Intel Stock Scores an Upgrade. Fundamentals May Have Bottomed, Analyst Says.
The chip maker should be able to make its earnings estimates and may hit its chip pipeline schedule, writes Bernstein.
Source: barrons.com
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Meta Stock's Rally 'Is Over.' Focus on Threats to Revenue, Analyst Says
Meta's planned 21,000 job cuts will hurt its revenue, leaving it below consensus expectations, Benchmark Research says.
Source: barrons.com
Walmart and Philip Morris Get Upgrades. Can Either Beat 5% Money Markets?
Between recent bank turmoil and a future debt-ceiling crisis, stockpickers may well go hunting for some deals. Here’s the cases for two recent upgrades: a giant grocery chain and a cigarette company with a radical product shift in the works.
Source: barrons.com
Trump's Indictment Boosts Conservative Media Stocks
Shares of Digital World Acqusition, a SPAC that is seeking to close a merger with Trump Media & Technology Group. rose as much as 11%.
Source: barrons.com
Starbucks' Schultz's Senate Testimony Is a 'Non-Event' for Stock
A Senate committee grilled Howard Schultz over the company's labor practices.
Source: barrons.com