There’s reason to remain bullish on the U.S. stocks despite the recent bank failures, says Adam Turnquist. He’s the Chief Technical Strategist for LPL Financial. Here’s what the history tells us Over 20% of the…
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Investing
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“XLI” – the Industrial Select Sector SPDR Fund is about flat for the year at writing but Keith Lerner (CIO at Truist) is still keeping “overweight” on the space. Lerner shares his view on industrials…
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Enphase Energy Inc (NASDAQ: ENPH) has lost more than 40% over the past three months but the Chief Investment Strategist at ERShares is convinced the story moving forward will be a different one. The bull…
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Publicly listed digital asset broker GlobalBlock (TSXV:BLOK) market analyst Marcus Sotiriou weighed in on the recent Bitcoin price (BTC/USD) movement that saw it briefly trade above $28K for the first time in months over the…
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Shares of New York Community Bancorp Inc (NYSE: NYCB) opened 40% up today after a deal with the FDIC established it as a beneficiary of the recent bank failures. Details of its deal with the…
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U.S. Bancorp (NYSE: USB) could be a notable beneficiary of the recent bank failures, says David George. He’s a Senior Analyst at Baird. U.S. Bancorp stock could climb to $52 In a research note, George…
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Bitcoin (BTC/USD) rallying to highs of $28,500 this weekend saw the benchmark cryptocurrency make a macro higher high and break the macro downtrend. The cryptocurrency is currently trading around $27,800 on major crypto exchanges. Here…
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Amazon.com Inc (NASDAQ: AMZN) is in focus this morning after announcing another massive round of layoffs to streamline costs. What jobs will be affected? On Monday, the tech behemoth confirmed plans of cutting another 9,000…
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Investing
UBS agrees to buy Credit Suisse: Morningstar’s Scholtz says CS investors will ‘feel shortchanged’
UBS Group AG (NYSE: UBS) agreed to acquire rival Credit Suisse Group AG (NYSE: CS) in what would have “seemed like a terrific deal” – had the agreement taken place a week ago, Morningstar analyst… -
Prudential (LON: PRU) share price has been among the worst-performing in the UK after the insurance company published weak results last week. The stock has slipped in the past four straight days and is trading…