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stock

Will the Consumer Cyclical Stocks Continue to Sizzle?

September 15, 2024

The Consumer Cyclical sector has been on a hot streak lately, with two top analysts predicting further growth for Domino's Pizza Enterprises Limited and Academy Sports and Outdoors. But before we dive into the specifics, let's take a step back and consider the bigger picture. Are these analysts jus

finance

Will the Golden Cross Pattern Prove to be a Beacon of Hope for Investors?

September 15, 2024

The stock market has been on a wild ride in recent months, with August's global market rout followed by a September slump. Amidst this volatility, CNBC Pro screened FactSet for stocks forming or approaching a golden cross pattern, a chart indicator that suggests a potential breakout. Of the three na

business

Will Procter & Gamble's Q4 Earnings Meet Expectations?

September 15, 2024

Procter & Gamble is set to release its fourth quarter earnings results, and investors are eagerly waiting to see if the company will meet its full-year guidance. The consensus EPS estimate is $1.37, flat year-over-year, while the consensus revenue estimate is $20.74 billion, a 0.7% increase from las

business

What's Going On? Trump's Truth Social Stock Halt Sparks Fury

September 15, 2024

When former President Donald Trump's social media company, Truth Social, saw its stock skyrocket, he took to his platform to express his frustration. Trump lashed out at Nasdaq, claiming that the routine trading halt was a political move, and even threatened to move the listing to the New York Stock

business

Will Verizon's Layoffs Save the Day or Sink the Ship?

September 14, 2024

Verizon's decision to lay off nearly 5,000 employees is a bold move aimed at streamlining operations and increasing profitability. But will it be enough to boost the company's stock growth, which has fallen short of expectations? As the telecom giant embarks on a cost-cutting and internal reorganiza

business

Will Sharps Technology's Bid to Stay on Nasdaq Succeed?

September 13, 2024

The tale of Sharps Technology's struggle to maintain its Nasdaq listing is a cautionary story of the perils of underperforming stocks. The company, which has been granted approval to stay listed on the exchange, has been working tirelessly to address a bid price deficiency. The journey began with a

business

Will Micron's Slump Continue? A Closer Look at the Downturn

September 13, 2024

Micron Technology, a leading player in the memory chip industry, has been experiencing a rollercoaster ride lately. After a 4.4% gain on Wednesday, the stock plummeted 5% on Thursday following a double downgrade and price target cuts from analysts. But is this slump a temporary setback or a sign of

technology

Chinese Electric Vehicle Makers Hit a Speed Bump: Beijing's Warning on Tech Protection

September 13, 2024

The Chinese electric vehicle (EV) market is facing yet another challenge as the government in Beijing has issued a recommendation to protect key technology by keeping advanced electric vehicle parts within the nation. This move has sent shockwaves through the industry, causing Chinese EV stocks to p

business

Kakao Founder's Trial: A Watershed Moment for South Korea's Internet and Media Industries?

September 12, 2024

Imagine a world where a single messaging app has become the heart of South Korea's 15th largest conglomerate by assets. That's the reality for Brian Kim, the founder of Kakao Corp. He's now facing trial for allegedly rigging prices during the takeover battle for K-pop powerhouse SM Entertainment Co.

technology

Oracle's Surprising Comeback: Can Legacy Tech Still Compete?

September 12, 2024

Larry Ellison, the 80-year-old co-founder, chairman, and chief technology officer of Oracle, has been partying like it's 1999. Despite fellow legacy tech giants Intel and Cisco struggling to adapt to the AI-driven world, Oracle has emerged as the belle of the Wall Street ball. The company's cloud bu