US Stock News
Consumer Staples XLP : A Mixed Bag Ahead of Earnings Season
The Consumer Staples Select Sector SPDR Fund (XLP), which tracks the performance of companies within the consumer staples sector of the S&P 500, has seen modest gains through 2024, up 6.3% whilst the broader S&P 500 h

Microsoft Leads in ClearBridge Sustainability Strategy
ClearBridge Investments has recently made headlines with its "ClearBridge Sustainability Leaders Strategy" investor letter for the second quarter of 2024. Amidst the buzz within investment circles,

The Week Ahead In US Markets: Tech Earnings Season To Begin (NFLX, TSLA, TSM)
As we move into the third week of July, markets turn their focus to a slate of corporate earnings, with Netflix and Tesla poised to lead the way. The streaming giant Netflix has seen it's stock price (NASDAQ: NFLX) perform st

Coffee Giants Tussle for Investors’ Favour – BROS, SBUX, LKNCY
Investors in the retail coffee market have witnessed divergent performance trajectories between coffee giants, as the stock prices of Dutch Bros (NYSE: BROS), Starbucks (NASDAQ: SBUX) and Luckin Coffee (LKNCY) have each taken

MicroStrategy (MSTR) Announces 10-for-1 Stock Split – Price Gains 4% On Difficult Day for QQQ’s
MicroStrategy stock price (NASDAQ: MSTR) saw a significant increase yesterday, adding more than 4% on a day that was very difficult for tech, following a maj

Banks Greet Earnings Season with Dividend Hikes and Buybacks (NYSE: JPM, WFC, C)
Investors are turning their attention to the banking sector as major institutions such as JPMorgan Chase (NYSE: JPM), Wells Fargo (NYSE: WFC), and Citigroup (NYSE: C) are slated to commence

Delta Air Lines Stock (NYSE: DAL) Dips – Q3 Earnings Downward Revision
Delta Air Lines stock fell in trading yesterday, down 3.99% as earnings failed to hit the mark. Seaport Res Ptn has revised its Q3 2024 earnings projections for Delta Air Lines, Inc. (NYSE:DAL), reducing the per-share estimat

Dominion Energy Stock (NYSE: D) Up 2.75% – Exploring SMR Technology
Dominion Energy stock (NYSE: D) is pushing higher today, up 2.75% through the early part of the trading session. The firm, a leading US provider of electricity and natural gas, announced on Wednesday that it has issued a Requ

Fresh Off 52 Wk Lows, McDonald’s (NYSE: MCD) Receives Updated $300 Target
McDonald's stock (NYSE: MCD) has experienced a recent shift in its price outlook from Truist Financial, who adjusted their price target from $320.00 to $300.00. Despite the decreased target, the firm maintains a buy rating on

Microsoft’s Stock Gains Further Price Target Increases
Microsoft stock price (NASDAQ: MSFT) has pushed on bullishly over the past 12 months, continuing to set new all time highs at a pace. Even with 40% gains u

Up 12% In 5 Days, AMD Stock Rises with Acquisition of Silo AI
Advanced Micro Devices, Inc. (AMD), a global leader in the semiconductor industry, has reached an agreement to acquire Silo AI, the largest private

TSM’s Stock Price Up Big YTD – 3.5% Daily Gains As Revenue Soars on AI and Data Center Investment
Taiwan Semiconductor Manufacturing Company stock price (NYSE:TSM), a leading chipmaker, experienced a rise following its announcement of substantial sales growth in the second quarter. 3.54% gains on the day yesterday brings

Barclays Bullish on Smurfit Westrock Stock (NYSE: SW), Sets $60 Target
Smurfit Westrock stock (NYSE: SW) has drawn the attention of Barclays analysts, who initiate coverage with an Overweight rating and a $60 price target. SW shares are currently trading at $44.85, largely unchanged on the day

Booking Holdings Price Target (NYSE: BKNG) Gains Analyst Boost
Booking Holdings stock (NYSE: BKNG), a prominent player in the travel services industry, has seen its price target raised from $4,285 to $4,580 by Tigress Financial. The f

JetBlue Stock Price (NASDAQ: JBLU) Faces Turbulent Flight Towards Recovery After 38% Dip
JetBlue Airways stock (NASDAQ: JBLU) continues to navigate through some turbulent times, with a 2.9% dip yesterday bringing 12 month declines to 38%. Despite a recent boost from investing heavyweight Carl Icahn, who acquired
Oracle Integrates Palantir AI to Boost Cloud Services
Oracle Corporation (NYSE: ORCL) has enhanced its tech portfolio by integrating Palantir Technologies Inc.'s sophisticated artificial intell

Stellantis Stock Price Target (NYSE: STLA) Trimmed By Barclays, Remains Bullish
In pre-market trading, shares of Stellantis NV (NYSE: STLA) experienced a slight increase from the previous close, with the current price at $19.53, marking a modest rise of 0.41%.

Broadcom Embarks on $5B Debt Deal for VMware Buy
Broadcom Inc. (NASDAQ: AVGO), a global technology leader, reached out to the US investment-grade bond market this week, raising $5 billion. This strategic financial manoeu

Why Is Jumia Stock Price Up (NYSE: JMIA)? New 52 Wk Highs on +29% Day
In a significant upswing, Jumia Technologies AG (NYSE: JMIA), an e-commerce powerhouse operating across various African regions and internationally, witnessed its shares leap by 29.9%, adding $2.53 to reach $10.99. This surge

Canaccord Sees Opportunity in Castle Bioscience’s Stock Dip (NASDAQ: CSTL)
Having fallen 15% in the past week, Castle Biosciences stock (NASDAQ: CSTL) has been flagged by one analyst as representing opportunity on the pullback. The move comes on the heels of a final non-coverage decision announced o

DigitalBridge Stock (NYSE: DBRG) Target Lowered to $24 At B. Riley
DigitalBridge Group stock (NYSE: DBRG), off the back of 26.55% losses so far through 2024 have received a price target drop from B Riley. The real estate services firm specializing in digital infrastructure assets, trades on

HSBC and Visa Partner on Multi-Currency Zing App
In a notable move within the financial services industry, Visa (NYSE: V) and HSBC (LON: HSBA) have embarked on a technological partnership. The collaboration underlines the growing emphasis on digital payments solutions, aimi

Optimism in Tech: Microsoft and Salesforce Look Well Set
Amid the transformative fourth industrial revolution, driven predominantly by advancements in Artificial Intelligence (AI), tech stocks
