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Marriott Posts Q2 Earnings Above Street View Helped By Strong Demand; Raises FY23 Outlook
Tuesday, August 1, 2023 - 12:55pm | 393Marriott International Inc (NASDAQ: MAR) reported second-quarter FY23 sales growth of 14% year-on-year to $6.08 billion, beating the analyst consensus of $6.05 billion. Comparable systemwide constant dollar RevPAR increased 13.5% worldwide, 6% in the U.S. & Canada, and 39.1% in...
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This Analyst With 86% Accuracy Rate Sees Around 13% Downside In Intel - Here Are 5 Stock Picks For July From Wall Street's Most Accurate Analysts
Tuesday, August 1, 2023 - 7:57am | 755U.S. stocks closed mostly higher on Monday, ending the July month on upbeat quarterly earnings. All three major stock indices recorded gains for July, with the S&P 500 adding 3.1% for the month Wall Street analysts make new stock picks on a daily basis. Unfortunately for investors, not all...
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Mattel's Fisher-Price Launches Its First-Ever Sensory Line Of Toys
Monday, July 31, 2023 - 10:53am | 247Mattel Inc (NASDAQ: MAT) brand Fisher-Price has launched its all-new Sensory Bright line featuring a range of products offering visual, auditory, tactile, and olfactory experiences. The new toy line is expected to promote inclusive, open-ended play for children three and older...
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This Analyst With 87% Accuracy Rate Boosts Price Target On McDonald's - Here Are 5 Stock Picks For Last Week From Wall Street's Most Accurate Analysts
Monday, July 31, 2023 - 7:46am | 687The S&P 500 closed higher on Friday, closing the week with gains. For the week, the S&P added 1.01%, while the Dow climbed 0.66%. Wall Street analysts make new stock picks on a daily basis. Unfortunately for investors, not all analysts have particularly impressive track records at...
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Roku To Rally Around 25%? Here Are 10 Other Analyst Forecasts For Friday
Friday, July 28, 2023 - 7:48am | 527JP Morgan boosted the price target for Intel Corporation (NASDAQ: INTC) from $30 to $35. JP Morgan analyst Harlan Sur maintained an Underweight rating. Intel shares rose 6.8% to $36.91 in pre-market trading. Baird raised BJ's Restaurants, Inc. (NASDAQ: BJRI) price target from $28 to $36....
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We'll Do It Live
Thursday, July 27, 2023 - 11:16am | 2052Hold onto your coffee cups, 'cause we're kicking off the day with GREAT news! GDP soars to 2.4% in Q2 2023. This is up from 2% in Q1. The “for sure recession" is nowhere in sight - it vanished like a magician's trick! Market Prices as of 4 pm EST, 7/26/23 Macro Sales of new...
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McDonald's Q2: 14% Topline Growth, Earnings Beat, Comps Up 11.7% & More
Thursday, July 27, 2023 - 9:29am | 344McDonald's Corp (NYSE: MCD) reported second-quarter FY23 sales growth of 13.6% year-on-year to $6.50 billion, beating the analyst consensus of $6.29 billion. Global comparable sales rose 11.7%, reflecting strong double-digit growth across each segment. U.S. Comparable sales...
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Investor Sentiment Declines After Fed Raises Interest Rates By 0.25%
Thursday, July 27, 2023 - 3:58am | 367The CNN Money Fear and Greed index showed further decline in overall sentiment among U.S. investors on Wednesday. The Dow Jones closed higher on Wednesday, recording its longest winning streak since 1987 following interest-rate decision from the U.S. Federal Reserve. The index notched gains for the...
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'Barbie' The Movie Is a Winner...But Is Mattel's Stock?
Wednesday, July 26, 2023 - 12:07pm | 741Mattel, Inc. (NASDAQ: MAT) shareholders were tickled pink on Monday after the highly anticipated ‘Barbie' movie lived up to the hype over the weekend. After debuting nationwide July 21st, the film went on to amass $155 million in North American ticket sales through Sunday. It set...
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Wall Street's Most Accurate Analysts Say Hold These 3 Financial Stocks Delivering High-Dividend Yields
Wednesday, July 26, 2023 - 8:13am | 545During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout. Benzinga readers can review the latest analyst takes on their favorite...
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Double Dipping: Microsoft, Alphabet Earnings Both Due After Close As Fed Meeting Begins
Tuesday, July 25, 2023 - 1:21pm | 2532(Tuesday market open) This afternoon serves up a double-feature, and it’s not “Barbenheimer.” Microsoft (NASDAQ: MSFT) and Alphabet (NASDAQ: GOOGL) accelerate the mega-cap earnings season by reporting today after the close, followed by Meta Platforms...
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Lululemon Athletica To Rally Around 12%? Here Are 10 Other Analyst Forecasts For Tuesday
Tuesday, July 25, 2023 - 7:51am | 542Needham raised the price target for F5, Inc. (NASDAQ: FFIV) from $175 to $180. Needham analyst Alex Henderson maintained a Buy rating. F5 shares jumped 11.2% to $167.00 in pre-market trading. Barclays raised HubSpot, Inc. (NYSE: HUBS) price target from $425 to $525. Barclays analyst Ryan...
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US Military Is Giving Your Tax Dollars To LEGO... Here's Why
Friday, July 21, 2023 - 3:54pm | 399LEGO, yes that Lego, just got a $2 million contract from the Department of Defense for its robotics education program, according to the SAM.gov website. The classic, plastic building-brick company, has been implementing robotics into its products and toys for more than a decade. LEGO has an...
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Potential Delay In iPhone 15 Debut Could Impact Apple's Margins, Meta's Threads App Faces User Exodus, Microsoft CEO Satya Nadella's Earnings Exceed $1B: Today's Top Stories
Friday, July 21, 2023 - 10:25am | 1918New York Times Potential Delay in iPhone 15 Debut Could Impact Apple's Profit Margins Amid Manufacturing Issues Apple Inc's (NASDAQ: AAPL) upcoming iPhone 15 Pro and Pro Max models are facing manufacturing issues. The iPhone maker and its suppliers are struggling with a "new...
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McDonald's Franchisee Surges 50% In 3 Months
Friday, July 21, 2023 - 8:33am | 793Which burger joint has the best fries is debatable, but there's no debating that Arcos Dorados Holdings Inc. (NYSE: ARCO) is the hottest stock in fast food. Arcos Dorados translates to "Golden Arches" in English. The world's largest independent McDonald's...