The most oversold stocks in the energy sector presents an opportunity to buy into undervalued companies. The RSI is a momentum indicator, which compares a stock’s strength on days when prices go up to its strength on days when prices go down. When compared to a stock’s price action, it can give traders a better […]
Net Zero By 2050 Might Cost The World $78 Trillion
The world might be late to achieve its climate goals by 2030, but meeting the 2050 net-zero emissions deadline might come with a hefty price tag. According to the latest Wood Mackenzie Energy Transition Outlook, a green energy transition might cost as much as $3.5 trillion annually or $78 trillion in total. The report presents […]
Exxon, Shell, Warren Buffett-Backed Occidental Petroleum Stocks Tumble in Premarket After Israel’s Strikes on Iran
Major oil companies witnessed a decline in their stock prices following Israel’s military action against Iran over the weekend. The market reaction reflects investor concerns about potential geopolitical instability impacting the oil sector. What Happened: According to Benzinga Pro, several leading oil firms saw their stock values decrease on Monday during pre-market hours. Exxon Mobil […]
Tesla’s Pre-Market Decline Fuels Gains For These ETFs: TSLQ, TSLZ Rebound After Big Drops
Tesla Inc. (NASDAQ:TSLA) experienced a pre-market stock decline on Friday and fell by almost 3%. The impact was visible on several inverse ETFs linked to Elon Musk‘s EV giant which experienced a similar roller coaster ride. What Happened: According to Benzinga Pro, the Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL) fell 2.93% in pre-market trading […]
This Energy Stock Is Diving Wednesday: What’s Going On?
Enphase Energy Inc (NASDAQ:ENPH) shares are trading lower Wednesday after the company reported worse-than-expected financial results for the third quarter. The selloff has accelerated Wednesday morning as multiple analyst firms downgraded or slashed price targets on the stock. Q3 Revenue: $380.9 million, versus estimates of $391.979 million Q3 EPS: 65 cents, versus estimates of 77 cents U.S. […]
Jim Cramer Says This Energy Stock Is A Buy: ‘It Can Make Money Even At These Levels’
On CNBC’s “Mad Money Lightning Round,” Jim Cramer recommended buying Coterra Energy (NYSE:CTRA). “It can make money even at these levels,” he noted. On Oct. 10, Scotiabank analyst Paul Cheng maintained Coterra Energy with a Sector Outperform and lowered the price target from $35 to $32. “It trades with the whole group, and the group […]
This Boston Scientific Analyst Is No Longer Bullish; Here Are Top 5 Downgrades For Friday
Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page. Citigroup analyst Andrew Schmidt downgraded the rating for Q2 Holdings, Inc. (NYSE:QTWO) from Buy to Neutral but raised the price target from $72 to $90. […]
Super Micro Expands Liquid-Cooled AI Servers With Nvidia Power
Artificial intelligence server company Super Micro Computer, Inc (NASDAQ:SMCI) is accelerating the shift to liquid-cooled data centers. Supermicro’s latest offering, powered by the Nvidia Corp (NASDAQ:NVDA) GB200 NVL72 platform, introduces a highly energy-efficient system designed to meet the increasing energy demands of AI infrastructures. This solution, which supports exascale computing in a single rack, has […]
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This Boston Scientific Analyst Is No Longer Bullish; Here Are Top 5 Downgrades For Friday
October 18, 2024
Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page. Citigroup analyst Andrew Schmidt downgraded the rating for Q2 Holdings, Inc. (NYSE:QTWO) from Buy to Neutral but raised the price target from $72 to $90. […]
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