Before the Bell: White Knights Save First Republic, Tech Giants Rule the Day
Eleven U.S. banks combined to rescue First Republic on Thursday, and tech stocks lifted markets thanks to enthusiasm over ChatGPT and AI in general.
Eleven U.S. banks combined to rescue First Republic on Thursday, and tech stocks lifted markets thanks to enthusiasm over ChatGPT and AI in general.
The country's cryptocurrency bank of choice is liquidating, and federal regulators are looking into two reports of steering wheels falling off Tesla's 2023 Model Y.
Artificial intelligence is here to stay, and as with all innovations, mega-cap technology companies with deep pockets are likely to benefit first. These five stocks have been hit hard and are offering…
Friday's top analyst upgrades and downgrades included Advanced Micro Devices, Apple, Array Technologies, CarMax, Coupang, Discover Financial Services, Intel, Kohl's, Marvell Technology, Moderna, Nio, Nvidia, Okta, Plug Power, Salesforce, Sandstorm Gold, Silvergate…
Friday's top analyst upgrades and downgrades included AppLovin, CarMax, Cinemark, Diamondback Energy, Enovix, Etsy, Graphic Packaging, Home Depot, Intel, Lucid, Nvidia, Teladoc Health, Walgreen Boots Alliance and Workday.
Markets closed higher Thursday, but Friday's premarket was lower as investors wait to get the latest inflation data.
Thursday's top analyst upgrades and downgrades included Alcoa, American International Group, BioCryst Pharmaceuticals, Coinbase Global, GitLab, Home Depot, Merck, Nvidia, Palo Alto Networks, Occidental Petroleum, Okta, Salesforce, Shopify, Sirius XM and Target.
Big movers on Wednesday were two companies that reported results late Tuesday. Big movers Thursday morning were different.
Wednesday's top analyst upgrades and downgrades included BioMarin Pharmaceutical, BlackRock, CF Industries, Constellation Energy, DocuSign, DraftKings, Mosaic, Norfolk Southern, Nvidia, RingCentral, Riot Platforms and SentinelOne.
After markets close Wednesday afternoon, Coterra Energy, eBay, Lucid and Nvidia are on deck to report quarterly results.
Friday's top analyst upgrades and downgrades included Activision Blizzard, Analog Devices, Baker Hughes, Coinbase Global, Devon Energy, Electronic Arts, Expedia, Fastly, Marathon Oil, Nvidia, Roku, Shopify, Tripadvisor and Twilio.
Friday's top analyst upgrades and downgrades included Affirm, Bank of America, Biogen, Bunge, Coupang, DraftKings, Kosmos Energy, Mattel, Nucor, Nvidia, SentinelOne, SunPower, Vale and Walt Disney.
Stocks had a good day on Friday, with all three major indexes rising by at least 1%. Monday's premarket is in wait-and-see mode, showing just fractional moves around the break-even line.
A tech recovery on Monday does not appear to be lasting into Tuesday.
Tuesday's top analyst upgrades and downgrades included AT&T, Baxter International, Centene, Darden Restaurants, Lennar, L3 Harris Technologies, MGM Resorts International, Nvidia and Vertex Pharmaceuticals.