Boeing is starting to show progress in its turnaround plans. Shares of the plane maker closed at $139.10 on Wednesday, the first time shares have closed below $140 since October 2022 and below the $143 level that Boeing recently sold stock. New CEO Kelly Ortberg has a list of things he wants to accomplish to turn around the struggling company...
Continue ReadingThursday, Jefferies analyst Philippe Houchois raised his price target on Tesla stock to $300 from $195 but kept his Hold rating on shares...
Continue ReadingThe U.S. Consumer Financial Protection Bureau (CFPB) has taken steps to put Alphabet's Google under formal federal supervision, the Washington Post reported, potentially mounting yet another regulatory challenge for the Big Tech giant. Google has fiercely resisted the idea over months of highly secretive talks, the report said on Thursday, citing two people familiar with the discussions. Federal supervision status can allow regulators access to a company's internal records...
Continue ReadingTesla shares touched $212 just twenty days ago. Click here to find out why we expect TSLA stock to achieve $410 within the next 30 to 120 days...
Continue ReadingInvesting.com -- Shares of Hims&Hers Health, Inc. (HIMS) dropped over 15% Thursday following Amazon’s announcement of new telehealth treatment options aimed at providing low-cost care for a range of health and beauty concerns, which could pose significant competition for Hims&Hers’ subscription-based health services...
Continue ReadingOklo (OKLO) shares gain after the nuclear energy company, backed by OpenAI CEO Sam Altman, secured new agreements to power data centers. Big Tech companies, like Alphabet (GOOG, GOOGL) and Microsoft (MSFT), have turned to nuclear energy to meet the energy-intensive demands of artificial intelligence (AI) data centers. Catalysts Host Madison Mills examines the performance of electric utility stocks in the context of Big Tech's nuclear push and comments from Tom Steyer, the co-executive chair of Galvanize Climate Solutions, at Yahoo Finance's Invest conference. Watch the complete interview with Steyer here. To watch more expert insights and analysis on the latest market action, check out more Morning Brief here. This post was written by Naomi Buchanan...
Continue ReadingMorningstar technology analyst William Kerwin joins Morning Brief to discuss the potential impact of the Trump administration on Big Tech companies. While Kerwin notes that "a lot remains to be seen," he is focused on how Trump's trade policies could affect companies like Apple (AAPL) that have a presence in China. Kerwin believes these companies may seek to diversify their trade relationships to regions like India or Southeast Asia, stating "it will be a trend across the sector." However, he cautions that high China exposure does not necessarily equate to high investment risk, saying, "You really have to unpack what's in that exposure." Regarding regulatory impacts, Kerwin thinks "there could still be some antitrust [action] against the largest of tech companies." But he also expects "M&A deals at the rung just below those largest of largest tech companies can start to pick up again over the next four years." To watch more expert insights and analysis on the latest market action, check out more Morning Brief here. This post was written by Angel Smith...
Continue ReadingTesla's Sixth Cybertruck Recall in 2024 Targets Faulty Power Inverter...
Continue ReadingFor the quarter, the fund gained 5.38%, lagging the 5.89% advance of the benchmark S&P 500 index. Click to read...
Continue ReadingThe portfolio effectively integrates the generation of dividend income with the potential for dividend growth. Read more to see my recommendations...
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