3 Reasons PRPL is Risky and 1 Stock to Buy Instead
Purple has gotten torched over the last six months - since October 2024, its stock price has dropped 25.8% to $0.67 per share. This might have investors contemplating their next move.
Purple has gotten torched over the last six months - since October 2024, its stock price has dropped 25.8% to $0.67 per share. This might have investors contemplating their next move.
What a brutal six months it’s been for CompoSecure. The stock has dropped 27.9% and now trades at $10.31, rattling many shareholders. This was partly due to its softer quarterly results and might have investors contemplating their next move.
We may be entering the post-earnings-guidance era.
(Bloomberg) -- Investors should sell any rallies in the S&P 500 Index until the Federal Reserve steps in and the US and China de-escalate the global trade war, according to Bank of America Corp.’s Michael Hartnett.Most Read from BloombergMidtown Office Building Evacuated on Concerns of Wall CollapseThe Secret Formula for Faster TrainsIn Chicago, a Former Steel Mill Looks to Make a Quantum LeapNYC Tourist Helicopter Crashes in Hudson River, Killing SixInside the Quiet, Extravagant Expansion of th
When JPMorgan Chase reports first quarter results Friday, investors will be more focused on the future as they listen for any clues about how President Trump’s tariffs may scramble the outlook for the bank and its customers.
(Bloomberg) -- US stock futures are pointing to gains at the end of one of the most intensely volatile weeks in decades as investors grapple with the fallout from the global trade war. The euro hit a three-year high.Most Read from BloombergMidtown Office Building Evacuated on Concerns of Wall CollapseIn Chicago, a Former Steel Mill Looks to Make a Quantum LeapThe Secret Formula for Faster TrainsHelicopter Crashes Into Hudson River With Multiple FatalitiesInside the Quiet, Extravagant Expansion o
(Bloomberg) -- Chinese shares were on track for a four-day rally as expectations for stronger stimulus and hopes of an eventual trade deal with the US outweighed Donald Trump’s 145% tariffs.Most Read from BloombergMidtown Office Building Evacuated on Concerns of Wall CollapseIn Chicago, a Former Steel Mill Looks to Make a Quantum LeapThe Secret Formula for Faster TrainsHelicopter Crashes Into Hudson River With Multiple FatalitiesInside the Quiet, Extravagant Expansion of the Frick CollectionA ke
Asian shares sank on Friday after US stocks gave up much of their historic gains from the day before.View on euronews
Investors hoping for an end to wild market swings were reminded on Thursday that fallout from U.S. President Donald Trump's shifting tariff plans remains a threat to earnings and the economy, and could deal yet more punishment to equities. Relief over Trump's move on Wednesday to pull back on some of his heftiest global tariffs proved somewhat short-lived. Investors were unsettled by the escalating trade battle with China, the second-biggest provider of U.S. imports, while the president's 90-day pause on hefty levies elsewhere meant the tariff cloud was not going away anytime soon.
Fears of a sharp downturn in the global economy have sent markets convulsing once more, with action focused on currencies and bonds as the escalating U.S.-China trade war has investors throwing out the usual playbook and fleeing dollar-based assets. Stock futures in Europe were pointing to a subdued open but the Swiss franc reached a 10-year high and the yen was its strongest in six months. Gold prices resumed their march to successive record highs and the euro rose to levels not seen since February 2022.