A Wolfe analyst doesn’t think next week’s earnings report will prove a “meaningful catalyst” for Micron shares. He’s more enthused about earnings power over the medium term.
Aggregate retail-investor portfolios are beating market benchmarks like the S&P 500 this year and closely trailing the Nasdaq, according to data from Vanda Research.
Rising tensions in the Middle East following an Israeli military attack on Hezbollah targets in southern Lebanon are bound to raise concerns about crude supplies in the region, yet failed to contribute to a rise in oil prices on Friday.
Commodities have erased most of their 2023 losses in just the first half of this year, with the “China effect” partly to blame for changes in metals prices. Analysts aren’t surprised.