal (NYSE:FSS) were upgraded to Buy from Neutral, with the price target lifted to $46 from $39 per share by DA Davidson Friday. The firm decided to...
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Exxon Mobil Price Target Raised on Stronger Upstream Performance
By Sam Boughedda Wells Fargo's price target for Exxon Mobil (NYSE:XOM) Corporation was raised to $116 from $109, with its Overweight rating maintained on Friday. Analysts made...
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S&P 500 Slips as Strong Jobs Report Puts Hawkish Fed Bets Back in Focus
By Yasin Ebrahim Investing.com -- The S&P 500 slumped Friday, as a stronger-than-expected monthly jobs report muted recent hopes of a Fed pivot, and shifted investor focus to the prospect of...
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Volkswagen Launched Collaboration with Tennessee Valley Authority with Custom ID.4 SUVs
By Michael Elkins Volkswagen (OTC:VLKAF) (ETR:VOWG_p) of America announced on Thursday that the company will be collaborating with the Tennessee Valley Authority to help the utility...
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Navient and SLM Corporation Near-Term Risks Skew Negative - Morgan Stanley
By Sam Boughedda Morgan Stanley analysts initiated Underweight ratings on student lender companies Navient (NASDAQ:NAVI) and Sallie Mae (NASDAQ:SLM). The analysts said in a research note...
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Betting on flexibility, China's Nio will only rent cars in new EU markets
By Victoria Waldersee BERLIN (Reuters) - Chinese electric vehicle maker Nio will only lease its cars when it launches in four European markets this year, its CEO told Reuters on Friday,...
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Coinbase Transaction Volume Continues to March Lower - Raymond James
By Sam Boughedda Raymond James maintained its Underperform rating on Coinbase (NASDAQ:COIN) in a note on Friday, stating that the cryptocurrency exchanges transaction volumes continue to...
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Midday Movers: AMD, CVS Health, Halliburton and More
By Liz Moyer Investing.com -- Stocks tumbled on Friday after a stronger-than-expected jobs report for September threw a wet blanket on hopes for a pivot on interest rates by the Federal...
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Walgreens Boots Alliance's Q4 Setup 'Looks Challenging' - UBS
By Sam Boughedda In a note to investors on Friday, UBS analysts cut the firm's price target on Walgreens Boots Alliance (NASDAQ:WBA) to $37 from $40, maintaining a Neutral rating, telling...
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U.K. shares lower at close of trade; Investing.com United Kingdom 100 down 0.11%
Investing.com – U.K. equities were lower at the close on Friday, as losses in the Industrial Transportation, Household Goods & Home Construction and General Retailers sectors propelled...
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PepsiCo confirms Tesla Semi truck deliveries to start in December
By Jessica DiNapoli and Uday Sampath Kumar (Reuters) -PepsiCo Inc confirmed on Friday it would take delivery of Tesla (NASDAQ:TSLA) Inc's Semi trucks on Dec. 1, becoming the first company...
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Brookdale Senior Living Exploring Potential Sale According to Reports
By Sam Boughedda Brookdale Senior Living (NYSE:BKD) shares jumped Friday on news it is exploring its options, including a potential sale, according to Bloomberg. Brookdale, one of the...
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CVS Health's Star Ratings Data 'a Surprise'
By Sam Boughedda On Thursday, the Centers for Medicare & Medicaid Services released annual star rating data, which impacts the 2024 plan year and will be visible to seniors as they look...
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Guggenheim Remains Sidelined on Tesla, Following Weak 3Q Volumes
By Michael Elkins Guggenheim reiterated a Neutral rating on Tesla (NASDAQ:TSLA) after the electric vehicle company reported weaker-than-expected 3Q volume. Guggenheim Analysts further...
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Chewy Pullback Represents an Attractive Entry Point - Oppenheimer
By Sam Boughedda Oppenheimer initiated coverage of Chewy (NYSE:CHWY) with an Outperform rating and $42 price target on Friday. Shares are now down 70% from all-time highs in February 2021,...
