The Latest Breaking News from CFRA

Insurers hike rates as extreme storms like Beryl proliferate, bringing forecasts for fatter profits

Destructive storms like Hurricane Beryl that knocked out power to 3 million homes and businesses in Texas are growing more frequent and intense, and insurers are jacking up rates in response

The Independent UK · Jul 11, 2024

The U.S. is about to get slammed by a ‘very active’ hurricane season—but the carnage could be good news for these five insurance stocks, analyst says

“If this grim forecast comes to fruition, it will likely buoy pricing” for insurance, says CFRA Research's Catherine Seifert.

Fortune · Jun 26, 2024

Should You Sell the News After Apple's Big AI Reveal?

After the iPhone giant’s AI-enabled upgrades announcement, should investors consider selling the stock?

Barchart · Jun 24, 2024

Big stores see how we spend. Here are 4 things they say about the economy

Retailers have dropped a flurry of financial reports. They paint a messy and conflicting picture about our consumer economy.

WEKU · Mar 4, 2023

Pinterest Analyst Says Elliott Management's Impact 'Could Be Limited': What Investors Should Know

Pinterest Inc (NYSE: PINS) rallied 14.8% on Friday following reports that activist investor Elliott Management has taken a 9% stake in the company.

Benzinga · Jul 15, 2022

3 Block Analysts React To Q1 Earnings Miss, Cash App Growth, Bitcoin Weakness

Block Inc (NYSE: SQ) reported a first-quarter earnings miss driven by a sharp downturn in Bitcoin (CRYPTO: BTC) revenue.

Benzinga · May 6, 2022

Buy, Sell Or Hold? Netflix, PayPal And The 6 Worst-Performing Stocks Of 2022

The SPDR S&P 500 ETF Trust (NYSE: SPY) is off to a horrible start to 2022, down 11.7% year-to-date. However, a handful of popular stocks have severely lagged the market and generated much heavier losses for investors this year.

Benzinga · Apr 29, 2022

CFRA Downgrades Twitter After Musk Offer: Here's Why

Tesla Inc (NASDAQ: TSLA) CEO Elon Musk announced an intention to acquire Twitter Inc (NYSE:

Benzinga · Apr 14, 2022

As Streaming TV Competition Rages, Disney+ Shines

The streaming television race is heating up, with Disney showing Wednesday it is closing the gap with market leader Netflix, whose stride has slowed. The US entertainment giant blew past expectations for new subscribers to its flagship streaming service Disney+, whose big studio muscle helped it reach 129.8 million subscribers…

Asharq Al-Awsat · Feb 10, 2022