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TheStreet.com
Alcoa Is a Stock on a Hot Tin Roof
Key aluminum producer Alcoa Corp. was cut to a “peerperform” rating by a sell-side firm Thursday, but the stock price has been under selling pressure for several months now on weaker prices for its product and soaring costs.
Bloomberg
Euro-Zone Consumer Sentiment Hits Record Low on Energy Woes
(Bloomberg) — Euro-area consumer confidence slumped to its lowest level on record as households brace for a winter energy crunch and a further acceleration of already soaring inflation.Most Read from BloombergPutin Calls Up More Troops, Resumes Nuclear Threat Over UkraineUkraine Seizes Dozens of Russian Tanks Left by Fleeing ForcesPowell Signals More Pain to Come With Fed Sending Rates HigherA Great Copper Squeeze Is Coming for the Global EconomyA Decision Tree for Biden If Putin Goes NuclearA
MarketWatch
Novavax stock extends plunge after J.P. Morgan turns bearish, on expectations of more guidance cuts
Shares of Novavax Inc. slumped 7.1% in morning trading Thursday, to extend their recent plunge toward a near 2 1/2-year low, after J.P. Morgan threw in the towel on the maker of the COVID-19 vaccine Nuvaxovid, citing expectations of more cuts to revenue guidance. Analyst Eric Joseph cut his rating to underweight, after being at neutral since May 2021, and at overweight before that since August 2020. He cut his stock price target to $27 from $132. The stock has now dropped 26.0% amid a 5-day losi
Yahoo Finance Video
Salesforce targets 25% operating margin in 2026
Yahoo Finance’s Brian Sozzi joins the Live show from the Dreamforce 2022 conference in San Francisco, CA, to discuss Salesforce’s new long-range profitability goal.
Investor’s Business Daily
How To Lock In $75,000 Worth of 9.62% Treasury I Bonds
You have just a few weeks to pounce on Treasury I bonds’ sky-high interest rate. Also called Series I savings bonds, their interest rate is 9.62%.
Motley Fool
1 Growth Stock Down 94% to Buy Right Now
The retreat is being driven by soaring inflation and rising interest rates, which are putting the brakes on the economy and forcing investors to rethink their growth expectations. Upstart Holdings (NASDAQ: UPST), for example, uses artificial intelligence (AI) to originate loans for banks on other lenders, and investors have doubts about how well its lending models will hold up as household finances deteriorate. Upstart’s main goal is to displace the standard tools used to size up the risk in consumer lending.
Motley Fool
1 Reason Tilray’s Management Promises Could Go Up in Smoke
If you’re investing in the cannabis industry, you need to be aware of how overly bullish some companies and CEOs are about their prospects. Tilray Brands (NASDAQ: TLRY) falls into that crowd, pumping itself up to be a $4 billion business in just a few years. There are warning signs about Tilray’s promises and forecasts that investors shouldn’t ignore.
MarketWatch
The Fed raised rates — retirees and near-retirees should do this
Retirees have to watch their spending, especially after the Federal Reserve’s latest rate hike announced on Wednesday. For the third time in a row, the Federal Reserve said on Wednesday it would raise the benchmark federal-funds rate – this time, by a 0.75 percentage point so that it hovers between 3% to 3.25%. The news may seem unsettling for retirees, in particular, many of whom are living on fixed incomes.
Motley Fool
Should Shopify Investors Bail Alongside Key Management?
Having excellent management is vital for both a successful company and its stock. It’s rare to see both positions depart simultaneously, and with Shopify’s recent struggles, investors may think the ship is beginning to sink. Or is Shopify still a great stock to own?
Motley Fool
Want $1,000 In Annual Passive Income? Buy These 2 Monster Money Makers
Building a passive income stream from your portfolio is a dream that’s closer to being in reach than many investors suspect. On that note, here are a pair of real estate investment trusts (REITs) that have high yields, sustainable dividends, and growth prospects for the next decade and beyond. As Medical Properties Trust (NYSE: MPW) derives its income from investing in hospitals and clinics which it then rents, renovates, or sells, demand for its offerings won’t be declining anytime soon.
Motley Fool
Stock Market Sell-Off: 2 Cathie Wood Stocks That Could Double in 5 Years
The stock market witnessed a brutal sell-off last week as investors went into panic mode following a surprise spike in inflation for the month of August. The month-over-month increase came in at 0.1%. Economists were expecting prices to decline 0.1% over July and were looking for a year-over-year increase of 8.1%.
Insider Monkey
Semiconductor Stocks: 10 Biggest Losers in September
In this article, we discuss semiconductor stocks and the 10 biggest losers in September. If you want to read about some more semiconductor stocks, go directly to Semiconductor Stocks: 5 Biggest Losers in September. Semiconductor stocks have started free falling as recession fears and concerns about softening demand hit the industry. The worsening macro environment […]
