HSBC upgraded its stance on US equities to “overweight” from “neutral” on Tuesday, citing strong earnings momentum and easing geopolitical risks that are shifting investor focus back to fundamentals. The brokerage, however, downgraded Europe ex-UK to “neutral,” warning that economic conditions remain weaker in the region.
Source: https://invezz.com/news/2026/04/28/hsbc-turns-overweight-on-…
Financial media reported that PayPal is currently the target of buyout offers, both for the entire company as well as individual subsidiaries. PayPal delivered highly disappointing earnings and forward guidance earlier this month.
Exxon Mobil, Eli Lilly, and Berkshire Hathaway all have strong fundamentals and have done well in the past, even when the stock market has struggled. These stocks all outperformed the market in 2022 due to varying reasons.
The S&P 500 is chugging along at a solid rate, as it’s up 17% over the past year and up 2.5% over the past month. Market mavens should like what they see as the index crests the 6,950 mark, with 7,300 very much in play.
