Bernstein

Shares of Nio Inc (NYSE: NIO) were trading lower on Thursday amid reports of electric vehicle deliveries continuing to decline in China. The company’s fourth-quarter results reflected margin contraction and widening losses, and the setup for 2024 “remains challenging,” according...

Analysts at investment firm Bernstein project a promising future for Bitcoin (CRYPTO: BTC), anticipating its price to exceed the previous high of $69,000 and potentially reach $70,000 this year. Despite not expecting a smooth, volatility-free ascent, the firm sees a favorable risk-reward balance...

Shares of Advanced Micro Devices, Inc. (NASDAQ: AMD) declined in early trading on Wednesday, after the Santa Clara, California-based company reported its quarterly results. The results came amid an exciting earnings season. Here are some key analyst takeaways from the release. Northland Capital...

Shares of Hershey Co (NYSE: HSY) rose in premarket trading on Monday. The candy company’s market share and volume trends have improved significantly in recent months, according to Bernstein. The Hershey Analyst: Alexia Howard upgraded the rating for Hershey from Market Perform to Outperform,...

Innovation and digitalization have been in focus among ophthalmology majors. The ophthalmology market is attractive, at an estimated $34 billion, with growth rates “in the mid-single digits across products that range from the clinic to the operating room to the pharmacy,” analyst...

Shares of Southwest Airlines Co (NYSE: LUV) gained last month after the company reached a tentative agreement with its pilots association. The Dallas-based company is likely to report its full year 2023 earnings at around half of the Street’s expected $3+ per share, while 2024 could prove to...

Tesla, Inc.’s (NASDAQ:TSLA) strategy amid the economic uncertainty has turned several bullish analysts into bears, but CEO Elon Musk has shown that he hasn’t been affected by the negative commentary. What Happened: On Friday, Bernstein analyst Toni Sacconaghi said in a note that Tesla...

Brokerage firm Bernstein projects a Bitcoin (CRYPTO: BTC) market capitalization of more than $3 trillion by mid-2025. About 70% of Bitcoin's total circulating supply has not been involved in any trading activity over the past year, the firm's analysts say. These churn rates are "...

The recent decision by Alibaba Group Holding Limited (OTC:BABAF) to cancel the spinoff of its cloud business was met with mixed responses from investors. What Happened: As reported by CNBC, Morgan Stanley scratched Alibaba from its top pick in the internet sector, pointing to the unexpected cloud...

Tripadvisor Inc (NASDAQ: TRIP) joined Airbnb Inc (NASDAQ: ABNB) and Booking Holdings Inc (NASDAQ: BKNG) last week to report higher revenues on strong travel demand. Investment decisions will increasingly depend on the prospects for 2024, according to Bernstein. The Online Travel Analyst: Richard...

Technology giant Apple Inc (NASDAQ:AAPL) reported fourth quarter financial results Thursday after market close. Here's a look at what analyst are saying about the results and the future of the company. The Apple Analysts: Goldman Sachs analyst Michael Ng had a Buy rating and a price target of $227...

Qualcomm Inc (NASDAQ: QCOM) shares were climbing in early trading on Thursday, after the company reported upbeat quarterly earnings. The results came amid an exciting earnings season. Here are some key analyst takeaways from the earnings release. Bernstein On Qualcomm Analyst Stacy Rasgon...

Shares of Advanced Micro Devices, Inc. (NASDAQ: AMD) spiked higher on Wednesday after the company reported upbeat third-quarter earnings earlier this week. The results came amid an exciting earnings season. Here are some key analyst takeaways from the earnings release. Morgan Stanley On Advanced...

Bitcoin (CRYPTO: BTC) prices could surge to $150,000 by 2025, global asset management firm Bernstein forecasted amid positivity surrounding the spot Bitcoin ETF approval, as cited by CNBC. Bernstein analyst Gautam Chhugani believed the approval was likely to come by the...

Shares of Microsoft Corp (NASDAQ: MSFT) climbed in early trading on Wednesday, after the company reported upbeat fiscal first-quarter results. The results came amid an exciting earnings season. Here are some key analyst takeaways from the earnings release. Bernstein On Microsoft Analyst Mark...