Susquehanna analyst Christopher Rolland improved the shares of Advanced Micro Devices Inc. AMD, -1.97% to positive from neutral on Wednesday, following the better-than-expected earnings report from the chip company and Intel Corp.’s INTC, -0.66% He admitted last week that he would have to delay the launch of his 7-nanometer chips. …
Read More »GM shares rise 3.8% in pre-market after automaker posted less-than-expected loss
General Motors Co. shares GM, + 2.45% It rose 3.8% in premarket trading on Wednesday, after the automaker posted a lower-than-expected loss for the second quarter and sales that exceeded estimates. The company said it had a net loss of $ 758 million, or 56 cents a share, in the …
Read More »Here are five stock picks of securities that set up your portfolio for a pandemic recovery
If you really want to call yourself a counter investor, it’s time to take a closer look at what hasn’t worked so far this year: value stocks and dividend stocks. Value stocks have underperformed growth stocks (especially Tesla Inc. TSLA, -4.09% and the most popular tech names) amid the economic …
Read More »Buy American says Europe’s largest asset manager
Sometimes it takes a stranger to fully appreciate something. Europe’s largest asset manager Amundi Asset Management has produced research showing why US stocks have outperformed the world and why that superior performance can continue. Admitted by two from his Boston office, Craig Sterling, his head of US equities research, and …
Read More »European stocks struggle amid rising earnings and as Fed decision approaches
European stocks struggled for profit on Wednesday as investors received a flood of earnings from banks such as Barclays PLC and Deutsche Bank AG, and waited for a Federal Reserve announcement to come later. The Stoxx Europe 600 SXXP Index, + 0.06% It fell 0.3% to 366.94 after gaining 0.4% …
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