These beaten-up stocks show signs of bottoming as rest of market falls to new lows

These beaten-up stocks show signs of bottoming as rest of market falls to new lows

As investors digest the disappointing week, month and quarter end, they may be looking for stocks poised to rise through the end of the year. One way to gauge if a stock is set to gain is to look at its performance thus far: If it has lost a lot of value since the start … Read more

How to protect your 401(k) in a bear market

How to protect your 401(k) in a bear market

Editor’s Note: This is an updated version of a story that originally ran on August 29, 2022. Stocks and bonds are trading in bear territory. And given current circumstances, it’s fair to assume the markets will remain volatile for awhile. Interest rates are rising quickly in the US and Europe amid government efforts to tamp … Read more

Charts suggest it’s ‘way too early’ for the market to rebound

Charts suggest it’s ‘way too early’ for the market to rebound

CNBC’s Jim Cramer on Friday warned investors that the stock market is unlikely to recover anytime soon. “The charts, as interpreted by Mark Sebastian … suggest that this market’s got more downside, and it’s way too early to go really bullish,” he said.  “Unlike him, I also believe we could get a sharp spike up, … Read more

Buy this electric vehicle charging company poised to rally 120% as adoption grows, Credit Suisse says

Buy this electric vehicle charging company poised to rally 120% as adoption grows, Credit Suisse says

Investors should consider betting on Allego, a provider of electric vehicle charging infrastructure positioned to benefit from growing EV adoption and potentially more than double its share price, according to Credit Suisse. Analyst Maheep Mandloi initiated coverage of Allego with an outperform rating and a $10 price target, saying in a note to clients that … Read more

Nike, Micron, Amylyx and others

Nike, Micron, Amylyx and others

Check out the companies making headlines before the bell: Nike (NKE) – Nike slumped 10% in the premarket after it reported a 44% increase in inventories for its latest quarter, and said it would offer more discounts heading into the holiday season. The athletic footwear and apparel maker reported better-than-expected profit and revenue for its … Read more

Stock futures are up slightly following Thursday’s broad sell-off

Stock futures are up slightly following Thursday’s broad sell-off

Stock futures were up slightly Thursday evening following a sharp sell-off that brought the S&P 500 to a new 2022 low. Futures for the S&P 500 were up 0.26%. The Dow Jones Industrial Average futures were up 0.17%. Nasdaq 100 futures were up 0.14%. The 2022 sell-off resumed in full force during regular trading on … Read more

China’s central bank PBOC warns against yuan speculation

China’s central bank PBOC warns against yuan speculation

The Chinese yuan weakened past the closely-watched 7.2 level against the greenback this week. Getty Images BEIJING — The People’s Bank of China has warned against betting on the yuan, after its rapid decline against the U.S. dollar this week. “Do not bet on a one-sided appreciation or deprecation of the renminbi exchange rate,” the … Read more

European markets rebounds after BoE steps in to calm markets

European markets rebounds after BoE steps in to calm markets

Stocks on the move: Rational up 12%, Barratt Developments down 9% Rational shares jumped more than 12% in early trade to lead the Stoxx 600 after the German combi steamer and oven manufacturer raised its sales revenue and profit forecast for 2022. At the bottom of the European blue chip index, British property developer Barratt … Read more

Hong Kong’s largest IPOs for 2022 Onewo and Leapmotor trading debut

Hong Kong’s largest IPOs for 2022 Onewo and Leapmotor trading debut

A gong inside the Hong Kong Stock Exchange. China Vanke’s subsidiary Onewo and EV maker Zhejiang Leapmotor Technology began trading on the Hong Kong market on Thursday. Paul Yeung | Bloomberg | Getty Images Leapmotor and Onewo, among Hong Kong’s largest completed initial public offerings of the year, dropped on their first day of trade … Read more

Apple, Netflix, Biogen, Canopy Growth and more

Apple, Netflix, Biogen, Canopy Growth and more

A Biogen facility in Cambridge, Massachusetts. Brian Snyder | Reuters Check out the companies making headlines in midday trading. Apple — Apple shares fell 3.4% on Wednesday following a report that the company is ditching plans to boost new iPhone production. Instead of aiming to increase output by 6 million units in the second half … Read more