Mortgage demand drops to the lowest level in three months
Mortgage demand continues to drop as interest rates climb higher.
Deutsche Bank says this car rental company can surge more than 60%
Deutsche Bank upgraded Avis Budget shares to buy, saying the stock is now trading at an attractive entry point.
American Express is a top pick in a recession, Wells Fargo says
Wells Fargo said American Express is a strong defensive play ahead of what it expects will be a tougher economic environment.
Piper Sandler hikes its Microsoft price target, calls tech giant an ‘A.I. all-star’
The firm says Microsoft’s AI tailwinds could become as big of a growth driver as its Cloud division.
Debt limit bill would speed completion of controversial West Virginia gas pipeline
The deal would also streamline the National Environmental Policy Act (NEPA), a landmark environmental regulation, to limit its requirements on some projects.
Market focus will shift back to earnings as debt ceiling worries fade, says Fundstrat’s Tom Lee
Fundstrat’s Tom Lee recommends investors to increase exposure in industrial names as the market moves past the debt ceiling overhang.
Bernstein gives an under-the-radar way to play the transition to clean energy
Quanta Services solves the “two biggest bottlenecks of the energy transition,” according to Bernstein.
Memorial Day air travel tops 2019 levels as consumers keep shelling out for trips
The Transportation Security Administration said it screened nearly 9.8 million people over Memorial Day weekend.
Home price declines may be over, S&P Case-Shiller says
Nationally, home prices in March were 0.7% higher than March 2022, S&P CoreLogic Case-Shiller Indices said.
Atlantic Equities says Coinbase is the ‘best expression of crypto’
The firm says the crypto exchange could provide “attractive returns” for investors in the long term.
