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Business

Netflix Price Target Raised to $713 by BMO Capital Analyst Brian Pitz

Brian Pitz of BMO Capital Raises Netflix Price Target Brian Pitz of BMO Capital has recently updated the price target for Netflix (NFLX:NASDAQ) to $713,...

VinFast Auto Stock Plunges 11 percent After Q1 Earnings

VinFast Auto (NASDAQ:VFS) shares dropped more than 11% intra-day today following the announcement of first-quarter results that did not meet analyst expectations. The electric...

C3.ai Jumps 23 percent on Q3 Beat & Strong Guidance

C3.ai (NYSE:AI) experienced a notable surge in its stock price of over 23% intra-day Thursday after reporting fiscal third-quarter results that exceeded expectations and...

Birkenstock Reports Q1 Beat, But Shares Drop 6 percent

Birkenstock Holding (NYSE:BIRK) reported fiscal first-quarter revenue and adjusted EBITDA that exceeded expectations, affirming its 2024 forecast. However, the company’s shares dropped more than...

Pure Storage Jumps 22 percent Following Strong Q4 Results

Pure Storage (NYSE:PSTG) shares climbed 22% intra-day today, following the announcement of strong fourth-quarter results and optimistic guidance. The company outperformed expectations with a...

Apple to stop working on electric car after ten years, team shifts to generative AI

Apple Inc. has been working on Project Titan for about a decade. This secret project, whose progress or lack of progress has been leaked...

Evercore Sees 25 percent Upside For Seagate Stock

Evercore ISI initiated coverage on Seagate Technology Holdings (NASDAQ:STX), assigning it an Outperform rating and setting a price target of $110 on the stock....

MicroStrategy Started With Buy Rating at Benchmark, Shares Surge

Benchmark began coverage of MicroStrategy (NASDAQ:MSTR) with a Buy rating and a price target of $990 on the stock. Currently, the company’s shares are...

Workday Shares Fall Despite Q4 Beat

Workday (NASDAQ:WDAY) disclosed yesterday that it surpassed fourth-quarter earnings expectations and acquired HiredScore, enhancing its artificial intelligence capabilities. Following the earnings report, Workday saw...

Zoom Stock Soars 6 percent Following Strong Q4 Results

Zoom Video Communications (NASDAQ:ZM) shares gained more than 6% intra-day today after the company announced fourth-quarter earnings that surpassed analyst predictions, driven by strong...

Lowe’s Shares Gain 3 percent After Q4 Beat

Lowe's (NYSE:LOW) shares rose more than 3% intra-day on Tuesday after the company announced fourth-quarter revenue that exceeded analysts' expectations, despite a downturn in...

Ark Invest CEO Cathie Wood Says They Continue Taking Profits in NVIDIA

Ark Invest CEO Cathie Wood disclosed via a tweet today that her firm is consistently capitalizing on gains from NVIDIA (NASDAQ:NVDA), amidst a booming...

Alcoa to Acquire Alumina for $2.2B in an All-Stock Deal

Alcoa Corp (NYSE:AA) announced a proposal on Sunday to acquire Australian aluminum producer Alumina Ltd (ASX:AWC) in an all-stock deal valued at $2.2 billion,...

Walmart’s Outperform Rating Maintained at Evercore ISI

Evercore ISI analysts adjusted their price target for Walmart (NYSE:WMT) to $65.00 from the previous $182.00 following the company’s 3-for-1 stock split. The analysts...

Rivian Automotive Slashed to Hold at Truist Securities

Truist Securities analysts revised Rivian Automotive's (NASDAQ:RIVN) rating from Buy to Hold while cutting their price target to $11.00 from $26.00. The analysts pointed...

Arm Holdings Price Target Hiked at Rosenblatt, Shares Surge

Rosenblatt analysts adjusted their price target for Arm Holdings (NASDAQ:ARM) upwards to $180.00 from $140.00, continuing to recommend a Buy rating. Currently, Arm shares...

Get free wings from Buffalo Wild Wings, giveaway available dine-in, in person takeout

Buffalo Wild Wings is fulfilling its promise to give everyone free wings in the US. The restaurant had announced that it would offer free...

Warner Bros Discovery misses Q4 revenue, profit estimates, share fall 10 percent

Warner Bros. Discovery announced fourth-quarter results, and its earnings, including revenue and profit, missed analysts' estimates. Although Chief Executive Officer David Zaslav told investors...

Vice Media to stop publishing content on website, to slash hundreds of jobs

Vice Media Group was once an award-winning website but could not regain its former glory after it emerged from bankruptcy. The chief executive sent...

Warner Bros. Discovery Shares Plunge 13 percent on Q4 Miss

Warner Bros. Discovery (NASDAQ:WBD) announced its fourth-quarter results that fell short of the average forecasts by analysts. Following the announcement, the company’s shares dropped...

MercadoLibre Stock Drops 12 percent Following Q4 Earnings Announcement

MercadoLibre (NASDAQ:MELI) shares dropped more than 12% intra-day today after the company announced its fourth-quarter financial results. For the quarter, the company achieved an earnings...

Bloomin’ Brands Post Q4 EPS Beat, But Revenues Miss

Bloomin' Brands (NASDAQ:BLMN) unveiled its fourth-quarter results, surpassing Wall Street predictions in earnings but not in revenue, coupled with guidance for the first quarter...

Carvana Surges 33 percent on Strong Outlook, Despite Q4 Miss

Carvana (NYSE:CVNA) shares jumped more than 33% intra-day today after the company provided better-than-expected guidance, despite its fourth-quarter results missing Wall Street estimates. Q4 EPS...

Block Stock Jumps 17 percent on Guidance Raise

Block (NYSE:SQ) updated its full-year forecast upwards following a fourth-quarter earnings report that surpassed expectations, driven by successful monetization strategies for its Cash App...

Etsy’s Stock Drops 8 percent Following Q4 EPS Miss

Etsy (NASDAQ:ETSY) saw its shares decline by more than 8% pre-market today, following the release of its fourth-quarter earnings which did not meet the...

Five9 Reports Q4 Beat, But Shares Plunge 11 percent on Mixed Guidance

Five9 (NASDAQ:FIVN) experienced a decline of over 11% in its share price intra-day today, as the company's current quarter revenue outlook did not meet...

Enerplus Shares Jump 10 percent on Chord Energy’s Acquisition Announcement

Chord Energy (NASDAQ:CHRD) disclosed on Wednesday its intention to acquire Canadian energy company Enerplus (NYSE:ERF), marking a significant move that will form a new...

YPF Raised to Buy at UBS, Shares Gain 8 percent

UBS analysts upgraded YPF (NYSE:YPF) to Buy rating from Neutral and increased their price target to $27 from $18. As a consequence, the company’s...

Nvidia Stock Jumps 15 percent After Strong Quarterly Beat & Outlook

Nvidia (NASDAQ:NVDA) unveiled its fiscal fourth-quarter earnings, outperforming expectations with guidance and results bolstered by a significant increase in demand for its chips, driven...

Amazon to join Dow Jones Industrial Average, will replace Walgreens Boots after Walmart split

Amazon is finally set to join the Dow Jones Industrial Average next week. The move comes weeks after Walmart announced its three-to-one stock split....

SolarEdge Plunges 17 percent Following Q4 Miss

SolarEdge Technologies (NASDAQ:SEDG) experienced a significant 17% drop in its share price during premarket trading Wednesday. This decline came in the wake of the...

Palo Alto Networks Downgraded at Rosenblatt

Rosenblatt downgraded Palo Alto Networks (NASDAQ:PANW) from Buy to Neutral, adjusting the price target from $290.00 to $265.00. This decision follows the company's 20%...

Masonite International’s Rating Slashed at Stifel

Following Masonite International (NYSE:DOOR) fourth-quarter earnings release, Stifel analysts downgraded the company from Buy to Hold, while raising the price target to $133.00 from...

Teladoc Health Stock Drops 24 percent on Guidance Miss

Shares of Teladoc Health (NYSE:TDOC) fell over 24% intra-day today as the company's fiscal Q4 revenue and Q1 2024 guidance disappointed investors. Despite reporting...

Wendy’s Hit With A Downgrade at JPMorgan

Wendy's (NASDAQ:WEN) received a downgrade to Neutral from Overweight by JPMorgan, with the price target adjusted to $19 from $22. the analysts cited increasing...

Apple to face first fine from EU, will pay $539 million as penalty for music streaming, report says

Apple will face a fine of roughly $539 million from the European Union early next month. The giant tech company will pay a penalty...

Surgery Partners’ Buy Rating Maintained at Citi Ahead of Q4 Earnings

Citi analysts maintained their Buy rating and a price target of $43.00 on Surgery Partners (NASDAQ:SGRY) ahead of the company’s upcoming fourth-quarter 2023 results,...

Coinbase Global’s Price Target Raised to $250 Following Q4 Beat

H.C. Wainwright analysts increased their price target for Coinbase Global (NASDAQ:COIN) to $250 from $115, while continuing to recommend a Buy rating. The analysts highlighted...

Medtronic Shares Climb Following Q3 Beat

Shares of Medtronic (NYSE:MDT) climbed more than 3% pre-market today following the announcement of third-quarter results that exceeded analyst expectations, prompting the company to...

Home Depot Falls on Weak Guidance

Home Depot (NYSE:HD) unveiled its fourth-quarter earnings, posting an EPS of $2.82, which surpassed the analysts' prediction of $2.77. The company's quarterly revenue was...

Discover Financial Stock Surges 14 percent on Capital One’s Acquisition

Capital One Financial Corporation (NYSE:COF) and Discover Financial Services (NYSE: DFS) have officially announced their agreement for Capital One to acquire Discover through an...

Watch: Alphabet launches new AI Gemini Pro 1.5, Google DeepMind developed the new model

Alphabet released an upgrade Gemini Pro 1.5 two months after launching its AI Gemini Ultra. Although it is a smaller model, Google DeepMind, which...

Watch: Walmart posts Q4 results, exceeds analysts estimates, share price rises eight percent

Walmart has posted excellent results in the last quarter of the year. Although the giant retailer was expecting a good holiday quarter, the sales...

Wayfair Earns an Upgrade at Raymond James

Raymond James analysts upgraded Wayfair (NYSE:W) to Strong Buy from Market Perform, setting a price target of $65 for the stock. The analysts conveyed...

UPS Gains Following Baird Upgrade

Baird analysts raised their rating on UPS (NYSE:UPS) from Neutral to Outperform, pointing to a favorable risk/reward ratio and the expectation that the current...

Loop Capital Starts Coverage of Nvidia, Expects Stock to Hit $1,200

Loop Capital started covering Nvidia (NASDAQ:NVDA) stock, assigning a Buy rating and a price target of $1,200, the highest among current Wall Street predictions. Loop...

Walmart President’s Day sale offers major price drop up to 80 percent on jewelry, electronics

Walmart's President's Day sale is live, and the giant retailer is offering significant price drops in several categories, such as jewelry, TVs, electronics, home...

True Religion exploring sale after maximalist Y2K era style jeans brand reemerges, report says

True Religion, a jeans maker founded during the Y2K era, has seen growth in the past year after emerging from two bankruptcies. According to...

Starbucks opens new cafe with accessible design, inclusive store caters for customers, employees with disabilities

Starbucks opened an inclusive store for customers and employees with disabilities. The new cafe has an accessible design, ambient lights and sound, and lower...

Yelp Shares Fall 10 percent on Weak Outlook

Yelp (NYSE:YELP) disclosed its financial performance for the fourth quarter, delivering a mix of results with revenue slightly beating analyst predictions but earnings per...
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