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Business

Marathon Petroleum Q1 2024 Earnings Preview: EPS, Revenue, and Stock Insights

Marathon Petroleum's Earnings Report Anticipation On Tuesday, April 30, 2024, before the market opens, MPC:NYSE is scheduled to release their earnings report for the quarter....

Loop Capital Markets Maintains ‘Buy’ Rating on BALL Corporation with Increased Price Target

Loop Capital Markets Maintains "Buy" Rating on BALL Corporation (NYSE:BALL) On Monday, April 29, 2024, Loop Capital Markets reaffirmed its confidence in BALL Corporation (NYSE:BALL),...

Acuity Brands Reports Better Than Expected Q4 Results

Acuity Brands, Inc. (NYSE:AYI) reported its Q4 results, with EPS of $3.95 coming in better than the Street estimate of $3.61. Revenue was $1.11...

Elon Musk Proceeds With Twitter Deal

After a Bloomberg report on Tuesday regarding Elon Musk's proceeding to acquire Twitter, Inc. (NYSE:TWTR), shares rose more than 22%. Later, it was confirmed...

OPEC+ will reduce daily oil production by 2 million barrels. Watch for rising oil prices.

In an effort to help the oil market rebound despite pressure from the United States to produce more, OPEC and non-OPEC partners decided to...

CoStar Group’s Upcoming Q3 Earnings Preview

RBC Capital analysts provided their outlook on CoStar Group, Inc. (NASDAQ:CSGP) ahead of upcoming Q3 results, and raised their price target to $85 from...

SMART Global Shares Down 7 percent on Q1 Guidance Miss

SMART Global Holdings, Inc. (NASDAQ:SGH) shares were trading more than 7% lower Wednesday afternoon following the company’s reported Q4 results and worse-than-expected guidance. EPS...

Medical Properties Trust Review by RBC Capital

Medical Properties Trust, Inc. (NYSE:MPW) price target was reduced to $18 from $20 at RBC Capital on lower estimates, which mainly reflect the Prime...

Methanex’s Price Target Lowered on Rising Recessionary Uncertainties

RBC Capital analysts lowered their price target on Methanex Corporation (NASDAQ:MEOH) to $50 from $55 on rising recessionary uncertainties. The analysts updated their financial forecast...

DigitalOcean Holdings’ Upcoming Q3 Earnings Preview

Oppenheimer analysts provided their outlook on DigitalOcean Holdings, Inc. (NYSE:DOCN) ahead of the upcoming Q3 earnings announcement, revisiting its estimates to account for Cloudways...

Microsoft Price Target Lowered to $275 at Oppenheimer

Oppenheimer lowered its price target on Microsoft Corporation (NASDAQ:MSFT) to $275 from $300, lowering its revenue and non-GAAP EPS estimates for 2023 and 2024...

In August, there were more than 1.1 million fewer job vacancies. President Biden takes credit for the Economic outlook

  Since President Joe Biden took office job growth has been vigorous and steady. Administration officials and Biden allies happily point to the job creation...

Crypto Currency Could Be a Threat to Jeopardizing U.S. Financial Stability

On Monday, the Financial Stability Oversight Council of the Treasury Department published a comprehensive study on digital assets. To prevent cryptocurrencies and digital asset...

  A second Twitter whistleblower might show up at the Elon Musk trial and reveal more revelations.

A second    Twitter whistleblower is considering testifying when Elon Musk confronts the company in court over his $44 billion acquisition bid later in...

Growth in US Manufacturing Slows  to Lowest Level Since 2020

U.S. manufacturing activity grew at its slowest pace in nearly 2-1/2 years in September as new orders contracted amid aggressive interest rate increases from...

New Gold Upgraded to Outperform at RBC Capital

RBC Capital upgraded New Gold Inc. (NYSE:NGD) to outperform from sector perform and raised its price target to $1.25 from $1 following a site...

Poshmark Shares Soar 13 percent on Naver Acquisition Announcement

Poshmark, Inc. (NASDAQ:POSH) shares were trading more than 13% higher Tuesday afternoon following the announcement, according to which the Korean internet giant Naver has...

Rite Aid Shares Plunge 28 percent Following Q2 Results

Rite Aid (NYSE: RAD) shares fell more than 28% last Thursday following the company’s reported Q2 results, with EPS of ($0.63) coming in worse...

Consolidated Edison Review Following CEB Sale Announcement

RBC Capital analysts provided their views on Consolidated Edison, Inc. (NYSE:ED), slightly raising their price target to $90 from $89, while reiterating their sector...

CF Industries Holdings Upgraded to Outperform at RBC Capital

RBC Capital analysts upgraded CF Industries Holdings, Inc. (NYSE:CF) to Outperform from Sector Perform and raised their price target to $135 from $110, noting...

Tesla Shares Plunge 8 percent on Q3 Delivery Miss

Tesla, Inc. (NASDAQ:TSLA) shares closed more than 8% lower on Monday following the company’s reported miss on Q3 deliveries. The analysts at Deutsche Bank provided...

Robert Kiyosaki Predicts U.S. Dollar Crash by January 2023

According to Robert Kiyosaki, the famous author of the best-selling book Rich Dad Poor Dad, the U.S. dollar will crash by January after the...

Intuit’s 2022 Investor Day Review

Oppenheimer analysts provided their views on Intuit Inc. (NASDAQ:INTU) following the company’s 2022 Investor Day, where it highlighted the refreshed "five Big Bets" introduced...

UK chancellor takes U-turn on tax cut plan day after PM Liz Truss admits mistakes on mini-budget

On Monday morning, in an embarrassing U-turn, new Prime Minister of the U.K. Liz Truss and her administration announced that it has abolished a...

Celebrity NBA legend Shaquille O’Neal wants to join billionaire Jeff Bezos to buy Phoenix Suns

Celebrity NBA legend Shaquille O'Neal recently said that he would like to join Jeff Bezos and buy the Phoenix Suns, which is up for...

Later this month, United Airlines will shut down operations at JFK airport.

United Airlines on Friday revealed that it will stop operating to New York's John F. Kennedy Airport (JFK) in late October, less than a...

Bed Bath & Beyond Reports Worse Than Expected Q2 Results

Bed Bath & Beyond (NASDAQ:BBBY) reported its Q2 results, with EPS of ($3.22) coming in worse than the Street estimate of ($1.80). Revenue was...

Vulcan Materials Investor Day Review

RBC Capital analysts provided their views on Vulcan Materials Company’s (NYSE:VMC) following the company’s Investor Day. The company rolled out an ambitious set of long-term...

What to Expect From Tesla’s Q3?

Deutsche Bank analysts provided their outlook on Tesla’s (NASDAQ:TSLA) upcoming report on Q3 deliveries and production figures. The analysts expect Q3 deliveries to be...

Micron Technology Q1 Outlook Significantly Worse Than Feared

Micron Technology, Inc. (NASDAQ:MU) reported its Q4 results, with EPS of $1.45 coming in better than the Street estimate of $1.41. Revenue was $6.64...

Celebrity billionaire philanthropist and Microsoft founder says greener lifestyles might not stop climate change

On Thursday, celebrated billionaire philanthropist Bill Gates addressed the issue of climate change, on a podcast where he said that asking people or expecting...

Warner Music Groups partners with OpenSea to expand into Web3 for WMG artists’ growth

Two global corporations announced a collaboration, on September 29, 2022. Warner Music Group (WMG) and OpenSea said that select artists of WMG will be...

U.S. fraud charges are brought against a New Jersey deli company claiming a $100 million dollar valuation

U.S. fraud charges are brought against a $100 million New Jersey deli company claiming a $100 million dollar valuation.  Federal prosecutors announced Monday that...

Jefferies Financial Group Reports Better Than Expected Q3 Results

Jefferies Financial Group (NYSE: JEF) reported its Q3 results, with revenue coming in at $1.52 billion, compared to the Street estimate of $1.35 billion. Quarterly...

The Duckhorn Portfolio Shares Drop 6 percent Following Q4 Results

The Duckhorn Portfolio, Inc. (NYSE: NAPA) shares dropped more than 6% on Thursday following the company’s reported Q4 results and conservative guidance. Q4 EPS came...

UK’s Chancellor faces heat as central bank steps in to buy bonds and deflect market risk

It has been three weeks since Prime Minister Liz Truss and Chancellor of the Exchequer Kwasi Kwarteng have assumed office and there are rumblings...

Allscripts Healthcare Solutions’ Investor Day Review

RBC Capital analysts provided their views on Allscripts Healthcare Solutions, Inc. (NASDAQ:MDRX) following the company’s virtual investor day. Given the company's H1/22 sale of its...

DocuSign Announces a 9 percent Workforce Reduction Plan

DocuSign, Inc. (NASDAQ:DOCU) announced a restructuring plan with a 9% workforce reduction, which equates to approximately 700 employees. Analysts at RBC Capital lowered their price...

Paychex Shares Down 3 percent Despite Q2 Beat & Raised Guidance

Paychex (NASDAQ:PAYX) shares were trading more than 3% lower Thursday afternoon despite the company’s reported Q2 results, with EPS of $1.03 coming in better...

Cintas Reports Q1 Beat, Raises 2023 Outlook

Cintas Corp. (NASDAQ:CTAS) reported its Q1 results, with EPS of $3.39 coming in better than the Street estimate of $3.11. Revenue was $2.17 billion,...

Avient Corporation Downgraded to Perform at Oppenheimer

Analysts at Oppenheimer provided their views on Avient Corporation (NYSE:AVNT) following the company’s pre-announced Q3 results, and downgraded the shares to perform from outperform...

Progress Software Reports Q3 Beat, Provides Guidance

Progress Software Corporation (NASDAQ:PRGS) reported its Q3 results, with an EPS of $1.00 coming in better than the Street estimate of $0.97. Revenue was...

Endava Shares Surge 6 percent Following Q4 Beat

Endava (NYSE:DAVA) shares were trading more than 6% higher Wednesday afternoon following the company’s reported Q4 results, with EPS of £0.51 coming in...

Rivian Automotive’s Q3 Preview

RBC Capital provided their Q3 outlook on Rivian Automotive, Inc. (NASDAQ:RIVN). Near-term encouraging activity gives the analysts more confidence in Q4/22 ramp, but they...

What to Expect From Clarivate’s Upcoming Q3 Results?

RBC Capital analysts provided their outlook on Clarivate (NYSE:CLVT) ahead of the upcoming Q3/22 earnings, trimming their H2/22 and fiscal 2023 estimates to account...

Biogen Shares Surge 40 percent on Positive lecanemab Data

Biogen Inc. (NASDAQ:BIIB) shares closed nearly 40% higher on Wednesday following the positive outcome of ph.III study of lecanemab in Alzheimer's disease, with highly...

It’s Time to Buy BioNTech Shares

Berenberg Bank analysts believe it’s time to buy BioNTech SE (NASDAQ:BNTX) shares, providing key takeaways from their hosted meetings with the company’s management at...

United Natural Foods Reports Q4 EPS Beat, While Revenues Slightly Miss, Shares Down 3 percent

United Natural Foods (NYSE:UNFI) shares dropped around 3% Wednesday morning following the company’s reported Q4 results. EPS of $1.27 came in better than the...

Watch: Celebrity RuPaul Drag Race Michelle Visage star in Virgin Atlantic campaign to promote non-gender based uniforms

Airline Virgin Atlantic has scrapped its earlier policy of gender based uniforms as a part of its drive to increase inclusivity. Crew such as...

Teladoc Health’s Price Target Lowered to $31 at Deutsche Bank

Deutsche Bank analysts provided their views on Teladoc Health, Inc. (NYSE:TDOC), lowering their price target to $31 from $34 while reiterating their Hold rating. The...
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