font size Last month, SoFi reported strong deposit numbers for the second quarter and beefed up its financial guidance. Justin Sullivan/Getty Images Investors are constantly becoming more interested SoFi Technologies Citi analysts said they raised their price target for the fintech stock. Citi analysts maintain their Buy rating SoFi (Stock [...]
font size The new iPhone 15 series is expected to be launched in September. AFP via Getty Images apple Stocks usually do well before a new iPhone is released and this year will be no different, according to a bull. Atif Malik, an analyst at Citi, maintained a Buy rating [...]
font size J&J took consumer health company Kenvue public in May. Mark Ralston/AFP via Getty Images Johnson & Johnson Just over eight shares will be issued Kinfu Each of its shares in what is likely to be a stock offering is oversubscribed totaling about $40 billion. The pricing period for [...]
font size Walmart has gained market share in the grocery segment in the past year. Scott Olson/Getty Images Walmart Exceeding earnings expectations and raising fiscal year guidance. The stock rose slightly in pre-market trading. Wal-Mart Inc. (Stock ticker: WMT) reported adjusted earnings of $1.84 per share on revenue of $161.6 [...]
font size Networking giant Cisco Systems reported fourth-quarter earnings and sales that beat analyst estimates. Gabriel Boyes/AFP via Getty Images Stock futures traded with slight gains on Thursday after Wall Street closed lower following the release of minutes from the Federal Reserve’s July meeting which indicated that officials think they [...]
font size The problem with PayPal is that consumers are returning to pandemic spending patterns with fewer online orders. Courtesy PayPal The applause for PayPaa’s new boss didn’t last long. The payment giant’s stock got a small bump when it announced this gut instinct CEO Alex Kress will take over [...]
font size Synopsys shares are up 34% this year. David Paul Morris/Bloomberg Synopsys Shares gained in late trading on Wednesday, after the chip design software provider reported better-than-expected results for the quarter and provided upbeat guidance. As announced by the company Founder and CEO Art De Geos will step down [...]
font size Cisco CEO Chuck Robbins. Pau Parina/AFP/Getty Images Cisco Shares rose in late trading on Wednesday, after the networking giant showed signs of improvement in orders for its products. Cisco’s forecasts for the 2024 fiscal year were lower than Wall Street’s estimates, but the results of the company’s fourth [...]
font size Target lowered its full-year earnings guidance, citing recent sales trends. Justin Sullivan/Getty Images Goal It beat analyst expectations for second-quarter earnings, sending shares higher on Wednesday. Earnings were $1.80 per share, compared to expectations of $1.43. The shares were up 8% in pre-market trading. However, poor sales prompted [...]
font size Stock futures rose modestly on Wednesday. Dream time Stock futures pointed to a slight uptick at the start of Wall Street on Wednesday after stocks fell after retail sales data sent bond yields higher. The Federal Reserve will release the minutes of the central bank’s meeting on July [...]
