The market has been especially unkind to former highfliers like drive-thru coffee shop Dutch Bros (NYSE: BROS). Dutch Bros stock is down 54% from the highs it hit following its initial public offering last September on fears that a recession will cause growth to slow. When consumers tighten their belts, coffee shop coffee is an easy discretionary purchase to cut out to save money.
Another hot inflation reading released Friday reinforces that any near-term interest rate cuts are less likely, as the Federal Reserve shifts to a higher-for-longer stance.
In this article, we will take a detailed look at the 11 Best Retail Dividend Stocks to Buy. If you want to skip our detailed analysis of the retail industry and see the top 5 stocks in this list, click 5 Best Retail Dividend Stocks to Buy. Investors are slowly beginning to give up on hopes of seeing […]
Wall Street analysts are exhibiting bullish sentiment toward tech giants Alphabet (GOOG, GOOGL) and Microsoft (MSFT) in the wake of their respective first quarter earnings reports. Prominent firms such as Oppenheimer, Barclays, and Jefferies have increased their price targets for Alphabet's stocks. Similarly, analysts at Wells Fargo and JPMorgan have raised their price targets on Microsoft. This surge of positive analyst commentary has propelled both stocks higher in Friday's trading session. Yahoo Finance's Brad Smith and Seana Smith break down the details. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Angel Smith
Always struggle to choose an in-flight meal? This might help.
ST. LOUIS, April 26, 2024--C₂N Diagnostics, LLC ("C2N"), a specialty diagnostics company with a vision to bring Clarity Through Innovation®, today announced a partnership agreement with Mediford Corporation, a PHC Holdings Corporation (TSE 6523) Group Company and premier provider of clinical research to the biopharma industry throughout Japan. The agreement greatly increases access to C₂N Biopharma Clinical Research Services, which offers highly sensitive mass spectrometry-based identification,
The Nasdaq composite rallied sharply in the stock market today, helped by strong earnings reports from Microsoft and Google-parent Alphabet.
Social media platform Reddit soared more than 120% from its IPO price. Following the IPO, is Reddit stock a buy in today's market?
AI chip stock Arm Holdings surged more than 152% past a recent buy point. Following that advance, is Arm stock a buy in today's stock market?
US Equities (^GSPC, ^DJI, ^IXIC) are moving higher despite the hotter-than-expected Personal Consumption Expenditures (PCE) reading. Big Tech earnings, however, may serve as a catalyst for the market's continued optimism. BMO Wealth Management US Chief Investment Officer Yung-Yu Ma joins The Morning Brief to give insight into how the market is moving during this earnings season and what investors should expect from recent economic data. Ma is not certain that strong earnings alone can steer the macroeconomic environment: "We definitely think earnings are important here and the growth trajectory is important. But it's also worth noting that since the market is more relying on growth now for both stabilization and the upside gains, I think we have a more inherent push and pull to the market because that growth is somewhat uncertain. We do think it's going to materialize and actually accelerate in the second half, but once you pull away the backing of the Fed and having the Fed more on pause now, inflation being a little bit stickier and the slow path down, we do think that does mean a little more of a choppy market." For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Nicholas Jacobino
Magnificent Seven stocks, including AI leader Nvidia, are among the best stocks to watch in today's stock market.
Q1 2024 Edwards Lifesciences Corp Earnings Call
Scottish First Minister cancels independence speech as he fights for political survival
BOSTON, April 26, 2024--Good Measures' Stefany Shaheen joined colleagues from Kroger, Instacart, Season Health, and Walmart on a panel at the Food is Medicine Summit.
Just because a business does not make any money, does not mean that the stock will go down. For example, biotech and...
The United States is no longer viewed as the most influential global power in Africa, having been surpassed by China in a new survey from Gallup. The survey found that median approval ratings of the U.S. slipped from 59 percent in 2022 to 56 percent in 2023, while China rose from 52 percent to 58…
Global Voice Over Internet Protocol (VoIP) Services Market Global Voice Over Internet Protocol (VoIP) Services Market Dublin, April 26, 2024 (GLOBE NEWSWIRE) -- The "Voice Over Internet Protocol (VoIP) Services Global Market Report 2024" report has been added to ResearchAndMarkets.com's offering.The global voice over internet protocol (VoIP) services market has grown rapidly in recent years. It will grow from $134.86 billion in 2023 to $151.21 billion in 2024 at a compound annual growth rate (CA
News anchor Poppy Harlow is leaving CNN. Harlow, who has been with the network since 2008, said in a note to colleagues on Friday she plans to spend more time with family and will continue “to support the evolution of journalism in every way I can, while preserving the human(ity) in it.” “I’m excited for…
The U.S. is expected to begin pulling troops out of the African nations of Chad and Niger following deteriorating relations with both countries, including demands for American forces to leave. A U.S. exit or large drawdown from both countries is expected to have a wide impact on Washington’s efforts to conduct counter-terrorism operations in Africa,…
AbbVie is "firing on all cylinders," an analyst said Friday after the firm beat first-quarter estimates. But AbbVie stock fell.
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