Inflation data so far in 2024 "disappointing" - Fed's Barr
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/24/2026
- Nasdaq, S&P end lower as tech stocks fall
- 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
- All eyes on Micron earnings tonight as sell-off raises stakes for AI memory trade
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Rescue work underway after quakes rock Venezuela, 'high casualties' likely
- Needham Starts NeoVolta (NEOV) at Buy
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- NextEra to discuss paying about $76 per share for Dominion, Bloomberg News reports
- Campbell Soup (CPB) Declares $0.39 Quarterly Dividend; 7.7% Yield
JPMorgan: Earnings trends are showing a rotation in certain areas
May 20, 2024 1:46 PM EDTIn an equity strategy memo released this week, analysts at investment bank JPMorgan communicated that they believe earnings trends are showing rotation in certain areas, two in particular.
The bank notes that the first quarter reporting season showed an age-old pattern of beats vs heavily lowered expectations.
"We looked for the beats in Q1 preview, given low hurdle rate and better activity momentum, but also for the stocks not to be rewarded," said the bank. "Interestingly, both beats and misses received a... More
