Bed Bath & Beyond stock is poised for its longest winning streak in 15 years after a Baird analyst suggested it was time to sell

Shares of Bed Bath & Beyond Inc. fell. On Tuesday, putting it at risk of its first drop in two weeks, Baird analyst Justin Kleiber suggested investors should sell, saying the latest “meme stock craze” comes despite continued liquidity concerns. Baird’s Kleber turned bearish on the home goods retailer after its BBBY stock, -14.20% It’s … Read more

Bed Bath & Beyond stock is poised for its longest winning streak in 15 years after a Baird analyst suggested it was time to sell

Shares of Bed Bath & Beyond Inc. fell. On Tuesday, putting it at risk of its first drop in two weeks, Baird analyst Justin Kleiber suggested investors should sell, saying the latest “meme stock craze” comes despite continued liquidity concerns. Baird’s Kleber turned bearish on the home goods retailer after its BBBY stock, -14.20% It’s … Read more

Disney has warned of a tough economy, but its diversified business offers safety as it approaches its 2024 live subscriber goal

Netflix Inc. has rebounded. once again. Can Walt Disney’s streaming service continue to grow despite CFO Kristen McCarthy’s warning in May of increasing costs amid macroeconomic hurdles? Disney DIS, -0.90%And the Like nearly every tech giant, it has weathered volatile economic times that prompted others to cut operating expenses and lower revenue expectations. Among the … Read more

Micron stock falls as company issues revenue warning amid ‘challenging’ memory chip conditions

Shares of Micron Technology Inc fell more than 5% in morning trading on Tuesday after the memory chip producer said it expected to be affected by “challenging” market conditions. Prior to the investor presentation, Micron MU, -3.74% Executives disclosed in a filing that they expect revenue for the company’s fiscal fourth quarter, which ends in … Read more

Citi has warned that the red flag that preceded the halving of global stocks in 2000 and 2007 is back.

We are far from data that could be a turning point for the markets. If Wednesday’s CPI does not reveal some slowdown in prices, expectations for a further Fed rate hike in September will rise, potentially hitting stocks. But if it swings in the other direction, especially after surprisingly good jobs data, the view that … Read more

Citi has warned that the red flag that preceded the halving of global stocks in 2000 and 2007 is back.

We are far from data that could be a turning point for the markets. If Wednesday’s CPI does not reveal some slowdown in prices, expectations for a further Fed rate hike in September will rise, potentially hitting stocks. But if it swings in the other direction, especially after surprisingly good jobs data, the view that … Read more

Newbie stocks drop after earnings, but CEO says he’s ‘confident’ of value in AI lending

Shares of Upstart Holdings Inc. fell. After the company provided lower-than-expected revenue forecasts for the current quarter, but its CEO expressed confidence in the performance and value of AI-based lending. Since Upstart UPST, + 9.02% Presented the preliminary results for the second quarter A month ago Fell shy of expectationsthe main issue addressed in the … Read more

Nvidia stock collapses after the company said revenue fell way shy of expectations

Nvidia Corp shares fell more than 5% in morning trading Monday after the semiconductor company revealed that it expects to fall short of revenue forecasts for the fourth quarter, largely due to weak gaming. The company expects fiscal second-quarter revenue to come in at $6.7 billion, up from $6.5 billion a year earlier, while analysts … Read more

Palantir forecasts miscalculate. Stocks collapse.

font size Palantir . techniques David Paul Morris/Bloomberg shares Palantir . techniques It fell on Monday after the data analysis software company provided guidance for both the September quarter and the full year that were shy of Wall Street estimates amid signs of weak demand from both government and international clients. The good news is … Read more

Alibaba earnings highlight ‘attractive turnaround story’, although stocks return gains

Shares of Alibaba Group Holdings Ltd. appeared to give up after earnings in Friday’s trading, but analysts generally praised the Chinese e-commerce giant’s recent results. I mentioned the company Revenue growth is basically flat for the June quarter on Thursday morning, indicating an improvement in business trends over the period as well as progress in … Read more