Uncategorized

The S&P 500 pulled back from its record on Tuesday as higher oil prices and a hot consumer inflation report kept stocks under pressure.

The Greenlight Capital founder pitched five investment ideas in New York, focusing on companies he said are in a transitional period with catalysts for growth.

Fixed income ETFs with a little more risk were especially attractive for investors last month as the funds continued to offer attractive yields.

The bank initiated coverage of the drone name with a buy rating.

Retail traders are buying calls in Cboe’s “Mag 10” stocks – the big seven plus AMD, Palantir and Broadcom – at the heaviest 10-day clip since 2021, according to a report from the exchange.

Lowe’s, which is trading at a discount, is likely to see its shares rise as it continues to clock strong same store sales despite economic concerns, per Citi.

The bank, which has an overweight rating on the chipmaker, raised its price target on the stock.

Investors looked past another setback in the Middle East on Monday, as the S&P 500 ticked higher for its first close above 7,400.

Affirm’s 5% pullback Friday post earnings is likely a “brief air pocket” that shouldn’t prevent further gains, per Bank of America.

Dell shares have more than doubled over the past year, but the AI-linked boom in demand that has boosted shares is largely priced into the stock, per UBS.