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Time to buy these utility stocks with double-digit upside potential, says Goldman Sachs

The U.S. electric grid is undergoing a huge transformation and renewables have steadily become more widely adopted over the past decade.Adoption is set...

Oracle Pushes to Record High as AI-Frenzy Spurs Cloud Demand

(Bloomberg) -- Oracle Corp. gave investors a boost by saying the company’s cloud-computing business will continue to grow rapidly in the coming fiscal...

Recession will strike and stocks will drop – but the declines won’t be half as bad as some fear, leading strategist says

Expect the US economy to shrink later this year, and stocks to retreat, Seema Shah says.The top strategist expects a mild recession that...

Is TLRY Stock A Buy After Launching New Products And Another State Legalizing Marijuana?

Canadian cannabis producer Tilray (TLRY) is expanding its product base and improving its bottom line. With cannabis stocks hitting 52-week lows, is TLRY...

Berkshire Unit Must Pay Millions in Damages for Oregon Fires

(Bloomberg) -- A Berkshire Hathaway Inc. unit is liable for destruction caused by the 2020 Labor Day Fires in Oregon, a jury concluded,...

Beware this stock market rally because it’s reminiscent of what led up to the 2008 crisis, JPMorgan Asset Management CIO says

The stock market's ongoing rally is the calm before the storm, according to JPMorgan Asset Management's CIO.Bob Michele told CNBC that current market...

Instant Pot and Pyrex Maker Instant Brands Files for Bankruptcy

(Bloomberg) -- Instant Brands, maker of the Instant Pot pressure cooker and Pyrex glassware, filed for bankruptcy on Monday after high interest rates...

Oracle Earnings, Revenue Top Estimates On Cloud Computing Growth

Oracle (ORCL) reported May-quarter earnings and revenue on Monday that topped consensus estimates as cloud computing growth came in slightly above expectations. ORCL...

Morgan Stanley’s investment chief called 2022’s bear market, and he says stocks are still hibernating—he sees a 14% drop ahead

Mike Wilson isn’t afraid to stand out from the crowd in an industry that doesn’t often reward that type of behavior. In late...

Oracle beats quarterly revenue estimates on cloud services demand

(Reuters) -Oracle topped fourth-quarter revenue estimates on Monday, boosted by growing demand for its cloud offerings from companies deploying AI.Revenue for the quarter...

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