Nikola’s stock rallied Monday, after the EV maker announced a deal to sell trucks to J.B. Hunt, and after D.A. Davidson tripled its price target.
The Tell: U.S. corporate bonds flash ‘green light’ for further stocks gains as equities soar in 2023
The bond market is expressing confidence in company cash flows, flashing a sign of support for the stock market’s rally, according to DataTrek Research.
Earnings Outlook: Is AMD ceding ground to Intel? Wall Street will soon find out.
Intel seems to be getting its act together more, and that might mean that the company is clawing back market share at AMD’s expense.
MarketWatch: Elon Musk just might have a plan for X, but the rest of us may end up footing the bill
From the beginning of his ownership of Twitter, Musk has appeared to have a single-minded aim: Burn down the house and create something entirely new out of the ashes.
Europe Markets: Dr. Martens stock leads European gains after report of activist investor buying
Dr. Martens shares were among Europe’s top performers on reports of stake building by an activist investor.
The Ratings Game: Carvana’s stock downgraded once more as analyst says Wall Street overlooks these risks
Carvana shares are in the midst of a roaring rally this year, but Jefferies thinks Wall Street isn’t properly considering risks facing the used-car retailer.
Metals Stocks: Gold on track for biggest monthly advance since March despite last-minute weakness
Gold futures were marginally lower on Monday, but remained on track for their best month since March thanks in large part to a weaker U.S. dollar, which has helped to propel prices of the yellow metal more than 2% higher.
Cannabis Watch: Raw rolling papers founder looks to further elevate cannabis name celebrated in Wiz Khalifa song
Entrepreneur Josh Kesselman traces the roots of Raw to a shop launched in college by maxing out his credit cards and eventually building a $100 mln-plus company
Futures Movers: Oil prices on track for largest monthly gain in over a year
Oil futures rise Monday, with Brent and WTI on track for their largest monthly advances since May of last year.
Outside the Box: Banking M&A deals are heating up. Here’s what stock investors should know.
These clues can tell you if a bank and its management are prepared fora changing market climate.
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