Morgan Stanley pulls no punches after tech stock sell-off

The tech sell-off was nerve-wracking for investors, but Morgan Stanley’s Andrew Slimmon feels the market might be getting exactly what it needed. In a recent CNBC interview, Slimmon made the case that AI winners weren’t collapsing due to fundamentals being broken. They fell because the trade became too crowded, pulling in investors who were buying […]

Morgan Stanley pulls no punches after tech stock sell-off Read More »

Oracle stock analyst reboots outlook as costs spark debate

Mizuho reiterated its Outperform rating and $320 price target on Oracle after the company’s fourth-quarter results. Oracle’s cloud infrastructure business is growing quickly, but investors are focused on capital spending, debt, and free cash flow. The bigger question is whether the demand for Oracle’s artificial intelligence cloud can grow fast enough to justify the cost

Oracle stock analyst reboots outlook as costs spark debate Read More »

Housing costs force a generation to put moving out on hold

Despite earning degrees and maintaining steady employment, a significant share of Americans under 35 continue to live in their childhood homes, according to Realtor.com. A record 25.2 million adults under 35 lived with their parents last year, surpassing even the pandemic peak, according to the Realtor.com report. The co-residence rate sits at 33%, just below

Housing costs force a generation to put moving out on hold Read More »