Articles

Ulta Beauty downgraded as TD Cowen cites medium-term challenges

Ulta Beauty Inc. was downgraded by TD Cowen Monday, with the analyst firm citing the increasing cost of competition for the specialty retailer.

Treasury yields climb as traders bet on another jumbo Fed rate cut

Yields on long-dated Treasurys drifted higher on Monday as traders bet that the Federal Reserve would deliver at least one more jumbo interest-rate cut by the end of the year.

J.D. Vance warns of deliberate ‘bond-market death spiral’ if Trump is elected

“Do the international investors, the people who are getting rich off globalization, the people who have gotten rich from shipping our manufacturing base to China, the people who have gotten rich from a lot of wars — do they try to take down the Trump presidency by spiking bond rates?” J.D. Vance mused to Tucker Carlson.

Palantir joins the S&P 500 today. Why an analyst is hitting pause on its stock.

Palantir’s stock has outperformed the S&P 500 by a wide margin in recent years, but Raymond James has concerns about the stock’s valuation.

Bank of America on track to open 40 new branches this year

While more customers are doing their banking online, bank branches are still being added and renovated for customers to meet in person with bankers.

Microsoft’s stock hit with a rare downgrade. Why this analyst says stop buying.

Shares of Microsoft Corp. leaned lower in early Monday trading, after D.A. Davidson’s Gil Luria became one of the rare Wall Street analysts who isn’t enthusiastic about the software giant and artificial-intelligence play.

Labor market is not ‘flashing red,’ two top Fed officials say

Two top Federal Reserve officials on Monday said that they don’t think the labor market is weakening dangerously — but the risk of further softening called for last week’s half-point cut in the policy rate.

StandardAero sets terms for planned IPO at valuation of up to $7.5 billion

StandardAero, which was founded in 1911, serves commercial-aerospace, military and helicopter, and business-aviation clients with about 7,300 employees working at more than 50 facilities across the globe.

Should Qualcomm take over Intel? Why Wall Street isn’t sold on a possible deal.

One analyst notes that Intel’s situation doesn’t seem dire enough for the company to settle for a “fire sale.” Plus, Qualcomm could see Intel’s foundry assets as a headache.

Why Nvidia and these 13 other high-flying stocks are in danger of crashing

Semiconductor and home-builder stocks are forming a bubble.

Markets are underestimating the strength of the U.S. dollar, Deutsche Bank says

Investors are overestimating the extent to which the Fed will cut interest and underestimating the possible currency boosting impacts of a Trump victory in the U.S. elections.

UniCredit reaches deal to boost Commerzbank stake

UniCredit on Monday said it’s reached an agreement to further increase its stake in Commerzbank as the German government increasingly attempts to ward off an Italian acquisition of its number-two bank.
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