This is Just the First of Likely Several Disappointing Quarters - Morgan Stanley
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StreetInsider.com Top Tickers, 6/25/2026
- Wall St ends mixed as tech megacap declines outweigh upbeat chip outlook
- Micron posts record profit as AI memory demand fuels explosive growth
- Brent settles at lowest since before start of Iran war as more tankers exit Hormuz
- IBM surges on unveiling sub-1nm chip technology breakthrough
- 'Long-term deals significant positive for stock:' Analysts react to Micron results
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- Needham Starts NeoVolta (NEOV) at Buy
- Rockstar Games opens GTA VI pre-orders, priced at $79.99
- Rubio meets Gulf leaders, pledges security amid Iran deal doubts
- Hertz cuts guidance, announces notes and stock offerings, shares sink
JPMorgan Raises US Q2 Real GDP Forecast to 1.4% from 0.7%
July 27, 2022 9:47 AM EDTJPMorgan Raises US Q2 Real GDP Forecast to 1.4% from 0.7%
... MoreRelief Rally Nearing Exhaustion as Seasonally Weak August Approaches - BTIG
July 25, 2022 7:24 AM EDTJonathan Krinski, Chief Market Technician at BTIG, sees the ongoing relief rally in stocks nearing an exhaustion point.
The strategist took note of a c10% rally off recent lows and urged clients to cut risk exposure above the 4,000 handle in the S&P 500.
We are still in... More
Goldman Sachs Sees Many Firms Missing Q2 Revenue Estimates on Strong Dollar
July 25, 2022 5:53 AM EDTSeveral firms that missed Q2 revenue estimates have recently blamed the strong U.S. dollar. Goldman Sachs calculation shows that a 10% appreciation in the trade-weighted dollar creates a 2-3% impact on EPS.
David Kostin, Goldman Sachs chief U.S. Equity Strategist, sees many more companies reporting weaker-than-expected Q2 revenue numbers due to the strong greenback.
However, there is a huge difference in the impact produced by the strong dollar when... More
