Apple stock should get better, but not quite yet. The news Evercore ISI added Apple to its tactical outperform list on Friday — one session after the stock had its worst performance since early August on reports showing iPhone softness in China. The analysts, however, argued that shares are well positioned with lower expectations going into Apple’s fiscal 2025 first quarter, released on Jan. 30 after the closing bell. The three-month period ended in December covers the holiday shopping season. Evercore expects an in-line print, “with continued emerging market growth and strength from Services and Wearables (new AirPods and Watch).”…
Author: usaeverydaylife
Dividend growth stocks offer investors a combination of portfolio income and the prospect of capital appreciation, according to Wolfe Research. The firm highlighted a few names that fit the bill. Not all dividend payers are built equally. High dividend payers tend to be mature companies that are rewarding their shareholders with these payments rather than redirecting their profits toward vastly growing their businesses Dividend growers, however, may start off with modest yields, but the companies tend to have robust cash flows and are gradually stepping up their payments to shareholders. These names offer lots potential for long-term investors who buy…
Monday’s Inauguration Day will finally clear up for investors what exactly President-elect Donald Trump’s return to the White House means for markets. In the immediate aftermath of Trump’s November victory, stocks rallied in a so-called “Trump bump” that lifted those parts of the market expected to benefit most from the president-elect’s pro-growth policies and promise to roll back federal regulations. Small caps spiked. Financial stocks rallied, as did energy. But the market has faded since then. Earlier this month, the S & P 500 nearly erased all its gains since the election, in part because investors worried that Trump’s policies…
In an aerial view, a customer enters a Walgreens store on January 04, 2024 in San Pablo, California. Justin Sullivan | Getty ImagesThe Department of Justice said Friday that it sued pharmacy giant Walgreens for allegedly dispensing millions of unlawful prescriptions. The DOJ said Walgreens from August 2012 until the present “knowingly” filled those prescriptions, which “lacked a legitimate medical purpose, were not valid, and/or were not issued in the usual course of professional practice.” “This lawsuit seeks to hold Walgreens accountable for the many years that it failed to meet its obligations when dispensing dangerous opioids and other drugs,” said Principal…
The drive to recycle just about everything is gaining ground, but the process — separating out all the different materials and item types — can be both confusing and tedious for consumers. For industrial recycling, it can be even more cumbersome.Scrap metal, in particular, needs to be sorted in order to reduce pieces to their pure type. Traditionally the majority of scrap is shipped overseas and hand-sorted or melted down into lower-quality materials with limited uses. If it can be sorted in a better way, its value can be maintained, reducing both energy and emissions at the same time. That’s…
It’s every collector’s dream to pull the biggest chase card from a newly released set. However, it does come with some baggage. Not the low-value base cards that pile up, forming miniature skyscrapers on your desk that you continuously fight the urge to throw in the trash. Instead, it’s the decision you have to make after your hands stop shaking. Do you hold it for eternity and hope it goes up in value over time? Do you sell it and buy a new car? Or do you trade it for something that was once unobtainable for your personal collection?“I knew…
When we first watched the surveillance footage, we were stunned.There was the Hungarian ambassador to Brazil pacing nervously in the embassy. There was Jair Bolsonaro, the former Brazilian president — fresh off court orders not to leave the country because of an intensifying criminal investigation — arriving at the gate. There were the embassy staff members hustling to the guest quarters with linens and a coffee maker.And then, for two days, there was Mr. Bolsonaro wandering the parking lot, looking bored, and there were his security guards fetching pizza.Given the circumstances — a politician facing potential imprisonment sleeping at a…
MoonLake Immunotherapeutics ‘ experimental treatment for a chronic skin condition could boost its shares to new heights, according to Goldman Sachs. The bank upgraded the biopharma stock to a buy rating from neutral. Analyst Richard Law’s price target of $82, raised from $62, implies shares of MoonLake could surge nearly 98% from their current levels. MoonLake’s stock has tumbled 26% over the past 12 months. MLTX 1Y mountain MLTX 1Y chart However, Law believes success in MoonLake’s nanobody sonelokimab treatment, or SLK, could boost shares this year. SLK is used to treat hidradenitis suppurativa, or HS, a recurring skin condition…
Elijah Nouvelage/Bloomberg via Getty ImagesThe Consumer Financial Protection Bureau fined Equifax $15 million over errors tied to consumer credit reports, alleging the company failed to conduct proper investigations of disputed information, the federal watchdog announced Friday.Equifax is one of three major credit reporting agencies in the U.S., a group that also includes Experian and TransUnion.”Equifax ignored consumer documents and evidence submitted with disputes, allowed previously deleted inaccuracies to be reinserted into credit reports, provided confusing and conflicting letters to consumers about the results of its investigations, and used flawed software code which led to inaccurate consumer credit scores,” according to…
White House Council of Economic Advisers Chairman Kevin Hassett addresses reporters during the daily briefing at the White House in Washington, U.S. February 22, 2018.Jonathan Ernst | ReutersPresident-elect Donald Trump on Friday announced senior staff appointments to his White House National Economic Council.The council advises the President on U.S. and global economic policy.The appointments come three days before Trump is set to be sworn in as president.”I am pleased to announce the brilliant team who will serve on the White House National Economic Council (NEC) under Kevin Hassett, one of the world’s most respected economists,” Trump said in a statement.”We…
