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Strong Economy Doesn't 'Justify' 4 Rate Cuts This Year: How About 3? What Experts Are Saying
Friday, August 23, 2024 - 12:44pm | 642The economy is too strong to “justify” four interest rate cuts getting priced in by year-end, according to Apollo Global Management‘s Torsten Slok. What Happened: “Where is the slowdown that everyone’s talking about?” Slok asked CNBC on Friday morning — just...
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Nike Analysts Sour On Retailer's Short-Term Prospects Following Poor Outlook: 'No Quick Rebound'
Friday, June 28, 2024 - 1:30pm | 989Nike Inc (NYSE:NKE) shares plummeted following bleak revenue numbers and lowered guidance in its fourth-quarter report. Some analysts have soured on the Beaverton, Oregon-based company. Here’s what the Street is saying Friday after the print. The Nike Analysts: The following analysts...
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Apple's EU App Store Sales Remain Steady Despite Regulatory Changes: Report
Wednesday, May 29, 2024 - 9:58am | 509Recent analysis by Evercore ISI indicates that Apple Inc. (NASDAQ:AAPL) has experienced negligible revenue impact in the EU App Store after complying with the European Union’s Digital Markets Act (DMA). What Happened: Despite the regulatory changes that took effect in March, the EU App Store...
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Netflix Rallies Off Q3 Earnings: 8 Analysts On Future Price Increases, Ad-Supported Plans And More
Thursday, October 19, 2023 - 1:32pm | 1151Streaming giant Netflix Inc (NASDAQ: NFLX) reported third-quarter financial results after the market close Wednesday. Shares of the streaming company are soaring Thursday after the report. Here’s a look at what Netflix analysts are saying about the report and the company's future. ...
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Tesla Sized Up By 9 Analysts After Q3 Earnings: 'Mini Disaster' Conference Call, First Bad Miss In Some Time, A Win For The Bears
Thursday, October 19, 2023 - 12:12pm | 1598Electric vehicle leader Tesla Inc (NASDAQ: TSLA) reported third quarter financial results after market close Wednesday. The company reported revenue and earnings per share that both missed estimates from analysts for the quarter. Here’s a look at what analysts are saying after the recent...
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CVS Health Gains Momentum: Analyst Points To Potential 4-Star Medicare Rating
Tuesday, September 19, 2023 - 11:34am | 299Shares of CVS Health Corp (NYSE: CVS) were trading higher on Tuesday, after attracting short interest earlier in the month. Several factors are “swinging in a positive direction,” including improvements in operational issues and higher confidence in management’s outlook, according...
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DocuSign Shares Down Despite Upbeat Q2 Print: What 4 Analysts Think
Friday, September 8, 2023 - 11:18am | 591Shares of DocuSign Inc (NASDAQ: DOCU) tanked in early trading on Friday, even after the company reported upbeat fiscal second-quarter earnings. The results came amid an exciting earnings season. Here are some key analyst takeaways from DocuSign’s earnings release. RBC Capital Markets On...
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Ad-Supported Plan From Netflix Not Priced Into Stock: 'Can Drive A Material Reacceleration In Revenue Growth'
Thursday, September 15, 2022 - 2:58pm | 398An ad-supported plan set to launch by streaming leader Netflix Inc (NASDAQ: NFLX) is one of the most anticipated events in the streaming sector. One analyst said it might not be priced into shares of the stock. The Netflix Analyst: Evercore ISI analyst Mark Mahaney upgraded shares...
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Peloton Stock Gets Downgrade In Spite Of Strong Performance: Here's Why
Tuesday, April 6, 2021 - 11:14am | 253Although Peloton Interactive Inc (NYSE: PTON) has benefited significantly from the COVID-19 pandemic stay-at-home environment, its stock could trade sideways in the near term, given the 434% run-up in the past year, according to Evercore. The Peloton Interactive Analyst: Shweta Khajuria...
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Broadcom Shares Plummet After Wall Street Questions Sudden Acquisition Strategy
Thursday, July 12, 2018 - 1:37pm | 749Broadcom Inc (NASDAQ: AVGO) moved 15 percent lower Thursday on mixed reactions following the announcement it had reached a deal to acquire CA, Inc. (NASDAQ: CA). CA Inc. (also known as CA Technologies) jumped 18 percent higher, realizing most of the 20 percent premium to the July 11 closing price...
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How Is Earnings Season Setting Up For The Airliners?
Tuesday, April 4, 2017 - 2:37pm | 503Airline stocks were suffering another down day on Tuesday after Delta Air Lines, Inc. (NYSE: DAL) reported March traffic numbers and updated shareholders on second-quarter guidance. Update Gist Here are the highlights from Delta’s investor update: Projected March quarter operating margin is...
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Here's All The Sell-Side Ratings And Price Targets On Alibaba Ahead Of Its Q4 Report
Monday, January 23, 2017 - 4:30pm | 242Chinese e-commerce giant Alibaba Group Holding Ltd(NYSE: BABA) is scheduled to report its fourth-quarter results before the market opens on Tuesday. The company is expected to report earnings of $1.13 per ADS on revenues of $7.32 billion. In the September quarter, the company reported...
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Winners And Losers If The Walgreens-Rite Aid Merger Is Blocked
Friday, January 20, 2017 - 2:54pm | 799Another proposed merger is facing the risk of falling apart, if a Bloomberg report is to be believed. Citing people familiar with the matter, the Bloomberg reported that the FTC isn't convinced about the Walgreens Boots Alliance Inc (NASDAQ: WBA)'s proposed deal to buy Rite Aid Corporation (NYSE...
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Street Speculates 2 Suitors Courting NXP Semiconductors
Friday, September 30, 2016 - 1:05pm | 358Two is company, three is a crowd. Close on heels of a report suggesting QUALCOMM, Inc. (NASDAQ: QCOM)'s interest in NXP Semiconductors NV (NASDAQ: NXPI), rumors have emerged of a possible second suitor. Quoting people familiar with the matter, the Dow Jones Newswire reported Thursday Qualcomm is...
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Evercore's Roger Altman Discusses M&A Activity
Friday, April 29, 2016 - 10:49am | 222Roger Altman is the founder of Evercore, a Wall Street investment banking firm. He was a recent guest on CNBC and offered his expert views on the state of M&A activity in the market. Altman began the conversation by pointing out that there was a "huge outbreak" of "severe...