Articles

Here’s why JPMorgan’s stock gets one analyst’s only downgrade after the Trump bank-stock rally

There’s only one other “deep value stock” among the large U.S. commercial and investment banks, according to one Oppenheimer analyst.

Delta Air Lines sees opportunity in the “premium consumer” as it lays out long-term financial targets

Delta Air Lines Inc. on Wednesday said it sees an opportunity to tap into affluent travelers as it laid out its long-term goals the next three-to-five years.

TJX’s earnings boosted by strength in Europe as earnings beat and retailer raises guidance

Same-stores sales rose 7% at discounter’s international segment

Nio’s stock dives as earnings, outlook disappoint despite record deliveries

Nio’s stock drops after quarterly results and revenue outlook disappoint, despite record deliveries.

Sage Therapeutics to end Huntington’s disease trial after key therapy fails again

It was the third failed trial for the therapy, called dalzanemdor, which also failed to meet its goals in a Phase 2 trial as a treatment for mild cognitive impairment and mild dementia in Alzheimer’s disease.

Pfizer names oncology chief and company veteran Boshoff as chief scientific officer

The drug company had been searching for a new chief scientific officer since July with Mikael Dolsten leaving after 15 years at the company.

Nvidia earnings will drive stocks tied to AI’s growth. Here’s what to look for.

AI chip suppliers are enjoying a spending boom from ‘hyperscalers,’ which in turn use the technology to boost sales and profits.

Traders trim Bank of England rate cut bets after U.K. inflation rebounds

The chances of another rate cut this year by the Bank of England has diminished after data showed an acceleration in the pace of Britain’s inflation last month.

Target’s stock rocked after triple-miss earnings report amid ‘unique’ challenges

Target’s stock set to suffer worst day in more than two years after profit, revenue, comparable sales and the outlook were all below expectations.

S&P 500 bounces as stocks’ bull-market cycle seen potentially speeding up in 2025

The S&P 500 has bounced from its drop last week, a decline that had eroded its U.S. election bump without knocking the index off course toward a potentially big 2024 gain.

Mortgage rates are near 7%, but buyers are making a comeback

Mortgage applications rose 1.7% in the last week, the Mortgage Bankers Association said.

Hedge funds are piling into the nuclear sector, Goldman Sachs’ analysis shows

Hedge funds are picking up stocks in nuclear power producers in seeking to capitalize on the artificial intelligence boom, new analysis from Goldman Sachs shows
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