Stocks @ Night is a daily newsletter that provides investors with a detailed analysis of stock market trends and upcoming opportunities. In a recent newsletter, CNBC TV’s producers highlighted the influence of activist investor Elliott Management on various stocks. This article will delve into the impact that Elliott Management has had on the performance of
After Palo Alto Networks posted better-than-expected fiscal 2024 fourth-quarter earnings and revenue, Wall Street responded with an enthusiastic 8% surge in the company’s stock price. This brought the stock just a few dollars shy of its record-high close, prompting Jim Cramer to describe the recent move as “parabolic.” While the short-term outlook may seem promising,
Former President Donald Trump has made it clear that he intends to preserve the individual and business tax cuts that were enacted via the Tax Cuts and Jobs Act (TCJA). His campaign team stated that he plans to continue with these tax cuts and has even promised “big tax cuts for families and small businesses.”
When looking at the cost of electric vehicles (EVs) versus traditional gasoline-powered cars, there are a few factors to consider. While EVs may have a higher upfront purchase price, the recurring charges for fuel and maintenance tend to be lower. This can result in a total lifetime cost that is actually lower than that of
British high street lenders, including Barclays, Halifax, HSBC, and NatWest, have been quick to respond to the Bank of England’s recent interest rate cut by slashing borrowing costs. This move has resulted in five-year fixed-rate mortgages being offered at under 4%, which is below the BOE’s key rate of 5%. According to a report from
Alaska Airlines has successfully passed the scrutiny of the U.S. Justice Department in its bid to acquire Hawaiian Airlines. This milestone comes after a period of investigation into the $1.9 billion agreement between the two carriers, which was announced nearly eight months ago. With the clearance from the DOJ, the focus now shifts to obtaining
Boeing recently announced that it has decided to temporarily halt the flight tests of its 777X after a structure in one of the wide-body aircraft showed signs of damage. The company detected the issue in a custom part located between the engine and the airplane structure during routine maintenance procedures. As a precautionary measure, Boeing
The world-renowned luxury king, Bernard Arnault, founder and CEO of LVMH, has not only conquered the world of high-end fashion and exclusive brands, but he is also making a significant impact in the artificial intelligence (AI) industry. With a net worth of $184 billion, Arnault has been on a shopping spree for AI companies through
Estee Lauder, a renowned name in the prestige beauty market, recently faced challenges with its fiscal 2025 guidance. Despite capping off fiscal year 2024 on a positive note, the company’s forecast for the new fiscal year fell short of expectations. With organic net sales projected to decline or show minimal growth, and adjusted EPS forecasted
One of the top stock picks from Wall Street analysts is project management software provider Monday.com (MNDY). This company has recently impressed investors with its second-quarter results and raised its full-year outlook. The increase in demand from large customers has been a significant driver of growth for Monday.com. In fact, the number of paid customers