Equities Archives - Page 126 of 1061

2 minute read

Energy Shift: Shell Offloads Singapore Energy And Chemicals Park To Glencore-Chandra Asri Capital Joint Venture

May 8, 5:36 AM

Shell plc announces the sale of its Energy and Chemicals Park in Singapore to CAPGC Pte. Ltd., a joint venture between Chandra Asri and Glencore, as part of its strategic business optimization. The agreement includes the transfer of all assets and contracts, enhancing CAPGC's position in the global market.

GLNCY

2 minute read

Tim Cook Kicked Off iPad Event By Hyping Up Apple Vision Pro, Top Analyst Says It’s ‘Just A Reminder’ While Jim Cramer Says ‘It’s Not A Bust’

By Rounak Jain

May 8, 4:51 AM

Apple CEO Tim Cook's repeated emphasis on Vision Pro at events poins at the company being "all in" on the product, said Gene Munster.

AAPL

2 minute read

Reddit, Rivian, Lyft, Uber, Tesla: Why These 5 Stocks Are On Investors’ Radars Today

By Benzinga Neuro

May 8, 12:04 AM

Tuesday saw the major U.S. indices end the day mixed. The Dow Jones Industrial Average saw a modest uptick of 0.08%, reaching 38,884.26.

LYFT

2 minute read

Cathie Wood’s Ark Invest Swoops In To Buy The Palantir Dip — Purchases Stock Worth $29M — Offloads Coinbase Shares Worth Over $15M Amid Softening Bitcoin Price

By Benzinga Neuro

May 7, 11:27 PM

On Tuesday, the Cathie Wood-led Ark Invest made some significant trades.

ARKF

2 minute read

Disney’s Bob Iger Confident In Landing Long-Term NBA Rights Deal As Media Giant Enhances Streaming With ESPN Tile And Shifts Marvel Strategy

By Kaustubh Bagalkote

May 7, 11:18 PM

The Walt Disney Company is making major moves to enhance its streaming offerings and superhero content strategy, while expressing confidence in securing long-term NBA rights, according to remarks from the CEO on the company's second-quarter 2024 earnings call.

CMCSA

3 minute read

Will The Apple Pencil Pro Work With Your iPad? Here’s What The Buyers Need To Know

By Kaustubh Bagalkote

May 7, 9:49 PM

Apple Inc. has expanded its Apple Pencil lineup, offering four distinct models with varying features and compatibility. The new model was announced on May 7, at the "Let Loose" event.

AAPL

2 minute read

Biden Administration Tightens Grip On China’s Huawei, Revokes Key Export Licenses From US Chipmakers

By Piero Cingari

May 7, 4:23 PM

The Biden admin revoked export licenses to Intel and Qualcomm, escalating US efforts to curb Huawei's tech ascent due to national security concerns.

AMD

2 minute read

Laboratory Instruments Company Waters Corp Projects Steady Growth Amid Global Sales Fluctuations: Details

By Anusuya Lahiri

May 7, 2:55 PM

Waters Corp (NYSE: WAT) reported Q1 2024 sales of $636.8 million, beating analyst consensus. Quarterly rev declined 7%. Adjusted EPS was $2.21, beating Wall Street estimate. Outlook: full-year org constant currency sales growth -0.5% to +1.5%, and Q2 org constant currency sales decline (6)% - (4)%. Stock gained 9% in last 12 months. WAT shares trading higher at $322.12.

WAT

1 minute read

On Holding To Gain From Pace Of Product Introductions & Margin Expansion In Q1: Analyst

By Nabaparna Bhattacharya

May 7, 2:35 PM

On Holding receives an Outperform rating with a $37 price target from Telsey Advisory Group, banking on strong Q1 pace of product launches and margin growth.

ONON

2 minute read

Dental Supplies Distributor Henry Schein’s Tech Segment Provides Some Stability In Challenging Macro Times: Analyst

By Vandana Singh

May 7, 2:27 PM

Henry Schein reports Q1 adjusted EPS at $1.10, down 9% Y/Y, with sales at $3.17 billion, up 3.7%. Guidance projects 2024 sales growth at 8%-10%, reaffirming adjusted EPS guidance of $5.00-$5.16. William Blair attributes the EPS beat to margin expansion driven by technology and value-added services.

HSIC