In a recent panel discussion in Qatar, Donald Trump Jr., the eldest son of U.S. President Donald Trump, hinted at a potential future run for the presidency. What Happened: Trump Jr. addressed a question about his political ambitions following his…
JPMorgan Chase & Co. (NYSE:JPM) will host its annual investor day on Monday, transforming the typically strategy-focused gathering into an audition for Wall Street’s most coveted leadership role as Jamie Dimon prepares to step down as CEO within the next…
Wedbush analyst, Dan Ives anticipates that Apple Inc. (NASDAQ:AAPL) could increase its iPhone assembly production in India to 60%-65% by fall, depending on tariff negotiations. What Happened: On Friday, Ives posted his views on X that Apple could significantly ramp up its iPhone assembly…
Major brokerages have gone back on their U.S. recession forecasts after a 90-day tariff pause between U.S. and China. What Happened: Goldman Sachs reduced its U.S. recession odds from 45% to 35%, and Barclays ruled out a recession completely. J.P.…
The 145% tariff on Chinese imports, previously imposed by President Donald Trump, has reportedly put Walmart and Target supplier’s Huntar Company Inc.’s factory in China at risk of shutting down. What Happened: The tariff, which was effective from April 9, has caused…
Looking into the current session, Bristol-Myers Squibb Inc. (NYSE:BMY) shares are trading at $47.05, after a 1.20% decrease. Over the past month, the stock decreased by 6.76%, but over the past year, it actually spiked by 4.70%. With questionable short-term…
As of May 7, 2025, three stocks in the financial sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions. The RSI is a momentum indicator, which compares a stock’s…
U.S. stock futures fell on Monday after a nine-day winning streak on the S&P 500 index. Futures of major benchmark indices were lower in premarket. The S&P 500 index notched a nine-day advance for the first time since November 2004…
On CNBC's “Halftime Report Final Trades,” Joshua Brown, CEO of Ritholtz Wealth Management, said Uber Technologies, Inc. (NYSE:UBER) is up 35% year-to-date. As recent news reported, Uber Technologies disclosed a multi-year strategic partnership with May Mobility on Thursday to scale…
The most oversold stocks in the information technology sector presents an opportunity to buy into undervalued companies. The RSI is a momentum indicator, which compares a stock’s strength on days when prices go up to its strength on days when…