Wayne Duggan - Spark Newswire

2 minute read

Why This Casino Analyst Says Penn Entertainment, Caesars Entertainment Are Post-Pandemic ‘Over-Earners’

December 14, 1:13 PM

Gambling stocks PENN Entertainment Inc (NASDAQ: PENN) and Caesars Entertainment Inc (NASDAQ: CZR) each traded lower Wednesday after one Wall Street casino stock analyst downgraded both stocks.

CZR

2 minute read

CPI Data Leak? Traders Cry Foul Over Suspicious Market Action

By Wayne Duggan

December 14, 11:33 AM

The SPDR S&P 500 ETF Trust (NYSE: SPY) initially jumped more than 2.5% on Tuesday morning after the consumer price index inflation reading for November came in l

SPY

2 minute read

Why Earnings May Be The Biggest Risk To Stock Prices In 2023

By Wayne Duggan

December 12, 4:08 PM

While most investors are focused on Tuesday's CPI inflation report and Wednesday's Federal Reserve interest rate decision, Wall Street analysts say earnings growth, or lack thereof, may be the biggest risk to the SPDR S&P 500 ETF Trust (NYSE: SPY) in 2023.

SPY

2 minute read

Analyst Downgrades Johnson Controls And 3 Other Industrial Stocks, Names Top Sector Picks For 2023

By Wayne Duggan

December 12, 12:43 PM

Several industrial stocks were on the move on Monday after one Wall Street analyst adjusted his coverage and named his top sector stock picks for 2023. The Analyst: Bank of America analyst Andrew Obin has issued the following industrial stock ratings changes:

APG

2 minute read

S&P 500 Loses Ground This Week Ahead Of Fed Interest Rate Decision: What Investors Need To Know

By Wayne Duggan

December 9, 5:49 PM

The S&P 500 traded lower in its worst week since September on renewed concerns over inflation and interest rates.

ADBE

2 minute read

Netflix Has ‘Several Bullish Catalysts’ Ahead In 2023, Analyst Says: Here They Are

By Wayne Duggan

December 9, 3:05 PM

Netflix Inc (NASDAQ: NFLX) shares jumped 5.5% on Friday after the stock landed a major Wall Street upgrade.

NFLX

2 minute read

What 7.4% PPI Inflation Means For Investors: ‘It Is Likely The Fed Will Move Ahead With Their Plans’

By Wayne Duggan

December 9, 11:07 AM

The SPDR S&P 500 ETF Trust (NYSE: SPY) traded lower Friday after the U.S. Labor Department reported a 7.4% increase in the producer price index in the month of November, outpacing economist expectations.

SPY

2 minute read

If You Invested $1,000 In Globalstar (GSAT) Stock At Its COVID-19 Pandemic Low, Here’s How Much You’d Have Now

By Wayne Duggan

December 7, 1:56 PM

Investors who bought stocks during the COVID-19 market crash in 2020 have generally experienced some big gains in the past two years. But there is no question some big-name stocks performed better than others since the pandemic bottom.

AAPL

3 minute read

EXCLUSIVE: Where Will The Next 1 Billion New Crypto Users Come From, Following FTX Disaster? Okcoin, CoinFlip Execs Have An Idea

By Wayne Duggan

December 7, 12:08 PM

Okcoin COO Jason Lau, CoinFlip CTO Rory Herriman and Columbia University Lab to Market Blockchain Accelerator advisor Art Malkov discussed the path to onboard the next one billion global cryptocurrency users at the Benzinga Future of Crypto Conference in New York on Wednesday.

ETH

1 minute read

This Day In Market History: The Attack On Pearl Harbor

By Wayne Duggan

December 7, 10:43 AM

Each day, Benzinga will take a look back at a notable market-related moment that happened on this date. What Happened? On this day in 1941, Japan attacked the U.S. naval base in Pearl Harbor, Hawaii at 7:48 a.m. local time on a Sunday morning.

DJIA