JPMorgan refreshed its list of favorite stocks as the market kicks off a new month and quarter. New names added to the bank’s analyst focus list, which is updated monthly, are Boeing , Energy Transfer , Freeport-McMoRan , Carpenter Technology and Broadstone Net Lease . The Wall Street firm removed Abercrombie & Fitch and defense stock RTX from the group. The changes come after a tumultuous March and first quarter for investors, which struggled to navigate rising trade tensions and persistent inflation. The S & P 500 shed more than 4% in the first quarter, marking its biggest quarterly slide…
Author: usaeverydaylife
A NEWSMAX television crew member steam irons a backdrop during the Conservative Political Action Conference (CPAC) in National Harbor, Maryland, on Saturday, February 24, 2024.Tom Brenner | The Washington Post | The Washington Post | Getty ImagesShares of conservative cable channel Newsmax soared more than 60% in early trading Tuesday, a day after the stock’s dizzying debut on the New York Stock Exchange.Newsmax shares spiked more than 700% in their first trading day Monday, closing at $83.51 per share. The stock opened the day at $14 per share.Traditional media IPOs are hard to come by, especially given the significant changes…
A Delta Air Lines Boeing 767-332(ER).Joan Valls | Nurphoto | Getty ImagesAirline stocks slid further on Tuesday as Wall Street’s concerns about weaker-than-expected travel demand amid looming tariffs and a sharp drop in consumer confidence continue to weigh on the sector.Shares of Delta Air Lines were down roughly 5% in morning trading after Jefferies downgraded the carrier, the most profitable in the U.S., to a “hold” rating from “buy,” and nearly halved its price target to $46, several weeks after the airline cut its first-quarter guidance.The bank said Delta would “likely” reduce its 2025 forecasts. While concerns have grown, particularly…
PALM BEACH, Fla. — One of the first people to learn of Travis Kelce’s decision this offseason was Andy Reid, the only head coach Kelce has played for in his 12-year NFL career.Kelce, the future Hall of Fame tight end, informed Reid that he wasn’t retiring less than a week after the Kansas City Chiefs’ disappointing loss to the Philadelphia Eagles in Super Bowl LIX.“I just wanted him to put it out there and not me,” Reid said Monday. “I always like guys to step back (after the season), but he wants to come back and he’s training like crazy,…
A volcano in southwestern Iceland erupted on Tuesday, endangering the town of Grindavik and prompting the closure of the popular Blue Lagoon tourist destination. It was the 11th eruption to shake the country’s Reykjanes Peninsula since 2021 as Iceland faces a period of intense geological activity.Aerial video released by the authorities showed lava snaking along the ground as white clouds billowed into the air after the eruption, which started at 9:45 a.m.Grindavik, a small fishing village about 25 miles southwest of the capital, Reykjavik, has been threatened by eight of the 11 eruptions in recent years. It has also been…
For the past 40 days, tariff-related uncertainty has shaken the markets, pushing the S & P 500 into a correction. In times like these — when headlines are filled with fear, talk of 20% drops, or looming recessions — technical analysis serves as a powerful anchor. It removes emotion from the equation and allows you to trade based on clear signals. When a setup presents itself, you enter the trade. If that setup is invalidated, you exit. While markets are currently sitting at a critical support level, and any breakdown could trigger another leg lower, it’s essential to remain objective.…
By Tim Britton, Johnny Flores Jr. and Andy McCulloughEvery week, we ask a selected group of our baseball writers — local and national — to rank the teams from first to worst. Here are the collective results, with the average rankings of our panel in parentheses.The first weekend of the baseball season offered its usual cornucopia of familiar sights and unexpected delights. Shohei Ohtani sent a baseball soaring over the fence at Dodger Stadium; Aaron Judge sent four of his own into orbit in the Bronx. Zack Wheeler looked sharp. Paul Skenes threw hard. Matt Chapman still knows how to pick…
US President Donald Trump, alongside Secretary of Treasury Scott Bessent (L) and Secretary of Commerce nominee Howard Lutnick (R), signs an executive order to create a US sovereign wealth fund, in the Oval Office of the White House on February 3, 2025, in Washington, DC.Jim Watson | Afp | Getty ImagesWhite House aides have drafted a proposal that would levy tariffs of roughly 20% on most imports, the Washington Post reported Tuesday. The report cited three people familiar with the matter. It also said White House advisers cautioned that several options are still on the table, meaning the 20% tariffs…
Tesla had a rough first quarter, and Wells Fargo doesn’t see a rebound anytime soon. The bank named the electric vehicle maker an underweight tactical idea for the second quarter. It holds an a $130 price target on shares, which suggests about 50% downside potential from Monday’s close. Shares tumbled nearly 36% during the first three months of the year, marking their worst quarterly performance since the fourth quarter of 2022. Back then, they lost more than 50%. Weakening sales, as well as CEO Elon Musk’s growing political profile have sent the stock tumbling. Analyst Colin Langan sees more pressure…
US President Donald Trump speaks to the press before signing an Executive Order, alongside US Secretary of Health and Human Services Robert F. Kennedy Jr. (L) and US Secretary of Commerce nominee Howard Lutnick (R), at the Oval Office of the White House in Washington, DC on Feb. 25, 2025. Jim Watson | AFP | Getty ImagesHealth and Human Services Secretary Robert F. Kennedy Jr., an anti-vaccine crusader, is not qualified to have any power at the agency that’s supposed to protect the health of Americans, said research analysts at Cantor Fitzgerald, which was formerly headed by Commerce Secretary Howard Lutnick.Cantor’s…
