1 Stock to Buy, 1 Stock to Dump This Week: Visa, Intel

16 days ago Investing.com Canada

INTC +2.81% Add to/Remove from a Portfolio V +1.77% Add to/Remove from a Portfolio NDX +2.86% Add to/Remove from a Portfolio US500 +1.89% Add to/Remove from a Portfolio DJI +1.00% Add to/Remove from a Portfolio BA -0.16% Add to/Remove from a Portfolio CVX +1.06% Add to/Remove from a Portfolio T +1.53% Add to/Remove from a Portfolio MSFT +3.57% Add to/Remove from a Portfolio MMM +1.87% Add to/Remove from a Portfolio AAPL +1.92% Add to/Remove from a Portfolio AMZN +3.81% Add to/Remove from a Portfolio NVDA +6.41% Add to/Remove from a Portfolio MA +2.27% Add to/Remove from a Portfolio LMT +0.90% Add to/Remove from a Portfolio LUV +1.67% Add to/Remove from a Portfolio IBM +0.41% Add to/Remove from a Portfolio VZ -0.15% Add to/Remove from a Portfolio JNJ -0.47% Add to/Remove from a Portfolio GE +1.07% Add to/Remove from a Portfolio TXN +1.21% Add to/Remove from a Portfolio AMD +3.49% Add to/Remove from a Portfolio NQH3 +2.82% Add to/Remove from a Portfolio TSLA +4.91% Add to/Remove from a Portfolio IXIC +2.66% Add to/Remove from a Portfolio TSM +2.98% Add to/Remove from a Portfolio PSQ -2.80% Add to/Remove from a PortfolioMicrosoft + Tesla earnings, Q4 GDP data, PCE inflation in focus. Visa stock is a buy amid strong profit, sales growth. The earnings agenda also consists of other high-profile companies, such as Boeing (NYSE: ), Chevron (NYSE: ), 3M (NYSE: ), Johnson & Johnson (NYSE: ), AT&T (NYSE: ), Verizon (NYSE: ), Mastercard (NYSE: ), Southwest Airlines (NYSE: ), General Electric (NYSE: ), and Lockheed Martin (NYSE: ). At current levels, Visa has a market cap of $462 billion, making it the seventh most valuable company in the world. Notwithstanding the recent turnaround, INTC stock remains about 58% away from its January 2020 all-time high of $69.29.
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World stocks at 5-week high, earnings in the spotlight By Reuters

But European shares headed higher, having opened softer, drawing some comfort from upbeat bank earnings. Deutsche Bank (ETR: ) posted a better-than-expected jump in third quarter profit, while British bank Barclays (LON: ) too beat profit forecasts on a trading boom. MSCI's World Stock Index touched a five-week high, while Asian shares rallied. The Bank of Canada is widely expected to raise rates by another 75 bps later in the day to contain stubbornly high inflation. [US/]In Australia, inflation raced to a 32-year high last quarter as the cost of home building and gas surged.

3 months ago Investing.com Canada

Top 5 Things to Watch in Markets in the Week Ahead By Investing.com

© ReutersGOOG +0.94% Add to/Remove from a Portfolio NFLX +7.98% Add to/Remove from a Portfolio JNJ +2.18% Add to/Remove from a Portfolio AMZN +3.53% Add to/Remove from a Portfolio AAPL +2.71% Add to/Remove from a Portfolio GOOGL +1.16% Add to/Remove from a Portfolio GS +4.60% Add to/Remove from a Portfolio MSFT +2.53% Add to/Remove from a Portfolio BAC +3.71% Add to/Remove from a PortfolioBy Noreen BurkeInvesting.com -- Earnings season is ramping up with the four biggest U.S. companies by market value among those set to report results in the coming week. Political events in the U.K. will remain in the spotlight as the Conservative Party selects a new prime minister. Microsoft (NASDAQ: ) and Alphabet (NASDAQ: ) are due to report on Tuesday, followed by Amazon (NASDAQ: ) and Apple (NASDAQ: ) on Thursday. Former chancellor Rishi Sunak, Penny Mordaunt and previous prime minister Boris Johnson are all potential successors to take over from Liz Truss, who quit on Thursday after just six weeks. The next prime minister will inherit an economy on course for recession, with rising interest rates and inflation over 10% leaving millions facing a cost-of-living crisis.

3 months ago Investing.com Canada

European Stocks Edge Lower; Eurozone CPI Data Looms Large By Investing.com

At 04:50 ET (08:50 GMT), the contract in Germany traded 0.1% lower, in France dropped 0.4% and the contract in the U.K. fell 0.2%. Chinese unexpectedly shrank in October, with the official purchasing managers index falling to 49.2, from September’s reading of 50.1, data showed earlier Monday, amid new disruptions from COVID-related lockdowns. Glencore (LON: ) stock fell 1.7% after the Financial Times reported that Tesla (NASDAQ: ) has been in talks with the Swiss commodities group over the electric carmaker potentially taking a stake. By 04:50 ET, futures traded 0.8% lower at $87.19 a barrel, while the contract fell 0.8% to $93.06. Additionally, fell 0.4% to $1,638.60/oz, while traded 0.5% lower at 0.9918.

3 months ago Investing.com Canada

S&P 500 Slips as Mega Slide in Meta Weighs By Investing.com

© ReutersUS500 -0.21% Add to/Remove from a Portfolio DJI +1.04% Add to/Remove from a Portfolio BA +4.95% Add to/Remove from a Portfolio CAT +8.20% Add to/Remove from a Portfolio MSFT -1.56% Add to/Remove from a Portfolio MCD +3.67% Add to/Remove from a Portfolio GOOGL -2.71% Add to/Remove from a Portfolio AAPL -2.73% Add to/Remove from a Portfolio AMZN -3.74% Add to/Remove from a Portfolio MRO +1.77% Add to/Remove from a Portfolio VLO +1.44% Add to/Remove from a Portfolio HON +3.82% Add to/Remove from a Portfolio BKR +2.52% Add to/Remove from a Portfolio IXIC -1.26% Add to/Remove from a Portfolio US10Y... -1.58% Add to/Remove from a Portfolio META -24.28% Add to/Remove from a Portfolio SPX -0.46% Add to/Remove from a Portfolio GOOG -2.20% Add to/Remove from a Portfolio MEGA +4.89% Add to/Remove from a PortfolioBy Yasin EbrahimInvesting.com -- The S&P 500 slipped Thursday, as a Meta-led slump in big tech offset a jump in cyclical sectors including industrials and energy stocks. Meta Platforms (NASDAQ: ) fell 24% after reporting that missed on the bottom line and were an “absolute train wreck,” Wedbush said in a note. Meta’s results arrived just a day after Alphabet (NASDAQ: ) and Microsoft (NASDAQ: ) reported underwhelming quarterly results. Apple (NASDAQ: ) and Amazon.com (NASDAQ: ) close the curtain on big tech earnings this week, with reports after market closes. “We are therefore likely nearing a peak in yields, which we expect to be around 4% at the end of this year.”

3 months ago Investing.com Canada

European Stock Futures Weaken; U.K. Political Chaos, Recession Worries Weigh By Investing.com

At 02:00 ET (06:00 GMT), the contract in Germany traded 1.1% lower, in France dropped 0.9% and the contract in the U.K. fell 0.5%. European equity markets are expected to follow the lead from the U.S. after the negative close on Wall Street Thursday and the losses in Asia overnight. This followed U.S. Treasury yields rising to 14-year highs as the prospect of further aggressive interest rate hikes from the , likely plunging the world’s dominant economy into recession, soured investor sentiment. U.S. crude oil inventories fell surprisingly last week, suggesting demand in the world’s largest economy remained steady despite rising prices. Additionally, fell 0.7% to $1,625.75/oz, while traded 0.1% lower at 0.9776.

3 months ago Investing.com

U.S. carriers add transatlantic flights for travel-hungry consumers By Reuters

Starting this month, Delta plans to operate more transatlantic flights than it did before the pandemic. Travel website KAYAK said searches for international travel, including to Europe, from the United States are up nearly 40% from last year. United said the transatlantic travel demand has remained "incredible" into the fall. JetBlue last month said its flights to London from the United States are fully booked. American carriers also have a lower exposure to exchange rate risks as the bulk of their revenue tends to be dollar-denominated.

3 months ago Investing.com

ABCs not LGBTs: Battles over race, gender inflame Texas school board vote By Reuters

A sign promoting conservative school board candidate Don Zimmerman sits along North FM 620 in Round Rock, near Austin, Texas, U.S., October 12, 2022. Blood-sport politics have come to school board elections in Round Rock, a rapidly growing and diversifying suburb of Austin. Zimmerman is running against incumbent Tiffanie Harrison, a progressive and the first Black woman elected to the Round Rock school board. Ryan Girdusky, who founded the 1776 Project, estimated about 70% of his school board candidates have won in elections held so far this year. FOLLOW THE MONEYIn school board races where name recognition may be the largest factor, a few thousand dollars can make a difference.

3 months ago Investing.com

1 Stock to Buy, 1 Stock to Dump This Week: Visa, Intel

More News On "Investing.com Canada"

World stocks at 5-week high, earnings in the spotlight By Reuters

Top 5 Things to Watch in Markets in the Week Ahead By Investing.com

European Stocks Edge Lower; Eurozone CPI Data Looms Large By Investing.com

S&P 500 Slips as Mega Slide in Meta Weighs By Investing.com

European Stock Futures Weaken; U.K. Political Chaos, Recession Worries Weigh By Investing.com

U.S. carriers add transatlantic flights for travel-hungry consumers By Reuters

ABCs not LGBTs: Battles over race, gender inflame Texas school board vote By Reuters

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