Investors are rotating to value. Charts look bullish for these real estate stocks
REITs look improved from a technical perspective as a function of the year-to-date sector rotation. Here what to watch out for in the sector.
Morgan Stanley says these two stocks will more than double as they pivot from bitcoin to data centers
A pair of bitcoin-linked firms could see their shares skyrocket, even as the flagship crypto retreats, due to their pivot to the data center business.
Stocks making the biggest moves midday: Oracle, Cleveland-Cliffs, Kyndryl, Nexstar, Workday, Hims & Hers
These are some of the stocks posting the largest midday moves.
FDA says Novo Nordisk’s TV ad for obesity pill includes ‘false or misleading’ claims
The FDA requested that Novo take immediate action to address the violations, which could include ceasing all ads containing misleading claims about the pill.
Josh Brown’s ‘HALO’ stocks: They can’t be disrupted by AI and will get more profitable because of it
HALO stocks are heavy assets, low obsolescence. They have risks, but not AI risks. In fact, in many cases, AI will probably enable them to become even more profitable.
Market rotation: Investors are selling 21st century ‘innovators’ to buy 19th century businesses
The Dow’s path to its first close above 50,000 on Friday illustrates this rotation story nicely.
Short-seller CapitalWatch apologizes, retracts report on AppLovin shareholder
CapitalWatch wrote that its report linking AppLovin shareholder Hao Tang and criminal syndicates was inaccurate.
Monday.com drops 19% as AI disruption fears mount in software
Software companies are facing mounting pressure from disruptive AI tools threatening to replace them.
Workday CEO Carl Eschenbach is stepping down, co-founder Aneel Bhusri to take over
The company’s co-founder, Aneel Bhusri, who has previously served as chief executive, will replace Eschenbach.
Citizens turns bullish on this fintech stock, says risk-reward has improved after tech sell-off
Citizens Bank’s $30 price target implies that shares of SoFi Technologies could rally 44% from here.