It seems like everyone on Wall Street has been making oil price recovery projections since the price of crude began to collapse in mid-2014. OPEC has certainly been in the driver’s seat, ramping up production in order to keep prices down and drive the competition, particularly U.S. shale, out of business.
Despite recording its best October sales in 11 years, Ford’s 13.4 percent October growth fell a bit short of rivals Fiat Chrysler Automobiles NV FCAU 0.46% (+14.7 percent) and General Motors Company GM 0.13% (+15.9 percent). However, according to AutoTrader analyst Michelle Krebs, there may be good reason for Ford’s relative underperformance, and it could…
In a new report, Deutsche Bank analyst Sherri Scribner discussed the disruptive potential of the public cloud model. As market leaders Amazon.com, Inc. AMZN 2.28% and Microsoft Corporation MSFT pave the path forward for the transition to cloud-based models, the market shift will create a number of winners and losers in the tech space.
In a new report, Deutsche Bank analyst Sebastian Raedler discussed the firm’s outlook for European stocks through the end of 2016. Overall, the firm maintains a bullish outlook for the European markets, but Raedler cautioned investors on three potential risks ahead for Europe.
The market continues to fear that the U.S. solar Investment Tax Credit (ITC) expiration at the end of 2016 will mean the end of growth in the U.S. solar industry.
In a new report, Deutsche Bank analyst Karl Keirstead takes a close look at the public cloud infrastructure market. Keirstead gives his take on the two largest cloud competitors and how much disruption they will cause in the IT space.
Q3 earnings season for the two big names in U.S. car rental, Avis and Hertz, is set to kick off on Monday when Avis reports after the market close. In a new report, MKM Partners analyst Jim Strugger explained why he believes things could be on the upswing for the rental car business, but buying…
Despite market concerns over the stability of China’s economy, Baidu is continuing full steam ahead on its push to dominate the Chinese Internet world. After a stellar Q3 earnings beat by Baidu, Jefferies analyst Cynthia Meng upped her price target for the stock and explained why the company’s recent partnerships and acquisitions will continue to…
The latest data from Bank of America indicates that Wall Street doesn’t have a particularly bullish outlook for the stock market at the moment. However, contrarian investors, as well as Bank of America analyst Savita Subramanian, know that periods of market uncertainty and pessimism can often be the best buying opportunities.
Nearly a year and a half into the downturn in oil prices, investors are still watching for signs of stability in crude prices and indications that the current oil cycle has reached its bottom. One of the most reliable signs of oil market bottoms during previous cycles has been a boom in M&A activity in…