Bernstein

Analysts are diving into the second quarter financial results reported by Intel Corporation (NASDAQ: INTC) Thursday after market close. Here are the key takeaways from the second quarter and the future of Intel. The Intel Analysts: Bernstein analyst Stacy Rasgon had a Market Perform rating and...

Shares of Lam Research Corporation (NASDAQ: LRCX) spiked in early trading on Thursday, after the company reported upbeat quarterly results. The report came amid an exciting earnings season. Here are some key analyst takeaways from the earnings release. Bernstein analyst Stacy Rasgon reiterated a...

Electric vehicle giant Telsa Inc (NASDAQ: TSLA) reported second-quarter financial results that came in ahead of Street consensus estimates Wednesday after market close. Analysts are sizing up the report and what’s ahead for the company. The Tesla Analysts: Baird analyst Ben Kallo has an...

UnitedHealth Group Inc (NYSE: UNH) announced its second-quarter earnings on Friday, lending upside to shares. The current valuation of the stock does not reflect the company’s long-term growth prospects, according to Bernstein. The UnitedHealth Analyst: Lance Wilkes upgraded the rating on...

Broker Bernstein highlighted that while the U.S. district court found institutional sales of Ripple's (CRYPTO: XRP) token to be in violation of securities law, the fact that it's not considered a security when sold through exchanges or programmatic sales is a major victory for the crypto...

MicroStrategy (NASDAQ: MSTR) may sell its Bitcoin (CRYPTO: BTC) holdings in the event of severe price drops, particularly around the time its debt is due in mid-2025. That's according to a report from financial adviser Bernstein, cited by Coindesk. However, robust Bitcoin prices would...

Through the first six months of 2023, many top stock indexes were trading higher, which came after a down year in 2022. One of the most talked about topics in stocks was artificial intelligence, which boosted the spotlight and valuation of semiconductor stocks. Here’s what one analyst...

Tesla Inc (NASDAQ: TSLA) reported record deliveries in China and is now facing moves by Beijing to stop EV price cuts. The company's energy generation and storage business has expanded significantly due to the phenomenal growth of energy storage system (ESS) batteries, according to Bernstein....

Brokerage firm Bernstein on Monday stated that the U.S. Securities and Exchange Commission (SEC) may find it challenging to maintain its current position on spot Bitcoin (CRYPTO: BTC) exchange-traded funds (ETFs), suggesting that the chances of approval are relatively high. The...

BeiGene Ltd (NASDAQ: BGNE) declined in early trading on Friday, maintaining its downward trajectory through the week amid weakness in Chinese stocks. AbbVie’s (NYSE: ABBV) patent case, which claims multiple infringements, is likely to be an overhang on BeiGene’s stock, according to...

Shares of Micron Technology Inc (NASDAQ: MU) declined in early trading on Thursday, despite the company reporting better-than-expected results. Here’s a look at some key analyst takeaways. Needham On Micron Technology Analyst Rajvindra Gill maintained a Buy rating, raising the price target...

Shares of Alphabet Inc (NASDAQ: GOOGL) (NASDAQ: GOOG) saw its second downgrade this week after Bernstein dropped its bullish stance, which came on the heels of a downgrade from UBS analyst Lloyd Walmsley. The stock has gained around 40% from its November lows and it is “time to move to...

Kellogg Company (NYSE: K), which has consistently outperformed analyst forecasts during and after the pandemic, is gearing up to report its second-quarter earnings. While Kellogg’s stock is trading at a five-year low and a 15-year low versus its U.S. food peers, the company providing fiscal...

Tokenization, a technique through which real-world assets are transformed into blockchain-based tokens, could unlock a mammoth market potential of around $5 trillion within the next half-decade, according to a new report by Bernstein. The report, released on Tuesday, emphasized that this explosive...

Shares of Advanced Micro Devices, Inc. (NASDAQ: AMD) rose in early trading on Wednesday after the company held on Tuesday its key Data Center and AI Technologies event. Mizuho Securities On Advanced Micro Devices Analyst Vijay Rakesh reaffirmed a Buy rating while raising the price target from...