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Here are Friday’s biggest analyst calls of the day: Amazon, FedEx, Tesla, Apple, Snowflake & more

Here are Friday’s biggest calls on Wall Street: KeyBanc reiterates Apple as overweight KeyBanc said Apple shares remain attractive. “We recommend owning AAPL. Our KFLD (KeyBanc First Look Data) shows Indexed Spending was +2.0% m/m in August, vs. the three-year avg. of +1.0%. Positively, QTD data appears to be tracking +15 % where September should …

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Peloton reports big loss, decline in revenue as the company grinds through its turnaround plan

A person walks past a Peloton store on January 20, 2022 in Coral Gables, Florida. Joe Raedle | Getty Images Peloton on Thursday reported widening losses and slumping sales in its fiscal fourth quarter as the connected fitness equipment maker attempts to win back investors with cost cuts and strategic shifts. Shares declined more than …

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Peloton strikes a deal to sell fitness equipment and apparel on Amazon

Peloton has struck a partnership with Amazon in a bid to broaden its customer base and win back investors’ confidence, as revenue growth slows from pandemic highs and its stock price plunges. In its first foray outside of its core direct-to-consumer business, Peloton starting Wednesday will be hawking a selection of its connected-fitness equipment and …

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Dow drops 300 points to start the week as Wall Street rally wanes

Stocks open lower Monday Stocks opened lower Monday as the summer rally waned ahead of the Federal Reserve’s Jackson Hole symposium. The Dow Jones Industrial Average fell 376 points, or by 1.12%. S&P 500 and Nasdaq Composite dropped 1.29% and 1.42%, respectively. —Sarah Min VIX at highest level since Aug. 3 A measure of stock …

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Here are 5 reasons why the bull run in stocks may be about to morph back into a bear market

Some market gurus are starting to worry the summer rally on Wall Street may be starting to fizzle, after stocks quickly lurched from oversold to overbought. Gene Goldman, chief investment officer of Cetera Financial Group, explained that stocks are likely headed for a pullback, even though the economy is in better shape than many Americans …

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Here’s what’s at stake for HBO’s ‘House of the Dragon’ and Amazon’s ‘The Rings of Power’

Promos for HBO MAX Game of Thrones: House of the Dragon (L), and Prime Video Lord of the Rings: The Rings of Power. HBO Max | Amazon As summer comes to an end, two expensive fantasy series filled with sorcery, sword fights and fantastical beasts will premiere on rival streaming services. While it may seem …

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‘Don’t be a hero’: Investment pro reveals how to navigate the market, names the tech stocks she’s buying

Market veteran Nancy Tengler says talk of a new bull market is premature, as she names her favorite “reliable” stocks. “I think this rally has been excellent,” Tengler, who is CEO and chief investment officer of Laffer Tengler Investments, told CNBC “Squawk Box Asia” last week. “We have been adding to risk in our portfolios …

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Possible triple-homicide in Brossard apartment fire that killed mother and children Police discover stabbed man, 20, on St-Laurent Blvd. Boy reported missing in Springville located safe: N.S. RCMP Colder than average for Sask. winter: Old Farmer’s almanac predicts Power line causes fire to Bedford, N.S. home: Halifax Fire Calgary sport court opens in Bridgeland Vancouver fire crews extinguish flames at SRO in DTES