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The S&P 500 has seen positive returns in 16 out of the last 18 weeks, an unprecedented trend since the 1970s. Despite the overall bullish market, notable players like Apple, Alphabet, and Tesla...
CPI inflation, retail sales, producer prices, and more earnings will be in focus this week. Oracle is a buy with strong earnings and guidance on deck. Dollar Generalis a sell with disappointing...
Adobe: Analysts slightly increased EPS estimates ahead of Q1/24. Our Fair Value models suggest a potential 5.7% increase in stock price. Dollar General: The stock might be priced higher ahead of...
Target's stock jumps 12% on better-than-expected Q4 earnings and revenue, with an optimistic earnings forecast for fiscal 2024, leading to analyst upgrades. Costco shares fall 4% after missing...
Bitcoin faced selling pressure after attempting to break $69,000, dropping to $59,000, losing momentum. Ethereum outperformed, aiming for $4,000 despite resistance at $3,975. Both cryptocurrencies...
The rally in the stock market is showing no signs of slowing down due to the AI boom. Amid the current backdrop, I used the InvestingPro Stock Screener to find cheap, undervalued companies with...
Deloitte predicts a robust 13% growth in the production of crucial chips across various industries this fiscal year. The memory chip market growth stands out in the report, and European chip companies...
The EUR/USD faces a crucial period with the ECB rate decision today, setting the stage for a directional move. The US dollar weakening suggests a potential short-term peak, creating a favorable...