Equities Archives - Page 144 of 1061

1 minute read

Analyst Doubts Macerich’s New CEO Strategy, Can They Turn Things Around?

May 1, 4:15 PM

Macerich Co (NYSE: MAC) downgraded & reduced price target by Piper Sandler. Reported Q1 sales of $208.783M & FFO of $0.33. New CEO appointed & withdrew FY24 guidance. Analyst skeptical of turnaround strategy, lowers FFO estimates for FY24 & FY25.

MAC

2 minute read

Qualcomm Q2 Earnings Highlights: Revenue Beat, EPS Beat, Record Automotive Results, On-Device AI Growth

By Chris Katje

May 1, 4:01 PM

Qualcomm reported second quarter financial results that topped expectations from analysts. A look at the highlights and guidance.

QCOM

3 minute read

Powell Keeps Hawks At Bay, Says Interest Rate Hike ‘Unlikely’: Stocks, Gold Rally, While Treasury Yields, Dollar Tumble

By Piero Cingari

May 1, 3:51 PM

Fed Chair Powell reassures markets, says rate hikes unlikely and inflation will move lower. Slower balance sheet runoff to mitigate market stresses.

QQQ

2 minute read

Seagate Poised for Growth with Rising HDD Demand and Advanced HAMR Technology: Analyst

By Anusuya Lahiri

May 1, 3:05 PM

Analyst upgrades Seagate Technology from Neutral to Outperform, with a $100 price target. HAMR technology and demand trends expected to drive profit expansion.

AVGO

2 minute read

Coca-Cola’s Refreshing Results: Analysts Bullish Despite Near-Term Concerns

By Shivani Kumaresan

May 1, 2:48 PM

Goldman Sachs maintains a Neutral rating on KO with a $60.00 price target. Analyst Bonnie Herzog highlights KO's robust Q1 organic revenue growth of 11%, exceeding expectations. Despite this, limited EPS growth potential might weigh on the stock in the near term, notes the analyst. Truist and BofA Securities analysts reiterate Buy rating.

IYK

2 minute read

Nvidia Backed AI Start-Up CoreWeave Lands New $1.1B Funding – What’s On The Cards?

By Shivani Kumaresan

May 1, 2:16 PM

CoreWeave, a cloud-computing firm backed by NVIDIA, has secured $1.1 billion in new funding, led by Coatue, with participation from Magnetar, who led the last primary round, as well as Altimeter Capital, Fidelity Management & Research Company, and Lykos Global Management.

AMZN

1 minute read

What’s Going On With Roblox Shares Today?

By Nabaparna Bhattacharya

May 1, 1:57 PM

Roblox Corporation partners with Integral Ad Science to expand immersive video ads, enhancing ad quality transparency and targeting on its platform.

IAS

2 minute read

Shell Exits Chinese Power Market, Eyes Gas Growth: Report

By Shivani Kumaresan

May 1, 1:45 PM

Shell reportedly exits China's power markets, focusing on bolstering profitability in natural gas and oil sectors. The move reflects a commitment to invest selectively in profitable ventures within the power sector, aligning with CEO Wael Sawan's vision.

HAP