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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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Market Volatility Increases Sharply Following GDP Data; S&P 500 Settles Lower
Friday, July 28, 2023 - 5:55am | 343The S&P 500 closed lower on Thursday, while the Dow Jones snapped its longest winning streak since 1987. On Wednesday, the Fed raised its benchmark overnight interest rate by 25 basis points as expected. Data released Thursday showed that the U.S. economy expanded faster-than-expected during...
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Why Willis Towers Watson Shares Are Trading Lower By 9%? Here Are Other Stocks Moving In Thursday's Mid-Day Session
Thursday, July 27, 2023 - 12:53pm | 1975Gainers Femasys Inc. (NASDAQ: FEMY) gained 54% to $0.55. Femasys reported a notice of allowance for new U.S. patent application covering use of FemBloc for female permanent birth control. Ultralife Corporation (NASDAQ: ULBI) shares jumped 43.4% to $7.07 after the company posted better-than-...
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Why Southwest Airlines Shares Are Falling Today
Thursday, July 27, 2023 - 10:06am | 403Southwest Airlines Co (NYSE: LUV) reported second-quarter FY23 operating revenue growth of 4.6% year-over-year to $7.04 billion, beating the consensus of $6.98 billion. Adjusted EPS was $1.09, compared to $1.30 in 2Q22, missing the consensus of $1.10. Q2 RASM decreased 8.3% Y/Y...
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Why Universal Health Services Shares Are Trading Lower By 6%? Here Are Other Stocks Moving In Wednesday's Mid-Day Session
Wednesday, July 26, 2023 - 1:57pm | 1779Gainers Silicon Motion Technology Corporation (NASDAQ: SIMO) shares climbed 78.9% to $93.40 following a report suggesting China approval of the company's Maxlinear merger. Mallinckrodt plc (NYSE: MNK) gained 70% to $0.75. Sources said Mallinckrodt is considering bankruptcy as part of plan to...
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Why Infosys Shares Are Trading Lower By 9%? Here Are Other Stocks Moving In Thursday's Mid-Day Session
Thursday, July 20, 2023 - 1:26pm | 1465Gainers PainReform Ltd. (NASDAQ: PRFX) jumped 45.5% to $10.34 after declining 8% on Wednesday. PaiReform recently regained compliance with Nasdaq continued listing requirements. T2 Biosystems, Inc. (NASDAQ: TTOO) shares gained 22.8% to $0.1255 after the FDA granted Breakthrough Device designation...
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Why ManpowerGroup Shares Are Plunging Today
Thursday, July 20, 2023 - 9:41am | 314ManpowerGroup Inc (NYSE: MAN) reported a second-quarter FY23 sales decline of 4% year-on-year to $4.856 billion, beating the analyst consensus of $4.85 billion. The challenging operating environment in the U.S. and Europe contributed to revenue declines in Manpower, Experis and...
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Insiders Buying Nuvectis Pharma And 2 Other Stocks
Thursday, July 20, 2023 - 6:59am | 519Although US stocks closed mostly higher on Wednesday, there were a few notable insider trades. When insiders purchase shares, it indicates their confidence in the company's prospects or that they view the stock as a bargain. Either way, this signals an opportunity to go long on the stock....
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Subdued Tone: Major Indexes Waver Despite Earnings Beats by Bank of America, Morgan Stanley
Tuesday, July 18, 2023 - 1:57pm | 2316(Tuesday market open) The morning kicks off with more big banks beating analysts’ earnings expectations, but major indexes were barely changed in premarket trading. Retail Sales—an important barometer of consumer health—rose less than expected in June. Both Bank of...
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What The Nasdaq-100 Will Look Like After July 24
Tuesday, July 18, 2023 - 10:50am | 2158Economists expect this morning’s retail sales data to show the strongest growth since January. If a recession is coming, somebody forgot to tell the consumer! Market Prices as of 4 pm EST, 7/17/23 Macro China represents the world’s largest market for chipmakers. In 2022, it was...
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NBCUniversal's Peacock Raises Prices First Time Since Launch, Warren Buffett Sells Majority of Activision Blizzard Stake Before Microsoft Deal Approval, Novartis Launches $15B Share Buyback: Today's Top Stories
Tuesday, July 18, 2023 - 9:46am | 1593Wall Street Journal NBCUniversal's Peacock Streaming Service Raises Subscription Price For First Time Since Debut NBCUniversal has announced that Peacock's first price increase since the streaming platform debuted in 2020 will go into effect next month. The decision to raise...
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Lockheed Martin Q2: 8% Revenue Growth, Solid Demand, Raised FY23 Guidance & More
Tuesday, July 18, 2023 - 9:07am | 480Lockheed Martin Corp (NYSE: LMT) reported second-quarter FY23 net sales growth of 8.1% year-over-year to $16.69 billion, above the consensus of $15.91 billion. Adjusted EPS of $6.73 (+6.5% Y/Y) topped the consensus of $6.45. The gross margin contracted 14 bps to 12.5%. The...
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Fear & Greed Index Remains In 'Extreme Greed' Zone After Dow Gains For Sixth Consecutive Session
Tuesday, July 18, 2023 - 2:52am | 316The CNN Money Fear and Greed index remained in the "Extreme Greed" zone on Monday. The Dow Jones recorded gains for the sixth straight session on Monday, and settled at its highest level in 2023. On the economic data front, the NY Empire State Manufacturing Index fell by 5.5 points from...
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Electric Week Ahead: Tesla Earnings Among Highlights Along With Retail Sales, But Soft China Growth In Focus
Monday, July 17, 2023 - 2:31pm | 2322(Monday market open) Earnings season spreads its wings this week with reports from several giant banks and a mega-cap company on the schedule, along with a dose of consumer-oriented retail sales and housing data. Today’s calendar is light, but things liven up the next few days as ...
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Optimists Club: Positive Feelings Build Ahead Of Tomorrow's CPI Data As Recent Inflation Signs Soften
Tuesday, July 11, 2023 - 1:31pm | 2247(Tuesday market open) An uneventful start to the week belies the excitement ahead. Inflation data and earnings season loom, with tomorrow’s Consumer Price Index (CPI) representing the opening salvo. There’s a strong likelihood that Wednesday’s eagerly awaited June...