Oil investors have cheered the more than 50 percent surge in WTI crude prices off of multi-year lows earlier this year, but a new report by J.P. Morgan analyst Sean Meakim urges oil services investors to remain cautious in the near-term. According to Meakim, much of the recent surge has been short covering, and crude…
In a new report, Deutsche Bank analyst George Hill discusses the new lawsuit that Anthem Inc ANTM has filed against Express Scripts Holding Company ESRX. According to Hill, the lawsuit was likely inevitable, and it’s not good news for Express shareholders.
In the firm’s new EV Inflection Tracker report, Lux Research analyst Cosmin Laslau presented his annual report card of the auto industry’s transition to electric vehicles (EV). According to Laslau, the industry has a long way to go before the majority of new automobile sales are EVs.
The deadline for filing a tax return is now a little less than a month away, and a new Bankrate survey has found that 51% of Americans will get some amount of federal refund this year. Here’s a closer look at what Americans plan on doing with their refund checks this year, what you should…
Netflix, Inc. NFLX has reportedly committed $90 million to purchase the rights to fantasy cop thriller “Bright” starring Will Smith. The big budget makes “Bright” Netflix’s largest movie deal to date.
BMO Global Asset Management just released its 2016-2021 Global Investment Five-Year Outlook. According to the new report, the most likely global economic scenario is moderately bullish growth.
The National Association of Realtors reported an extremely disappointing U.S. existing home sales number for the month of February Monday morning. Home sales reportedly dropped 7.1 percent to an annual rate of only 5.08 million units, well off the 2.8 percent decline that economists were expecting.
Tesla Motors Inc TSLA‘s stock is on a tear in the past month, rising more than 42.9 percent. However, according to Business Insider transportation expert Matthew DeBord, Tesla investors are making a big mistake when it comes to the outlook for the coming Model 3.
Amazon.com, Inc. AMZN‘s AWS and Microsoft Corporation MSFT‘s Azure get most of the headlines when it comes to cloud computing these days. But a new report by Deutsche Bank’s Karl Kierstead focuses on Alphabet Inc GOOGL‘s GCP platform.
In a new report, MKM Partners analyst Jonathan Krinsky explains why MKM believes that the S&P 500 is likely headed for another large pullback in coming weeks. According to Krinsky, the 13 percent, 26-day rally off of February lows is nearly identical in magnitude and duration of the rally in the Fall of last year.