A new 52-week low at $81.05 undercuts the floor set just five days earlier. The building materials giant now carries a $53.9 billion market cap, far from the $126 area of last December.
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Reddit is Up 11% Premarket After S&P 500 Addition. Here’s How Other New S&P 500 Stocks Performed.
Index funds may be forced to buy nearly three times Reddit's average daily trading volume after its S&P 500 announcement, but a look at the last twelve additions to the benchmark tells…
Forget Chips: This Analyst Says 4 “Old School” Themes Could Be the Real AI Industrialization Winners
A top Wall Street analyst says investors chasing chip stocks are looking at the wrong part of the AI trade entirely, and she is pointing to four industrial names that could capture…
Here Are Wednesday’s Top Wall Street Analyst Research Calls: Align Technology, American Tower, Autodesk, Autoliv, Chime Financial, Cloudflare, SolarEdge Technologies, Zoetis, and More
Pre-Market Stock Futures: The futures are trading flat after a stellar day across Wall Street, with all major indices finishing deep in positive territory. Traders cited an improving outlook for the Iran…
Billionaire Investor Takes a Bite Out of Live Nation Entertainment
Billionaire Zach Schreiber’s hedge fund, PointState Capital, is said to have generated a 47.9% return for investors in 2024. Who is Schreiber, and how did he become such a successful investor? The…
Billionaire Investor Dan Loeb Looks Beyond Magnificent 7 for Hedge Fund Returns
Billionaire Dan Loeb founded his hedge fund, Third Point LLC, in 1995. As of September 30, WhaleWisdom.com reports that it manages $7.4 billion in publicly traded securities. Investors are always looking for…
6 Construction Materials Companies Could Reap Big Rewards With a President Biden
If Joe Biden is elected in November, he has promised to spend some $2 trillion to repair the country's roads, bridges and other infrastructure. These six companies provide the materials for construction…
Top Debt & Credit Rating Agency Actions (MCD, CRH, CHK, WFC, TXN, CTL, EK, CODI)
Today’s ratings actions start of with a real no-brainer. McDonald’s Corp. (NYSE: MCD) received an ‘A’ rating from Fitch Ratings on a new $500 million 2.625%, 10.25-year senior unsecured note due January…
S&P Cuts Ireland (IRE, AIB, CRH)
Standard & Poor’s may not have the same clout it did during the first rounds of debt ratings cuts in Europe after missing the mortgage and debt bubble in America, but the…
Top Analyst Upgrades (AAP, AZO, ED, CRH, DHR, LLY, INTC, LEAP, ORLY, SEIC)
These are te upgrades and positive research calls that we have seen from Wall Street this Wednesday morning: Advance Auto Parts (AAP) Started as Outperform at Baird. AutoZone (AZO) Started as Outperform…