Summary: Shares of CVS Health Corp have stalled around the $63.30 level, which was a peak in July, despite positive analyst comments. Understanding investor psychology around peaks and bottoms is crucial for trading decisions.
Full articleSummary: Whales are bearish on JPMorgan Chase with a mix of bullish and bearish trades detected. The predicted price range for JPM is $155.0 to $225.0 over the recent three months. Expert opinions provide an average target price of $227.5 for JPMorgan Chase.
Full articleSummary: A class action securities lawsuit has been filed against Starbucks Corporation (NASDAQ: SBUX) by Levi & Korsinsky, LLP, alleging securities fraud resulting in a significant decline in the stock price.
Full articleSummary: Costco shares are bouncing back from soft earnings last week as positive analyst revisions continue to roll in.
Full articleSummary: Bank of America underwent analysis by 13 analysts, revealing a spectrum of viewpoints from bullish to bearish. Analysts have assigned ratings ranging from 'Bullish' to 'Bearish'. The 12-month price targets for Bank of America show an average target of $44.69, with the current average increasing by 5.73% compared to the previous target.
Full articleSummary: Bank of America analysts predict increased electricity demand with certain power companies likely benefiting the most. Analysts prefer DBA Sempra, Pinnacle West Capital, TXNM Energy, Entergy, and Northwestern Energy Group for investment as they operate in high growth regions.
Full articleSummary: Tesla has reportedly started rolling out its full self-driving (FSD) driver assistance software to select Cybertruck drivers, confirming it through a tweet from Tesla senior executive Ashok Elluswamy.
Full articleSummary: Big-money investors have taken a bullish stance on Intel with 53% bullish sentiment and 33% bearish sentiment. Uncommon options trades were identified for Intel indicating a potential upcoming event or movement. The focus is on a price band between $18.0 and $35.0 for Intel over the last three months.
Full articleSummary: Analysts hold mixed sentiments on Charter Communications CHTR, with varying ratings ranging from bullish to bearish. Despite a majority of neutral ratings, there have been adjustments in price targets indicating positive sentiment towards the stock.
Full articleSummary: JPMorgan Chase & Co. downgraded by Morgan Stanley analyst Betsy Graseck due to expected lower positive surprises and less room to run compared to peers. She adjusted the price target to $224, implying a 6% increase from Friday's close. Instead, Graseck believes faster rate cuts will benefit mid-cap lenders such as Cadence Bank, US Bancorp, and Zions Bancorp.
Full articleSummary: FTC sues UnitedHealth, Cigna, and CVS over high insulin prices due to PBMs' greed.
Full articleSummary: Salesforce CEO Marc Benioff criticizes Microsoft's Copilot AI, likening it to the much-maligned Clippy from the 1990s. Benioff also criticizes other AI tools, including those powered by large language models.
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