Newsfeeds Archive - Page 28 of 38

2 minute read

Bernstein Downgrades CSX, Union Pacific As Railroad Strike Looms

September 14, 4:44 PM

U.S. railroad companies could be just days away from a major strike that could cost the U.S. economy more than $2 billion per day. Strike or no strike, one analyst said Wednesday that railroad stocks have limited upside from current levels in a challenging environment.

CSX

2 minute read

Analyst Upgrades SoFi Technologies, Says Potential Student Loan Refinancing Boom Is Coming

By Wayne Duggan

September 14, 1:26 PM

This year has been brutal for SoFi Technologies Inc (NASDAQ: SOFI) and other lenders, as investors grow increasingly concerned about the negative impact rising interest rates will have on lending, margins and revenue growth.

AFRM

2 minute read

EXCLUSIVE: Village Farm’s CEO Predicts ‘A Lot Of Scorched Earth’ In The Canadian Cannabis Market In The Next 3 Quarters

By Wayne Duggan

September 14, 12:17 PM

Village Farms International Inc (NASDAQ: VFF) CEO Michael Degiglio discussed the difficult Canadian Cannabis market and the opportunities it may create at the Benzinga Cannabis Capital Conference in Chicago on Wednesday.

ACB

2 minute read

S&P 500 Snaps 3-Week Losing Streak As Investors Digest Powell’s Latest Inflation Comments

By Wayne Duggan

September 9, 4:05 PM

The SPDR S&P 500 ETF Trust (NYSE: SPY) broke a three-week losing streak this week as the latest commentary from Federal Reserve Chair Jerome Powell suggests the Fed will continue to aggressively combat inflation.

AAPL

2 minute read

Crypto Stocks MicroStrategy, Marathon Digital Among Most Heavily Shorted Application Software Stocks

By Wayne Duggan

September 9, 3:37 PM

Cryptocurrency stocks have taken quite a hit so far in 2022 as investors have rotated out of risk assets as interest rates rise. Crypto stock short sellers have done fairly well so far this year, but a new report by S3 Partners analyst Ihor Dusaniwsky suggested short sellers expect more weakness ahead for crypto stocks.

BTC

2 minute read

Why This Analyst Is Downgrading Auto Stocks CarMax, American Axle, Sonic Automotive, Says Supply Chain Issues ‘Likely To Persist Into 2023’

By Wayne Duggan

September 9, 3:11 PM

On Friday, one auto analyst downgraded the stocks of three auto dealers and suppliers as auto market pressures persist. The Analyst: Bank of America analyst John Murphy issued the following three auto industry ratings changes:

AXL

2 minute read

Robinhood Launches Index Of Highest-Conviction Stocks: Here Are The Top 10 Holdings

By Wayne Duggan

September 9, 10:22 AM

Robinhood Markets Inc (NASDAQ: HOOD) has launched a new stock market index that reflects its customers' top 100 stock holdings.

$APE

3 minute read

Apple Launches iPhone 14, High-End Apple Watch, Emergency Satellite Capabilities And More: What Investors Need To Know

By Wayne Duggan

September 7, 2:49 PM

Apple, Inc. (NASDAQ: AAPL) held its highly anticipated annual product launch event on Wednesday. Here's a recap of some of the biggest announcements and unveilings.

AAPL

2 minute read

If You Invested $1,000 In PayPal (PYPL) Stock At Its COVID-19 Pandemic Low, Here’s How Much You’d Have Now

By Wayne Duggan

September 7, 1:27 PM

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.

PYPL

2 minute read

Electric Car Wins First US Auto Race 126 Years Ago Today

By Wayne Duggan

September 7, 12:14 PM

Each day, Benzinga takes a look back at a notable market-related moment that occurred on this date. What Happened? On this day in 1896, an electric car made by Riker Electric Motor Co. won the first-ever auto race in American history.