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Friday, March 29, 2024
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Business

Semtech Shares Jump 3 percent Following Q4 Results

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...

Target Stock Added to Fresh Money List at Deutsche Bank

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...

Lululemon Athletica Jumps 5 percent Following Q3 Earnings

Lululemon Athletica (NASDAQ:LULU) shares gained more than 5% on Friday after the company released its third-quarter earnings report, posting earnings per share (EPS) of...

Broadcom Reports Q4 Beat

Broadcom (NASDAQ:AVGO) announced its fourth-quarter earnings, with EPS at $11.06, surpassing analysts' expectations of $10.96. The company's revenue for the quarter was reported at...

Sprinklr Shares Plunge 33 percent on Disappointing 2025 Outlook

Shares of Sprinklr (NYSE:CXM) experienced a significant drop on Thursday, closing with more than a 33% loss, following the announcement of their third-quarter results. In...

The Success of Generative AI Could Rely on News Organizations and Journalism.

In the year since Open AI introduced ChatGPT to the world, almost 600 media organizations have blocked the technology from scraping their content. Two other...

California is the second most obsessed with viral cosmetic procedures- See the other states that top the list 

California is the second most obsessed with viral cosmetic procedures  The Brazilian butt lift (BBL) is social media's most viral cosmetic procedure, with TikTok...

Ciena Shares Rise on Q4 Beat

Shares of Ciena (NYSE:CIEN) experienced a 2% increase intra-day today after the company reported fourth-quarter results that surpassed expectations, attributed to strong performance from...

Chargepoint Gains 9 percent Despite Q3 Miss

ChargePoint Holdings (NYSE:CHPT) experienced a 9% rise in its stock price intra-day today, despite reporting a miss in its third-quarter earnings. Rivian's third-quarter revenue reached...

Rivian Shares Rise 2 percent After Stifel Initiates Coverage at Buy

Shares of Rivian (NASDAQ:RIVN), an electric vehicle manufacturer, saw a more than 2% increase intra-day today following initiation of coverage by Stifel with a...

Dollar General Beats Q3 Estimates

Dollar General (NYSE:DG) announced its third-quarter earnings that surpassed average analyst expectations. The company reported earnings per share (EPS) of $1.26 and revenue of $9.69...

C3.ai Shares Drop 11 percent on Weak Outlook

C3.ai (NYSE:AI), a provider of AI software solutions, reported mixed results for its fiscal second quarter. While the company's revenue fell short of estimates,...

Walmart CEO Doug McMillon says tough to predict consumer spending next year, mentions deflation

  Walmart CEO Doug McMillon said that consumers continue to shop at Walmart during the holiday season but also said that it was difficult to...

Ancestry data stolen by hackers – 6.9 million customers affected from 23andMe. What can they do with your DNA info?

Ancestry firm 23andMe (ME) reported that hackers gained access to the personal information of around 14,000 users, or 0.1% of all customers. The company...

Box Shares Drop 9 percent Following Q3 Results

Shares of Box (NYSE:BOX) experienced a 9% decline intra-day today following the release of their third-quarter results. The company reported earnings per share (EPS) of...

Yext Shares Drop 20 percent After Q3 Miss & Guidance Cut

Shares of Yext (NYSE:YEXT) experienced a significant drop of over 20% intra-day today. This decline came after the company reported third-quarter revenues that fell...

Ollie’s Bargain Outlet Gains 4 percent on Strong Q3 Earnings

Ollie's Bargain Outlet (NASDAQ:OLLI) experienced a 4% surge in its share prices intra-day today following a third-quarter performance that exceeded both earnings and revenue...

Campbell Soup Gains 7 percent Following Q1 Results

Shares of Campbell Soup (NYSE:CPB) grew more than 7% intra-day today following the release of their latest quarterly earnings, which exceeded profit expectations set...

SentinelOne Stock Jumps 18 percent Following Q3 Beat & Strong Outlook

Shares of SentinelOne (NYSE:S) experienced a significant 18% increase intra-day today following the announcement of their third-quarter results, which exceeded expectations. The company reported earnings...

G-III Apparel Group Reports Q3 EPS Beat

G-III Apparel Group (NASDAQ:GIII) announced its latest earnings, which exceeded profit expectations. For the third quarter, the company reported an earnings per share (EPS)...

Nio Stock Gains 5 percent Despite Earnings & Guidance Miss

Shares of the electric vehicle (EV) manufacturer NIO (NYSE:NIO) saw an increase of over 5% intra-day today following the announcement of its third-quarter results....

GitLab Stock Surges 15 percent After Q3 Beat & Strong Guidance

GitLab (NASDAQ:GTLB) saw its shares climb over 15% intra-day today following its impressive third-quarter results. The company reported an earnings per share (EPS) of...

Broadridge Financial’s Price Target Raised at Evercore ISI

Evercore ISI analysts increased their price target for Broadridge Financial Solutions (NYSE:BR) from $226.00 to $230.00, while maintaining their Outperform rating. The analysts anticipate...

CVS Health Gains 3 percent on Better Than Expected Outlook

CVS Health (NYSE:CVS) projected its 2024 revenue to surpass current market expectations, aiming for at least $366 billion compared to the Street's estimate of...

Kraft introduces vegan mac and cheese option in US, without dairy cheese

Kraft Heinz announced its newest mac and cheese option with a difference, on Wednesday. The new version is a vegan one and does not...

Hawaiian Shares Jump Following Alaska Air Acquisition Announcement

Shares of Hawaiian Holdings (NASDAQ:HA) surged by more than 188% intra-day today following the news that Alaska Air (NYSE:ALK) has proposed to buy the...

Piper Sandler Chooses Nvidia as its Top Large-Cap Pick

Piper Sandler's analysts maintained an Overweight rating on Nvidia (NASDAQ:NVDA) with a target price of $620 per share. Additionally, they selected NVDA as Piper...

Fisker’s Rating Slashed at Evercore ISI

Evercore revised its rating for Fisker (NYSE:FSR) from Outperform to In-Line and set a 12-month price target of $2.00 for the stock. This downgrade...

Ambarella Reports Better Than Expected Q3 Earnings

Ambarella (NASDAQ:AMBA) reported its Q3 earnings, with a loss of $0.28 per share, which was less than the anticipated $0.39 loss per share forecasted...

Spotify Shares Surge 9 percent on Job Cut Announcement

Spotify (NYSE:SPOT) experienced a more than 9% increase in its share price intra-day today following the announcement of a significant workforce reduction. CEO Daniel...

Walmart is set to construct a brand-new milk processing plant

In order to facilitate "seamless" material movement and enhance uptime, Walmart will use a Swisslog automation solution at their new factory in Valdosta, Georgia,...

GE Appliances recalls Recalls Electric Cooktops Due to Burn Hazard

Knob-control electric radiant cooktops, model GE JP3030 from GE have been recalled. GE appliances is owned by Haier. The cooktop’s burners can remain on after...

Candy Maker Mars Accused of Using Child Labor

According to a CBS News investigation, the candy maker Mars, Inc. continues to use cocoa that has been picked in Africa by child laborers,...

Yara Eyde is the first cargo ship that produces nearly zero planet-heating pollution. Ready to set sail in 2026

To create the first container ship in history to run on clean ammonia, Yara Clean Ammonia, North Sea Container Line, and Yara International team...

Walmart to debut RomCom ad series on social media, web fans eagerly await

  Walmart, the nation's largest retailer, is well known not only for its affordable prices but also for its innovations in marketing. The newest one...

The top egg producers and two industry groups must pay $17.7 million in damages to Kraft, Kellogg, Nestle, and General Mills for leading a...

A jury's decision to pay four food businesses $17.7 in damages on Friday marked the tentative end of a 12-year-old federal antitrust case against...

Elon Musk says ‘Go f***k yourself’ to advertisers leaving his social media platform X

Elon Musk unleashed a string of profanities against advertisers who left his social media platform X, formerly known as Twitter. In a summit in...

Spotify Slashed to Neutral at Citi

Citi analysts downgraded Spotify (NYSE:SPOT) from Buy to Neutral, maintaining a $190 price target in a recent report. The analysts commended Spotify's strategy and...

UiPath Shares Surge 24 percent Following Q3 Beat

Shares of UiPath (NYSE:PATH) saw a significant rise of over 24% intra-day today following the announcement of their third-quarter earnings, which exceeded expectations. The...

Elastic Stock Jumps 31 percent Following Q2 Beat & Raise

Shares of Elastic N.V. (NYSE:ESTC) experienced a significant jump of over 31% intra-day today following the announcement of their second-quarter results, which exceeded market...

Big Lots Shares Jump After Q3 Report

Shares of Big Lots (NYSE:BIG) experienced a notable surge of around 10% on Thursday, with a further surge of 11% intra-day today, following the...

Boeing’s Price Target Raised at Baird

Baird analysts increased their price target for Boeing (NYSE:BA) to $300.00, up from the previous $250.00, while maintaining an Outperform rating. This adjustment follows...

FTC makes Fortnite’s developer, Epic Games, pay $245 million to resolve claims

Fortnite's developer, Epic Games, has agreed to pay $245 million to resolve claims made by the Federal Trade Commission about in-game purchases. The business...

The company that owns TikTok, ByteDance, prepares for hundreds of layoffs as it slashes gaming unit Nuverse

  The Chinese digital behemoth ByteDance, which created TikTok, is stepping back from the video game industry, which will lead to the loss of hundreds...

Five Below Posts Q3 Beat & In-Line Guidance

Five Below (NASDAQ:FIVE) announced its third-quarter earnings, reporting an earnings per share (EPS) of $0.26, which surpassed the Street estimate of $0.23. The company...

Nutanix Gains 4 percent Following Q1 Earnings Beat

Nutanix (NASDAQ:NTNX) announced its first fiscal quarter earnings, surpassing analyst predictions and leading to an upward revision of its future guidance. Shares surged more...

Kroger’s Q3 Earnings Review

Kroger (NYSE:KR) revised its sales growth forecast, citing current economic pressures and a decrease in food-at-home inflation as the holiday season approaches. The company now...

Pure Storage Drops 13 percent on Disappointing Outlook

Pure Storage (NYSE:PSTG) released its third-quarter financial results, surpassing expectations with an earnings per share (EPS) of $0.50, which is higher than the consensus...

Snowflake Stock Surges 5 percent After Q3 Beat

Snowflake (NYSE:SNOW) saw its shares rise over 5% intra-day today following the announcement of its third-quarter results. The company reported an earnings per share (EPS)...

JP Morgan CEO Jamie Dimon issues dire warning about a recession and leaving China if necessary

JP Morgan CEO Jamie Dimon issues a dire warning about a recession and leaving China if necessary. He also issued a warning, stating that the...
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