Tesla (TSLA) stock fell by three percent in premarket trading. The fall in share price occurred after several outlets shared an internal memo from Elon Musk about layoffs. The memo mentioned an over 10 percent reduction in the global...
BlackRock, Inc. (NYSE:BLK) Surpasses Q1 2024 Earnings Estimates
On Friday, April 12, 2024, before the market opened, BlackRock, Inc. (NYSE:BLK) reported earnings per share (EPS) of $9.81, surpassing the estimated $9.42. This performance indicates a strong start to the year...
Fastenal Company (FAST) Earnings Report Highlights
On Thursday, April 11, 2024, before the market opened, Fastenal Company (FAST) reported its earnings, revealing an actual earnings per share (EPS) of $0.52, which was slightly below the estimated $0.53. Additionally, the company's...
State Street Corporation's Impressive Earnings Report
On Friday, April 12, 2024, State Street Corporation (STT:NYSE) reported an impressive earnings per share (EPS) of $1.69, significantly outperforming the anticipated EPS of $1.48. This financial achievement was complemented by a reported revenue...
Roth/MKM analysts began covering MultiSensor AI (NASDAQ:MSAI), recommending a Buy rating with a price target of $8. The analysts highlighted the unique attributes of MSAI's predictive asset management platform, which combines integrated infrared video sensing and predictive management software,...
Morgan Stanley analysts reaffirmed their Equalweight rating and a price target of $71 for Marvell (NASDAQ:MRVL), following the company’s recent analyst day which highlighted its AI-driven opportunities within networking and custom compute.
The company estimates its AI revenues to...
Morgan Stanley analysts started covering Reddit (NYSE:RDDT) with an Equalweight rating and a price target of $45. The bank appreciates Reddit's unique position as a genuine platform with numerous communities, presenting an appealing offering for users and advertisers.
They...
Barclays analysts started coverage on Astera Labs (NASDAQ:ALAB) with an Overweight rating and, setting a price target of $85 on the stock. The analysts highlighted that Astera Labs is well-positioned as an early leader in a variety of data...
Salesforce (NYSE:CRM) CEO Marc Benioff is eyeing Informatica (NYSE:INFA) for a major acquisition that could rank as one of the company's most significant, aimed at bolstering Salesforce's capabilities in data integration and management. According to the Wall Street Journal,...
Apple (NASDAQ:AAPL) experienced a notable 10% decrease in iPhone shipments during the first quarter of 2024 while the global smartphone market saw a 7.8% increase to 289.4 million units, according to IDC. This growth follows a year marked by...