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Business

JetBlue Airways Earns an Upgrade at JPMorgan

JPMorgan analysts upgraded JetBlue Airways (NASDAQ:JBLU) to Neutral from Underweight, setting a price target of $7 on the stock. The analysts noted that while...

eBay Double Upgraded at Morgan Stanley, Shares Gain 3 percent

eBay (NASDAQ:EBAY) shares gained more than 3% pre-market today after Morgan Stanley analysts upgraded to Overweight from Underweight, substantially raising the price target to...

QUALCOMM’s Automotive Investor Day Review

Deutsche Bank analysts provided their key takeaways from QUALCOMM Incorporated's (NASDAQ:QCOM) first-ever Automotive Investor Day, where it highlighted the breadth and flexibility of its...

FactSet Research Systems Shares Down 2 percent on Q4 EPS Miss

FactSet Research Systems Inc. (NYSE:FDS) shares were trading more than 2% lower Friday morning following the company’s reported Q4 results, with EPS of $3.13...

ANSYS Price Target Lowered to $282 From $420 at Berenberg Bank

Berenberg Bank analysts lowered their price target on ANSYS, Inc. (NASDAQ:ANSS) to $282 from $420 on the back of a slight estimate cut to...

Thomson Reuters’ Investor Meeting Takeaways

RBC Capital analysts provided their key takeaways from Thomson Reuters Corporation (NYSE:TRI) investor meeting, noting they view the company as a high-quality core holding...

Salesforce Investor Day Review, Shares Up 2 percent

Oppenheimer analysts provided their key takeaways from Salesforce, Inc. (NYSE:CRM) Investor Meeting, where the company reaffirmed its $50 billion revenue target in 2026. Shares...

W.W. Grainger’s Investor Day Review

RBC Capital analysts provided their views on W.W. Grainger, Inc. (NYSE:GWW) following the company’s Investor Day, where it reaffirmed 2022 guidance and set ambitious...

CarMax’s Upcoming Q2 Earnings Preview

RBC Capital analysts provided their outlook on CarMax, Inc. (NYSE:KMX) ahead of the upcoming Q2 earnings announcement. While the analysts continue to believe in...

The Chemours Company Shares Down 4 percent on Updated Guidance

The Chemours Company (NYSE:CC) shares were trading more than 4% lower Thursday afternoon following the company’s updated guidance announcement. Full 2022-year EBITDA guidance was...

Tesla recalls more than one million cars to update window safety software

Tesla has recalled more than a million vehicles in the nation after it was found that the automatic reversal system in its windows might...

Walmart to hire 40,000 associates for holiday season and beyond for different roles

As the holiday season approaches, Walmart is getting ready to bring joy as well as the best deals for its customers. There will be...

Darker Days Ahead For PPG Industries

Berenberg Bank analysts lowered their price target to $127 from $140 on PPG Industries, Inc. (NYSE:PPG), expecting further volume deterioration into H2/22 with a...

Olin Corporation Announces a Guidance Cut

RBC Capital analysts lowered their estimates and price target to $58 from $70 on Olin Corporation (NYSE:OLN) following the company’s updated guidance announcement. The company...

Fidelity National Information Services’ Price Target Lowered to $114 at RBC Capital

RBC Capital analysts lowered their price target to $114 from $141 on Fidelity National Information Services, Inc. (NYSE:FIS) ahead of their upcoming meeting tomorrow...

Virco Mfg. Corporation’s Q2 Earnings Review

Wedbush provided a recap of Virco Mfg. Corporation’s (NASDAQ:VIRC) Q2 results, announced last week. The company reported net sales of $82.8 million, an increase...

CrowdStrike Holdings’ 2022 Investor Briefing Review

Oppenheimer analysts provided their views on CrowdStrike Holdings, Inc. (NASDAQ:CRWD) following the 2022 Investor Briefing at the company's annual Fal.Con conference. Highlights included: (1)...

What to Expect From NIKE’s Upcoming Q1 Results?

Deutsche Bank analysts lowered their estimates and price target to $123 from $130 on NIKE, Inc. (NYSE:NKE) ahead of the company’s upcoming Q1 earnings...

What to Expect From Accenture’s Upcoming Q4 Results

RBC Capital analysts provided their outlook on Accenture plc (NYSE:ACN) ahead of the upcoming Q4 earnings, expected to be reported tomorrow. The analysts expect generally...

AutoZone Reports Better Than Expected Q4 Results

AutoZone, Inc. (NYSE:AZO) reported its Q4 results, with EPS of $40.51 coming in better than the Street estimate of $38.51. Revenue was $5.3 billion,...

Spotify enters the growing audio book market: Here are some free audio book alternatives.

Spotify launches audiobook store with  300,000 titles with a basic service that was initially made available to the American market in its announcement...

Western Digital Corporation Downgraded to Hold at Deutsche Bank

Deutsche Bank analysts downgraded Western Digital Corporation (NASDAQ:WDC) to hold from buy and lowered their price target to $40 from $56. The analysts believe the...

Ralph Lauren Corporation’s Investor Day Review

Deutsche Bank analysts provided their views on Ralph Lauren Corporation (NYSE:RL) following the company’s Investor Day, where it detailed a long-term strategy that includes...

Elastic’s Analyst Day Review

RBC Capital analysts provided their views on Elastic N.V. (NYSE:ESTC) following the company’s Analyst Day, with the key takeaways including (1) additional details around...

Ford Motor Company Shares Plunge 12 percent Following Q3 Pre-Announcement

Ford Motor Company (NYSE:F) shares were trading more than 12% lower Tuesday afternoon following the company’s pre-announced Q3 results, calling for adjusted EBIT ranging...

Newest AirPods Pro 2 available with better features, for pre-order

One of the much awaited devices from Apple Inc. has been the next gen AirPods Pro and the tech company recently released this product...

Beyond Meat COO Doug Ramsey takes a bite of man’s nose in Arkansas incident and is arrested

Doug Ramsey, the COO of Beyond Meat, a popular vegan company, seemed to have developed a taste for flesh when he got angry and...

The Dodo Box to launch first Walmart’s Pet Lover Box in October

The Dodo Box, a well known brand among pet lovers, is collaborating with Walmart, the nation’s largest retailer to offer the first-ever Walmart’s Pet...

Humana’s Investor Day Review, Guidance Raised

Analysts at RBC Capital raised their price target on Humana Inc. (NYSE:HUM) to $544 from $541 following the company’s Virtual Investor Day meeting on...

Shopify’s Q3 Merchants are Likely to Slightly Decline

Analysts at RBC Capital provided their views on Shopify Inc. (NYSE:SHOP), noting that data from BuiltWith suggests Shopify’s merchants are likely to slightly decline...

Danaher Corporation’s Analyst Meeting Review

Danaher Corporation (NYSE:DHR) hosted an in-person analyst meeting last week, providing investors a deeper dive into its portfolio evolution, DBS success stories, and the...

What to Expect From NVIDIA Corporation’s Upcoming Fall GTC Keynote?

Analysts at Deutsche Bank provided their outlook ahead of the upcoming NVIDIA Corporation (NASDAQ:NVDA) Fall GTC keynote. The analysts expect the Fall GTC keynote...

Clearwater Analytics Holdings Annual User Conference Review

RBC Capital analysts provided their views on Clearwater Analytics Holdings, Inc. (NYSE:CWAN) after attending the company’s in-person annual user conference, noting they came away...

KB Home’s Upcoming Q3 Earnings Preview

Analysts at Wedbush provided their outlook on KB Home (NYSE:KBH) ahead of the upcoming Q3 earnings, expecting EPS to exceed the Street estimates. The analysts...

Take-Two Interactive Software Review Following Leaked GTA 6 Clips

On September 18, a large collection of in-game footage/clips, allegedly from Take-Two Interactive Software, Inc.’s (NASDAQ:TTWO) GTA 6, was posted online and widely distributed...

Netflix Upgraded to Outperform at Oppenheimer

Oppenheimer analysts upgraded Netflix, Inc. (NASDAQ:NFLX) to Outperform from Perform with a price target of $325. According to the analysts, ad-tier launch should accelerate...

Voyager’s astronauts will get Hilton designed suites on private space station Starlab

On Monday, Voyager Space Holdings and Lockheed Martin said that Hilton would design astronaut suites for their private space station called Starlab. The companies...

EU calls for 7.5 billion euro cut from Hungary over corruption and other concerns

On Sunday, the European Union executive put forth a proposal that would withhold 7.5 billion euros from Hungary. In a first such case, 27...

One, a Walmart backed fintech to launch checking accounts in weeks, sources say

One is a fintech startup that has got huge backing from America’s greatest retailer, Walmart. Now sources have told outlets that the fintech will...

Apple adds new edit and unsend options on iMessage with newest operating system iOS 16

Apple Inc. has delighted its customers with the recent launch of iPhone 14, iPhone 14 Pro, next generation Apple Watch and AirPods Pro. However,...

Adobe buys design platform and rival Figma for $20 billion

  Adobe Inc. (ADBE) 299.5 -9.630005(-3.1151958%)   announced yesterday that it is buying design platform and rival Figma for $20 billion. It's a very impressive...

McDonald’s to remain in Chicago despite crime stopping employees’ return to office

On Wednesday, CEO Chris Kempczinski mentioned that McDonald’s was facing problems trying to relocate corporate officers from other cities to Chicago, due to the...

Coinbase Global’s CFO Meeting Key Takeaways

Oppenheimer analysts provided their key takeaways from Coinbase Global, Inc’s (NASDAQ:COIN) CFO meeting. The conversation covered a wide range of topics including (1) BlackRock and...

Tesla’s Price Target Raised to $400 at Deutsche Bank

Deutsche Bank analysts provided their views on Tesla, Inc. (NASDAQ:TSLA), raising their price target to $400 from $375. The analysts boosted their 2023 gross margin...

Dow Pre-Announces Q3 Shortfall

Dow Inc. (NYSE:DOW) pre-announced Q3 shortfall, expecting EBITDA to be $600 million, or 25%, lower than the Street estimate of $2.44 billion. While the...

FedEx Corporation Shares Plunge 21 percent on Q1 Preannouncement

FedEx Corporation (NYSE:FDX) shares dropped more than 21% following the Q1 pre-announcement and full 2023-year guidance withdrawal. Q1 adjusted EPS is expected to be $3.44...

Target Hospitality’s Review by Oppenheimer

Oppenheimer analysts provided their views on Target Hospitality Corp. (NASDAQ:TH) following their meeting with the company’s CEO. Formerly perceived as an energy stock, the analysts...

Host Hotels & Resorts Initiated With Perform Rating at Oppenheimer

Oppenheimer analysts initiated coverage on Host Hotels & Resorts, Inc. (NASDAQ:HST) with perform rating and a $21 price target, noting they like the company's...

Hilton Worldwide Upgraded to Buy at Berenberg Bank

Berenberg Bank analysts upgraded Hilton Worldwide Holdings Inc (NYSE:HLT) to buy from hold and raised their price target to $152 from $140. According to the...

What to Expect From Cintas Corporation’s Upcoming Q1 Results?

Analyst at Deutsche Bank provided their outlook on Cintas Corporation (NASDAQ:CTAS) ahead of the upcoming Q1 earnings announcement. The company’s stock has performed in...
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