Investing

Investing
Investing

HSBC drops blunt verdict on 150-year-old dividend stock

Eli Lilly has spent the last decade transforming from a reliable but unremarkable dividend payer into one of the most talked-about stocks on Wall Street. Its obesity and diabetes franchise, built around tirzepatide, the active ingredient in both Zepbound and Mounjaro, has sent the dividend stock soaring and reshaped how investors think about the pharmaceutical

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Another airline prepares to file for bankruptcy, all flights off

With aviation remaining one of the world’s most expensive industries to both get into and stay in business, smaller airlines periodically end up filing for bankruptcy protection or shutting down entirely after running out of money. Airlines that ended up in bankruptcy over the last year include British regional carriers Eastern Airways and Blue Channels,

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Bank of America resets Nvidia stock forecast after meeting with CFO

Nvidia (NVDA) stock has gained about 53% over the past year, at the time of writing, Tuesday afternoon, March 17, according to Yahoo Finance. Meanwhile, the SPDR S&P 500 index (SPY) is up about 18% in the same period. While the stock has performed well in the long term, today’s performance is a little bit

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Goldman Sachs doubles down on bold S&P 500 forecast

Goldman Sachs just doubled down on its bull case for U.S. stocks. According to Seeking Alpha reporting, the bank reiterated its base case call for the S&P 500 to reach 7,600 (13.5% above current levels) by the end of 2026, backed by ongoing earnings momentum and an economy that’s still expanding. The bank’s strategists expect

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Classic Disneyland ride to close down indefinitely

At the time that Disneyland first opened its doors to California residents in 1955, what would grow into the world’s biggest theme park empire had just 35 primary rides and attractions. Some of the rides, including “Peter Pan’s Flight” and “Mark Twain Riverboat” remain at Disney parks in multiple countries while others were eventually removed

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Sable Offshore runs into a California Line 325 chokepoint

Sable Offshore (SOC) is trading more like a regulatory battle than a normal oil stock.That is the clearest way to read the latest fight over Line 325, a section of pipeline tied to the company’s Santa Ynez restart plan. Through the plan, the U.S. Department of Energy is forcing reactivation of Sable Offshore’s Santa Ynez

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Consumers dream of gas falling toward $3 amid unsettled war

Looking for good news coming out of the U.S.-Israeli war on Iran? It’s hard, but people are trying as best they can. Energy Secretary Chris Wright was one who gave it a try. Asked on Sunday’s “Meet the Press” program if U.S. gasoline prices will fall back below $3 per gallon by the summer travel,

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Dividend-paying restaurant stock stumbles as gas prices surge

Restaurant stocks have been a rough ride lately. Since tensions in the Middle East flared, the sector has quietly been losing ground, and Wall Street is starting to pay close attention. The reason is simple. When gas prices rise, people have less money left over for eating out. It’s one of the most direct and

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McDonald’s and Burger King face whopper of a burger problem

While both brands have invested heavily in their chicken offerings in recent years, McDonald’s and Burger King still treat burgers, the Big Mac and the Whopper, respectively, as their signature product. Burger King has heavily invested in the Whopper, offering new limited-time-offer variations and basing much of its marketing around the signature sandwich. CEO Josh

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UBS economists issue stark warning on U.S. economy

The U.S. economy appears to be resilient on the surface, but a new UBS report shows that the foundation underneath is remarkably less stable. UBS economist Jonathan Pingle and his team warn that the economy is running on a narrow engine in AI investment, while broad swaths of the economy remain sluggish. Consequently, the next

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