Citi sees a more challenging outlook ahead for HP Inc. as the maker of personal computers could suffer from issues on both the supply and demand fronts.
In the real world, a vice to some is frequently a virtue for others. But in a stock market thats heavily segmented, indexed and ultimately ETFd, ESG ratings can and do have a major influence over prices, particularly in the near term.
Our theme of Value Tech Stocks - which is comprised of tech stocks with a market cap of over $5 billion and a price to earnings multiple of under 20x - has declined by almost 19% year-to-date, although it has outperformed the broader Nasdaq-100 index, which remains down 28% over the same period.
Kraft Heinz yields a meaty 4.1% following last weeks takedown. The stock trades ex-dividend on Thursday, May 19, so if you own it through Wednesday's close, you pocket the $0.40 dividend.
The stock decline during this period can be attributed to the fall in Q1 earnings, missed estimates, and negative cash flow driven by a slowing economy and supply chain worries.
By Dean Seal Shares of biopharmaceutical companies that specialize in fighting smallpox and the closely-related virus monkeypox climbed in premarket trading...
Nvidias data-center sales are expected to edge out gaming results as demand from server farms is high but gaming has softened from peak COVID-19 levels.