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Investment strategy

Starbucks gets a price target cut after a brutal quarterly miss and light guidance

by Adrian Jhonsan
Starbucks gets a price target cut after a brutal quarterly miss and light guidance

Starbucks shares plummeted Tuesday evening by roughly 11.5% after the coffee giant delivered a much weaker-than-expected quarter. The company also cut its outlook for fiscal 2024, leaving little room for …

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Categories World

Eli Lilly (LLY) says it can overcome high-quality problem of too much demand

by Shawn Butlere
Eli Lilly (LLY) says it can overcome high-quality problem of too much demand

Eli Lilly ‘s raised guidance stole the show Tuesday, offsetting mixed first-quarter results and propelling shares higher by nearly 6%. The numbers leave little doubt that the long-term Eli Lilly …

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Categories Health

New Calamos ETF promises ‘100% downside protection.’ How it works

by Adrian Jhonsan
New Calamos ETF promises ‘100% downside protection.’ How it works

A new ETF designed to shield investors from the risk of market volatility starts trading on Wednesday.  The Calamos S&P 500 Structured Alt Protection ETF (CPSM) promises to deliver investors …

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Cannabis stocks surge as Biden administration moves to reclassify marijuana

by Adrian Jhonsan
Cannabis stocks surge as Biden administration moves to reclassify marijuana

Trade Roots, a Wareham-based Cannabis dispensary grows cannabis plants for making CBD with THC in their greenhouse, and manufactures CBD products for sale in their shop and distribution to buyers.  …

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WTI falls below $82 on inflation data

by Milton Acorn
WTI falls below  on inflation data

An oil pumpjack is pictured in the Permian basin, Loco Hills regions, New Mexico, U.S., April 6, 2023. Liz Hampton | Reuters U.S. crude oil dropped below $82 a barrel …

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Categories Science

GEHC’s unwarranted post-earnings plunge is a buying opportunity

by Shawn Butlere
GEHC’s unwarranted post-earnings plunge is a buying opportunity

Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. (We’re …

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Categories Health

Companies from McDonald’s to 3M warn inflation is squeezing consumers

by Adrian Jhonsan
Companies from McDonald’s to 3M warn inflation is squeezing consumers

McDonald’s employee giving change to a customer. Jeffrey Greenberg | UIG | Getty Images Some of America’s best-known corporations are saying their consumers are being pinched by inflation as prices …

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Categories World

Online education stocks CHGG and COUR tank on ChatGPT threat

by Adrian Jhonsan
Online education stocks CHGG and COUR tank on ChatGPT threat

James Tahaney loads textbooks on to a pallet in preparation for shipping at the Chegg warehouse in Shepherdsville, Kentucky, on April 29, 2010. John Sommers II | Bloomberg | Getty …

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Categories World

Series I bond rate is 4.28% through October 2024

by Adrian Jhonsan
Series I bond rate is 4.28% through October 2024

Jitalia17 | E+ | Getty Images Series I bonds will pay 4.28% annual interest from May 1 through October 2024, the U.S. Department of the Treasury announced Tuesday. Linked to …

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Categories World

5 things to know before the stock market opens Tuesday, April 30

by Adrian Jhonsan
5 things to know before the stock market opens Tuesday, April 30

Here are the most important news items that investors need to start their trading day: 1. Climbing Stocks continued their gains on Monday ahead of a Federal Reserve meeting and …

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Categories World
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