AAPL surged by 3.10%, showcasing robust relative strength after Bernstein’s upgrade, which highlights “Replacement cycle tailwinds & incremental next-gen AI features setting up Apple favorably […]
Category: Brokerage Reports
EU Readies Probe into Meta’s Facebook and Instagram Over Disinformation Concerns
The European Union in Brussels is poised to initiate an investigation into Meta’s Facebook and Instagram platforms, possibly commencing as early as Monday. This move […]
Analyzing Morgan Stanley’s Insights: Navigating Earnings Season Amidst Rate Pressures
Morgan Stanley noted that the current earnings season has seen a notable high beat rate, but the response in stock prices has been subdued. They […]
UMB Financial to Acquire Heartland Financial in $2 Billion All-Stock Deal, Expanding Presence Across 13 States
UMB Financial is set to acquire Heartland Financial in a significant all-stock transaction valued at $2 billion. Heartland shareholders will receive 0.55 shares of UMB […]
CITI Upgrades Shopify Rating to Buy Amid Positive Growth Outlook
Citi has upgraded Shopify from Neutral to Buy, setting a price target of $105. Analyst Comments: Margin and Profitability Improvements: Shopify ($SHOP) has successfully addressed […]
Tesla to Cut Over 6,000 Jobs Worldwide Amidst Declining EV Sales and Profit Drop
Tesla is planning to lay off 693 employees at its Nevada facilities as part of a broader 10% reduction in its workforce, announced earlier this […]
U.S. Inflation Moderately Rises in March, Fed Expected to Hold Rates Until September
The Commerce Department’s Bureau of Economic Analysis reported a moderate increase in U.S. inflation for March, with the Personal Consumption Expenditures (PCE) price index rising […]
Alphabet’s Strong Q1’24 Performance: Earnings Highlights and Strategic Insights
Alphabet Q1’24 Earnings Highlights: Earnings Per Share (EPS): – Reported EPS: $1.89 (Estimated: $1.53); Increased +24% YoY Total Revenue: – Reported Revenue: $80.54B (Estimated: $79.04B); […]
Alphabet $GOOGL Surges 12% Pre-Market Amid Analysts’ Upward Price Target Revisions
Alphabet Q1’24 Earnings Highlights: Earnings Per Share (EPS): – Reported EPS: $1.89 (Estimated: $1.53); Increased +24% YoY Total Revenue: – Reported Revenue: $80.54B (Estimated: $79.04B); […]
Intel’s Q1 2024 Earnings Report: Insights and Guidance
Intel Corporation (INTC) released its earnings report for Q1 of 2024 with several key highlights: – Revenue amounted to $12.72 billion, slightly below the estimated […]
Roku Delivers Strong Q1’24 Earnings: Revenue Surges, User Base Grows, and Strategic Initiatives Thrive
Roku Q1’24 Earnings Highlights: Earnings Performance: Roku surpassed expectations with a narrower GAAP EPS loss of $(0.35) compared to an estimated $(0.62), while revenue soared […]
Tesla’s Q1 2024 Earnings Report: Mixed Results with Revenue Beat but Missed EPS and Free Cash Flow Concerns
Tesla’s earnings for Q1 2024 show an EPS of $0.45, slightly below the estimated $0.51. Revenue stood at $21.30 billion, Vs estimated $20.94 billion. GAAP […]