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

J&J’s trade-in offer for Kenvue is about to expire. The division number will be the key.

J&J's trade-in offer for Kenvue is about to expire.  The division number will be the key.

font size Kenvue controls brands like Listerine, Band-Aid, and Tylenol. Justin Sullivan/Getty Images A key figure in Johnson Johnson’s $40 billion exchange bid Kinfu It will be the percentage, or percentage of J&J stock that has been exchanged for Kenvue stock. the Johnson & Johnson (ticker: JNJ) exchange offerunveiled on July 24, It is set … Read more

Tesla stock fell again for a new reason. Here’s where to go.

Tesla stock fell again for a new reason.  Here's where to go.

font size Tesla stock tends to rise faster than the Nasdaq when the index is up, but it falls faster when the benchmark is down. Philip Lopez/AFP via Getty Images EV stock leader Tesla They took a beating over the past two weeks, for reasons related to both the company and what’s happening in the … 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

J&J’s Kenvo deal may be very popular. What happens if it is.

J&J's Kenvo deal may be very popular.  What happens if it is.

font size Johnson & Johnson took consumer health company Kenvue public in May. Mark Ralston / Getty Images Johnson and Johnson ‘s $40 billion stock exchange offer Kinfu It is likely to generate strong interest from the healthcare company’s shareholders, resulting in participants being able to swap only a portion of their J&J stock. Johnson … 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

Hawaii Electric Inventory sinks 41%. 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 fell 41% 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

US Steel, Tesla, AMC, Nikola, and More Stock Market Movers

US Steel, Tesla, AMC, Nikola, and More Stock Market Movers

font size US Steel rejected an unsolicited buyout offer from rival Cleveland Cliffs. Sean Gallup / Getty Images Stock futures rose on Monday as markets faltered in August, adding to this year’s rally. The focus on Wall Street this week will be the minutes of the Federal Reserve’s latest policy meeting and earnings reports from … Read more