Generac stock plummets on declining 2023 sales forecast
08/02/2023 21:36
Generac shares drop as the company expects a decline in 2023 sales in its residential business. Yahoo Finance Live discusses the reasons for the decline.

TipRanks
‘Opportunities Outweigh Risks’: Oppenheimer Sees at Least 60% Gains in These 2 Stocks
It’s been clear for a while now that the stock market is on an upward trajectory, buoyed by a resilient economy and retreating high inflation. The good news, according to John Stoltzfus, Chief Investment Strategist at Oppenheimer, is that the chances of the bull market continuing are more likely than the bears grabbing hold of the narrative once again. “Our appraisal of the market landscape at this time suggests that opportunity outweighs risk as current monetary policy generates a transition fr

Investor's Business Daily
When To Sell Stocks: This Simple Strategy Could Be Best Sell Rule For Growth Stocks
Knowing when to sell stocks for gains is critical to investors. When your stock punctures the 10-week moving average in enormous volume, the weekly chart is essentially screaming, "This stock is changing in character!" A big reversal of gains after breaking out of a late-stage base and falling 8% below the latest buy point?

Bloomberg
World’s Shrinking AAA Debt Options Include Singapore, Norway
(Bloomberg) -- The fallout from Fitch Ratings’ downgrade of the US puts the focus on the countries still holding onto the coveted top credit grade.Most Read from BloombergFitch’s US Credit Downgrade Sparks Criticism Along With UneaseMissing Goldman Sachs Analyst Confirmed Dead by New York PolicePoland Sends Troops to Belarus Border After Airspace BreachTrump Indicted on Federal Charges in 2020 Election ProbeWhy the US Credit Rating Was Cut by Fitch and What It MeansEconomies with the highest cre

Reuters
Apollo leads deal for trucking firm Yellow's bankruptcy loan - Bloomberg News
Shares of Yellow were up 78% at $3.14 in afternoon trade. The U.S. asset manager, which owns most of one of Yellow's term loans, is well-positioned to provide backing and is finalizing a deal to lead a debtor-in-possession financing for the cash-trapped trucking company, the report said. Yellow declined to comment, while Apollo did not immediately respond to a Reuters request for comment.