WTI crude oil prices reached another milestone in the recovery of the global oil market this week, trading above $75 per barrel for the first time since 2014. Oil majors are loving the impact higher oil prices have on margins, but analysts say Exxon Mobil Corporation(NYSE: XOM) stock investors may have the most to gain from rising…
Tesla Inc (Nasdaq: TSLA) stock dropped 9.3 percent this week after the company reported more disappointing production numbers in the second quarter. Tesla was six months late in hitting a key weekly Model 3 target, and analysts are now worried about the sustainability of Model 3 production and what it will take for Tesla to turn its…
The market wasn’t particularly impressed by the Tesla, Inc. (TSLA) second-quarter production numbers, and neither was rival Ford Motor Company (NYSE: F). Tesla and Ford are in a war of words, but analysts say the market will be the ultimate battleground.
CVS Health Corp (NYSE: CVS) stock is down more than 7 percent since Amazon.com (AMZN) announced a nearly $1 billion buyout of online pharmacy PillPack last week. The good news for CVS investors is that Amazon will likely not have a major impact on CVS’s business for some time, but the bad news is Amazon is already…
Tesla Inc (Nasdaq: TSLA) has yet another chance to hit a key Model 3 target when it reports its quarterly production numbers sometime this week. Analysts say Tesla has a chance to finally hit its 5,000-vehicle-per-week Model 3 production rate, but there are still plenty of concerns about the company’s longer-term picture.
General Electric Company (NYSE: GE), one of the worst-performing U.S. blue-chip stocks of the past several years, says it will retroactively reduce its 2016 and 2017 earnings per share by 13 cents and 16 cents, respectively. News of restated earnings is just the latest in a string of difficult headlines for GE investors, and Wall Street experts…
A disappointing fourth-quarter earnings report sent Walmart Inc (NYSE: WMT) stock tumbling 10 percent last week, as WMT had its worst single day of trading since January 1988.
The U.S. auto industry got off to a bumpy start to 2018 when light vehicle sales declined by 3 percent in the January. Bank of America analyst John Murphy is expecting more lackluster numbers in February, but General Motors Company (NYSE: GM) investors shouldn’t be discouraged by the difficult environment.
The semiconductor industry has enjoyed tremendous positive momentum in recent years led by chipmaker Nvidia Corporation (Nasdaq: NVDA). Yet even after the stock has gained nearly 1,000 percent in the past three years, Bank of America analyst Vivek Arya says Nvidia investors can expect more of the same in 2018 and beyond.
When Berkshire Hathaway Inc. (NYSE: BRK.A, BRK.B) CEO and investing legend Warren Buffett has something to say, Wall Street pays attention. Buffett published his annual letter to Berkshire investors on Saturday, in which he discusses his two potential successors, what he plans to do with all of Berkshire’s cash and a 10-year bet that demonstrates the power of long-term…