Equities Archives - Page 135 of 1061

2 minute read

‘AI Revolution Now Coming To Cupertino:’ Tech Bull Says Betting Against Apple’s Tim Cook Has Been ‘Proven Wrong Again And Again’

May 4, 2:23 AM

Apple's highly-anticipated AI strategy, set to be announced at WWDC in June, has Wedbush's Dan Ives excited about iPhone sale prospects.

AAPL

2 minute read

Apple Eyes Best Session Since Late 2022, Breaks Above 200-Day Average For First Time In 4 Months

By Piero Cingari

May 3, 3:27 PM

Apple's stock surges over 6% on Friday, surpassing its 200-day moving average for the first time since Jan 2024. This was driven by a strong quarterly report and a record-breaking share buyback program.

AAPL

2 minute read

Genomics firm Twist Bioscience’s Momentum To Continue Throughout 2024, Analyst Says

By Vandana Singh

May 3, 2:45 PM

Twist Bioscience reports strong Q2 earnings, with sales up 25% YoY to $75.3M and orders increasing by 45%. Gross margin expands to 41%. Fiscal year guidance was raised, and William Blair sees continued growth momentum. Analysts reaffirm Outperform ratings.

TWST

3 minute read

Expedia Faces Challenges: Analysts Concerned About Vrbo’s Slow Start and B2C Growth

By Anusuya Lahiri

May 3, 2:28 PM

Benchmark analyst reiterated Buy rating and $180 price target for Expedia. Lowered guidance for slower growth and increased marketing spend.

BEDZ

2 minute read

‘Why Isn’t Buffett Calling Cook Out?’ Question Redditors On Apple’s Largest-Ever Share Buyback

By Surbhi Jain

May 3, 2:14 PM

Apple's $110 billion buyback sparks debate among investors and Redditors. Some question wisdom of buyback as iPhone sales decline. #AAPL

AAPL

2 minute read

Stocks Rally As Jobs Report Rekindles Rate Cut Hopes, Apple Rockets, Bitcoin Soars Above $61,000: What’s Driving Markets Friday?

By Piero Cingari

May 3, 1:51 PM

A weaker-than-expected jobs report sparked a widespread market rally in the last session of the week, as traders increased expectations on potential interest rate cuts later this year.

AMGN

2 minute read

From Speculation To Revelation: JPMorgan Reportedly Unveils IndexGPT AI Tool

By Shivani Kumaresan

May 3, 1:43 PM

A year after sparking speculation with its trademark application for "IndexGPT," JPMorgan Chase is reportedly revealing the product's details.

2 minute read

Newly Listed Migraine-Focused AEON Biopharma Stock Plunges On Friday – Read Here Why

By Vandana Singh

May 3, 1:11 PM

Preliminary results of AEON Biopharma's Phase 2 trial for chronic migraine treatment reveal no significant improvement over placebo. Despite anticipated reductions in monthly migraine days, statistical significance was not reached, prompting a review of development strategies and financial measures.

AEON

1 minute read

Why Is Automotive Seating Company Adient Stock Falling After Q2 Earnings?

By Nabaparna Bhattacharya

May 3, 12:47 PM

Adient Plc shares dip post-Q2 earnings, despite beating adjusted EPS but missing sales estimates, as it lowers FY24 outlook.

ADNT

2 minute read

What’s Going On With Post-It Maker 3M Shares Today?

By Shivani Kumaresan

May 3, 12:10 PM

3M boosts manufacturing capacity with a $67 million expansion in Nebraska, creating 40 new jobs. The 90,000-square-foot facility in Valley will enhance production of essential safety products, including reusable respirators and hearing protection.

MMM