Stocks making the biggest moves premarket: General Mills, FedEx, Adobe and more

Check out the companies making headlines in the premarket. General Mills — Shares of General Mills added 1.7% in the premarket after the food company reported better-than-expected quarterly earnings. General Mills posted adjusted earnings of 99 cents per share compared with the analyst consensus of 89 cents per share, according…

Top Wall Street analysts believe these stocks are poised for upside

An Amazon worker delivers packages amid the coronavirus disease (COVID-19) outbreak in Denver, Colorado, April 22, 2020. Kevin Mohatt | Reuters Though the markets are off from their highs, analysts believe that several companies still have room to grow. Innovations in point-of-sale technology, acquisitions of buy now, pay later firms,…

After years of being ‘squeaky clean,’ the Federal Reserve is surrounded by controversy

The Marriner S. Eccles Federal Reserve building in Washington, D.C., on Friday, Sept. 17, 2021. Stefani Reynolds | Bloomberg | Getty Images The Federal Reserve has a big meeting on tap next week, one that will be held under the cloud of an ethical dilemma and will be run by…

JPMorgan downgrades Chevron, citing ramp-up in clean energy spending

Journalists are reflected in the sunglasses of drilling site manager Greg Murphy during a media day at Chevron’s site in Pungesti, Romania, April 8, 2014. Bogdan Cristel | Reuters Chevron’s plans to increase its clean energy spending could hold the stock back over the next year, according to JPMorgan. Source…

Tuesday’s CPI report likely to show inflation continuing to run hot, putting the Fed in tough spot

A customer pushes her shopping cart through the aisles at a Walmart store in the Porter Ranch section of Los Angeles. Kevork Djansezian | Reuters Tuesday’s report of the consumer price index could set the tone for markets ahead of next week’s Federal Reserve meeting, particularly if it is hotter…

Dow, S&P 500 fears? Why worrying about a correction is still the wrong way to invest

The Dow Jones Industrial Average and S&P 500 Index just suffered five straight days of losses and their worst weekly performance since — wait for it — June. Investors went into the summer easing up a little bit on stocks and have exited the summer with a similar bout of…