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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...

Carnival Stock Drops 10 percent After Q2 Earnings

Carnival (NYSE:CCL) shares plunged more than 10% intra-day today after the company reported its Q2 earnings. Q2 EPS of ($0.31) came in better than the...

Starbucks Workers Across US Stores To Stage Strike Over Pride Month Decoration Ban

Thousands of Starbucks (SBUX) workers in the United States are preparing to go on strike over the next week, following allegations that the company...

Amazon Makes a Whopping $100 Million Investment in AI Center

In a ground-breaking step, Amazon (AMZN), a global technological behemoth, announced a $100 million investment in the creation of an AI center. This tactical...

How to Find the Cheapest Deals on Hotels. Ask Groupon.

Although organizing a vacation can be a fun adventure, it's no secret that lodging expenses can quickly deplete your travel budget. Fortunately, there are...

3M announced it will pay up to $12.5 billion in forever chemicals litigation

3M (MMM) announced it will pay up to $12.5 billion in forever chemicals litigation. To resolve legal claims relating to its firefighting foam containing...

Walmart Plus Week to launch in July, to compete with Amazon Prime, Best Buy, Target

Walmart Plus—the paid subscription membership of the giant retailer always offers its customers good deals and so does Walmart. Soon, these deals are going...

Apogee Enterprises Stock Jumps 8 percent After Q1 Beat & Raised Guidance

Apogee Enterprises (NASDAQ:APOG) share surged more than 8% intra-day today after the company reported its Q1 earnings results, with EPS of $1.05 coming in...

Uber’s Price Target Raised at Barclays

Following a 75% year-to-date surge in Uber (NYSE:UBER) stock, Barclays analysts raised their price target on the company's shares to $57 from $45. The analysts...

Apple’s Price Target Raised to $225 From $210

Tigress Financial Partners analysts raised their price target on Apple (NASDAQ:AAPL) to $225.00 previously $210.00 while maintaining a Strong Buy rating. According to the...

CarMax Shares Surge 10 percent Following Q1 Beat

CarMax (NYSE:KMX) shares jumped more than 10% intra-day today after the company posted its Q1 results, with EPS of $1.44 coming in significantly above...

Coinbase Wins Ruling in Supreme Court Over Arbitration Clause Halting Lawsuits When Pursuing Appeals

The Decision of the Supreme Court: The Supreme Court decision confirms Coinbase's (COIN) status as an intermediary platform and makes clear its obligations with...

Dow Slashed to Underperform at BofA Securities

BofA Securities analysts downgraded Dow (NYSE:DOW) to Underperform from Neutral and lowered their price target on the stock to $55.00 from $64.00. They stated...

Kellogg Earns an Upgrade at Bernstein

Bernstein analysts upgraded Kellogg (NYSE:K) to Market Perform from Underperform, maintaining their $62 price target. The analysts find the stock's valuation "seriously attractive," trading...

Target’s Stock is a Notable Buying Opportunity, Says Goldman Sachs

Goldman Sachs analysts consider the recent pullback in Target (NYSE:TGT) stock as a notable buying opportunity. The firm raised its price target to $185...

Chemours Stock Falls 2 percent on BofA’s Downgrade

Chemours (NYSE:CC) shares fell around 2% intra-day today after BofA Securities analysts downgraded the company to Neutral from Buy and reduced their price target...

Fastly’s Analyst Day Takeaways

RBC Capital analysts provided their key takeaways from Fastly (NYSE:FSLY) Analyst Day, where management provided 2026 targets implying accelerating revenue growth and a significant...

Accenture Reports Better Than Expected Q3 Earnings

Accenture (NYSE:ACN) reported its Q3 earnings results yesterday, with EPS of $3.19 coming in better than the Street estimate of $3.01. Revenue was $16.6...

Overstock to buy Bed Bath & Beyond for $21.5 million at bankruptcy-run auction

  Bed Bath & Beyond (BBBY) will live beyond its bankruptcy filing, as its popular brand might become a digital asset. During a bankruptcy auction...

Steelcase Beats Q1 EPS & Revenue Estimates

Steelcase (NYSE:SCS) released its Q1 earnings report yesterday, surpassing expectations. The company reported an EPS of $0.09, above the Street estimate of $0.01. Revenue...

Applied Optoelectronics Shares Jump 12 percent on Partnership With Microsoft

Shares of Applied Optoelectronics (NASDAQ:AAOI) surged more than 12% pre-market today following the company's announcement of a new agreement with Microsoft (NASDAQ:MSFT). Under the...

Rivian Automotive’s Price Target Cut at Mizuho

Mizuho analysts reaffirmed a Buy rating on Rivian Automotive (NASDAQ:RIVN) but lowered their price target to $27.00 from $30.00. The company is focusing on...

Adobe Earns an Upgrade on AI Potential

BMO Capital analysts upgraded Adobe (NASDAQ:ADBE) to Outperform from Market Perform and increased their price target to $570.00 from $500.00, noting it believes the...

Winnebago Industries Report Q3 Revenue Miss, Stock Drops 3 percent

Winnebago Industries (NYSE:WGO) experienced disappointing sales during its fiscal third quarter, causing its stock to drop over 3% intra-day today. Although the company's adjusted earnings...

Citi Cuts MarketAxess’ Price Target, Shares Fall

Citi analysts reduced their price target on MarketAxess (NASDAQ:MKTX) to $330.00 from $415.00 while maintaining a Buy rating. The analysts also initiated a 30-day...

Uber’s Price Target Raised at Oppenheimer

Oppenheimer analysts raised their price target on Uber Inc. (NYSE:UBER) to $65.00 from $55.00 while reiterating their Outperform rating. Its confidence in Uber's consumer...

Peloton Stock Drops 9 percent on Downgrade

Peloton (NASDAQ:PTON) shares plunged more than 9% intra-day today after Wolfe Research downgraded the company to Underperform from Peer Perform with a price target...

NaaS Technology Reports Q1 Earnings, Provides Weak Outlook

NaaS Technology Inc. (NASDAQ:NAAS) reported its Q1 earnings results on Friday, with EPS coming in at ($0.47) and revenue at $36.16 million. In the first...

AutoZone Earns an Upgrade at UBS

UBS analysts upgraded AutoZone (NYSE:AZO) stock from Neutral to Buy and raised their price target from $2,800 to $2,900, noting that the current valuation...

RBC Capital Cuts Price Target on Nike Ahead of Q4 Earnings

RBC Capital analysts lowered Nike's (NYSE:NKE) price target from $145 to $138 per share while keeping their Outperform rating, ahead of the company's Q4/23...

Delta Air Lines Started at Citi, Shares are Expected to Outperform Near-Term

Citi analysts initiated a 30-day Positive Catalyst Watch on Delta Air Lines (NYSE:AL) due to their belief that the stock, which holds a Buy...

Baidu Upgraded to Overweight on AI Opportunities

Morgan Stanley analysts upgraded Baidu (NASDAQ:BIDU) shares to Overweight from Equalweight and raised their price target to $190 from $160, noting that the company...

AT&T CFO cites weak new customer trends

AT&T (NYSE:T) experienced a slight decline of more than 1% intra-day today following statements made by the company's CFO, Pascal Descroches, suggesting that AT&T...

Olin Stock Drops 6 percent Following Revised Outlook

Olin (NYSE:OLN) shares dropped around 6% intra-day today as the company revised its second-quarter outlook. The chemical products manufacturer lowered its adjusted EBITDA range...

Hackers warn that if the corporation doesn’t pay US$4.5 million, they will release stolen Reddit data.

According to a post on the dark web from the BlackCat ransomware gang, also known as ALPHV, which was examined by CNN and a...

Celebrity Shark Tank Star Mark Cuban Calls Out Celebrity Joe Rogan and Billionaire Elon Musk in Online Vaccine Debate

Billionaire entrepreneur Mark Cuban, known for his role on Shark Tank and as the owner of the Dallas Mavericks, was in the midst of...

Bad News for Electric Vehicle Affordability According to AAA Study

According to recent AAA research, the annual cost of owning a new compact electric vehicle is just marginally higher than that of a gas-powered...

Microsoft Reports Recent Early June Disruptions to Outlook, Cloud Platform Were Cyberattacks

Early in June, Microsoft's premier office suite, which includes the file-sharing programs OneDrive and Outlook email, experienced periodic but significant service interruptions. Microsoft (MSFT), one...

What are the discounts and freebies that Tesla is offering on select EVs till June

Tesla Inc., remains the leading electric vehicle manufacturer and seller in the U.S. Its EVs are very much in demand, and it has expanded...

How did Bud Light Lose Its Top-Selling Beer Title to Mexican Beer Brand Modelo Especial

In a surprising turn of events, a pilsner-style lager Modelo Especial has overtaken light lager beer Bud Light as the best-selling beer in the...

What did billionaires Elon Musk and Bernard Arnault discuss when they met in Paris?

Tesla Motors Inc. (TSLA) and LVMH CEOs (LVMHF), who are the world's richest person—Elon Musk and the world’s second richest person—Bernard Arnault met at...

Celebrity Tony Bowler of LIV Golf Sued by Teen for Alleged Assault By Minors at Alcohol-Fueled Pool Party

Celebrity Australian golf legend Greg Norman, who currently leads the Saudi-owned LIV Golf tour, and his wife, Kirsten Kutner, are facing a lawsuit filed...

Teamsters Poised to Authorize UPS Strike in Response to Labor Dispute

The Teamsters, one of the largest labor unions in the United States, are inching closer to authorizing a strike against the package delivery giant...

Kimball Electronics Started at Overweight Rating

Cantor Fitzgerald started coverage on Kimball Electronics (NASDAQ:KE) with an Overweight rating and price target of $34.00. According to the analysts, the company's automotive...

Adobe Systems Shares Rose 2 percent After Q2 Beat

Adobe Systems (NASDAQ:ADBE) shares gained more than 2% intra-day today after the company reported its Q2 earnings results, with EPS of $3.91 coming in...

Virgin Galactic Stock Jumps 47 percent on Commercial Space Tourism Flight Announcement

Virgin Galactic Holdings Inc (NYSE:SPCE) shares jumped more than 47% intra-day today after the announcement of its upcoming launch of a commercial space tourism...

Jabil Stock Surges 5 percent Following Q3 Beat

Jabil (NYSE:JBL) gained nearly 5% yesterday after the company reported its Q3 earnings results, with EPS of $1.99 coming in above the Street estimate...

AI Generative Software Propels Larry Ellison to Third Richest Person In The World, Overtaking Jeff Bezos, Bill Gates

On Wednesday, Oracle co-founder (ORCL), former CTO and major stockholder of the tech company—Larry Ellison became the third richest person in the world, for...

Lending Club Started With Buy Rating

Jefferies initiated coverage on Lending Club (NYSE:LC) with a Buy rating and a price target of $13.50, noting that the company is a pioneer...
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