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 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 Patrick Gelsinger, CEO of Intel, has made contract chip manufacturing an essential part of his strategy. Ting Xin/Bloomberg Intel has dropped its planned $5.4 billion acquisition of Israel Semiconductor tower . It’s a setback for Intel’s plans to expand its chipmaking business. Intel (ticker: INTC) said on Wednesday [...]
font size Superior Nvidia Grace CPU chip. Marlena Sloss/Bloomberg New Street Research says Wall Street analysts continue to underestimate the AI-related revenue prospects of three technology companies. “In the past few months, expectations regarding the deployment of data center AI infrastructure in 2024 have almost doubled,” analyst Pierre Virago wrote [...]
font size Home Depot reported second-quarter earnings that beat analyst estimates. Justin Sullivan/Getty Images Stock futures pointed lower on Tuesday as an increase in bond yields and growing concerns about the Chinese economy weighed on investor sentiment. Wall Street ended the previous session with gains, led by the best day [...]
font size Warren Buffett, CEO of Berkshire Hathaway, loves the homebuilding industry. Drew Angerer/Getty Images Berkshire Hathaway He took new positions in the field of housing construction, in particular the leader in this field Dr. Horton And while reducing its share general motors and eliminate sticking Makison And according to [...]
font size Hawaii Electric stock was falling on Monday. Patrick T Fallon/AFP via Getty Images Hawaii Electric Industries It was falling on Monday as wildfires in Maui weighed on the company’s stock. Wells Fargo maintained the Underweight rating on Hawaiian Electric (stock ticker: HE) stock in a report, and cut [...]
font size Stocks that could benefit from a steeper yield curve include Generac Holdings, Alphabet, and Pool Corp. and Target (above). Christopher Dilts/Bloomberg The bond market is trying to send a message to investors. Much depends on how they interpret it. In recent weeks, the yield on 10-year Treasury notes [...]
