Business

Business
Business

Bank of America revamps Intel stock price target

Intel (INTC) stock closed the May 11 trading session at $129.44. That means it has gained 93.8% since April 23, according to Yahoo Finance. Meanwhile, the SPDR S&P 500 index (SPY) is up about 4.3% in the same period. Why is Intel outpacing the S&P 500 so much, and why that specific period? The company

Read More
Business

Major U.S. housing market faces troubling shift

For much of the 2020s, the Sun Belt has carried the American housing market’s growth story. Austin, Phoenix, Tampa, and similar metros became the destination markets, drawing migration from higher-cost regions and producing the kind of appreciation and rent growth that dominated real estate coverage. People were moving south and west, demand was outpacing supply,

Read More
Business

Hot inflation report throws cold water on Fed rate cuts 

April’s hot inflation reading isn’t going to change the Federal Reserve’s dire outlook for interest-rate cuts in 2026 but it will make incoming Fed Chair Kevin Warsh’s job tougher during his first year leading the world’s most powerful central bank. The Senate is expected to confirm President Donald Trump’s nominee to replace Jerome Powell by

Read More
Business

Another low-cost airline furloughs staff over fuel costs

With oil prices sitting at $100 per barrel for weeks over the war with Iran, airlines have been forced to make long-term decisions over what many initially hoped would be a temporary ebb. Airlines such as Delta, United, Virgin, Air France, Air Canada and Lufthansa have all had to axe multiple flights to the U.S. and

Read More
Business

Another airline fires staff over jet fuel costs

With almost every major airline trimming its summer flying schedule to prioritize high-traffic routes and maximize the use of jet fuel, the impact of oil prices sitting at $100 per barrel for weeks due to the war with Iran continues to have far-reaching effects. While its financial problems stretch back years in what ultimately led

Read More
Business

Citi resets Broadcom stock price target for the rest of 2026

One of Wall Street‘s most closely watched semiconductor analysts just moved his price target ahead of an earnings report that could define how the AI chip trade is valued for the rest of the summer. The note he published does more than raise a number. It lays out a specific projection for one company’s AI

Read More
Business

Treasury strategy is becoming Wall Street’s biggest story

For years, Wall Street evaluated companies through a familiar set of lenses: revenue growth, earnings performance, and market share expansion. Balance sheet management was a back-office function. Treasury strategy was something CFOs handled quietly while investors focused on growth multiples. That framework is shifting. And the companies that understand the new rules first may have

Read More
Business

Citi massively revamps Applied Materials stock price target

If you’ve ever wondered who makes the machines that build the chips powering artificial intelligence (AI), Applied Materials (AMAT) is a good place to start your education. It doesn’t make chips. But it manufactures the equipment that enables chipmaking, and right now, the world can’t get enough of both. Citi analyst Atif Malik reset AMAT’s

Read More
Business

Tesla gets a China win that comes with a warning

Tesla’s (TSLA) worldwide EV story is looking a bit vulnerable. The car company that appeared to be dictating the pace of the electric vehicle market has spent the past year trying to regain momentum in some of its key locations. Chinese competitors have been quicker on pricing, Europe has grown more challenging, and investors have

Read More
Business

Toyota is working on a fix for its giant $4.3 billion problem

Negotiations with Iran were not headed in a positive direction Monday, May 11. This is bad news for Toyota, the world’s largest automaker, because the war across the Middle East has already cost it billions. Toyota says that “Middle East impacts” will cost the company 670 billion yen ($4.3 billion) in its fiscal quarter. The

Read More