The Latest Breaking News from Wall Street

Stocks are mostly lower in Asia after Wall Street pulled back as surprisingly strong economic reports highlighted the difficulty of the Federal Reserve’s fight against inflation

A new op-ed in the Wall Street Journal Wednesday (written with the help of ex-prosecutor Andrew S. Boutros), following up on their Bloomberg Law piece from May 11, lays out some possible bases for the prosecution: Consider Section 1512 of Title 18 of the United States Code, which makes it…

Asian shares are mostly higher after U.S. stocks stormed back from sharp losses to log strong gains

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 rising interest rate environment benefits banks since higher interest rates boost their interest income. So, given the expected aggressive interest rate increases by the Federal Reserve later this year, Wall Street Analysts expect the stocks of regional banks Signature (SBNY), Western Alliance (WAL), and Customers Bancorp (CUBI) to rally…

Since the beginning of the year, crypto-related stocks have been negatively impacted by volatility in cryptocurrencies due to expected interest rate increases. However, the market seems to have stabilized. Also, with President Biden signing an executive order to study the risks and scope of cryptocurrencies, it could be wise now…

While surging inflation and ongoing geopolitical tensions are expected to keep the stock market under pressure, the expected economic recovery should help growth stocks rebound. Therefore, Wall Street analysts expect Kopin (KOPN) and Wrap (WRAP), which are currently trading at less than $5, to more than double in price in…

Amid worsening inflation, anxiety around impending aggressive interest rate increases has been driving massive sell-offs in the tech industry. However, financially strong tech stocks are expected to withstand the downtrend. Indeed, Wall Street analysts expect quality tech stocks Nokia (NOK), Aurora Innovation (AUR), Latch (LTCH), Casa Systems (CASA), and mCloud…

With rising worries about climate change and increasing government support, the electric vehicle (EV) market is expected to grow substantially. This should in turn propel the EV battery industry’s growth. Therefore, Wall Street analysts expect the shares of quality EV battery stocks QuantumScape (QS), Solid Power (SLDP), and FREYR (FREY)…