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Top Wall Street analyst nails market prediction
Bitcoin has recovered to the pre-"Liberation Day" or Apr. 2 price level when President Donald Trump hiked tariffs on nearly all the countries. Its price action suggested a massive recovery in the stock market soon, Lee said in an interview on CNBC’s Squawk Box on May 5.
Wall Street Lunch: Inflation Eases But Tariffs Cloud Outlook
And in the Wall Street Research Corner, Goldman Sachs re-upped its target for the S&P 500 in the wake of tariff landscape 3.0. Strategist David Kostin raised his year-target for the benchmark index to 6,100 from 5,900. He also raised his 12-month target to 6,500 from 6,200.
Wall Street’s momentum fades following Monday’s spurt and US stocks are drifting in mixed trading
U.S. stocks are holding relatively steady following a report that showed inflation unexpectedly slowed across the country last month. The S&P 500 rose 0.1% Tuesday.
Hertz shares slump after quarterly results miss Wall Street estimates
Shares of Hertz Global fell more than 20% on Tuesday after the rental car company's results missed Wall Street expectations due to reduced vehicle fleet and a moderation in bookings.
Wall Street shrugs at Trump’s most-favored order
President Donald Trump wants drugmakers to work with his federal health department to reach an agreement on a most favored nation price for their medicines.
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Wall Street Breakfast Podcast: FedEx Lands Amazon Deal As UPS Scales Back
FedEx inks deal with Amazon to fill delivery gaps left by UPS. Samsung launches ultra-thin Galaxy S25 Edge as Apple reportedly prepares iPhone Air. Coinbase to join S&P 500 index.
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S&P 500 erases its loss for 2025 as Wall Street rallies on news of slower inflation
Stocks have been roaring back since the S&P 500 fell nearly 20 percent below its record last month on hopes that President Donald Trump will ease his stiff tariffs on trading partners worldwide before they create a recession and send inflation spiking higher.
Wall Street's Ives Sees China Tariffs Heading Lower After Talks
Wedbush analyst Dan Ives, who has been one of Wall Street's biggest bulls on tech stocks, plus Tesla, called the weekend trade talks a positive step. In a note on Sunday, Ives said he expects the Trum
Most baby boomers can’t afford assisted living and are weighing on the housing market by staying in their homes, ‘Oracle of Wall Street’ says
"This is one of the problems with the housing inventory. They're staying in their houses longer because they can't afford to move out."
Wall Street and other markets hold steady ahead of a highly anticipated US-China meeting on trade
U.S. stocks drifted to a mixed finish as Wall Street and other financial markets wait for a highly anticipated meeting on Saturday between China and the United States on trade.
Wall Street bonuses could drop as much as 20% because of Trump tariff turmoil
Johnson Associates, a compensation specialist, said deals have all but ground to a halt from growing uncertainty over Trump’s tariffs.
Dow futures and the dollar surge as Wall Street cheers U.S.-China tariff talks
The U.S.-China tariff negotiations appeared to yield "a broad framework under which the two nations can conduct further talks," an analyst said.
The bulls are back in town. Goldman and this Wall Street optimist are lifting their S&P 500 targets on tariff relief.
While investors look set to take a breather from euphoric, tariff-deal-fueled gainths on Tuesday, some Wall Street strategists have wasted no time on a bullish steer. Step right up Goldman Sachs, and our call of the day.
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