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Schaeffer’s Midday Market Check Daily Newsletter
Stocks are modestly higher Tuesday afternoon, as Wall Street shakes off a sluggish open amid a new wave of economic data. February job openings fell to 7.57 million -- slightly below expectations -- ... Stocks are modestly higher Tuesday afternoon, as Wall Street shakes off a sluggish open amid a new wave of economic data. February job openings fell to 7.57 million -- slightly below expectations -- and the ISM manufacturing index dipped to 49 in March, signaling contraction. Investors are eyeing P ... Keep Reading
Bullish trader, betting on upside, bullish stock outlook, record highs
Calvin Klein parent PVH Corp (NYSE:PVH) is up 15.6% to trade at $74.69 at last glance, after the company reported better-than-expected fourth-quarter earnings and revenue. The retail concern also anno ... Calvin Klein parent PVH Corp (NYSE:PVH) is up 15.6% to trade at $74.69 at last glance, after the company reported better-than-expected fourth-quarter earnings and revenue. The retail concern also announced another $500 million share buyback plan this year, after completing one in 2024, and issued an ... Keep Reading
Initial Public Offering IPO
Initial public offering (IPO) momentum is buzzing right now after a few years of stagnation. Two IPOs in the last three days have shaken up Wall Street, for very different reasons. Artificial intelli ... Initial public offering (IPO) momentum is buzzing right now after a few years of stagnation. Two IPOs in the last three days have shaken up Wall Street, for very different reasons. Artificial intelligence (AI) company CoreWeave Inc (NASDAQ:CRWV) made its Nasdaq debut last week in disappointing fash ... Keep Reading
Shake Shack SHAK stock
Shake Shack Inc (NYSE:SHAK) stock is up 2% to trade at $89.89 at last check, after an upgrade at Loop Capital to "buy" from "hold." The analyst in coverage set is price target at $127, implying a 40% ... Shake Shack Inc (NYSE:SHAK) stock is up 2% to trade at $89.89 at last check, after an upgrade at Loop Capital to "buy" from "hold." The analyst in coverage set is price target at $127, implying a 40% upside after highlighting the fast food company's attractive valuation and sales growth. Coming int ... Keep Reading