Strategist Barry Bannister hiked his second- and third quarter S&P 500 target price to 4,400 from 4,200.
House Judiciary chair threatens to hold Google in contempt of Congress for failing to produce subpoenaed documents
Jordan had subpoenaed the CEOs of Alphabet, Amazon, Apple, Meta and Microsoft in February, demanding they hand over communication with the U.S. government.
Outlook for household spending slumped in April, New York Fed survey shows
The central bank Survey of Consumer Expectations for April showed that the outlook for spending fell by half a percentage point to an annual rate of 5.2%.
If Supreme Court affirms Biden student loan forgiveness plan, some college ‘stopouts’ may reenroll
The Supreme Court’s decision on student loan forgiveness could bring back students who started college but never finished, a new report says.
Fed will ‘definitely’ pause hikes, but the cycle is not yet done, Standard Chartered CEO says
The U.S. Federal Reserve looks set to temporarily pause its aggressive interest rate hikes, but it has not yet finished the job, Standard Chartered said Monday.
This little-known education stock from Brazil can surge 70%, Morgan Stanley says
Morgan Stanley says the recent sell-off in Brazilian digital education company Vitru shares presents an attractive entry point.
This ‘dirt cheap’ regional bank stock could rebound more than 100%, Janney says
Western Alliance’s stock plunged nearly 27% last week as regional bank stocks fell sharply despite some positive updates about steady deposits.
Jim Cramer’s top 6 things to watch in the stock market Monday
With earnings slowing, investors are shifting focus to Tuesday’s debit ceiling meeting at the White House.
We’re adding to our position in this manufacturing giant on a post-earnings pullback
We earmarked cash for this trade on May 1, following a first-quarter earnings pullback of the stock.
Bitcoin slides after network congestion leads Binance to briefly halt withdrawals
A recent surge of interest in NFTs on Bitcoin has led to congestion on the network and a pause of user withdrawals by Binance, the biggest crypto exchange.