The Latest Breaking News from Wall Street

Supermarket giant Coles warns shoppers to expect higher prices at its stores for at least another year, while the Australian share market rebounds after a three-day losing streak.

Asian shares are mostly higher after U.S. stocks stormed back from sharp losses to log strong gains

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 rising interest rate environment benefits banks since higher interest rates boost their interest income. So, given the expected aggressive interest rate increases by the Federal Reserve later this year, Wall Street Analysts expect the stocks of regional banks Signature (SBNY), Western Alliance (WAL), and Customers Bancorp (CUBI) to rally…

Since the beginning of the year, crypto-related stocks have been negatively impacted by volatility in cryptocurrencies due to expected interest rate increases. However, the market seems to have stabilized. Also, with President Biden signing an executive order to study the risks and scope of cryptocurrencies, it could be wise now…

While surging inflation and ongoing geopolitical tensions are expected to keep the stock market under pressure, the expected economic recovery should help growth stocks rebound. Therefore, Wall Street analysts expect Kopin (KOPN) and Wrap (WRAP), which are currently trading at less than $5, to more than double in price in…

Amid worsening inflation, anxiety around impending aggressive interest rate increases has been driving massive sell-offs in the tech industry. However, financially strong tech stocks are expected to withstand the downtrend. Indeed, Wall Street analysts expect quality tech stocks Nokia (NOK), Aurora Innovation (AUR), Latch (LTCH), Casa Systems (CASA), and mCloud…

With rising worries about climate change and increasing government support, the electric vehicle (EV) market is expected to grow substantially. This should in turn propel the EV battery industry’s growth. Therefore, Wall Street analysts expect the shares of quality EV battery stocks QuantumScape (QS), Solid Power (SLDP), and FREYR (FREY)…

Blue-Chip stocks are attractive investments amid the current, heightened market volatility, which is being fueled by concerns about the economic ramifications of the Fed’s hawkish tilt and the war between Russia and Ukraine. Thus, Wall Street analysts expect fundamentally solid blue-chip stocks Alphabet (GOOGL), Amazon.com (AMZN), and Visa Inc. (V)…

Demand for electric vehicles has increased immensely over the past year owing to rising oil prices and climate change concerns. Wall Street analysts expect the shares of Arrival (ARVL) and Sono Group (SEV) to gain significantly in the coming months, despite being down more than 55% in price year-to-date. So,…

The 5G industry is gaining significant investor attention thanks to rapid digitization and the continuation of hybrid working structures. Given the industry’s solid growth prospects, Wall Street analysts expect quality 5G stocks Marvell (MRVL), Telefonaktiebolaget (ERIC), and Silicon (SLAB) to rally by more than 35% in price in the coming…