Remember to keep your head as ‘Trumphoria’ grips Wall Street
Naturally, peak bullishness showed up just before the recent slide.
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Naturally, peak bullishness showed up just before the recent slide.
But the increase should be small and gradual
Japanese automakers Honda Motor Co. and Nissan Motor Co. are exploring the possibility of a merger, according to reports late Tuesday, in a bid to better compete against foreign electric-vehicle makers like Tesla Inc. and China’s BYD.
Wolfe Research analyst sees Honeywell’s Quantinuum unit seeing a similar boost to IonQ, which has seen its stock price jump 225% this year.
“Even if Nvidia has been a powerful motor propelling equity markets this year, there are plenty of other oars in the water doing the same thing,” an analyst says.
The Dow Jones Industrial Average fell for a ninth straight day on Tuesday, its longest losing streak since 1978.
Honeywell draws support for a strategic review from Elliott management as airlines and defense sectors scale up.
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Ford’s stock draws a downgrade as an analyst sees more underperformance ahead for the auto giant.