A late November rally propelled stocks near record highs, with investor optimism over a potential Federal Reserve interest-rate cut in December helping reverse the effects of an earlier midmonth market slump. The S&P 500 rose 0.5% on Friday, pushing it near a record set in late October and helping the index eke out a 0.1% […]
Ollie’s Bargain Outlet Holdings scores just 0/6 on our valuation checks. See what other red flags we found in the full valuation breakdown. Approach 1: Ollie’s Bargain Outlet Holdings Discounted Cash Flow (DCF) Analysis The Discounted Cash Flow (DCF) model estimates a company’s value by projecting its future cash flows and discounting them back to today’s […]
Commodities strategists at Wall Street’s top investment banks expect 2026 and 2027 to be tough years for the oil industry. And that’s after a nearly 20% decline in oil prices this year. Under a base case set by JPMorgan’s commodities team led by Natasha Kaneva, Brent crude oil (BZ=F) — the international benchmark price — […]
The boom in metal-intensive technologies like data centers and electric vehicles has made it a prime time to be in the US aluminum business. Prices are booming. Part of that is because inside every data center are cooling units, server racks, radiators, and a litany of other pieces and parts made out of aluminum. No […]
(Bloomberg) — Concerns over massive debt issuance from tech giants such as Meta Platforms Inc. and Alphabet Inc. creating oversupply in the credit market are premature, said panelists at the Bloomberg Intelligence European credit market outlook conference in London on Thursday. Tech firms have recently hit the bond market on both sides of the Atlantic, […]
US stock futures climbed overnight Thursday, though the Nasdaq Composite is poised to break a seven-month winning streak. Dow Jones Industrial Average futures (YM=F) inched up 0.1%. Contracts tied to the S&P 500 (ES=F) and Nasdaq-100 (NQ=F) made 0.1% gains. When trading picks back up on Friday, equities will be staring down a losing month. […]
When markets get choppy, candlesticks can feel overwhelming. There’s too much noise, too many wicks, and it’s hard to tell what the trend actually is. That’s why traders turn to Renko charts — a bar type that filters out all of that noise, and focuses on one thing: Price movement. If you’ve ever struggled to […]
Marvell Technology (MRVL) is doubling down on the booming data center wave, supplying advanced chips that help power the artificial intelligence (AI) revolution. But even with all the excitement around AI, shares of this chipmaker have struggled to woo investors this year. Wins in the data center space keep getting overshadowed by concerns about intense […]
Apple (AAPL) shares inched higher to print a new all-time high on Tuesday after the iPhone maker announced dozens of layoffs aimed at streamlining its sales department. In its statement, the company said these job cuts primarily affected account managers serving enterprise, education, and government clients, as well as staff operating its briefing centers where […]
Biotech stocks can be some of the market’s most unpredictable movers. Breakthrough trial wins can send shares soaring overnight, while failed readouts can erase billions in market value just as fast. This is what happened with Novo Nordisk (NVO) on Monday, Nov. 24. The company’s stock has plunged sharply to its 4-year low after a […]
US stock futures hovered near the flatline Monday night as Wall Street looked to build on a broad tech-led rebound amid growing optimism that the Federal Reserve may deliver a rate cut next month. Futures linked to the Dow Jones Industrial Average (YM=F) traded flat, while S&P 500 futures (ES=F) ticked higher by 0.1%. Nasdaq […]
What Happened? Shares of data analytics company Palantir Technologies (NASDAQ:PLTR) jumped 6.5% in the afternoon session after renewed enthusiasm for Alphabet reinvigorated the artificial intelligence trade, propelling a market rebound heading into the Thanksgiving holiday. The Nasdaq index jumped 2.6% and the S&P 500 gained 1.6%, driven by a 5% rally in Alphabet following the […]
