JPMorgan (JPM) stock has a cream of the crop reputation in the banking sector. Bank of America (BAC) has support from reliable management. Goldman Sachs (GS) stock has support from shrewd market calls. Source: FabrikaSimf / Shutterstock Last week ended on a very weak note, making investors hesitant and risk averse. The outcome of the
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American Airlines (AAL): Credit metrics have worsened since the pandemic and the airline faces significant debt servicing costs. Renewed slowdown would imply an extended period of cash burn. United Airlines (UAL): Another airline company that has a stretched balance sheet. Focus on recovery will be on deleveraging. Equity dilution remains a possibility. Delta Air Lines
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Lucid Motors (LCID) announced a new car to outpace and out cruise high-end competitors. Tesla (TSLA) is seen as an EV bellwether, but that’s overstating its importance to the market. EVs will not be going away, and niche markets are key to survival. Source: gg5795 / Shutterstock.com It was quite a news-filled week for the electric
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Sometimes, the best definitions are the light-hearted ones when it comes to recessions. “If your neighbor gets laid off, it’s a recession. If you get laid off, it’s a depression,” former president Harry S. Truman put it. However, a more technical definition of a recession is two consecutive quarters of negative growth in the gross
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In this article BKR PG WBD ROKU DIS NFLX Check out the companies making headlines before the bell: Netflix (NFLX) – Netflix plummeted 26.8% in the premarket after reporting it lost 200,000 subscribers during the first quarter. The streaming service had projected subscriber additions of 2.5 million. Netflix also said it was exploring an ad-supported
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Nio (NIO) stock has been falling after the price hike announcement and the suspension of production. The production halt is temporary and many other electric vehicle (EV) makers have also hiked their prices. The dip in Nio stock is a great chance to take your position. Source: Robert Way / Shutterstock.com Electric Vehicle makers in
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In this article UAL TSLA T AAL BX XRX Check out the companies making headlines before the bell: American Airlines (AAL) – American soared 10.5% in premarket trading after reporting a smaller-than-expected loss and predicting profitability for the current quarter. United Airlines (UAL) – United lost an adjusted $4.24 per share for the first quarter,
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Inflation favors wholesale giant Costco (COST) through 2022. Rising sales imply Costco has plenty of price appreciation in store for investors. Investors are being rewarded as Costco sends cash back their way amid a boom. Source: Helen89 / Shutterstock.com There is little reason to bet against Costco (NASDAQ:COST) stock as the membership warehouse company booms.
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Salesforce (CRM) — Shares slipped below the 200-weekly moving average and have a long way to go until the next support zone. Alcoa (AA) — Has been hammered after reporting earnings numbers that failed to justify its meteoric rise. Nvidia (NVDA) — The unwind in semiconductors accelerated Thursday, causing NVDA to crack a major floor. Source:
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