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MT Newswires47d agoneutral
Sector Update: Energy

Energy stocks were higher Monday afternoon, with the NYSE Energy Sector Index and the State Street E

Salesforce Stock Is Trying—and Failing—to Avoid a 14-Day Losing Streak
Barrons.com47d agoneutral
Salesforce Stock Is Trying—and Failing—to Avoid a 14-Day Losing Streak

Salesforce stock is trying to find a bottom as it tries to end its longest losing streak on record. Salesforce stock has dropped for 13 straight days, a record, and is trying to avoid a 14th consecutive-day decline. The stock has dropped 43% this year amid broad fears that customers could use coding agents to make their own custom versions of Agentforce, Salesforce’s AI agent platform.

Dow Edges Higher at the Open
Barrons.com47d agoneutral
Dow Edges Higher at the Open

The Dow rose 270 points, or 0.6%. The Nasdaq was down 0.1%. The major indexes tumbled on Wednesday in the wake of Kevin Warsh’s first Federal Open Market Committee meeting as chairman of the Federal Reserve, but traders bought the dip on Thursday.

SpaceX Stock Slides for Third Consecutive Day as Analyst Questions Valuation
Barrons.com47d agoneutral
SpaceX Stock Slides for Third Consecutive Day as Analyst Questions Valuation

SpaceX stock was falling early Monday as Wall Street analysts showed skepticism about the valuation of Elon Musk’s space company after its huge initial public offering. If the move in SpaceX stock holds, it will mark a third consecutive session of losses, although the shares remain well above their IPO price of $135. KeyBanc analyst Michael Leshock and his colleagues initiated coverage of the stock with a Sector Weight rating and no price target, citing the need for more evidence on the progress of SpaceX’s larger reusable rocket, Starship, to justify a more positive outlook.

Here Are Monday’s Best Wall Street Analyst Research Calls: Accenture, Apple, Boyd Gaming, BWX Technologies, Conoco-Phillips, Estee Lauder, Hut 8, Incyte, SpaceX, and More
24/7 Wall St.47d agoneutral
Here Are Monday’s Best Wall Street Analyst Research Calls: Accenture, Apple, Boyd Gaming, BWX Technologies, Conoco-Phillips, Estee Lauder, Hut 8, Incyte, SpaceX, and More

Pre-Market Stock Futures: Futures are trading mixed as we prepare to finish the last full week of the second quarter. We finished a wild holiday-shortened trading week last Thursday, as Friday was the federal Juneteenth holiday, and all major indices rebounded smartly from the Federal Reserve-induced sell-off on Wednesday. Details of the signed memorandum of ... Here Are Monday’s Best Wall Street Analyst Research Calls: Accenture, Apple, Boyd Gaming, BWX Technologies, Conoco-Phillips, Estee Laud