Investors are doing their best to identify the most promising stocks, which will help them achieve their financial goals. A key criterion for the selection of the most promising stocks is the growth of earnings per share. All else being equal, the faster a company grows its EPS the greater …
Read More »Why Wall Street’s growth-heavy Nasdaq Composite is still rallying as Treasury yields rise
Stock-market investors should not blindly follow the established narratives suggesting rising Treasury yields usually spook technology and growth stocks but focus on underlying economic trends which are the real driver, market analysts say. The Nasdaq Composite index COMP, -0.58%, home to many of the tech and growth stocks that were …
Read More »Wall Street Is Baffled by the Stock Market
(Bloomberg) — The bond market finally got the Federal Reserve’s message on rates, while stock investors continue to ignore it, for the most part. Most Read from Bloomberg While the mood music soured in the latter half of the week, equities are still largely defying the one thing that has …
Read More »EVs behind BP’s $1.3B TravelCenters of America deal
Electric vehicle (EV) charging appears to be one of the factors behind energy company BP’s proposed purchase of TravelCenters of America. The two companies on Thursday revealed the plans for BP to acquire TravelCenters of America in an all-cash $1.3 billion deal, subject to regulatory and TravelCenters shareholder approval. TravelCenters …
Read More »Nvidia Stock Can Endure a Slowdown, Analyst Says. AI Is Key.
Text size Oppenheimer expects Nvidia to forecast 9% growth in data-center revenue for its first fiscal quarter from the prior year. Courtesy of NVIDIA Nvidia should be insulated from any slowdown in the broader economy by increased spending on artificial intelligence, said analysts at Oppenheimer and KeyBanc, who lifted their …
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