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'Trump-Elon Trade' Lifts Space Stocks Higher
Wednesday, November 20, 2024 - 1:31pm | 630Several pure-play space stocks, including RocketLab USA, Inc. (NASDAQ:RKLB) and Intuitive Machines, Inc. (NASDAQ:LUNR) have rallied significantly following the 2024 presidential election. Analysts attribute this surge to a “Trump-Elon trade,” reflecting the blossoming relationship...
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Applied Materials Reports Solid Q4 Beat, Analysts Express Concern Around High Exposure To China Spending Decline
Friday, November 15, 2024 - 1:59pm | 1040Applied Materials, Inc. (NASDAQ:AMAT) shares tanked in morning trading on Friday, even after the company reported upbeat fiscal fourth-quarter earnings. The company reported its results amid an exciting earnings season. Here are some key analyst takeaways. Needham On Applied Materials Analyst...
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Qualcomm Reports Q4 Beat, Analysts Divided Over Prospects Of The Handset Market
Thursday, November 7, 2024 - 2:31pm | 856Shares of Qualcomm Inc (NASDAQ:QCOM) remained volatile in early trading on Thursday, after the company reported upbeat fiscal fourth-quarter results. The company reported its results amid an exciting earnings season. Here are some key analyst takeaways. Cantor Fitzgerald analyst C.J. Muse...
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Lyft's Bookings Guidance Bests Uber, Analyst Says: 'Better Than Feared'
Thursday, November 7, 2024 - 12:42pm | 1179Shares of Lyft Inc (NASDAQ:LYFT) were climbing in early trading on Thursday, after the company reported upbeat third-quarter results. The company reported its results amid an exciting earnings season. Here are some key analyst takeaways. Cantor Fitzgerald analyst Deepak Mathivanan maintained a...
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Qualcomm Q4 Earnings Preview: Analysts Expect Beat And Raise; Smartphone Demand, Lost Apple Revenue Bring Cautious Outlook
Tuesday, November 5, 2024 - 5:59pm | 673Technology company Qualcomm Inc (NASDAQ:QCOM) could highlight its diversifying revenue and lowered reliance on the smartphone market when the company reports fourth-quarter financial results Wednesday after market close. Earnings Estimates: Analysts expect Qualcomm to report fourth-quarter revenue...
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AMD Stock Drops On Q4 Outlook As 10 Analysts Highlight 'Long-Term AI Growth Opportunity,' Nvidia Rivalry
Wednesday, October 30, 2024 - 3:26pm | 1225Advanced Micro Devices Inc (NASDAQ:AMD) analysts make a case for the company to gain market share in several sectors as it works to compete against NVIDIA Corp (NASDAQ:NVDA) and grow its AI business, as evidenced in third-quarter results. The AMD Analysts: KeyBanc analyst John Vinh reiterated an...
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Snap Stock Soars After Q3 Earnings Beat: Analysts Optimistic But Say 'Challenges Remain'
Wednesday, October 30, 2024 - 2:39pm | 1686Snap Inc (NYSE:SNAP) shares climbed on Wednesday after the company reported upbeat third-quarter results. The company reported its results amid an exciting earnings season. Here are some key analyst takeaways. Cantor Fitzgerald On Snap Analyst Deepak Mathivanan maintained a Neutral rating while...
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Alphabet 'At The Forefront Of The AI Race': Analysts See Attractive Valuation; Highlight Cloud, YouTube, Search Results
Wednesday, October 30, 2024 - 2:25pm | 1495Alphabet Inc (NASDAQ:GOOG)(NASDAQ:GOOGL) is viewed favorably by analysts after showing strength in cloud, search and YouTube segments and spending on AI initiatives paying off, after the company reported third-quarter financial results Tuesday. The Alphabet Analysts: BMO Capital analyst Brian Pitz...
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HIVE Pushes Hash Rate Higher, Sharpens Focus On AI
Tuesday, October 29, 2024 - 11:40am | 326Shares of HIVE Digital Technologies Ltd (NASDAQ:HIVE) have lost around 2% year to date. The company is among the top 10 miners and the market seems to be "under-appreciating the coming hash rate growth inflection," according to Cantor Fitzgerald. Analyst Brett Knoblauch initiated coverage of HIVE...
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Western Digital Shares Jump Despite Revenue Miss, Ready To Spin Off NAND Business: Q4 Guidance 'Much Better Than Feared,' Analyst Says
Friday, October 25, 2024 - 11:31am | 580Shares of Western Digital Corp (NASDAQ:WDC) were spiking in early trading on Friday, after the company reported upbeat fiscal first-quarter earnings. The company reported its results amid an exciting earnings season. Here are some key analyst takeaways. Cantor Fitzgerald analyst C.J. Muse...
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Tesla Q3 'An Unexpectedly Good Quarter': 10 Analysts On Earnings, Margins, FSD, Robotaxis, More
Thursday, October 24, 2024 - 12:28pm | 1357Tesla Inc (NASDAQ:TSLA) beat earnings estimates and showed improving margins in the third quarter, along with a strong vehicle delivery outlook for 2025, which were among the highlights for analysts. The Tesla Analysts: Piper Sandler analyst Alexander Potter reiterated an Overweight rating on...
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Why 5 Of 6 UnitedHealth Analysts Are Cutting Forecasts After Q3 Earnings Release
Wednesday, October 16, 2024 - 12:18pm | 967UnitedHealth Group Inc (NYSE:UNH) reported on Tuesday upbeat earnings for its third quarter. The company reported its results amid an exciting earnings season. Here are some key analyst takeaways. RBC Capital Markets On UnitedHealth Group Analyst Ben Hendrix reiterated an Outperform rating while...
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Tesla Robotaxi Day Event 'More Fanfare Than Substance': 8 Analysts On Cybercab, Optimus, Autonomous Vehicle Vision
Friday, October 11, 2024 - 12:26pm | 1399Analysts say Tesla Inc‘s (NASDAQ:TSLA) stock could continue to slide after the lack of clear business plans for Robotaxis and no updates on the lower-cost production vehicle, following the highly anticipated Robotaxi Day on Thursday. The Tesla Analysts: Wedbush analyst Daniel Ives...
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Tesla Robotaxi Day Preview: Move Over Autonomous Vehicles, Analyst Says This 'Positive Catalyst' Could Be More Important
Monday, October 7, 2024 - 1:07pm | 654The highly anticipated Tesla Robotaxi Day from Tesla Inc (NASDAQ:TSLA) on Oct. 10 will likely see the unveiling of robotaxis and demos, but analysts think that several other unannounced items could be bigger catalysts for the stock. The Tesla Analysts: Cantor Fitzgerald analyst Andres Sheppard...
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Broadcom Analysts Highlight Long-Term Potential: 'High-Quality AI Franchise' Could Provide Upside In 2025
Friday, September 6, 2024 - 1:54pm | 808Analysts see long-term strength for Broadcom Inc (NASDAQ:AVGO) after the company reported quarterly financial results. The Broadcom Analysts: Bank of America analyst Vivek Arya reiterated a Buy rating with a $215 price target. KeyBanc analyst John Vinh maintained an Overweight rating with a $210...