In the recent quarterly reports of major Chinese companies, it has been highlighted that the local market poses challenges for stock pickers. Lorraine Tan, the director of Asia equity research at Morningstar, emphasized in a recent interview the unique outperformance of certain companies in the market. This trend suggests that there is more weakness across
Streams
One of the top stock picks recommended by Wall Street analysts is Google parent Alphabet (GOOGL). This tech giant recently reported its second-quarter results, revealing the strength in its Search and Cloud businesses. However, the growth in YouTube advertising revenue slowed down in the quarter and missed analysts’ expectations. Despite this, BMO Capital analyst Brian
CrowdStrike, a cybersecurity stock, experienced a 4% drop after Guggenheim downgraded it to neutral from buy. This decision was based on the belief that the company may not come out unscathed from the recent global outage. This raises concerns about the future performance of the stock and its ability to recover from the setback. Nvidia
In the world of investing, dividend-paying stocks can be a valuable asset to enhance your portfolio returns, especially during uncertain and shaky markets. One such dividend stock that has caught the attention of Wall Street experts is Northern Oil and Gas (NOG). This company is involved in the acquisition, exploration, and production of oil and
Private equity investment in women’s soccer is changing the landscape of the game, providing a new avenue for growth and development. While other major U.S. sports leagues have allowed private equity investors to take passive, minority stakes, the National Women’s Soccer League (NWSL) is leading the way by allowing these firms to take majority control
In a time where the film industry is facing a content shortage and audiences are becoming more selective, Fathom Events is making waves with its record-breaking revenue and innovative content offerings. For over two decades, this joint venture between AMC, Regal, and Cinemark has been a pioneer in bringing alternative content to the big screen,
Dividend-paying stocks provide investors with an opportunity to strengthen their portfolios and increase overall returns. By choosing companies with a consistent track record of dividend payments and solid financials, investors can secure stable income streams while benefiting from capital appreciation. Wall Street’s top analysts have identified three dividend stocks that stand out as attractive options
Southwest Airlines recently announced a sharp decline in its second-quarter revenue forecast, causing its shares to plummet by approximately 4% in premarket trading. The airline attributed this downward revision to shifting booking patterns, projecting a decrease in revenue per available seat mile between 4% and 4.5% compared to the previous year. Additionally, Southwest revised its
Investors are eagerly watching the performance of off-price retailer Burlington Stores (BURL), as it continues to impress with its positive financial results. The first quarter of fiscal 2024 saw the company post upbeat numbers, leading to an increase in profit margin and earnings outlook for the full year. This positive news prompted Jefferies analyst Corey
The pre-market trading session has revealed a significant surge in GameStop’s stock, with a remarkable over 77% increase. This surge comes amid speculation that Keith Gill, famously known as Roaring Kitty, holds a stake in GameStop worth $116 million. On the other hand, AMC Entertainment has also seen a notable rise of about 25% in
Monzo, a prominent British digital challenger bank, recently made headlines by announcing its first full year of profitability. According to the fintech startup’s annual financial report, it recorded pre-tax profits of £15.4 million ($19.6 million) in the 2023-2024 fiscal year. This achievement marked a significant turnaround from the previous year, where Monzo suffered a loss
Investors are currently facing concerns over inflation and the uncertainty surrounding Federal Reserve rate cuts, resulting in turbulent markets. However, amidst this volatility, long-term investors can benefit from the stock research provided by Wall Street analysts. One of the top picks by analysts is workplace management software maker Monday.com (MNDY). The company recently reported impressive
AMC Entertainment is currently grappling with a significant financial challenge in the form of a $4.5 billion debt, with a large portion of it maturing in 2026. The company’s CEO, Adam Aron, recently addressed this issue during a post-earning conference call, revealing that AMC has been engaged in discussions with lenders for almost a year
British neobank Monzo recently announced that it has secured an additional $190 million in funding, bringing its total fundraising for the year to an impressive $610 million. This latest round of funding included investments from notable new backers, such as Hedosophia and CapitalG, as well as participation from existing investors like Singaporean sovereign wealth fund