Global S&P Futures mixed in premarket
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StreetInsider.com Top Tickers, 6/24/2026
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Chip stocks plunge, but bargain-hunters limit scale of tech rout
- FedEx falls 4% as CY2026 profit forecast misses expectations despite Q4 beat
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- Needham Starts NeoVolta (NEOV) at Buy
- NextEra to discuss paying about $76 per share for Dominion, Bloomberg News reports
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Campbell Soup (CPB) Declares $0.39 Quarterly Dividend; 7.7% Yield
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
JPMorgan Says US Forward Price-to-Earnings Ratio is 'Very Stretched'
May 7, 2024 7:05 AM EDTJPMorgan Says US Forward Price-to-earnings Ratio is 'Very Stretched'
The analyst comments "We are concerned about inflation staying too high if there is no slack created in the economy, adverse bonds demand-supply with negative term premia, consensus expectation of profit acceleration of almost 20% between Q1 and Q4 of... More
BTIG's Krinsky sees buying opportunity in China stocks despite bearish sentiment
May 7, 2024 6:19 AM EDTA BTIG analyst said in a note Tuesday that the current bearish sentiment and improving trend has created an attractive set-up for Chinese equities.
The analyst stated that after a rough start to 2024, the Hang Seng is now beating S&P 500 in the year-to-date, while sentiment is "still extremely... More
The re-test of 2024 high is coming: BTIG on S&P 500
May 6, 2024 1:28 PM EDTBTIG has analyzed market trends and predicted that the S&P 500 index will likely re-test its 2024 high.
The investment firm said in a research note Monday that the index, which is considered the best gauge of large-cap U.S. equities, is now firmly above its downtrend from... More
What are CTAs buying and selling: Oil, dollar, S&P 500
May 6, 2024 6:17 AM EDTAnalysts at Bank of America said in a note Monday that Commodity Trading Advisors (CTAs) have seen large declines on the back of bond shorts and USDJOY and oil longs.
The bank said that even after the drop in US Treasury yields last week, trend followers remain quite... More
