Here are Wall Street’s biggest calls on Wednesday: Bernstein reiterates Amazon as outperform Bernstein said it remains bullish on the e-commerce giant heading into 2023. “Amongst the uncertain backdrop, Amazon continues to look like the safest place in eCommerce after taking share in 3Q and likely continuing to do so in 4Q.” Wells Fargo downgrades … Read more
Gas prices are displayed at an Exxon gas station on July 29, 2022 in Houston, Texas. Exxon and Chevron posted record high earnings during the second quarter of 2022 as energy stocks have faltered in recent months. Brandon Bell | Getty Images A pair of Democratic lawmakers on Friday accused the largest oil companies in … Read more
While the outlooks for stocks and the economy are bleak, Jim Cramer says it's not 2000 or 2008.
Check out the companies making the biggest moves midday: Hertz — Shares of the rental rental company jumped 1.9% after the company announced a partnership with BP’s electric vehicle charging unit that will put thousands of charging stations at Hertz locations. Many of the stations will be used to charge Hertz’s growing fleet of electric … Read more
Here are the biggest calls on Wall Street on Thursday: UBS upgrades Eli Lilly to buy from neutral UBS says it’s bullish on the company’s weight loss drug and sees upside potential. “With these events in the rear-view mirror, we now view LLY as being the most attractive name in our large cap coverage, with … Read more