Here are Monday’s biggest calls on Wall Street: Goldman Sachs initiates Ferrari as buy Goldman said the luxury vehicle company is firing on all cylinders. “We initiate with a Buy rating on Ferrari as we see a large volume of higher-priced Special Series volumes driving ASP growth for the company …
Almost every night, for almost a decade, I got a phone call between 7:00 and 7:01 p.m. ET. I didn’t have to look at the three letters on my phone screen to know who was ringing. It was the old man we called Pop, or more like “The Old Man …
Stocks bounced back Friday, but not enough to recover the week’s earlier losses. All three major averages posted gains — with the Dow Jones Industrial Average and the S & P 500 each adding about 1%, while the Nasdaq Composite advanced 0.9% — after New York Fed President John Williams …
TJX Companies on Wednesday reported a beat-and-raise quarter as consumers continue to focus on getting the most bang for their depreciating buck. The stock is a bright spot in the banged-up retail sector. Revenue in the three months ended Nov. 1 increased 7.5% year over year to $15.12 billion, exceeding …
The bounce. Oh, the bounce. Real? Fake? Invitation to your financial funeral? Or the opportunity to buy the best of the megacaps at cheaper prices? Somehow that’s how the debate has been framed. It’s so unfortunate because the real Achilles Heel of this market has nothing to do with the …
It was a volatile week for the stock market, with the Dow Jones Industrial Average hitting an all-time high before pulling back. Wall Street pulled money away from Big Tech and into more defensive sectors, such as health care and financials. The end of the longest-ever U.S. government shutdown and …
The bull market probably didn’t die last week. But its recent ructions might offer a glimpse of its eventual demise, the way bouts of angina can foreshadow a heart attack. The S & P 500 index survived the week virtually unchanged, but only after absorbing its third 3-4% pullback in …
Planes line up on the tarmac at LaGuardia Airport on November 10, 2025 in New York City. Spencer Platt | Getty Images News | Getty Images The U.S. has been scrambling to hire more air traffic controllers for years. The longest-ever federal government shutdown might have made that even harder. …
“Let’s start with something simple. I cannot recall a time this year when it feels this good to be diversified among a whole host of terrific growth stocks, because growth of all kinds always works. Until now, it’s been terrific for all of 2025 to own nothing but data center, …
Cisco Systems shares spiked higher Wednesday evening after the networking company delivered a quarterly beat and outlook raise. Another quarter of double-digit order growth proves Cisco is an underrated winner from the AI infrastructure buildout. Revenue in the company’s fiscal 2026 first quarter, which ended Oct. 25, increased 8% year …