Kraft Heinz’s Earnings Beat Forecasts. Why the Stock Is Falling Anyway.

Text size Kraft Heinz posted second-quarter adjusted earnings that beat Wall Street expectations. Alex Wong/Getty Images Kraft Heinz posted higher earnings than analysts expected and raised its full-year forecast for organic net sales, but the stock slid anyway as profit margins narrowed. Kraft (ticker: KHC) reported adjusted earnings for its second quarter of 70 cents … Read more

Intel Should Slash Its Dividend. Its Future May Depend on It.

Intel CEO Pat Gelsinger. Ting Shen/Bloomberg Text size Under CEO Pat Gelsinger, Intel has committed to massively increasing its capital spending investments by tens of billions of dollars. But with a rapidly slowing global economy, repeated product delays, rising competitive threats, and political uncertainty, it might need more help to fund its ambitions. One good … Read more

Continental Resources Stock Is Surging After Founder Harold Hamm’s Buyout Offer

Text size Harold Hamm and family offered to pay $70-a-share in cash for Continental Resources. Photograph by Andrew Harrer/Bloomberg Oil producer Continental Resources stock is soaring after founder and billionaire Harold G. Hamm offered to take th company private at $70 a share in cash. Continental (ticker: CLR) stock is up more than 15% to $74.22 … Read more

Princeton University Discloses Large Stake in Lithium Miner

Text size Students walk on campus at Princeton University. William Thomas Cain/Getty Images Princeton University disclosed that it owned a large stake in an early-stage lithium miner. In fact, Princeton’s holdings of 2.4 million shares of Lithium Americas (ticker: LAC) make it the fourth-largest investor in the Vancouver-based company. Princeton disclosed the holdings in a … Read more

Elon Musk Isn’t Going Away if Twitter Rejects Him. Here’s What He Might Pay.

Text size Elon Musk Scott Olson/Getty Images Even if the Twitter board rejects Tesla CEO Elon Musk’s offer to buy the social-media platform, he won’t go away immediately. There is more drama to come. Elvis Presley has something to do with it. Musk tweeted out a lyric from the Presley hit Love Me Tender on … Read more

Nvidia Stock Is Rising. There’s a New Street-High Price Target.

Text size Nvidia headquarters Justin Sullivan/Getty Images Nvidia stock edged higher Tuesday after a Tigress Financial Partners analyst raised his price target for chip maker to a new Wall Street high. Tigress analyst Ivan Feinseth increased his target price for Nvidia (ticker: NVDA ) stock to $410 from $400 and reiterated a Buy rating. His … Read more

The 8 Stocks in the S&P 500 That Are Still Negative Since the Pandemic Lows

Text size Chris Delmas/AFP via Getty Images Intel stock on Friday capped off its best week in more than a year. The stock’s surge helped shares break above the $50 mark, and also propelled the company out of an exclusive club of S&P 500 firms. Since the market’s pandemic low on March 23, 2020, the … Read more

U.S.-Europe Deal on LNG Has a Few Holes. These Stocks Should Still Benefit.

Text size A cargo ship transporting liquefied natural gas. Dreamstime The U.S. and Europe have agreed to a deal in principle that would ensure a steady stream of U.S. liquefied natural gas is sent to Europe to help replace Russian gas. The deal still needs to be worked out by companies, but it reemphasizes the … Read more

Amazon, Alphabet, and 8 Other Beaten-Up Growth Stocks Set to Soar

Text size Amazon packages Thomas Samson/AFP via Getty Images Picking beaten-up growth stocks might not feel like a good idea these days, amid rising interest rates, inflation, and geopolitical chaos, But there is a price for everything and the recent selloff has left several large-capitalization growth stocks at levels Wall Street appears to love. Arguing … Read more

The S&P 500 Just Hit a ‘Death Cross.’ Why It’s Good News for Investors.

Text size Traders working at the New York Stock Exchange. NYSE The S&P 500 has performed so poorly this year that it is now trading at a scarily low level. That usually presents an attractive opportunity for longer-term investors.  The market benchmark, down more than 11% for the year, just hit a “death cross.” That … Read more