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Wayne Duggan

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Why This Adobe Analyst Was Not Impressed By The Company’s Updated Guidance

By Wayne Duggan
October 19, 12:29 PM
Adobe Inc (NASDAQ: ADBE) shares traded higher by 3.1% on Wednesday after the company reiterated its fourth-quarter guidance at its Adobe Max analyst day event.

ADBE

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  • Education
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If You Invested $1,000 In Comcast At Its Covid-19 Pandemic Low, You’d Have This Much Now

By Wayne Duggan
October 18, 10:55 AM
Investors who bought stocks during the Covid-19 market crash in 2020 have generally experienced some big gains in the past two years. But there is no question some big-name stocks performed better than others since the pandemic bottom.

CMCSA

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Chinese Stocks Jump Following Xi’s Bullish Comments On Tech, Emphasis On Supporting Market

By Wayne Duggan
October 17, 1:19 PM
The iShares China Large-Cap ETF (NYSE: FXI) jumped Monday morning after China's President Xi Jinping delivered a spe

BABA

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Why The Fed Needs To ‘Break The Labor Market’ To Avoid A ‘Wage-Price Spiral’

By Wayne Duggan
October 17, 11:11 AM
Another hot consumer price index (CPI) reading for September means the Federal Reserve will continue to aggressively tighten monetary policy for the time being.

SPY

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  • Earnings
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Big Bank Roundup: These Stocks Kick Off Earnings Season With A Mixed Bag Of Results

By Wayne Duggan
October 14, 2:59 PM
Big U.S. bank stocks kicked off third-quarter earnings season on Friday with a mixed bag of numbers on a difficult day for the market.

C

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Historic S&P 500 Comeback Runs Out Of Steam: What Are The Market Catalysts Ahead?

By Wayne Duggan
October 14, 2:57 PM
The SPDR S&P 500 ETF Trust (NYSE: SPY) made new 2022 lows this week, but staged a historic intraday recovery following another disappointing batch

BAC

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Tesla Tops Auto Stocks For Short Sellers: How Do Ford, Nio, Lucid And Rivian Rank?

By Wayne Duggan
October 14, 11:13 AM
After several years of exceptional performance, Tesla Inc. (NASDAQ: TSLA) stock has taken a hard hit in 2022 as rising interest rates have triggered a rotation out of growth stocks.

F

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Dow Hits 6,000 For The First Time 26 Years Ago Today

By Wayne Duggan
October 14, 10:55 AM
Each day, Benzinga takes a look back at a notable market-related moment that occurred on this date. What Happened? On this day in 1996, the Dow Jones Industrial Average reached 6,000 for the first time. Where The Market Was: The Dow finished the day at 6,010. The S&P 500 finished at 703.54.

DJIA

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Fed Minutes Warn Investors Interest Rates May Be Higher For Longer

By Wayne Duggan
October 12, 3:01 PM
Inflation remains the central bank's top priority, according to the September meeting minutes released Wednesday by the Federal Open Market Committee.

SPY

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Credit Suisse Picks 7 Aerospace, Defense Stocks To Buy — And 4 To Avoid

By Wayne Duggan
October 12, 12:47 PM
Aerospace and defense stocks have been among the handful of investments that have performed well in a very difficult market in 2022.

BA

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