Financials

In August, JPMorgan Chase (JPM) and Bank of America Merrill Lynch (BAC) suggested that investors not buy just yet. Their opinions are now changing.

Cannabis legalization is a hot topic. With the sudden boom in the cannabis industry, legalization at the national level is vital.

You’ve likely heard about it in the financial press recently: this ominous, notorious thing called the “yield curve inversion.”

HEXO reported its third-quarter earnings on June 12. The company reported revenues of $13.0 million, which fell short of analysts’ estimate.

White House economic advisor Larry Kudlow doesn’t see a looming recession. However, recession fears grew as the yield curve inverted last week.

According to the regulatory filing from Bill Ackman’s Pershing Square Capital, the fund has taken a new stake in Berkshire Hathaway (BRK.B).

Mixed results from data releases and corporate earnings have resulted in cautious optimism if you’re investing in ETFs, but the waters have muddied.

Yesterday, Morgan Stanley upgraded Ford Motor Company stock from “equal weight” to “overweight” and increased its target price.

Shares of leading gaming company Activision Blizzard (ATVI) have been unsteady. The company’s stock is currently trading at early 2017 levels.

Morgan Stanley doesn’t believe the S&P 500’s current breakout above 3,000 will last. It also doesn’t expect Fed rate cuts to rekindle growth.

Pure Alpha, the flagship fund of Ray Dalio’s Bridgewater Associates, fell 4.9% in the first half, the Financial Times reported.

On Wednesday, Bank of America (BAC) reported mixed second-quarter results. The bank’s profitability beat analysts’ expectation.

As we face a market downturn, market veteran Ray Dalio has valuable advice.

Bank of America’s (BAC) credit quality across its consumer and commercial portfolios remained stable at the end of the first quarter.

Disney has suspended its share repurchase program temporarily due to its heavy debt load.

Most analysts reduced their target prices on FedEx after the delivery giant trimmed its fiscal 2019 earnings outlook.

In this series, we’ll consider recommendations, target prices, estimates, and potential upsides and downsides for senior gold miners.

Chinese electric carmaker NIO (NIO) continued to burn cash in the fourth quarter.

Buffett said that considering Berkshire Hathaway’s massive stake in Kraft Heinz, it wouldn’t be easy for him to exit the company.

Berkshire Hathaway (BRK-B) chair Warren Buffett has never been a fan of cryptocurrencies like bitcoin.

Southwest Airlines (LUV) rose over 4% yesterday on social media speculation that Warren Buffett’s Berkshire Hathaway is considering a takeover bid.

In the third quarter of 2018, Square spent 15.4% of its revenue on product development and 13.2% on sales and marketing activities.

Currently, 21 analysts are actively tracking Stanley Black & Decker. Among the analysts, 67% recommend a “buy,” while 33% recommend a “hold.”

The Walt Disney Company is among those large American companies that have launched back-to-school programs for their employees.

The broader market sell-off started on December 1 when Huawei Technologies’ CFO Meng Wanzhou was arrested by Canadian authorities.

For LyondellBasell, 30% of the analysts recommended a “buy,” 65% recommended a “hold,” and 5% recommended a “sell.”

According to a report by the IDC, total spending on the blockchain platform is expected to climb by 122% to $2.1 billion.

For Sherwin-Williams, 64% of the analysts recommended a “buy,” 36% recommended a “hold,” and none of the analysts recommended a “sell.”

Tech giant Microsoft (MSFT) has been rewarding its shareholders with dividend payments.

Caterpillar’s Resource Industries segment is the company’s lowest revenue contributor. The segment had a revenue share of 18% in the second quarter.

The final week of the second quarter might help brokerages, primarily because of higher client participation.

The growing adoption of IBM’s (IBM) Watson AI platform is contributing significantly to the company’s overall business.

Berkshire Hathaway (BRK.B) was sitting on liquidity of $118 billion at the end of the first quarter.

TD Ameritrade’s (AMTD) PE ratio stood at 16.68x on a next 12-month basis, which implies discounted valuations.

In 1Q18, Berkshire Hathaway’s (BRK.B) insurance revenue fell YoY (year-over-year) to $14.6 billion from $22.9 billion.

JPMorgan Chase (JPM) stock has generated a return of 21.0% in the last six months and 31.3% over the past year.

Asset classes In its investor presentation on February 21, 2018, T. Rowe Price (TROW) stated that its core business is helped by the allocation of its AUM (assets under management) in different asset classes and its strong client base. However, the company also believes that targeting new opportunities is crucial for its core business. Of its total AUM, […]

Visa (V) saw a rise of 13% in total operating expenses on a YoY (year-over-year) basis in fiscal 1Q18. It incurred $1.5 billion in expenses in fiscal 1Q18 compared to $1.4 billion a year earlier.

Raymond James Financial (RJF) generated a return of 4.8% in the last three months and 17.6% in the last year.

E*TRADE Financial Corporation (ETFC) is covered by 16 analysts in February 2018. Of these analysts, nine suggested a “strong buy” and three gave “hold” ratings on ETFC.