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Steel stocks, Steel production stocks
According to a report from Bloomberg News that cited people familiar with the matter, U.S. President Joe Biden will block Nippon Steel's proposed $14.9 billion buyout of U.S. Steel (X) on national sec ... According to a report from Bloomberg News that cited people familiar with the matter, U.S. President Joe Biden will block Nippon Steel's proposed $14.9 billion buyout of U.S. Steel (X) on national security concerns. The moves comes after a tough year for U.S. steel prices, weighed down by weakening ... Keep Reading
Schaeffer’s Midday Market Check Daily Newsletter
Stocks are struggling for direction at midday, after this morning's hotter-than-expected PPI reading and initial jobless claims that rose to a two-month high of 242,000. The Dow Jones Industrial Aver ... Stocks are struggling for direction at midday, after this morning's hotter-than-expected PPI reading and initial jobless claims that rose to a two-month high of 242,000. The Dow Jones Industrial Average (DJI) has reversed its premarket losses, up a modest 18 points at last look. Though the S&P ... Keep Reading
Adobe ADBE stock news and analysis
Shares of Adobe Inc (NASDAQ:ADBE) are down 12.8% at $479.45 at last glance, after the software name's disappointing full-year and fiscal first-quarter forecasts, despite better-than-expected fiscal fo ... Shares of Adobe Inc (NASDAQ:ADBE) are down 12.8% at $479.45 at last glance, after the software name's disappointing full-year and fiscal first-quarter forecasts, despite better-than-expected fiscal fourth-quarter earnings and revenue. In response, TD Cowen downgraded the stock to "hold" from "buy" a ... Keep Reading
Bullish trader, betting on upside, bullish stock outlook, record highs
JPMorgan initiated coverage on Celsius Holdings Inc (NASDAQ:CELH) with an "overweight" rating and a $32 price target, helping shares to a 3% pre-market lead. In its bull note, the analyst in question ... JPMorgan initiated coverage on Celsius Holdings Inc (NASDAQ:CELH) with an "overweight" rating and a $32 price target, helping shares to a 3% pre-market lead. In its bull note, the analyst in question highlighted lighter inventory, growth trends in the U.S. energy drink category, and CELH's current v ... Keep Reading