• Nov 14, 2024

Campbell Soup Rao's Brand Growth Strong And US Sales Trend Improving, Analyst Upgrades Stock

Piper Sandler analyst Michael S. Lavery upgraded Campbell Soup Company (NASDAQ:CPB) to Overweight from Neutral, raising the price forecast from $47 to $56. The analyst upgraded Campbell Soup due to improved long-term growth prospects from its Rao’s brand and better sales trends in the U.S. (excluding SOVO brands). Despite better trends, the stock has had a 15% pullback since mid-September. The analyst sees this as a good buying opportunity. Lower steel costs (down 25%) and secured contracts for

  • Nov 14, 2024

Dogecoin Price Levels to Watch After Post-Election Rally

Dogecoin has been one of the biggest gainers following the election of Donald Trump last week, and it got another boost this week when the president-elect announced the creation of a new agency that carries the acronym DOGE. Monitor these key price levels.

  • Nov 14, 2024

Trump's Red Wave Pushes Emerging Market Stocks To 2-Month Lows: Volatility 'Expected To Remain Elevated'

Emerging market stocks have dropped to levels last seen in mid-September, with the downturn exacerbated by Donald Trump's victory and a Republican sweep of the U.S. Congress. The iShares MSCI Emerging Markets ETF (NYSE:EEM) has slumped 7% over the past month, with the iShares MSCI China ETF (NYSE:MCHI) and the iShares Mexico ETF (NYSE:EWW) underperforming — down 10.1% and 7.8%, respectively. Trump’s win and full Republican control of Washington, D.C. raise critical questions for emerging markets

  • Nov 14, 2024

Bitcoin’s Speculative Frenzy Begins to Show Signs of Cooling in Futures Market

(Bloomberg) -- The record-breaking rally in Bitcoin since Donald Trump’s US presidential election victory is beginning to show signs of slowing in the derivatives market. Most Read from BloombergUnder Trump, Prepare for New US Transportation PrioritiesZimbabwe City of 700,000 at Risk of Running Dry by Year-EndNYC Congestion Pricing Plan With $9 Toll to Start in JanuarySaudi Neom Gets $3 Billion Loan Guarantee From Italy Export Credit Agency SaceThe Urban-Rural Divide Over Highway Expansion and E

  • Nov 14, 2024

57% of Institutional Investors Are Bullish on Crypto

According to Sygnum Bank's Future Finance report, institutional investors are increasingly optimistic about cryptocurrencies. According to the report, 57% of respondents intend to increase their cryptocurrency allocation. Of these, 31% plan to do so during the next quarter. Clearer worldwide ...

  • Nov 14, 2024

What's Going On With Ford Motor Stock Today?

Ford Motor Company (NYSE:F) shares are trading slightly higher on Thursday. Today, the company has agreed to a consent order with the National Highway Traffic Safety Administration (NHTSA), including a civil penalty of $165 million for failing to meet federal recall requirements. This marks the second-largest civil penalty in NHTSA’s history, following the Takata airbag scandal. The penalty stems from Ford’s delayed recalls of vehicles with defective rearview cameras and its failure to provide a