Semtech (NASDAQ:SMTC) experienced a more than 3% increase in its stock price in after-hours trading on Thursday following the announcement of optimistic guidance for the first fiscal quarter of 2025 and surpassing fourth-quarter 2024 revenue forecasts.
In Q4, Semtech reported...
Deutsche Bank analysts placed Target (NYSE:TGT) on the Fresh Money List, highlighting it as a key stock pick anticipated to show strong performance in the next 12 months. They point out Target's cautious 2024 outlook, which may lead to...
AMC Entertainment Holdings (NYSE:AMC) saw its shares drop over 14% on Thursday following its announcement of a new equity distribution deal valued up to $250 million. The company plans to occasionally sell its Class A common stock under this...
Palantir Technologies (NYSE:PLTR) stock plunged more than 6% on Thursday after Monness, Crespi, Hardt analysts downgraded the company to Sell from Neutral, setting a price target of $20.
The analysts attributed the downgrade to Palantir's significant surge amid the...
Walgreens Boots Alliance (NASDAQ:WBA) shares rose more than 3% on Thursday after the company exceeded expectations with its second-quarter adjusted earnings per share (EPS) of $1.20, surpassing the analyst prediction of $0.82 by $0.38. The company's revenue hit $37.1...
Home Depot (NYSE:HD) announced its intention to purchase SRS Distribution for $18.25 billion, in what is a significant move to expand its services to professional clientele, including contractors and roofers. This acquisition is a strategic effort by the retail...
Google and Pinterest might be testing a new partnership. Analysts at CWEB have found a code string that suggests multiple Google ad units are being tested on the popular app Pinterest. Google has been considering supplementing its International business....
Shares of DraftKings Inc.(DKNG) experienced a significant decline on Wednesday following an announcement by NCAA President Charlie Baker, who expressed his intention to prohibit collegiate proposition betting. This form of wagering, which enables gamblers to place bets on events...
Chick-Fil-A backtracked on its No Antibiotics Ever (NAE) policy that was made in 2014. The popular chicken sandwich chain announced it will use some antibiotics and follow another standard. It became another giant American company that flew away from...
Susquehanna analysts adjusted their price target for Bloom Energy (NYSE:BE) to $16 from $18 but continued to recommend a Positive rating on the stock.
The revision in estimates, mainly due to the timing of projects, precedes Bloom's Q1 earnings...