Text size Justin Sullivan / Getty Images Coca-Cola shares are rising early Wednesday morning, a day after launching better-than-expected earnings. The reason: An update from Morgan Stanley, which argues that stocks have become too cheap. Analyst Dara Mohsenian raised its rating on Coca-Cola (ticker: KO) shares to Equal Weight’s Overweight, …
Read More »Tesla’s earnings broke forecasts again. Hello, S&P 500.
Text size Héctor Retamal / AFP via Getty Images Elon Musk has done it again, exceeding Wall Street expectations for Tesla‘s earnings significantly for the fourth consecutive quarter. The electric vehicle manufacturing company (ticker: TSLA) reported adjusted earnings per share of $ 2.18, and a profit under generally accepted accounting …
Read More »Stock market timekeeper, revered by hedge fund giants, says the S&P 500 will cap 3,500 in a few weeks
Tom DeMark says the S&P 500 index has more room to run, according to a Bloomberg News report on Tuesday. The technical analyst and market timekeeper says the broad market stock index is likely to hit 3,500 as the general stock market tries to catch up to the dizzying pace …
Read More »Mobile Stock Premarket: Best Buy, Pfizer, Snap
Text size The future of US stocks fell on Wednesday morning, as Wall Street was concerned about continuing tensions between the US and China, as well as continuing fears about the coronavirus and the cost it has affected. to the economy. On the US-China front, tensions escalated after the US …
Read More »Slack files EC competition complaint against Microsoft
Slack Technologies Inc. JOB, -1.10% said Wednesday that it filed a competition complaint against Microsoft Corp. MSFT, + 0.35%, alleging the illegal and anti-competitive practice of abusing their market dominance, before the European Commission. “Microsoft has illegally linked its Teams product to its market-dominant Office productivity suite, forces millions to …
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