Equities Archives - Page 132 of 1061

2 minute read

Why Is Spirit Airlines Stock Diving Today?

May 6, 10:17 AM

Spirit Airlines reported Q1 2024 revenue decline, missing consensus. EPS loss was $(1.46). Load factor down, new aircraft delivered, AOG credits from Pratt & Whitney, and deferral of aircraft deliveries expected to improve liquidity.

SAVE

2 minute read

Palantir Bulls Take Charge As Analysts Await Q1 Earnings For AI Platform Impact Assessment

By Surbhi Jain

May 6, 9:49 AM

Palantir Technologies Inc (NYSE:PLTR) will report Q1 earnings on Monday. Analysts expect 8 cents EPS and $625.43 million revenue. Stock is up 208.60% over the past year and 35.88% YTD. Technical indicators suggest bullish sentiment, with average price target of $25.33 from analysts.

PLTR

2 minute read

Why Veteran Wall Street Investor Believes We’re Still In A Bull Market

By Piero Cingari

May 6, 9:43 AM

Wall Street veteran Ed Yardeni sees continued growth potential in a bull market, supported by a more cautious Fed, positive earnings, and reduced market volatility.

QQQ

1 minute read

What’s Going On With Tyson Foods Stock Post Mixed Q2 Results?

By Shivani Kumaresan

May 6, 9:30 AM

Tyson Foods reports mixed Q2 results with sales dipping slightly but gross profit soaring. Despite a 0.46% sales decline, Beef and Pork sales surged, while Chicken saw a slight downturn. Gross profit spiked 64.3%, marking significant growth. With adjusted EPS beating estimates, the company shows resilience amid market challenges.

TSN

1 minute read

What’s Going On With Insurance Company Loews’ Shares Monday?

By Lekha Gupta

May 6, 8:52 AM

Loews Corp reported Q1 FY24 results with net income of $457M, EPS of $2.05, and revenues of $4.23B. CNA & Boardwalk Pipelines also see increases. Loews has $3.2B cash, repurchased 0.9M shares, and has 222.1M outstanding.

ABEQ

1 minute read

Why Pet Food Company Freshpet’s Shares Are Jumping Today

By Shivani Kumaresan

May 6, 8:50 AM

Freshpet Inc surges on solid Q1 FY24 earnings, beating sales estimates with a 33.6% YoY growth to $223.85 million. Gross profit skyrockets by 73.6%, reaching $88.2 million, as margins expand to 39.4%. Improved efficiency and lower input costs drive profitability, while adjusted EBITDA soars to $30.6 million.

FRPT

2 minute read

Apple’s Largest iPhone Manufacturer Reports Its Best-Ever April Revenue Amid ‘Stronger’ iPhone Demand

By Rounak Jain

May 6, 8:46 AM

This comes at a time when Apple's iPhone sales have reportedly fallen by 16% globally in the first three months of 2024, compared to a year

AAPL

2 minute read

Target’s Ambitious Growth Beyond Borders: Reportedly Broadens Sales Horizons Beyond Own Stores

By Shivani Kumaresan

May 6, 8:20 AM

Target Corp is reportedly extending its reach beyond its own stores by expanding sales of its private-label brands at other retailers.

1 minute read

Shell Pumps The Brakes in Malaysia, Gas Station Network Reportedly Up for Sale For $1B

By Lekha Gupta

May 6, 7:35 AM

Shell is reportedly in talks with Saudi Aramco to sell its Malaysia gas station business for $1B. Plans to divest 500 stations this year, focus on profitable ventures.

SHEL

1 minute read

KKR Goes Surgical: Snags Indian Medical Devices Company Healthium From Apax

By Lekha Gupta

May 6, 7:18 AM

KKR to acquire Healthium from Apax Partners. Healthium, an Indian medical devices company, will use KKR's global network and expertise to grow.

KKR