- Stocks Telegraph
- Posts
- 24 Jan - NH - Morning Newsletter (with survey at top and bottom)
24 Jan - NH - Morning Newsletter (with survey at top and bottom)
Stock Market Insights: Stocks to Watch This Morning
The Newsheater daily morning newsletter is powered by Stocks Telegraph
Help us improve newsletter by taking
Good Morning!On Tuesday, futures for US indices fell after a day of gains on stock exchanges. Futures for the Dow Jones Industrial Index (DJIA) decreased by 0.2%, to 33,658 points, futures for the NASDAQ high-tech companies index dropped by 0.35%, to 11,892 points. For the S&P 500 broad market index futures slided 0.25%, to 4,026.5 points. Stock exchange futures showed some declines after the indices themselves grew by an average of 1-2% on Monday. US Federal Reserve System (FRS) actions may be influenced by data on GDP. After a 50 bps hike in December, the market expects the regulator to slow its pace of rate hikes to 25 bps in February. Financial reporting season will continue to influence the markets. Microsoft, Visa, and Tesla will publish their financial indicators later this week.
"TAKE THAT, CHINA!" USA Gains in EV Battery Arms Race
Did you know each electric car battery requires 220 pounds of graphite - more than lithium, copper, or aluminum? China enjoyed a "near monopoly" in this vital ingredient... until the U.S. made a blockbuster announcement. Now one little-known company is set to play a crucial role in the booming $7 trillion EV revolution.
Sponsored
Today Top Movers
Axcella Health Inc. (AXLA) stock soared 68.44% to $0.7243 in the pre-market trading after announcing a regulatory path to registration of AXA1125 in the treatment of Long COVID Fatigue.
Intelligent Bio Solutions Inc. (NASDAQ: INBS) shares are trading up 42.72% at $1.47 at the time of writing following the announcement that it has successfully completed the review of results from Milestone 7.
Helbiz Inc. (HLBZ) grew over 11.03% at $0.473 in pre-market trading today. The company announced that it has entered into a service agreement with ShareIntel - Shareholder Intelligence Services, LLC to further assist in their efforts to combat alleged illegal short selling activities on their stock (HLBZ).
HighPeak Energy Inc. (HPK), a Oil & Gas E&P company, rose about 15.04% at $30.97 in pre-market trading Tuesday after announcing strategic alternatives process and guidance for 2023 and 2024.
See how this tiny company is spearheading the $5T Metaverse...
The Metaverse is still being defined, both literally and figuratively.
Yet its potential to unleash the next wave of digital disruption seems increasingly clear, with real-life benefits already emerging for early adopting users and companies.
One recently discovered company could be extremely well-positioned to take advantage of this potential $5 trillion opportunity.
Sponsored
Top Upgrades & Downgrades
Keybanc turned bullish on Lyft Inc. (LYFT), upgrading the stock to Overweight and assigning a $24 price target, representing potential upside of 55.74% from Monday's close.
Blackstone Inc. (BX) has won the favor of JP Morgan's equity research team. The firm upgraded the shares from Neutral to Overweight and moved their price target to $105, suggesting 19.54% additional upside for the stock.
Xylem Inc. (XYL) received an upgrade from analysts at Stifel, who also set their one-year price target on the stock to $124. They changed their rating on XYL to Buy from Hold in a recently issued research note.
Earlier Tuesday Bernstein reduced its rating on Advanced Micro Devices Inc. (AMD) stock to Market Perform from Outperform and assigned the price target to $80.
Baird analysts reduced their investment ratings, saying in research reports covered by the media that its rating for Peloton Interactive Inc. (PTON) has been changed to Neutral from Outperform and the new price target is set at $12.
Analysts at JP Morgan downgraded TPG Inc. (TPG)'s stock to Neutral from Overweight Tuesday.
Free Portfolio Analysis: Plug in Your Stocks for a Full Review
Are you a Conservative – Aggressive – Prudent – Speculative Investor? Enter in the top stocks in your portfolio and see what type of investor you really are. Plus, find out what your stocks are really worth, how safe they are, and whether you should buy, sell or hold. The results may surprise you!
Sponsored
Latest Insider Activity
Meta Platforms Inc. (META) Chief Legal Officer Newstead Jennifer announced the sale of shares taking place on Jan 18 at $135.71 for some 342 shares. The total came to more than $46413.0.
Salesforce Inc. (CRM) President/Chief People Officer Hyder Brent sold on Jan 23 a total 831 shares at $155.59 on average. The insider’s sale generated proceeds of almost $0.13 million.
Clear Channel Outdoor Holdings Inc. (CCO) 10% Owner ARES MANAGEMENT LLC declared the purchase of shares taking place on Jan 19 at $1.33 for some 300,000 shares. The transaction amount was around $0.4 million.
Keurig Dr Pepper Inc. (KDP) Chief Financial Officer Priyadarshi Sudhanshu Shekhar bought on Jan 18 a total 10,000 shares at $35.00 on average. The purchase cost the insider an estimated $350,000.
Crack The Trading Code In 2023!
Options trading champion Chuck Hughes reveals his step by step plan to successful trading with his brand new e-guide, "The Stock Market Income Code".
Free for a limiteds time, this guide is the perfect for any trader who wants to have a better year of trading in 2023, recession or no!
Sponsored
Important Earnings
Top US earnings releases scheduled for today include Verizon Communications Inc. (NYSE: VZ). It will announce its Dec 2022 financial results. The company is expected to report earnings of $1.19 per share from revenues of $35.14B in the three-month period.
Analysts expect Invesco Ltd. (NYSE: IVZ) to report a net income (adjusted) of $0.36 per share, when the company releases its quarterly results shortly. Revenue for the fiscal quarter ended Dec 2022 is predicted to come in at $1.09B.
General Electric Company (GE), due to announce earnings before the market opens today, is expected to report earnings of $1.13 per share from revenues of $21.59B recently concluded three-month period.
That's it for today. Thanks for reading. Good luck out there!Best Regards,Stocks Telegraph Team
P.S. Want my daily watchlists sent to your cell phone too? Just go HERE and join my text message list!
Wouldn’t it be great to have a personalized solution for your investing needs? We’re adding new sections to the morning newsletter with big implications. All you have to do is share your thought about the current newsletter. If you do that, we’ll do our best to take your feedback and make it a better experience for you.
We are asking for 1 minute of your time to answer 4 questions about your experience with our newsletter. We hope to use this information to create solutions that address exactly what you need!
Thank you for your continued support.
Disclaimer: Legal Stuff: Stocks featured in this newsletter are for entertainment purposes only. You should not base any investment decisions on information contained in my newsletter. Stocks featured in this newsletter may be owned by owners/operators of this website which could impact our ability to remain unbiased. Please consult a financial advisor before making any trading decisions. I may earn a small commission from links placed inside of these emails.