‘Wild ride’: Morgan Stanley’s Mike Wilson predicts double-digit percentage drop will hit stocks in early 2023
Morgan Stanley top U.S. strategist Mike Wilson believes investors are on the doorstep of a deep pullback due to an acceleration of downward earnings revisions.
As Wall Street strikes a bearish tone, these global stocks with margin growth could be safe bets
Wall Street is urging investors to stay defensive. CNBC Pro screened for stocks with margin growth, which analysts are backing looking ahead.
Goldman Sachs’ Currie says oil stocks are trading ‘far below’ their long-term trend
Goldman Sachs’ head of commodities research said there is a “catch-up game” between oil prices and equities right now.
China’s factory activity at lowest reading since April; Hong Kong stocks briefly rise 2%
Asia-Pacific shares were mostly higher on Wednesday as data on China’s November factory activity came in lower than expected.
Elon Musk may be luring Apple into a fight with Republicans
Comments that Florida’s Republican governor, Ron DeSantis, made Tuesday highlight the risks Elon Musk poses to Apple.
Weakness in Apple’s stock could be a warning for the broader market, chart technicians say
Apple’s stock was a safe haven for the most of year, but its chart is now signaling weakness that could have implications for the broader stock market.
BlockFi lawyer tells bankruptcy court that the priority is to ‘maximize client recoveries’
BlockFi’s bankruptcy proceedings kicked off on Tuesday, with lawyers from the crypto lender telling the court they would fight to get clients their money back.
These companies are flush with cash if a recession hits. Consider buying these 10 fortress stocks
Morgan Stanley offered a list of fortress stocks that could situate and protect investors’ portfolios for a pending recession.
Tesla’s stock is suffering from Musk’s Twitter takeover, Morgan Stanley survey of investors finds
A majority of investors believe the Twitter situation has accounted for at least a significant portion of Tesla stock’s underperformance, Morgan Stanley said.
Why Cathie Wood thinks bitcoin will still hit $1 million by 2030 and benefit from the FTX collapse
Wood sees the world’s largest cryptocurrency hitting about $1.3 million by 2030, benefitting from the FTX turmoil.
