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AI Replacing Analysts? Zeta Global CEO Thinks Wall Street Will See 'A Lot Of Jobs Destroyed, But A Lot Of Jobs Created'
Tuesday, May 7, 2024 - 10:32am | 668David A Steinberg, CEO of Zeta Global, anticipates a significant shift in Wall Street jobs due to the influence of artificial intelligence (AI). What Happened: Steinberg shared his views on the future of Wall Street jobs while talking to Brian Sullivan during CNBC’s “Last Call”...
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Just In Time For GTA 6? Sony Will 'Likely" Launch PS5 Pro In 2024, Analysts Predict
Tuesday, February 20, 2024 - 1:52pm | 443Sony Group Corp. (NYSE: SONY) is "likely" to release a PlayStation 5 Pro later in 2024, following a reduction in sales forecast for the flagship console. Analysts told CNBC this move is aimed at rejuvenating interest in the PlayStation 5 and providing an upgraded hardware option...
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Nintendo Switch 2 Prospects: Can It Outshine The Original, Analysts Ask
Thursday, February 1, 2024 - 7:38pm | 374A recent report highlighted the uncertain future of Nintendo ADR's (OTC: NTDOY) flagship console line, the anticipated Switch 2. Recently, analysts examined the potential successor to the highly successful Nintendo Switch, and expressed skepticism about whether the new console would be as...
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Could META Hit $300? Analysts See Meta Platforms As A Multi-Year AI Play With Strong Growth In Sight
Thursday, April 27, 2023 - 4:47pm | 356Bank of America Securities turned increasingly bullish on Meta Platforms, Inc. (NASDAQ: META), anticipating AI to deliver stronger profitability and revenues in the coming years, after the company posted better-than-expected results last quarter. BofA research analysts Justin Post and Nitil...
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BofA Sees 20% Downside In EU Stocks As Markets Realign With Reality And Analysts Turn Bearish Citing Recession Risks
Friday, April 21, 2023 - 9:21am | 526Bank of America analysts reiterated a markedly bearish stance on the fate of European equities, predicting a decline of at least 20% by the end of the year for the Euro Stoxx 600 index amid a deteriorating macro outlook. European stocks, which are broadly tracked by the iShares MSCI Eurozone...
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Analysts Warn Of Q3 Slowdown In Robinhood's Doge-Reliant Growth
Saturday, August 21, 2021 - 11:16am | 460Financial analysts are anticipating a significant Q3 slowdown for Robinhood Markets Inc (NASDAQ: HOOD) amid the company’s disclosure about crypto’s contribution to its second-quarter financial earnings. What Happened: In an investor note, Wolfe Research’s...
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Cramer Offers Tips On When To Sell A Hot Stock
Friday, June 30, 2017 - 2:10pm | 396When should investors part ways with a hot performing stock in their portfolio? According to CNBC's Jim Cramer, the answer is when Wall Street analysts start loving the stock as well. It might sound confusing at first, but once low market cap and highly speculative stocks soar in value Wall Street...
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How Wall Street Is Using Estimize
Wednesday, December 3, 2014 - 10:09am | 891The first customers of Estimize were large quantitative hedge funds. But the data from the crowd-sourced analytics provider is now being requested by discretionary traders, analysts, portfolio managers, bankers, investor relations departments and even corporations, according to founder and...
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The Top 25 Analysts On Wall Street
Thursday, November 13, 2014 - 11:47am | 2756Who's the top analyst on Wall Street? TipRanks might have the answer. The data analytics company, which tracks analyst performance based on the action on their stock calls, recently ranked the best 25. 1. Gene Munster Piper Jaffray 161 out of 228 Successful Ratings (71 percent)...
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Why Has Wall Street Punished Johnson & Johnson For Its Earnings Beat?
Friday, July 18, 2014 - 4:12pm | 6039The fickle finger of Wall Street has been unkind to the shares of Johnson & Johnson (NYSE: JNJ) this week, despite an earnings beat. Not only did the company beat EPS expectations by $0.12, ($1.66 vs.1.54), it exceeded revenues ($19.50 billion vs. $18.86 billion), improved sales by nine...
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Fluor Corp ( FLR:NYSE )
Sunday, February 28, 2010 - 1:46pm | 239The shares of Fluor Corp ( FLR:NYSE ) gapped down on 2252010 after fourth-quarter profit fell short of analyst expectations, and the Company cut its guidance for 2010 stating that orders remain weak and they expect delays in large projects . That news helped reinforce the direction of the...