Analyst Color - Spark Newswire

1 minute read

BofA Upgrades Union Pacific Following CEO Departure News

Today, 9:52 AM

Shares of Union Pacific Corporation (NYSE: UNP) jumped in early trading on Monday. The spike in share price comes after the Omaha, Nebraska-based company announced over the weekend that chairman and CEO Lance Fritz would step down in 2023.

UNP

2 minute read

Housing Market Bottoms Out Per JPMorgan’s Initiation Of Redfin, Zillow

By AJ Fabino

Today, 9:52 AM

Last summer, Federal Reserve chair Jerome Powell laid out a plan to reset the U.S. housing market, which has been putting the squeeze on aspiring homeowners. How? By increasing interest rates, and subsequently spiking mortgage rates.

JPM

2 minute read

Alphabet Analyst Talks ChatGPT: How Much Traffic Has Shifted From Google To Bing?

By Wayne Duggan

Today, 9:52 AM

Artificial intelligence has been a hot topic on Wall Street since OpenAI launched its ChatGPT prototype in November 2022.

GOOG

2 minute read

Famed 60/40 Stocks-Bonds Portfolio At 14-Month Drawdown, Says Market Strategist: Longest Since Financial Crisis’

By Bhavik Nair

Today, 9:52 AM

Charlie Bilello, Chief Market Strategist at CPI Wealth, pointed out that the famed 60/40 portfolio comprised of U.S.…

BND

2 minute read

Will Fed ‘Chicken Out’ Or ‘Hang Tough’ If Higher Rates Cause Crisis, Asks Peter Schiff: A Majority Say…

By Bhavik Nair

Today, 9:52 AM

Euro Pacific Capital Chief Economist Peter Schiff conducted a poll on Twitter, asking what the Federal Reserve would do if inflation remains well above the…

BND

2 minute read

Why Tesla, Microsoft, Nvidia, FAANG Remind Forecaster Of 2021 ‘Meme Stocks’ Effect

By Bhavik Nair

Today, 9:52 AM

Market forecaster Jim Bianco, president and macro strategist at Bianco Research, explained how the rally in the S&P…

AAPL

2 minute read

Cathie Wood Continues To Bulk Up On This Crypto-Linked Stock – Here Are Ark’s Other Notable Trades On Friday

By Shanthi Rexaline

Today, 9:52 AM

Cathie Wood’s Ark Invest has recently been increasing bets on its portfolio stocks when they sell off, with the "buying the dip" approach reflecting its confidence in these stocks.

ARKK

2 minute read

Boeing Analysts Recommend Caution Following Latest 787 Production Problems

By Wayne Duggan

Today, 9:52 AM

Boeing Co (NYSE: BA) shares dropped 4.8% on Friday after the company announced it had once again run into production problems with its 787 Dreamliner.

2 minute read

Why This General Motors Analyst Says It’s Time To Buy The Dip In GM Stock

By Wayne Duggan

Today, 9:52 AM

General Motors Company (NYSE: GM) shares dropped 4% on Thursday after the company announced it will be idling production at its Fort Wayne plant for two weeks in late March.

2 minute read

BigCommerce’s Underlying Trends Show Progress Post Mixed Q4, Analyst Says

By Anusuya Lahiri

Today, 9:52 AM

Needham analyst Scott Berg reiterated BigCommerce Holdings Inc (NASDAQ:BIGC) with a Buy and a $20 price target. BIGC reported mixed 4Q22 results with a…

BIGC