JPMorgan upgrades this online lender thanks to 'favorable' macroenvironment
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Yahoo
a minute ago
- Yahoo
Why Navitas Semiconductor Stock Was Sinking This Week
Key Points An analyst dealt quite the blow to the chipmaker, in the form of a recommendation downgrade. These days, he's rating it hold rather than a buy. 10 stocks we like better than Navitas Semiconductor › Specialty chipmaker Navitas Semiconductor (NASDAQ: NVTS) was looking anything but special over the past few trading days. The company was the subject of a recommendation downgrade, which pushed the stock well down in price and kept it there. As of Thursday evening, Navitas's shares were down by over 10% week to date, according to data compiled by S&P Global Market Intelligence. Cut down to size Although the downgrading party wasn't a large, famous financial institution, the move nevertheless impacted Navitas stock, and not in a pleasant way. It was made on Wednesday by CJS Securities's Jonathan Tanwanteng, who reset his recommendation on the stock to market perform -- hold, in other words -- from his previous ranking of market outperform (buy). He did not set a price target. Tanwanteng's reasoning behind the downgrade wasn't immediately apparent, but it was likely influenced by the dispiriting second-quarter results Navitas announced near the start of August. For the period, management reported that the company suffered a year-over-year revenue decline of nearly 30%. In what was hardly more encouraging news, the company's $0.25 per share net loss was double the deficit in the second quarter of 2024. Memories of a hot deal fading The resulting investor sell-off was quite the comedown for the company, which, as recently as May, was riding high on news of a deal with chip giant Nvidia. The two announced they were teaming up to develop hardware solutions for the coming wave of data centers outfitted to service the needs of artificial intelligence (AI) technology. Should you buy stock in Navitas Semiconductor right now? Before you buy stock in Navitas Semiconductor, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Navitas Semiconductor wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $654,624!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,075,117!* Now, it's worth noting Stock Advisor's total average return is 1,049% — a market-crushing outperformance compared to 183% for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of August 18, 2025 Eric Volkman has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Nvidia. The Motley Fool has a disclosure policy. Why Navitas Semiconductor Stock Was Sinking This Week was originally published by The Motley Fool Se produjo un error al recuperar la información Inicia sesión para acceder a tu portafolio Se produjo un error al recuperar la información Se produjo un error al recuperar la información Se produjo un error al recuperar la información Se produjo un error al recuperar la información
Yahoo
20 minutes ago
- Yahoo
Why is the stock market so resilient to policy risks
-- The S&P 500 has remained resilient despite weakening macroeconomic data, according to Morgan Stanley (NYSE:MS) analysts, who argue that the key lies in sector-specific impacts of policy choices. 'The economy and markets have been telling diverging stories: macroeconomic data point to an incrementally weakening environment, while the S&P 500 has posted positive YTD performance after April's significant low,' Morgan Stanley said. The bank explained that tariffs and immigration have created macroeconomic headwinds, dragging on growth and inflation. However, the negative effects are concentrated in sectors with a limited share of the index's market capitalization. By contrast, 'the OBBBA benefits sectors with large weights in the index due to provisions like upfront R&D expensing and bonus depreciation. These create cash flow benefits for sectors with an outsized share of market cap,' Morgan Stanley noted. The firm stressed that equity markets are forward-looking, having already priced in a slowdown earlier this year. 'Liberation Day marked peak uncertainty and peak concern around tariffs for equity investors, and we believe the market is now focused on a rebounding earnings backdrop,' the analysts wrote. From a sectoral perspective, Consumer Discretionary faces 'a combination of margin pressure and weaker pricing power,' leading to underperformance. Industrials are seen benefiting from near-shoring and domestic AI investment, while semiconductors have outperformed thanks to the AI theme despite policy headwinds. Morgan Stanley said this explains why U.S. equities have held up. The firm remains overweight Industrials and Financials, while underweight Consumer Discretionary, expecting continued strength in 'AI/Tech Diffusion and Re-shoring themes within the U.S.' Related articles Why is the stock market so resilient to policy risks Boeing stock rises on potential 500-plane China deal Intel: BofA breaks down pros and cons of a potential U.S. government stake Sign in to access your portfolio
CNBC
an hour ago
- CNBC
Asia-Pacific markets set to rise as investors look ahead to U.S. Fed chair Powell's speech
Asia-Pacific markets were set to mostly climb Friday as investors look to U.S. Federal Reserve Chair Jerome Powell's speech at the central bank's annual economic symposium, which could offer clues into the path of interest rates. Japan's benchmark Nikkei 225 is set to open higher, with the futures contract in Chicago at 42,700 while its counterpart in Osaka last traded at 42,640, against the index's last close of 42,610.17. Futures for Hong Kong's Hang Seng index stood at 25,192, higher than its last close of 25,104.61. Australia's benchmark S&P/ASX 200 is set to fall with futures standing at 8,971, lower than the index's close of 9,019.1. The index crossed the 9,000 mark for the first time Thursday. Overnight stateside, stocks fell broadly Thursday, with the S&P 500 sliding for the fifth day in a row. The broad-market index shed 0.4% and closed at 6,370.17, while the Nasdaq Composite slid 0.34% and settled at 21,100.31. The Dow Jones Industrial Average fell 152.81 points, or 0.34%, ending at 44,785.50. Fed funds futures are pricing in a nearly 74% likelihood of the central bank cutting rates at its next policy gathering in September, according to CME's FedWatch tool.
