Disney, Poshmark, Vroom and more

Disney, Poshmark, Vroom and more

Disney World celebrated its 50th anniversary in April 2022. Aaronp / bauer-griffin | Gc Images | Getty Images Check out the companies making headlines on midday trading Monday. Poshmark – Shares of the secondhand fashion retailer jumped 15% after Barclays upgraded them to overweight from equal weight. The firm said it sees more than 40% … Read more

Monday top Wall Street analyst calls: Apple, Amazon, Disney, Peloton

Here are Monday’s biggest calls on Wall Street: JPMorgan reiterates Peloton as overweight JPMorgan said it’s staying positive on shares of Peloton heading into earnings next week. “We remain positive on PTON shares as the company continues to shift its cost structure from fixed to variable with an eye toward turning FCF positive in the … Read more

Activist Meister eyes up another possible conglomerate break-up to unlock value

Keith Meister, founder and chief investment officer at Corvex Management LP. Brendan McDermid | Reuters Company: MDU Resources Group Inc. (MDU) MDU Resources is a regulated energy delivery and construction materials and services business. The company is organized into the following four business segments: (i) utilities: electric and natural gas distribution, (ii) pipeline, (iii) construction … Read more

Rivian, Teladoc, Bed Bath & Beyond, Walmart

Here are Friday’s biggest calls on Wall Street: DA Davidson initiates Teladoc as buy DA Davidson said it sees upside for the the telehealth company. “COVID created unprecedented tailwinds for the market, which turned into headwinds; we believe we are now at stable to growing penetration rates for telehealth, and that Teladoc is well-positioned to … Read more

‘Forget the past three years’

Eugene Zhang, founding partner of Silicon Valley VC firm TSVC Spencer Greene, general partner of TSVC Courtesy: TSVC Eugene Zhang, a veteran Silicon Valley investor, recalls the exact moment the market for young startups peaked this year. The firehose of money from venture capital firms, hedge funds and wealthy families pouring into seed-stage companies was … Read more

Market is on edge ahead of CPI report that will test peak inflation thesis

-The market is pausing, hesitating, digesting, waiting for the CPI number Wednesday right in the border zone between “just another doomed bear-market rally” and “possibly the start of a real base and lasting advance.” -The S & P 500 has been sideways just under its early-June highs for eight straight trading days now, consolidating the … Read more

Norwegian Cruise Line, Micron Technology, Signet Jewelers, Novavax and more

A view of the Norwegian Encore cruise ship during its inaugural sailing from PortMiami, which took place from Nov. 21-24, 2019. Orlando Sentinel | Tribune News Service | Getty Images Check out the companies making headlines in midday trading. Norwegian Cruise Line – Shares sank nearly 12% on Tuesday after the company reported second-quarter results … Read more

Stocks trade lower; SoftBank falls after earnings report

SINGAPORE – Shares in the Asia-Pacific were mixed Tuesday on a quiet data day as markets continue to digest last week’s stellar US jobs report. SoftBank Group’s stock fell around 7% after its Vision Fund reported a 2.93 trillion Japanese yen ($ 21.68 billion) loss for the June quarter on Monday after the market close. … Read more

Consumers’ expectations of future inflation decreased significantly in win for the Federal Reserve

Shoppers inside a grocery store in San Francisco, California, US, on Monday, May 2, 2022. David Paul Morris | Bloomberg | Getty Images The consumer outlook for inflation decreased significantly in July amid a sharp drop in gas prices and a growing belief that the rapid surges in food and housing also would ebb in … Read more

Lyft, Carvana, Warner Bros. Discovery, DraftKings

Confetti falls as Lyft CEO Logan Green (C) and President John Zimmer (LEFT C) ring the Nasdaq opening bell celebrating the company’s initial public offering (IPO) on March 29, 2019 in Los Angeles, California. The ride hailing app company’s shares were initially priced at $ 72. Mario Tama / Getty Images Check out the companies … Read more