Wall Street Braces for Inflation and Earnings Data Amid Market Uncertainty
Analysts make big calls on portfolio stocks, Constellation Brands shines in beer, and Eli Lilly launches direct-to-consumer service for weight-loss drugs.
- Wall Street is on edge as inflation and earnings data loom, with a turf war in sports drinks potentially determining whether beverage stocks bounce back in 2024.
- Analysts made big calls on six portfolio stocks this week, with mixed reactions from the market.
- Investors will soon be able to buy slices of bonds, potentially changing the investment landscape.
- Constellation Brands posted strong results in beer, overshadowing misses elsewhere, while Meta Platforms' savvy use of artificial intelligence and untapped potential in business messaging are reasons for more upside ahead for the stock in 2024.
- Eli Lilly is on track for a new high after launching a direct-to-consumer service for weight-loss drugs.