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Shares of cruise line operator Carnival Corporation (NYSE: CCL)(NYSE: CUK) fell 2.6% on Monday, which may not seem like very much. According to The Fly, analysts Brandt Montour, Benjamin Chaiken, and Christopher Stathoulopoulos -- of Barclays, Credit Suisse, and Susquehanna, respectively -- all lowered their price targets for Carnival this morning.
The debt crisis is here, Nouriel Roubini says. Expect central banks to wimp out in their fight against inflation as financial distress deepens
Over the weekend, the South American nation held the first round of its 2022 presidential election, and former President Luiz Inacio Lula da Silva was ahead in the polling -- and investors are cheering. As of 10:45 a.m. ET Monday, shares of Brazilian oil giant Petroleo Brasileiro (NYSE: PBR) (NYSE: PBR.A) (aka Petrobras) were up 12.4%, while electric and gas utility Companhia Energetica de Minas Gerais (NYSE: CIG) had gained 14.6%, and water utility Companhia de Saneamento Basico do Estado de Sao Paulo (NYSE: SBS) (aka "Sabesp") was leading the whole Brazilian stock market higher with a 22.5% gain.
Shares of large-cap oil and gas producers Chevron (NYSE: CVX), Occidental Petroleum (NYSE: OXY), and Devon Energy (NYSE: DVN) were in rally mode today, up 5%, 5.4%, and 7.9%, respectively, as of 11:24 a.m. ET. While many stocks were higher today, oil and gas stocks were particularly strong ahead of the upcoming OPEC+ meeting this week. Over the weekend, The Wall Street Journal reported OPEC+ participants would discuss production cuts at the upcoming meeting to offset falling prices, with the potential for a surprisingly large cut in the offing.
Tesla shares are getting hammered after weaker-than-expected third-quarter delivery numbers. The reason isn't 'cars in transit.'
High-yield savings accounts are paying more than they have since 2009. Here's Cuban's advice on how much to save now.
Recently, Zacks.com users have been paying close attention to Medical Properties (MPW). This makes it worthwhile to examine what the stock has in store.
Shares of Blue Apron are down sharply after the company reached a $15 million stock deal with Canaccord and also announced the departure of its CFO.
Reinvesting all the dividend payouts you receive from this stock could double your initial investment in four short years.
Stock markets flipped the page last week on a miserable third quarter of 2022, in which the S&P 500 fell 9% in September alone, bringing year-to-date losses for 2022 to 25%. Metals stocks in particular are joining the rally today, with shares of aluminum producers Alcoa (NYSE: AA) and Century Aluminum (NASDAQ: CENX) gaining 10% and 17%, respectively. On a related note, the London Metal Exchange (LME) is reportedly preparing to ban trading in Russian aluminum, curtailing global supplies of the metal at the same time as Bloomberg reports that demand for it in China is starting to revive.
Tesla robots have taken center stage, but the real value could be for the EV maker's autopilot software, one analyst argues.
Shares of e-commerce platform provider Shopify (NYSE: SHOP) rose as much as 3.2%, semiconductor specialist Nvidia (NASDAQ: NVDA) jumped as much as 3.7%, and streaming video pioneer Roku (NASDAQ: ROKU) surged as much as 4.3%. The latest report on manufacturing data provided investors with the excuse they were looking for to buy shares of beaten-down technology stocks. The Manufacturing Purchasing Managers Index (PMI) came in at 50.9%, down from 52.8% in August.
Shares of Advanced Micro Devices (NASDAQ: AMD) were rallying on Monday, up 4.3% as of 2:09 p.m. EDT. There wasn't too much company-specific news on AMD, although Bank of America analyst Vivek Arya did reiterate his buy rating on the chipmaker and several other cloud-related semiconductor stocks. Today, the beaten-down semiconductor sector was rising across the board, as investors seem to be buying the very big dip in chipmakers and other technology names that have seen significant declines year to date.
Incumbent chip maker Intel (NASDAQ: INTC), a banner victim of this year's tech stock sell-off, had an unusually good Monday. The company's shares rose by almost 5% on the day, due in part to a general rebound of tech titles generally and chip makers specifically, and partly due to a looming divestment. After market hours on Friday, Intel's assisted- and autonomous-driving tech unit Mobileye filed a prospectus for an initial public offering (IPO).
'I’m about as bearish as I’ve been since 2008,' says Hedgeye's Keith McCullough. He's steering investors to cash, gold and other defensive plays.
(Bloomberg) -- Pakistan’s small textile mills, which make products ranging from bedsheets to towels mainly for consumers in the US and Europe, are starting to shut after devastating floods wiped out its cotton crop.Most Read from BloombergCredit Suisse Turmoil Deepens With Record Stock, CDS LevelsTesla Slumps as Deliveries Disappoint Due to Logistic SnarlsOPEC+ to Consider Output Cut of More Than 1 Million BarrelsUkraine Latest: Zelenskiy Says Lyman ‘Fully Cleared’ of RussiansGet Ready for Anoth
Third-quarter data from automakers is beginning to trickle in, and EV adoption seems to be as strong as has been expected.
Yahoo Finance’s Jared Blikre breaks down how markets opened on Monday.
Tesla stock fell after its latest delivery news, but sellers aren't looking at the whole picture.