Abbey earnings smash Wall Street estimates. Here’s why the stock is down.

Abbey earnings smash Wall Street estimates.  Here's why the stock is down.

font size Wall Street is starting to wonder if the current environment is as good as it is for Derry. Justin Sullivan/Getty Images monastery It shattered Wall Street’s earnings estimates more Financial guidance for the fiscal year. However, the stock decreased. The current results have been impressive, but investors are worried about whether the current … Read more

Citi says Apple shares are a buy-in before the iPhone 15 is released. Let history be a guide.

Citi says Apple shares are a buy-in before the iPhone 15 is released. Let history be a guide.

font size The new iPhone 15 series is expected to be launched in September. AFP via Getty Images apple Stocks usually do well before a new iPhone is released and this year will be no different, according to a bull. Atif Malik, an analyst at Citi, maintained a Buy rating on the stock in a … Read more

PayPal stock can’t catch up. A large investor cuts his stake.

PayPal stock can't catch up.  A large investor cuts his stake.

font size The problem with PayPal is that consumers are returning to pandemic spending patterns with fewer online orders. Courtesy PayPal The applause for PayPaa’s new boss didn’t last long. The payment giant’s stock got a small bump when it announced this gut instinct CEO Alex Kress will take over as CEO next month. PayPal … Read more

Hawaii electric hobs. The analyst says the Maui wildfires are a risk to stocks.

Hawaii Electric Inventory sinks 41%.  The analyst says the Maui wildfires are a risk to stocks.

font size Hawaii Electric stock was falling on Monday. Patrick T Fallon/AFP via Getty Images Hawaii Electric Industries It was falling on Monday as wildfires in Maui weighed on the company’s stock. Wells Fargo maintained the Underweight rating on Hawaiian Electric (stock ticker: HE) stock in a report, and cut its price target to $25 … Read more