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Bernstein Predicts Crypto Domination: FTX's Downfall Paves The Way For Bitcoin And Ethereum Explosion
Tuesday, April 18, 2023 - 11:29am | 516Read More...The collapse of FTX (CRYPTO: FTT) has been a driving force behind a fresh surge in the cryptocurrency market, according to a recent analysis by Bernstein. The report released on Monday explained how the downfall of the cryptocurrency exchange eliminated the final wave of "harmful crypto...
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Tesla Disappoints Analysts, Attention Shifts To Margins As EV Maker 'Undermines' Profitability
Monday, April 3, 2023 - 12:35pm | 608Read More...Tesla Inc (NASDAQ: TSLA) shares are skidding on the heels of somewhat disappointing production and delivery numbers. With first-quarter earnings on the horizon, all eyes are on margins and profitability as the Austin, Texas-based company continues to sting the competition....
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Intel Analysts React To DCAI Event, Tech Giant's Tapping $40B+ Market
Thursday, March 30, 2023 - 10:02am | 550Read More...Shares of Intel Corporation (NASDAQ: INTC) rallied on Wednesday, after the company said at the DCAI (data center and AI) investor event that its new server chips will hit the market sooner than expected. KeyBanc Capital Markets analyst John Vinh reiterated a Sector Weight rating on the stock....
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7 Lululemon Athletica Analysts On Q4 Print: 'Demand For LULU's Merchandise Remains Healthy And Strong,' But There May Be A Headwind
Wednesday, March 29, 2023 - 11:57am | 774Read More...Shares of Lululemon Athletica Inc (NASDAQ: LULU) made big moves in early trading on Wednesday. The company reported fourth-quarter revenue of $2.77 billion, up 30% year-over-year and higher than Street expectations of $2.70 billion. Lululemon’s adjusted earnings of $4.40 per share also topped...
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6 Micron Technology Analysts Bullish On Q2 Earnings, But 1 Remains Bearish Over 'Demand Weakness'
Wednesday, March 29, 2023 - 11:49am | 759Read More...Shares of Micron Technology Inc (NASDAQ: MU) rose in premarket trading on Wednesday, even though the company reported disappointing earnings for the fiscal second quarter. Morgan Stanley On Micron Technology Analyst Joseph Moore maintained an Underweight rating and price target of $46. “The...
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Lyft Shuffes Management: Analysts Address Whether This Is A 'Positive' Change
Tuesday, March 28, 2023 - 10:54am | 379Read More...Shares of Lyft Inc (NASDAQ: LYFT) jumped in early trading on Tuesday, after the company said its co-founders, Logan Green and John Zimmer, would transition to non-executive roles. DA Davidson analyst Tom White maintained a Neutral rating and price target of $12.50. Bernstein analyst Nikhil Devnani...
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Block Investors Are Pulling Back, But These Analysts Are Unfazed By Short Report From 'Novice Industry Outsider'
Friday, March 24, 2023 - 11:22am | 747Read More...Hindenburg Research issued a short report that sent shares of Block Inc (NYSE: SQ) down on Thursday. Analysts are sharing their reactions and takes on the allegations from the short seller. The Block Analysts: Bernstein analyst Harshita Rawat has an Outperform rating and a price target of $90....
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5 FedEx Analysts On 'Solid' Q3 Print, Outlook: 'We Got That And More'
Friday, March 17, 2023 - 10:35am | 606Read More...Shares of FedEx Corp (NYSE: FDX) jumped in early trading on Friday, after the company raised its earnings guidance. Raymond James analyst Tyler Brown maintained a Market Perform rating on the stock. Oppenheimer analyst Scott Schneeberger reiterated a Perform rating on the stock. Stephens analyst...
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4 Meta Platforms Analysts On 'Ominous' 10K Layoffs
Wednesday, March 15, 2023 - 10:18am | 506Read More...Shares of Meta Platforms Inc (NASDAQ: META) came under pressure in premarket trading on Wednesday, after the company announced further layoffs. Raymond James analyst Aaron Kessler maintained an Outperform rating, while raising the price target from $220 to $238. Oppenheimer analyst Jason Helfstein...
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Tesla Analysts Praise Vertical Integration After Investor Day, But Want More From Elon Musk: 'Long On Vision, Short On Specifics'
Thursday, March 2, 2023 - 12:23pm | 1019Read More...Tesla Inc (NASDAQ: TSLA) held its first Investor Day on Wednesday, sharing more details about its plans for electric vehicles, increased vertical integration and sustainabiltiy efforts. Here's what analysts are saying after the event. The Tesla Analysts: RBC analyst Tom Narayan has...
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7 Salesforce Analysts On Q4 Earnings: 'Nearly Everything Investors Could Hope For'
Thursday, March 2, 2023 - 11:19am | 806Read More...Shares of Salesforce Inc (NYSE: CRM) were rallying Thursday morning after the company reported a fourth-quarter beat. Here's what the Street has to say. JMP Securities On Salesforce Analyst Patrick Walravens reiterated a Market Outperform rating and price target of $250....
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Zoom's Growth Stalls In 'More Challenging Macro Environment': What 5 Analysts Say Comes Next After Q4 Earnings
Tuesday, February 28, 2023 - 12:12pm | 648Read More...Technology company Zoom Video Communications (NASDAQ: ZM) reported fourth-quarter financial results that came in ahead of Street estimates Monday after the market close. The company also issued first-quarter and full year guidance. Here’s a look at what analysts are saying after the print....
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ChatGPT Opportunity Could Be 'Tens Of Billions Of Dollars Annually' For Nvidia: Why This Analyst Is Bullish
Monday, February 27, 2023 - 1:56pm | 627Read More...Technology giant Nvidia Corporation (NASDAQ: NVDA) is one of the companies that could benefit from increased use of chatbots like ChatGPT, according to a new analyst note. Here’s the potential market size Nvidia could be looking at and why it’s important. What Happened: Nvidia reported...
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6 Domino's Pizza Analysts On Earnings: 'We Believe This Updated Financial Outlook Incorporates Ongoing Headwinds'
Friday, February 24, 2023 - 12:41pm | 652Read More...Shares of Domino's Pizza Inc (NYSE: DPZ) declined in Friday’s early session after the company reported quarterly earnings. Bernstein on Domino's Pizza Analyst Danilo Gargiulo reaffirmed an Underperform rating and price target of $334. “DPZ adjusted EPS of $4.43 was 46 cents...
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Will Nvidia's Rally Continue After 'Solid' Q4 Print? 6 Analysts Take A Closer Look
Thursday, February 23, 2023 - 12:18pm | 599Read More...Shares of Nvidia Corporation (NASDAQ: NVDA) jumped in Thursday’s premarket session, after the company reported quarterly earnings. KeyBanc Capital Markets analyst John Vinh reaffirmed an Outperform rating and price target of $280. Rosenblatt analyst Hans Mosesmann maintained a Buy rating and...
















