The Latest Breaking News from Street

The S&P 500 experienced its worst period since 1939 between January and April this year. The stock market has been under pressure due to investor fears about looming interest rate increases, geopolitical tensions, and rising inflation. Hence, we think it might be best now to bet on fundamentally sound stocks…

Inflation reached its 40-year high last month, raising food prices at the fastest pace in decades. The restaurant industry is handling rising food costs strategically. We think the fundamentally strong restaurant stocks Dine Brands (DIN), Bloomin’ Brands (BLMN), and Chuy’s Holdings (CHUY) could be good investments in this situation.

The stocks picked by investor Cathie Wood are considered attractive investments due to their high long-term growth potential. The content-streaming industry has grown rapidly over the past two years, driven by strong consumer demand amid pandemic-induced remote lifestyles. Since this trend is expected to continue in 2022, Wall Street analysts…

Yesterday, the broad market indices closed in negative territory on interest-rate-increase concerns. Goldman Sachs has predicted that the S&P might tumble to 3,600 this year if recessionary pressure persists. Non-cyclical stocks usually perform well during economic downturns. So, we believe Cardinal Health (CAH), Brookfield Infrastructure Corp. (BIPC), Smith & Nephew…

The gig economy has grown substantially, accounting for one third of the American workforce in 2021. And rising inflation is driving an increase in gig work participation. With the global gig economy expected to continue growing, Wall Street expects the stocks of gig economy companies DoorDash (DASH), Lyft (LYFT), Upwork…

The global IPO market slowed in the first quarter of the year. However, with the broader market expected to post a ‘solid rally,’ which might run the entire second quarter, Wall Street analysts see significant upside potential in these IPO stocks from 2021: Samsara (IOT), Fluence Energy (FLNC), Amplitude (AMPL),…

The stock market began the week on a positive note, with traders buying technology shares, shrugging off concerns about an impending recession. This activity has been driven in-part by the decline in stock valuations in the first quarter, which provides an attractive tech-buying opportunity. Hence, we think mega-cap tech stocks…

Fed Chairman Jerome Powell said on Monday that inflation is too high and that the FED is ready to take action as needed. Powell’s tone has shifted tremendously since last year, when he described the inflation we were seeing as "transitory," meaning that it would soon pass. 

Accelerating digitization and adoption of advanced technologies across industries to ramp up businesses should propel the tech market’s growth in the coming years. Considering the fundamental stability of the blue-chip stocks, NVIDIA (NVDA), salesforce (CRM), and PayPal (PYPL) could be ideal additions to your watchlist, given the current market volatility.…

The Coronation Street star opened up about his character’s upcoming storylines ahead of his guest appearance at a replica Rovers Return at the Ideal Home Show this Friday

Benzinga’s “Daily Brief On Trending Tickers” highlights top-searched tickers from around the web and uses the Benzinga Pro platform to illustrate recent news items possibly impacting those stocks. The data on the trending tickers is compiled from a list of most-discussed tickers on the popular Reddit forum WallStreetBets.