Why American International Group Shares Are Down Today
Analyst downgrades AIG to Neutral, raises price target to $77. Expects difficulties in 2024 due to Validus sale and lower EPS from divestment.
Rivian Q4 Earnings Preview: EV Market Jitters, R2 Debut Looms
Rivian reports fourth quarter financial results Wednesday. A look at key estimates from analysts and items to watch.
SSR Mining May Realize Even Lower Value From Copler Mine, Says Bearish Analyst
Shares of SSR Mining Inc (NASDAQ: SSRM) continued to decline in earlier trading on Tuesday, after joining other stocks that ended the premarket session
Why Nike Shares Are Sinking Today
Nike downgraded by Oppenheimer analyst, amid the company's plan to cut 1,600 jobs to save costs. The analyst expects top-line trends at the enterprise to remain sluggish and below algo in the next several quarters.
Roku Stock Down 22% Despite ‘Almost Perfect Quarter’: Analyst Expects Stock To Be ‘Range-Bound Until Platform Growth Returns’
Roku stock slid on lower early trading on Feb. 16 due to a cautionary statement on 2024 spending deceleration in the entertainment industry. Despite a Q4 earnings beat, analysts have mixed opinions on the company's future growth.
Roku Stock Is Tumbling Friday – Here’s Why
Roku's stock down 17.6% after reporting Q4 results above expectations. Company adds 4.2 million accounts and expects Q1 revenue of $850 million.
Sony and Seagate to Increase HDD Capacity to 30TB, Aim to Meet Growing Data Center Demands
Sony to mass produce laser diodes, doubling HDD capacity to 30TB by May. Plans to invest $33M to expand facilities in Japan and Thailand. 22% sales growth reported.
Morgan Stanley Downgrades US Steel, Cleveland-Cliffs; Reliance, Hecla Mining Release Results And More — Thursday’s Top Mining Stories
Top Stories for Feb. 15, 2024:
1. Morgan Stanley analyst Carlos De Alba downgraded United States Steel Corporation (NYSE: X) from Overweight to Equal-Weight and raised his price target from $40 to $51.
Is Airbnb ‘Reinventing’ Itself With AI? 11 Analysts Deep Dive Into Q4 Results, Outlook
Shares of Airbnb Inc (NASDAQ: ABNB) tanked in early trading on Wednesday, after the company reported upbeat revenues for the fourth quarter.
Why Is Diagnostic Maker QuidelOrtho Stock Crashing Wednesday?
QuidelOrtho's Q4 2023 EPS at $1.17, below consensus $2.05. Sales: $742.6M, missing estimate $796.91M. Respiratory revenue down 49%. William Blair downgrades to Market Perform.