Articles

U.S. travelers are hungry for international travel. These stocks will likely benefit.

“Airports are bracing for a spike in travelers.”

Power demand from AI, EVs and Big Tech is now the energy sector’s No. 1 concern

If power systems fail, it’s lights out for the entire economy.

Stock gains in the summer are weaker when the market has been strong

This year there’s even less of a reason to expect a summer rally.

What killed Red Lobster? Endless shrimp was just one factor, says its new CEO.

Red Lobster’s new CEO pins the blame for the company’s bankruptcy on a host of factors

Ryanair chief says recessionary feeling in Europe is limiting fares

Ryanair’s chief executive blamed what he called a “recessionary feel around Europe” for the airline’s inability to increase prices very much.

Nvidia’s stock is a bargain — provided this pattern continues

Nvidia’s stock is trading lower to expected profit than it did three years ago, before its AI-related sales exploded.

Apple’s imminent AI chatter could change this common investor perception

Apple’s hardware events are usually most exciting to investors. But this time, Wall Street is highly anticipating the company’s annual software preview.

Norwegian Cruise’s stock rises as profit outlook raised for 2nd time in 3 weeks

Norwegian Cruise Line’s stock rallied Monday, after the cruise operator raised its full-year profit outlook, again, citing continued “very strong demand.”

Deutsche Bank raises S&P 500 price target to 5,500

Equity analysts at Deutsche Bank have raised their 2024 S&P 500 target to 5,500, joining a host of other Wall Street strategists who have expressed greater optimism as stocks have come roaring back from last month’s selloff.

Nvidia earnings are on deck, and Wall Street wonders just how big the beat could be

Nvidia’s revenue totals are getting staggeringly bigger. But the scope of its “beats” might be getting smaller.

Texas-based Independent Bank to be bought for $2 billion by Florida’s SouthState

Independent Bank Group will no longer be independent, after the Texas-based bank announced Friday an agreement to be acquired by Florida’s SouthState Corp. in an all-stock deal valued at about $2 billion.

Fed’s Bostic expects inflation to keep coming down — but slowly

“We do a lot of talking to business leaders and what they’re all telling us is that things are slowing down.”
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