Stocks

“…High-Yield Dividend Stock [UPS] That’s Down 45%”

“…Why has UPS stock plunged roughly 45%? The short answer is that the company’s revenue and earnings have declined. That’s all investors need to bail out on a stock. Several factors contributed to UPS’ declining financial fortunes, though…” https://finance.yahoo.com/news/once-decade-opportunity-buy-magnificent-095000113.html

Stocks

“Morgan Stanley Predicts up to 220% Jump for These 2 ‘Strong Buy’ Stocks”

“…COMPASS Pathways (CMPS)… Morgan Stanley analyst Vikram Purohit, who covers the stock, sees CMPS as presenting a compelling risk-reward opportunity. He highlights the company’s leading clinical program… To this end, Purohit rates CMPS shares an Overweight (i.e. Buy), and his $23 price… Continue Reading…

Stocks

“Cava earnings beat estimates as restaurant traffic climbs nearly 10%”

“…Shares of the company rose 9% in extended trading. The stock has more than doubled its value this year, bringing Cava’s market cap up to about $11.6 billion, as of Thursday’s close… The Mediterranean restaurant chain reported fiscal second-quarter net… Continue Reading…

Stocks

“Peloton shares rise more than 15% as turnaround plan takes hold, losses shrink”

“…The company’s shares rose more than 15% in morning trading. Here’s how the Bike and Tread maker performed compared with what Wall Street was anticipating, based on a survey of analysts by LSEG: For the three-month period that ended June… Continue Reading…

Economy

“Inflation milestone: Consumer Price Index slows below 3% for first time since March 2021”

“Price hikes slowed more than expected in July, and, for the first time in more than three years, the Consumer Price Index has landed below 3%. That paves the way for the Federal Reserve to cut rates next month after… Continue Reading…

Economy

“59% of Americans wrongly think the U.S. is in a recession, report finds”

“Citing higher costs and difficulty making ends meet, 3 in 5 Americans falsely believe that the U.S. is currently in a recession, according to a recent report. Economists have wrestled with the growing disconnect between how well the economy is doing and… Continue Reading…

Stocks

“Under Armour shares surge 20% after posting ‘better than feared’ quarterly sales”

“…Here’s how the athletic apparel company did in its fiscal first quarter compared with what Wall Street was anticipating, based on a survey of analysts by LSEG: In the three months ended June 30, Under Armour reported a loss of… Continue Reading…

Stocks

“Intel Crashed 30%. Is the Stock a Sell or a Bad-News Buy?”

https://finance.yahoo.com/news/intel-crashed-30-stock-sell-091500373.html I’m not going to read this. I don’t think it is. My opinion on long term stocks is unless its energy or commodes in general its better to wait to invest after the market crashes. There are exceptions but… Continue Reading…

Banking, Stocks

“SoftBank shares tank near 19%, wiping off $4.6 billion from founder Masayoshi Son’s fortune”

“SoftBank Group shares tanked nearly 19% on Monday amid a global sell-off, wiping off billions of dollars from founder Masayoshi Son’s fortune. On Monday, Son’s net worth fell by $4.6 billion alone, according to the Forbes real-time billionaires list. Monday’s… Continue Reading…

Economy

“Job growth totals 114,000 in July, much less than expected, as unemployment rate rises to 4.3%”

“Nonfarm payrolls grew by just 114,000 in July, below the downwardly revised 179,000 in June and the Dow Jones estimate for 185,000. The unemployment rate edged higher to 4.3%, its highest since October 2021, triggering an economic rule on recessions.… Continue Reading…