Investors might have been spooked at first by the unfavorable impact of lower rates on net interest income. Yet, JPMorgan is likely the best bank stock to own amid an uncertain macroeconomic environment.
Despite the usual short-term headwinds, Schlumberger seems to be one of the best-positioned players in the energy services sector. Once the macro environment improves, the stock could head substantially higher from its current, depressed levels.
The banking giant will be looking to regain investor confidence ahead of what could be a challenging quarter.
The tech giant cut the price of its latest MacBook Air and refreshed its cheapest MacBook Pro. It also discontinued a MacBook that felt strongly influenced by Jony Ive's design philosophy.