3 big calls in the stock market you missed this week

The bond king roared. The stock market wobbled. Mortgage rates crept toward an eye-popping 7%.

Here are several calls in the market you probably missed during this busy week.

The Bond King Rings the Alarm

DoubleLine Capital founder and CEO Jeffrey Gundlach was in good spirits and top investing form when Yahoo Finance (video above) met him at his snazzy new industrial-themed office in Tampa, Florida, this week for am exclusive sit-down.

Gundlach struck a note of caution on the economic outlook (he sees a hard landing) but also rang the alarm bell to call attention to one market risk not many are thinking about yet.

“I don’t know if it’s a risk for this year … but I think China taking over Taiwan is a very significant risk,” he said. “They [China] love the fact I’m sure that we are destroying a lot of our munitions in defense of Ukraine, which obviously depletes our ability to arm Taiwan. So they’d love us to blow up all our stuff in Ukraine. That balloon coming over, there’s a lot of odd things going on that one should think that the risk of a greater escalation of hostilities is the odds on case.”

Here’s what else Gundlach told us.

Nvidia Hype Forces the Hand of Goldman Sachs

A Yahoo Finance user favorite ticker — Nvidia (NVDA) — saw shares explode some 14% on Thursday. The move wasn’t because the computing giant had an amazing fourth quarter — in fact, sales plunged 21% amid the broader tech demand pullback, as Yahoo Finance’s Julie Hyman and Brad Smith broke down in a new “After the Call” segment.

But what the company did do is sell the sizzle on the buzzword of the moment in tech land: AI (a.k.a. artificial intelligence), as Yahoo Finance’s Dan Howley reports.

An upbeat, AI-filled earnings call caused Goldman Sachs analyst Toshiya Hari to upgrade his rating on Nvidia’s stock to buy from hold. Hari’s new 12-month price target on Nvidia: $275, which assumes about 17% upside from current levels.

Story continues

Said Hari in his upgrade note: “In hindsight, we acknowledge that our decision to remain on the sidelines in anticipation of a pullback in the company’s…


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