Goldman Sachs has overhauled its flagship European Conviction List – Directors’ Cut this month, spotlighting key investment opportunities across the continent heading into 2027. Marking the list’s three-year anniversary, the Wall Street titan added four high-conviction equities while rotating out former favorites Naturgy, Norsk Hydro, and Smith & Nephew. Highlighting six picks with projected returns
US stocks ended higher on Friday after weaker-than-expected September jobs data reduced expectations for a Federal Reserve rate hike later this month. The Dow Jones Industrial Average rose 260 points, or 0.51%, while the S&P 500 gained 0.76% and the Nasdaq Composite advanced 1.19%. The Nasdaq briefly reached an all-time high during the session before
US stocks recovered from early losses and closed slighly higher on Thursday as Treasury yields pulled back from multi-decade highs, helping the major indexes close slightly higher. The S&P 500 gained 0.23% to 7,668.82, while the Nasdaq Composite rose 0.07% to 26,871.60. The Dow Jones Industrial Average added 29.84 points, or 0.06%, to finish at
Apple stock AAPL gained 2% on Wednesday after Counterpoint Research estimated that the company could sell 6 million units of its upcoming iPhone Duo this year, while UBS said wait times for the iPhone 18 Pro and Pro Max remain relatively unchanged. The iPhone Duo will be Apple’s first foldable smartphone, with pre-orders scheduled to
US stocks ended lower on Tuesday as Treasury yields climbed to fresh multiyear highs, while investors assessed the outlook for interest rates ahead of key inflation and labour market data. The Dow Jones Industrial Average fell 136 points, or 0.26%, to 51,345.41. The S&P 500 declined 0.14% to 7,672.57, while the Nasdaq Composite slipped 0.08%
US stocks fell on Monday as rising oil prices and Treasury yields weighed on equities, while investors assessed uncertainty around the prospects for a US-Iran peace deal and its potential impact on Federal Reserve policy. The Dow Jones Industrial Average fell 343.78 points, or 0.66%, to 51,484.84. The S&P 500 declined 0.76% to 7,684.41, while
US companies have been delivering one of the strongest earnings seasons in years, but the market response has exposed a problem for anyone still treating a quarterly beat as the main event. By early August, 86 percent of S&P 500 companies that had reported second quarter results had exceeded earnings estimates, according to FactSet. That
Anthropic is reportedly targeting a November Nasdaq listing at a valuation investors are discussing near $2 trillion. That figure would more than double the $965 billion post-money valuation set in the company’s May 2026 Series H round, and it would make Anthropic’s IPO the largest by valuation, eclipsing SpaceX’s reported $1.77 trillion debut earlier this
Nike (NKE) shares have come under pressure on Friday after a Bank of America analyst, Lorraine Hutchinson, downgraded the athletic footwear company to underperform. In her research note, Hutchinson lowered her price target on NKE to $30, signalling potential downside of another 15% from current levels. Her bearish call is particularly significant given Nike stock
TripAdvisor stock continues its strong freefall and reached its lowest level on record, with its market capitalization falling from over $15 billion to $998 million today. This sell-off has accelerated this week as investors predict that Muse and other AI agents. So, will the stock continue falling or bounce back? Why TripAdvisor stock is falling