Why Facebook parent Meta is still a ‘top recession stock’ despite stark warnings from executives
Cost cuts could help relieve revenue pressure, Bank of America says
Cost cuts could help relieve revenue pressure, Bank of America says
Shares of Walmart Inc. WMT, +1.32% rallied 1.32% to $124.25 Tuesday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index SPX, +0.16% rising 0.16% to 3,831.39 and the Dow Jones Industrial Average DJIA, -0.42% falling 0.42% to 30,967.82. This was the stock’s second consecutive day of gains. Walmart Inc. closed $36.52 short of its 52-week high ($160.77), which the company achieved on April 21st.
Monness Crespi Hardt lowered its 12-month price target on Alphabet’s stock to $2,900 from $3,500 amid an apparent recession
Credit Suisse analysts lowered their S&P target, but said the revision is not due to ‘recessionary concerns’
U.K. stocks rose Monday, as the FTSE 100 Index UKX, +0.89% closed up 0.89% at 7,232.65.
Shares in Vitesco Technologies AG rose on Monday after Germany’s Schaeffler family raised its stake in the company to just under 50%, the family’s holding company IHO said Monday.
An entity controlled by Buckthorn Partners LLP and the Arab Petroleum Investments Corporation intends to sell a 12.6% stake in Ashtead Technology Holdings PLC.
Dr Copper has graded the global economy, and noted: “must do better.”
Buoyed by positive growth for shares of McDonald’s and Boeing, the Dow Jones Industrial Average is climbing Friday afternoon.
Workman Co. shares rose sharply Monday morning after the Japanese apparel retailer’s same-store sales in June rose 14% from a year earlier thanks to strong sales of summer clothes.