The recent cyberattack on CDK Global, a software provider for car dealerships, has caused persistent outages for many dealerships across the country. Dealers are unable to access key systems such as inventory management and customer databases, leading to significant disruptions in their operations. CDK Global is working to resolve the issue, but dealers are left frustrated and struggling to serve their customers.
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Piper Sandler highlights the stocks most likely to benefit from bullish market sentiment
Wall Street's optimism following Donald Trump's reelection has benefited stocks that typically thrive in bullish sentiment, driven by expectations of looser regulations and lower corporate taxes. Piper Sandler's analysis shows that bullish sentiment is at an extreme, with investors anticipating market growth and improved economic data. Stocks like Uber and Garmin, which historically perform well in high sentiment environments, have seen notable gains in 2024, with Uber potentially benefiting from looser regulations under the new...
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