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Wedbush’s Dan Ives Says WWDC 2024 Is ‘Most Important Event For Apple In Over A Decade’: What To Expect

By Erica Kollmann
June 4, 4:52 PM
Wedbush analyst Dan Ives believes next week's Worldwide Developers Conference (WWDC) will be a "pivotal moment" for Apple, Inc. (NASDAQ:AAPL) as he sees it ushering in the company's next growth cycle, driven by artificial intelligence (AI). 

AAPL

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Oil Prices Drop For Fifth Straight Session, Hit 4-Month Low On Growth Concerns, ‘Bearish’ OPEC+ Meeting

By Piero Cingari
June 4, 4:49 PM
Oil prices drop for 5th day due to economic growth concerns & OPEC+ supply decision. U.S. economic data raises fears of slowdown, affecting demand.

USO

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Lululemon Athletica Recovering From Merchandising Missteps, Says Analyst

By Shivani Kumaresan
June 4, 3:10 PM
Oppenheimer analyst Brian Nagel reiterated an Outperform rating for Lululemon Athletica with a $445 price target. Despite a 35% drop in shares post-Q4 results, Nagel remains optimistic, noting a stable EPS forecast and potential recovery from merchandising missteps.

LULU

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Nvidia Maintains Lead As Key AI beneficiary, Analyst Boosts Estimates After Taiwan Event

By Anusuya Lahiri
June 4, 2:24 PM
Mizuho analyst notes Nvidia's continued growth potential with upcoming products, raising price target for Buy ratings on Nvidia, AMD, and Intel.

AMD

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Superior Group Of Companies Set For Growth In $4B Healthcare Apparel Market: Analyst

By Priya Nigam
June 4, 12:27 PM
Superior Group of Companies (NASDAQ: SGC) climbs on positive outlook from analyst Keegan Cox, citing growth potential in healthcare apparel and branded products.

SGC

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Roaring Kitty’s GameStop Options Could Be Worth $54M, But Cashing Out Might Be Tricky: ‘Everybody’s Hyper Aware Of This Now’

By Benzinga Neuro
June 4, 11:26 AM
The size of the position and the attention on GameStop could make selling the options or taking delivery of the underlying shares problematic.

GME

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Sunoco, NuStar Acquisition Concerns ‘Do Not Justify Stock’s Underperformance’: Analyst

By Priya Nigam
June 4, 11:12 AM
Sunoco has underperformed since March. It's down 22%, despite the company's "fundamental tailwinds," according to Mizuho Securities.

SUN

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This MedTech Company Has Market Expansion Opportunity, Says Bullish Analyst

By Priya Nigam
June 4, 11:10 AM
Strong data from TransMedics' clinical trials is expected to drive adoption. Longer-term, the annual market opportunity is $1.5 billion.

TMDX

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Indian Stocks Tumble The Most Since March 2020 With Modi’s Party Set To Lose Majority

By Piero Cingari
June 4, 10:42 AM
Indian stock market drops as Modi's coalition is predicted to lose majority. Nifty 50 index fell by 5.9%, worst since March 2020. US investors face volatility with Indian ETFs.

INDY

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Hewlett Packard Trends Bullish Ahead Of Q2 Earnings: AI Servers, High Margin Offerings To Drive Growth

By Surbhi Jain
June 4, 10:36 AM
Hewlett Packard is poised to benefit from AI demand; The company's stock is up 19.51% over the past year and 5.71% year-to-date.

HPE

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