Retirees and investors near retirement are in a tough spot. They need growth from their stock market portfolio to fight inflation and rising health care costs, but another major market drop could leave stocks in a “lost period” which they don’t have the time to wait out. As a general rule in the current investment era, many financial firms tell recent retirees to keep more than half of their portfolio in stocks and then dial it down as they get older. Once upon a time, a 65 year-old with 50% in stocks would have been seen as aggressive. But with…
Author: usaeverydaylife
Here are Friday’s biggest calls on Wall Street: Goldman Sachs reiterates Nvidia as buy Goldman raised its price target on the stock to $240 per share from $210. “We expect Nvidia to deliver a beat-and-raise quarter, with the stock reaction likely hinging on the level of upside to guidance.” Roth initiates Heartbeam as buy Roth said the med tech company is well positioned. “We are initiating coverage of HeartBeam, Inc. (BEAT) with a Buy rating and $4 price target.” JPMorgan upgrades Methanex to overweight from neutral JPMorgan said it’s bullish on the methanol producer. “We upgrade Methanex , the Canada-based…
Check out the companies making headlines in premarket trading. Brighthouse Financial — Shares soared 23% after the Financial Times reported that Aquarian Holdings is in advanced talks to buy the North Carolina-based life insurer and take it private. Amazon — The e-commerce company and web services provider beat earnings expectations, boosting its stock 12%. Amazon posted earnings of $1.95 per share on revenue of $180.2 billion versus the Street’s estimated earnings of $1.57 per share and revenue of $177.9 billion, according to FactSet. Apple — The iPhone maker added 2% after beating earnings and revenue expectations in its September quarter.…
Nvidia CEO Jensen Huang listens to a reporter’s question during a press conference at the APEC CEO summit on October 31, 2025 in Gyeongju, South Korea. Ezra Acayan | Getty Images News | Getty ImagesNvidia CEO Jensen Huang doesn’t buy the national security concerns over his firm selling its most advanced semiconductors to China, claiming collaboration is in everyone’s best interest.Speaking to reporters in South Korea, Huang said he will keep campaigning for access to the Chinese market and is “optimistic” the country will continue to want U.S. chips as it positions itself as an AI leader.”The way to think…
Goldman Sachs sees Nvidia’s outperformance continuing from here. The bank maintained its buy rating and lifted its price target on Nvidia heading into the chipmaker’s next earnings release, slated for Nov. 19. Goldman Sachs’ 12-month price target of $240, up from $210, implies that the stock could rise another 18% from here. Analyst James Schneider believes that Nvidia is expected to meet investors’ high expectations heading into the print. “We believe investor expectations have increased heading into the quarter given multiple AI infrastructure announcements and following the company’s recent GTC event,” he wrote. “We expect Nvidia to deliver a beat-and-raise…
Amazon is rocketing higher after it posted a third-quarter earnings beat , and analysts think there’s even more upside. The company earned $1.95 per share on $180.27 billion in revenue. Analysts polled by LSEG had penciled in earnings of $1.57 on revenue of $177.8 billion. One key metric for the company also came in hot: revenue for its Amazon Web Services cloud unit. That came in at $33 billion versus the StreetAccount estimate of $32.42 billion, marking a 20.2% acceleration during the quarter. Analysts had anticipated just 18.1%. Cloud growth has been a widely watched metric for the company as…
Signage outside the Chevron Corp. headquarters in Houston, Texas, US, on Wednesday, Oct. 8, 2025. Mark Felix | Bloomberg | Getty ImagesChevron on Friday reported third-quarter financial results that beat Wall Street estimates, as the company achieved record production due in part to its acquisition of Hess Corporation.The oil major’s net income declined 21% to $3.54 billion, or $1.82 per share, compared with $4.49 billion, or $2.48 per share, in the same period last year. Its earnings decreased year over year due to falling oil prices and a $235 million loss on transaction costs associated with the Hess acquisition.Excluding costs…
For the most part, Apple’s fiscal fourth-quarter results has analysts thinking the stock is primed for more gains going forward. The tech giant posted earnings and revenue that beat expectations, sending shares up nearly 2% in the premarket Friday. The beat was driven largely by strong demand for the iPhone 17, which launched in September. CEO Tim Cook also told CNBC that revenue for the company will increase by at least 10%, buoyed by the “off the chart” reception for the company’s new iPhone 17 devices. “We expect total company revenue to grow by 10 to 12% year over year,…
An Exxon Mobil gas station in Lorton, Virginia, US, on Monday, Oct. 27, 2025. Luke Johnson | Bloomberg | Getty ImagesExxon Mobil on Friday reported third quarter earnings that fell year over year, as oil prices tumbled due in large part to OPEC+ increasing production.Exxon’s net income fell 12% to $7.55 billion, or $1.76 per share, compared to $8.6 billion, or $1.92 per share, in the year ago period. Excluding one-time items, the oil major posted earnings per share of $1.88.U.S. crude oil prices have fallen about 16% this year as OPEC+ is increasing production and President Donald Trump’s tariffs…
NVIDIA CEO Jensen Huang speaks during the Live Keynote Pregame during the Nvidia GTC (GPU Technology Conference) in Washington, DC, on Oct. 28, 2025.Jim Watson | AFP | Getty ImagesNvidia CEO Jensen Huang said on Friday that artificial intelligence had reached a “virtuous cycle,” tipping the industry for continuous growth.Speaking at the APEC CEO Summit in South Korea, Huang said the vast improvements in AI models were leading to more investment in the technology, which was, in turn, improving the AI models even further.”We have now achieved what is called the virtual cycle,” he said on stage at the event,…
