The Latest Breaking News from Street

Triumph seems set to rename the Street Twin to Speed Twin 900, and the Street Scrambler to Scrambler 900, according to documents filed in Australia.

Yesterday, the Federal Reserve implemented its first 50-basis-point interest rate hike since 2000 to tame rising inflation. The volatility in the stock market has been increasing with the Fed’s monetary policy pivot, historically high levels of inflation, and the Russia-Ukraine war. And analysts expect the S&P 500 to plunge further.…

Financial service provider Credit Suisse Group (CS) has posted a sequential improvement in its bottom line, but it has declined compared to its year-ago value. Also, a recently filed lawsuits alleging that the bank misled investors over business dealings with Russian oligarchs could make investors anxious. The stock is down…

The S&P 500 experienced its worst period since 1939 between January and April this year. The stock market has been under pressure due to investor fears about looming interest rate increases, geopolitical tensions, and rising inflation. Hence, we think it might be best now to bet on fundamentally sound stocks…

Inflation reached its 40-year high last month, raising food prices at the fastest pace in decades. The restaurant industry is handling rising food costs strategically. We think the fundamentally strong restaurant stocks Dine Brands (DIN), Bloomin’ Brands (BLMN), and Chuy’s Holdings (CHUY) could be good investments in this situation.

The stocks picked by investor Cathie Wood are considered attractive investments due to their high long-term growth potential. The content-streaming industry has grown rapidly over the past two years, driven by strong consumer demand amid pandemic-induced remote lifestyles. Since this trend is expected to continue in 2022, Wall Street analysts…

Yesterday, the broad market indices closed in negative territory on interest-rate-increase concerns. Goldman Sachs has predicted that the S&P might tumble to 3,600 this year if recessionary pressure persists. Non-cyclical stocks usually perform well during economic downturns. So, we believe Cardinal Health (CAH), Brookfield Infrastructure Corp. (BIPC), Smith & Nephew…

The gig economy has grown substantially, accounting for one third of the American workforce in 2021. And rising inflation is driving an increase in gig work participation. With the global gig economy expected to continue growing, Wall Street expects the stocks of gig economy companies DoorDash (DASH), Lyft (LYFT), Upwork…

The global IPO market slowed in the first quarter of the year. However, with the broader market expected to post a ‘solid rally,’ which might run the entire second quarter, Wall Street analysts see significant upside potential in these IPO stocks from 2021: Samsara (IOT), Fluence Energy (FLNC), Amplitude (AMPL),…

The stock market began the week on a positive note, with traders buying technology shares, shrugging off concerns about an impending recession. This activity has been driven in-part by the decline in stock valuations in the first quarter, which provides an attractive tech-buying opportunity. Hence, we think mega-cap tech stocks…

Fed Chairman Jerome Powell said on Monday that inflation is too high and that the FED is ready to take action as needed. Powell’s tone has shifted tremendously since last year, when he described the inflation we were seeing as "transitory," meaning that it would soon pass.