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RBC revamps S&P 500 target for the rest of 2026
TheStreet99d agoneutral
RBC revamps S&P 500 target for the rest of 2026

Wall Street’s bull case on stocks just got another major vote of confidence. RBC Capital Markets bumped its 12-month target for the S&P 500 to 7,900 from 7,750, as stocks continue to notch fresh highs, according to TheFly. The firm joins a growing list of Wall Street outlets convinced that the ...

What Chevron’s CEO Just Said About Global ‘Supply Outages’ Could Derail Trump’s Economic Momentum
24/7 Wall St.100d agoneutral
What Chevron’s CEO Just Said About Global ‘Supply Outages’ Could Derail Trump’s Economic Momentum

The stock market keeps acting like nothing can go wrong. The S&P 500 recently pushed to fresh highs, unemployment held at 4.3%, and President Donald Trump pointed to strong jobs data and rising markets as proof “our country is doing well.” On paper, that argument holds up. But there’s a growing problem hiding underneath the ... What Chevron’s CEO Just Said About Global ‘Supply Outages’ Could Derail Trump’s Economic Momentum

Schwab explains why a cheap-looking stock could be a trap
TheStreet100d agoneutral
Schwab explains why a cheap-looking stock could be a trap

Charles Schwab’s research team published a detailed breakdown of how the P/E ratio works and, more critically, the specific scenarios where a low P/E can mislead even experienced investors into what the market calls a value trap. The S&P 500's trailing P/E ratio currently sits near 26, well ...

Blackstone Secured Lending Fund Q1 Earnings Call Highlights
MarketBeat100d agoneutral
Blackstone Secured Lending Fund Q1 Earnings Call Highlights

Blackstone Secured Lending Fund (NYSE:BXSL) reported first-quarter 2026 net investment income of $179 million, or $0.77 per share, fully covering its quarterly dividend, as management emphasized the resilience of its senior secured lending portfolio amid market volatility and rising non-accruals. C

Goldman Sachs resets Nvidia stock forecast ahead of earnings
TheStreet100d agoneutral
Goldman Sachs resets Nvidia stock forecast ahead of earnings

Nvidia (NVDA) is a semiconductor giant and artificial intelligence king. It makes GPUs, CPUs, AI inference accelerators, and networking solutions (which are becoming increasingly more important). The company divides its revenue sources into five end markets: Data Center, Gaming, Professional ...

Materials sector positioned to gain from AI spending, defense growth and housing demand, says BofA
InvestorsHub100d agoneutral
Materials sector positioned to gain from AI spending, defense growth and housing demand, says BofA

Bank of America believes the materials sector could emerge as one of the next major beneficiaries of several powerful global trends, despite currently representing only around 2% of the S&P 500’s total market value, close to its smallest weighting in three decades. According to BofA chief strategist Michael Hartnett, the sector is “set to join new bulls on the block,” supported by rising geopolitical competition for natural resources, rapidly expanding artificial intelligence investment, higher

JetBlue Insiders Sold Stock as Spirit Airlines Goes Under
Barrons.com100d agobearish
JetBlue Insiders Sold Stock as Spirit Airlines Goes Under

Shares of JetBlue Airways climbed as Spirit Airlines collapsed—and two JetBlue insiders moved to offload their entire stakes in the still-standing low-cost carrier. May 1 marked the last trading session before Spirit ceased operations. Shares of JetBlue and other legacy carriers rose that day on a flurry of media reports that suggested a shutdown was imminent.

Franklin Templeton’s bold S&P 500 call stuns Wall Street
TheStreet100d agoneutral
Franklin Templeton’s bold S&P 500 call stuns Wall Street

The S&P 500 has surged higher over the past five weeks at a pace that few strategists predicted at the start of 2026, yet one of the largest asset managers on the planet believes the rally is far from finished. Franklin Templeton Institute, the research arm of the approximately $1.68 trillion ...