November 9, 20240 Comments

Here’s how Rosenblatt thinks Trump’s win could impact these internet media stocks By Investing.com

Investing.com – With Donald Trump now set to return to the White House for a second four-year term and Republicans taking hold of at least the Senate, investors are attempting to assess how the US president-elect’s policies and a conservative control of Congress could impact a range of industries. At Rosenblatt, analyst Barton Crockett offered some initial thoughts on how the outcome of the momentous Nov. 5 election will affect these

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November 9, 20240 Comments

M&A deal activity has accelerated in 2024 By Investing.com

Investing.com — Merger and acquisition (M&A) activity in 2024 has surged after a prolonged slump, marking a substantial recovery following a period of low momentum in 2022 and 2023.  Analysts at Wells Fargo (NYSE:) report that both the value and volume of M&A deals have notably increased over the year, driven by a confluence of economic factors that have helped create a favorable environment for transactions.  Wells Fargo estimates that

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November 9, 20240 Comments

Morgan Stanley breaks down the overlap between Walmart, Amazon, Costco memberships By Investing.com

Investing.com — In a recent note to clients, Morgan Stanley analysts delved into the competitive landscape among leading membership-based retailers, focusing on Walmart+, Amazon Prime, and Costco (NASDAQ:). According to the report, Walmart+ continues to make strides with a membership base nearing record levels, bolstered by strategic initiatives like its 50% discount on memberships for Black Friday. Citing its Consumer Pulse survey, Morgan Stanley notes that Walmart+ saw approximately 23.8

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November 9, 20240 Comments

How much can asset sales help Boeing? By Investing.com

Investing.com — Boeing’s (NYSE:) efforts to stabilize its financial position amid challenging market conditions have intensified following a recent equity raise, but analysts at Wells Fargo suggest that asset sales could provide critical support to the company’s balance sheet.  Currently, Boeing’s credit rating sits just above high-yield status, with negative outlooks across major rating agencies, signaling a need for substantial improvement to maintain its investment-grade status through 2027. Wells Fargo notes

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November 9, 20240 Comments

Trump Media shares jump after Trump says he won’t sell By Reuters

By Caroline Valetkevitch and Susan Heavey NEW YORK/WASHINGTON (Reuters) -Shares of Trump Media & Technology Group gained on Friday after U.S. President-elect Donald Trump said he had no intention of selling his shares in the company, which owns his Truth Social media platform. In a post on Truth Social, Trump rejected what he described as rumors that he was planning to sell shares a day after the stock slumped. “There

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November 9, 20240 Comments

Expedia faces threat from tepid growth in 2025, Deutsche Bank says after downgrade By Investing.com

Investing.com — Expedia Inc (NASDAQ:)’s mixed Q3 results and guidance released Thursday point to ongoing tepid growth that will keep a lid on its earnings power in 2025, analysts at Deutsche Bank said in a Friday note.  While Expedia’s is likely to make a “modest improvement” in bookings and revenue growth and margin leverage in 2025, it likely be insufficient to ensure its multiple continue to move higher into 2025, the

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November 9, 20240 Comments

Wall Street drafts Trump wish lists over bank capital, SEC regulation By Reuters

By Pete Schroeder and Chris Prentice WASHINGTON/NEW YORK (Reuters) -The banking and finance industries are rapidly drawing up wish lists for lighter regulation under President Donald Trump’s incoming administration as Wall Street sees a window of opportunity to influence policy. Numerous financial trade groups are working on detailed lists to hand to Trump’s transition team, according to four industry sources who asked not to be identified.  That follows weeks of

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