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Reddit (RDDT) Vs. Trump's DJT: How 2 High-Profile Social Media Stocks Have Fared Since March Listings
Wednesday, July 17, 2024 - 4:21am | 1109Social media stocks Reddit, Inc. (NYSE:RDDT) and Trump Media & Technology Group Corp. (NASDAQ:DJT) were among high-profile public listings in March and their fortunes have diverged. Here’s a rundown on how the shares have fared since their listings vis-a-vis fundamentals and what lies...
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Analysts See Upside Ahead For Amazon Stock As Prime Day Approaches
Tuesday, July 9, 2024 - 1:33pm | 550Roth MKM tapped a 20-year e-commerce expert for insights into Amazon.com Inc’s (NASDAQ:AMZN) growth trajectory ahead of the company’s 10th Prime Day event, July 16 and 17. The result: upside is expected in the second quarter. What To Know: Moth MKM analyst Rohit Kulkarni detailed...
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Chewy, Apple, Marathon Digital, McDonald's, Tesla: Why These 5 Stocks Are On Investors' Radars Today
Monday, July 1, 2024 - 10:05pm | 630On Monday evening, major U.S. indices closed in positive territory. The Dow Jones Industrial Average increased by 0.1%, reaching 39,169.52. The S&P 500 rose by 0.3% to 5,475.09, while the tech-focused Nasdaq climbed 0.8% to finish at 17,879.30. These are the top stocks that gained the attention...
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7 Apple Analysts Mixed On WWDC 2024: iPhone Upgrade Cycle Coming, But When?
Tuesday, June 11, 2024 - 11:26am | 1075Technology giant Apple Inc (NASDAQ:AAPL) kicked off its Worldwide Developers Conference (WWDC) Monday, highlighting new features for iPads and iPhones and a deeper push to integrate artificial intelligence on products. Here's what analysts are saying after the event. The Apple Analysts: Needham...
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Can Reddit's Solid Momentum Continue? Analysts Say Social Media Company With 'Robust Business Model' Has 'Continued Strong User Growth'
Wednesday, May 8, 2024 - 12:52pm | 541Reddit Inc (NYSE:RDDT) shares were climbing in early trading on Wednesday, after the company reported strong first-quarter results. The results came amid an exciting earnings season. Here are some key analyst takeaways. BofA Securities On Reddit Analyst Justin Post reaffirmed a Neutral rating while...
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7 Apple Analysts Size Up Q2 Results: Artificial Intelligence 'A Major Upgrade Cycle Within Product Categories Such As The iPhone'
Friday, May 3, 2024 - 1:37pm | 1194Technology giant Apple Inc (NASDAQ:AAPL) reported second-quarter financial results that saw revenue and earnings per share beat Street estimates. Analysts have responded to Apple’s results, updated guidance, increased dividend, and the announcement of a $110 billion buyback. The Apple...
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8 Analysts Size Up Amazon's Q1 Results, AWS Opportunity: 'Likely The Biggest Winner In AI'
Wednesday, May 1, 2024 - 1:28pm | 1130E-commerce giant Amazon.com Inc (NASDAQ:AMZN) reported first-quarter financial results that saw revenue and earnings per share beat estimates from analysts. Analysts react to the report and updated guidance from the company. The Amazon Analysts: Bank of America analyst Justin Post had a Buy rating...
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Paramount Could Be Worth $4 Or $14 Per Share In Deal, Analyst Says: 'We Prefer To Sit This One Out'
Tuesday, April 30, 2024 - 12:07pm | 903Media company Paramount Global (NASDAQ:PARA)(NASDAQ:PARAA) reported first-quarter financial results that saw revenue miss Street consensus estimates and earnings per share come in ahead of estimates. The company also announced a CEO change with Bob Bakish stepping down. Analysts react to the...
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Alphabet's Blockbuster Results Highlight Its Transition From AI Laggard To Going 'On The Offensive': 11 Analysts Revise Forecasts After Q1 Results
Friday, April 26, 2024 - 2:02pm | 1327Alphabet Inc (NASDAQ:GOOG) (NASDAQ:GOOGL) shares were climbing on Friday after the company reported its first-quarter results amid a lot of hype around the AI revolution. The results came amid an exciting earnings season. Here are some key analyst takeaways from the release. Goldman Sachs On...
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Meta's Q1 Earnings: Most Analysts Support AI Strategy, While One Says 'Use Meta As A Source Of Funds,' Questions Its Long-Term Value
Thursday, April 25, 2024 - 2:25pm | 1811Meta Platforms Inc (NASDAQ:META) reported its first-quarter 2024 earnings, revealing a revenue of $36.45 billion, which surpassed analyst estimates. Despite this positive revenue performance, Meta Platforms’ shares declined by 15% in after-market trading due to lower-than-expected revenue in...
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Netflix Stock Sized Up By 7 Analysts Post Q1 Results: 'Pivot From A High-Growth, Low-Profit Business To A Slow-Growth, High-Profit Business'
Friday, April 19, 2024 - 1:36pm | 1129Analysts weighed in on Netflix Inc (NASDAQ:NFLX) after the company reported first-quarter financial results, and shared how the company fits into the streaming platform sector. The Netflix Analysts: Bank of America analyst Jessica Reif Ehrlich had a Buy rating and raised the price target from $650...
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Is Apple About To Disappoint Investors With Q2 Print? Analyst Flags 2 Factors Weakening iPhone Maker
Tuesday, April 16, 2024 - 8:14am | 495Apple, Inc.’s (NASDAQ:AAPL) fundamentals have been on an extended lean run and the company may not have succeeded in turning things around in the March quarter, going by comments from an analyst at Needham on Tuesday. The Apple Analyst: Laura Martin maintained a Buy rating and $220 price...
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Disney's Sports Streaming JV Will Help 'Collect Lost Revenue From Cord Cutters,' Analyst Says
Wednesday, February 7, 2024 - 12:18pm | 733A new sports streaming joint venture involving The Walt Disney Company (NYSE:DIS), Warner Bros. Discovery (NASDAQ:WBD) and Fox Corporation (NASDAQ:FOX)(NASDAQ:FOXA) is expected to offer more than just an "extensive, dynamic lineup of sports content,” Needham analyst Laura Martin says. What...
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6 Apple Analysts Size Up Q1 Results, iPhone Sales: 'Major Step In The Right Direction,' 'Some Good And Bad News'
Friday, February 2, 2024 - 12:33pm | 1037Technology giant Apple Inc (NASDAQ:AAPL) beat revenue and earnings per share estimates in its first quarter-earnings report Thursday. Here's a look at what analysts are saying about the report and what's next. The Apple Analysts: Goldman Sachs analyst Michael Ng had a Buy rating and raised the...
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Amazon Rallies Off Q4 Earnings: 'Another Impressive Beat' Signals Market Dominance
Friday, February 2, 2024 - 12:10pm | 623Shares of Amazon.com Inc (NASDAQ: AMZN) have been in focus, with tech giants reporting results this week. Amazon’s results came amid an exciting earnings season. Here are some key analyst takeaways from the release. Needham On Amazon Analyst Laura Martin maintained a Buy rating, while raising...