In a new report, HSBC Global Research analyst Stephen King discusses why the global currency wars in recent years have been completely unproductive. According to King, expecting the same positive outcome from currency devaluation that occurred in the 1930s in the modern global economy is absurd.
With revenue in the world’s largest gaming destination, Macau, China, continuing to decline, casino investors have been looking to the state of Nevada for some much-needed good news this year.
Analyst Teo Lasarte still believes there is too much uncertainty surrounding Volkswagen for Bank of America to change its bearish outlook. In a new report, Lasarte discussed the Volkswagen situation and some ways to profit off the company’s downfall other than simply shorting the stock.
In a new report, Bank of America analyst John Morris lists the form’s top 10 Eastern Europe, Middle East and Africa (EEMEA) stock ideas. Here’s a breakdown of the list for international investors:
While Apple is officially staying mum on the subject, Wall Street continues to speculate on the potential impact of the future rollout of an Apple electric car. In a new report, Morgan Stanley analyst Adam Jonas lists some potential winners and losers if and when an Apple Car is unleashed.
According to Reuters, 25 percent of 265 actively managed large-cap U.S. mutual funds with at least $500 million in assets have been buying energy stocks in 2015. So far, the strategy has been a painful one, as the S&P 500 energy sector has declined by 25 percent so far this year.
Stifel analyst Gur Talpaz remains bullish on Barracuda despite being disappointed by the company’s earnings results for the second straight quarter. On Tuesday, Barracuda lowered revenue, EPS and billings guidance for fiscal 2016, prompting Stifel to reduce its price target for the stock. The stock is down more than 27 percent in pre-market trading on…
Summit Research has downgraded Baidu from Buy to Hold, citing weak margins due to the company’s O2O investment initiatives. In a new note, analyst Henry Guo discusses the impact that O2O spending is having on Baidu and what shareholders can expect in coming months.
Tesla CEO Elon Musk unveiled the company’s highly-anticipated Model X on Tuesday, and Global Equities Research was part of the 5,000-member audience at the event. In a new note, the firm updated its outlook for Tesla following the unveiling and outlined what investors can expect from the Model X down the road.
A new report by Goldman Sachs analyst Krag Gregory looks at the VIX to see what market volatility is saying about the possibility that the United States could soon be entering a recession. Gregory has observed that the VIX is indicating that investors are as uncertain as ever about the near-term fate of the stock…