10 Companies Will Pay More Taxes Under Inflation Reduction Act

font size Parcels are ready for dispatch at the Amazon Center. Thomas Samson/AFP via Getty Images Some major companies including Tesla And the Amazon . com, it is likely to face higher tax bills under the $750 billion inflation-reduction law, which was approved in the House of Representatives on Friday. The legislation was approved in … Read more

6 software stocks to buy and 4 to sell, according to an analyst

What’s next for an enterprise software inventory? This depends on which one you choose. Guggenheim Partners analyst John DiFucci launched coverage of the group late Thursday, with some thoughts on where the bets are in the sector. DiFucci is new at the Guggenheim, but A household name on the street—At various times it has covered … Read more

10 Companies Will Pay More Taxes Under Inflation Reduction Act

font size Parcels are ready for dispatch at the Amazon Center. Thomas Samson/AFP via Getty Images Some major companies including Tesla And the Amazon . com, is likely to face higher tax bills under the $750 billion inflation-reduction bill, which is expected to pass the House of Representatives on Friday. The legislation was approved in … Read more

Why does the analyst say sell these four big software stocks

Salesforce Inc. shares. Lots of love on Wall Street, where 43 of the 49 analysts covered by FactSet rated the stock as buying. But Guggenheim analyst John D’Avuci has largely bucked the trend, starting to cover the software giant on sale. The start was one of four bearish calls he made on big software stocks, … Read more

Calm meditation app saves 20% of employees

Calm.com, which makes popular meditation and wellness app Calm, has laid off 20% of its staff, according to a memo CEO David Ko sent to employees Thursday. People familiar with the matter said the San Francisco-based Calm employs nearly 400 people, and nearly 90 have been laid off. Subscribe to newsletters The Wall Street Journal … Read more

Analysts say it’s Tom Jones high but may be overbought

The latest action in stocks may be of concern to buyers. Thursday’s initial rally for the S&P 500 faded to a three-month high as the session dragged on. The ‘high inflation peak’ faded. Early Friday futures are firmer again, but there are inevitable some observers who remain wary of the recent bounce. “It is clear … Read more

Disney earnings indicate the ‘streaming wars’ are officially over

The Walt Disney Company is planning to raise prices on its various streaming offerings as it prepares to launch an ad-supported category on December 8, the latest sign that the live streaming market isn’t what it used to be. While media companies once rushed to launch new services and attract new subscribers with flashy offerings, … Read more

3 drug companies fall on Zantac lawsuit concerns. Shows strength analysts.

shares Sanofi And the GSK And the And the halon It fell for a second consecutive trading session on Thursday due to growing concerns about litigation over Zantac, a heartburn drug the Food and Drug Administration effectively pulled from the market in 2020 due to contamination concerns. The sale, which wiped out tens of billions … Read more

Oil prices are dropping, but energy company earnings estimates keep rising – these stocks are cheap

Oil prices have retreated from their peak earlier this year. But energy company earnings estimates continued to rise as demand increased and capital spending declined. Below is a screen of big-cap oil stocks as a starting point for investors. Take a look at the 10-year chart of front month continuous quotes for West Texas Intermediate … Read more

Disney shares rise amid strong earnings and Disney + prices rise

font size Disney has set itself the goal of boosting its Disney+ subscriber base to between 230 million and 260 million accounts by the end of fiscal year 2024. dream time Walt Disney Shares jumped after the media and entertainment giant reported better-than-expected earnings and subscriber growth. The company also said on Wednesday night that … Read more