The March employment report from the U.S. Labor Department revealed that most of the U.S. economy is performing at its highest level since before the 2008 financial crisis. But while most sectors are flying high, the retail sector may be unraveling.
Twilio Inc TWLO 4.6% shares are trading higher by 4.8 percent on Friday after the stock received a major vote of confidence from JPMorgan.
Tesla Inc TSLA 1.29% shares have been on fire this week, pushing to new all-time highs above $300 for the first time ever. However, for Barclays analyst Brian Johnson, the positive momentum is just more reason to dump Tesla stock.
Much of President Donald Trump’s campaign was spent pledging to eliminate regulations on U.S. companies. But White House economic advisor and former Goldman Sachs Group Inc GS 0.33% COO Gary Cohn surprised senators this week when he indicated he is in favor of bringing back a former banking regulation that could dramatically re-shape the U.S.…
Advanced Micro Devices, Inc. AMD 1.88% shares are down more than 8 percent on Thursday following a bearish note from Goldman Sachs, but that news hasn’t stopped at least one large options trader from making a large bullish bet on a recovery.
The path forward for Federal National Mortgage Assctn Fnni Me FNMA 1.6% and Federal Home Loan Mortgage Corp FMCC 1.67% shareholders has gotten much narrower in the past five months. According to Height Securities’ Edwin Groshans, that path may also be much longer than investors realize.
Despite a late-day selloff on Wednesday, it’s been a tough week for Tesla Inc TSLA 1.29% shorts. After the company reported earlier this week that its first-quarter vehicle deliveries were in line with expectations, Tesla stock surged to new all-time highs above $292.
Advanced Micro Devices, Inc. AMD 1.88% shares are down more than 8 percent Thursday after Goldman Sachs initiated coverage on the stock at Sell.
For an Apple Inc. AAPL 0.22% supplier that generates more than half its revenue from Apple, the news that Imagination Technologies just received is the worst-case scenario. Apple recently announced that it will not be renewing Imagination’s contracts, sending Imagination’s shares plummeting 75 percent.
Celedon Group Inc. CGI 8.93% shares fell more than 10 percent Wednesday after Prescience Point Research Group didn’t pull any punches in a new bearish note.