The Latest Breaking News from Stock Market

Stock market volatility is rife due to the Fed’s continued rate hikes and widespread recession fear among investors. Moreover, the ongoing Russia-Ukraine war and other macroeconomic issues are hindering global growth prospects. Given the market turmoil, we think investors should steer clear of Royal Caribbean Cruises (RCL) and Carvana (CVNA),…

The market bounce has fizzled and we are now, once again, back to last week's lows. The impetus for this sharp move lower was the stronger than expected jobs report which dashed hopes of an imminent 'Fed pivot' due to a weak jobs report. Until we see a meaningful and…

The stock market is experiencing a broad sell-off due to the Fed’s hawkish rate hikes and rising recession odds. As healthcare stocks are considered safe haven amid market turbulence, we think fundamentally sound Johnson & Johnson (JNJ) and Pfizer (PFE), which also have a significant dividend-paying record, could be solid…

The Fed’s determination to keep raising interest rates to bring inflation under control is increasing the odds of a recession. Although the stock market is expected to remain under pressure, Wall Street analysts expect a reasonable upside in McKesson Corporation (MCK), AmerisourceBergen Corporation (ABC), and TravelCenters of America (TA) in…

Gainers Vox Royalty Corp. (NASDAQ: VOXR) rose 60.4% to $4.33 in pre-market trading. Vox Royalty’s common shares commenced trading on The Nasdaq Stock Market on Monday.

Billionaire hedge fund manager Paul Tudor Jones sees continued weakness ahead as the U.S. economy heads for recession. 

With inflation showing no signs of slowing down and the Fed likely to keep raising rates, the stock market is expected to remain under pressure in the near term. And we think investing in fundamentally solid stocks Merck & Co. (MRK), Cigna (CI), and APA Corporation (APA) could help avoid…

An ageing population and rising healthcare expenditure due to increased awareness among the masses are expected to boost demand for drugstore products. On the other hand, the stock market is experiencing heightened volatility amid the ongoing macroeconomic challenges. While we think investors should buy drugstore stock CVS Health (CVS), fundamentally…

Raging inflation and the Fed’s continued rate hikes have kept the stock market under tremendous pressure. Healthcare stocks have always been considered safe haven amid market uncertainties, and we think fundamentally solid stocks AbbVie (ABBV), Pfizer (PFE), and McKesson Corporation (MCK) could be ideal buys for the long term. Read…

The stock market has been experiencing wild swings this year, with inflation at a multi-decade high and the Fed aggressively raising interest rates to bring it under control. Amid rising recession worries, we think fundamentally weak stocks, Advanced Micro Devices (AMD), Block (SQ), Ginkgo Bioworks (DNA), Rocket Lab USA (RKLB),…

Amid the stock market's obsession over inflation and interest rates, investors may be asking themselves, “What about profits?” After all, the market is supposed to reflect corporate profit expectations, not just economic statistics.