Amazon, AMD, Super Micro Computer, Starbucks, Tesla: Why These 5 Stocks Are On Investors’ Radars Today
On Tuesday, the main U.S. stock indexes closed lower, with the Dow Jones Industrial Average finishing down 1.5%…
April Showers On Wall Street: Miners, Utilities Emerge As Bright Spots In Gloomy Market
Performance in April 2024: Utilities lead, real estate lags. S&P 500, Nasdaq 100, Dow Jones Industrial Average, small-cap and large-cap indices all decline.
S&P 500, Nasdaq 100 Snap 5-Month Winning Streak In April As Inflation Reality Check Hits Bullish Sentiment
US stock market breaks 5-month winning streak due to inflation fears. Q1 earnings positive, but CPI and PCE reports show higher than expected inflation.
AMD Investors Pull Back After Modest Q1 Beat, CEO Touts AI Chip Ramp-Up
AMD kept the ball rolling on tech earnings, with its first-quarter report among the closely watched due to the company's exposure to AI.
Amazon Q1 Earnings Highlights: Revenue Beat, EPS Beat, AWS Hits $100-Billion Annual Run Rate And More
Amazon.com reported first-quarter financial results Tuesday. A look at the key highlights and breakdowns of AWS, Prime Video and more.
Can Weakening Credit Quality Impact SoFi Technologies Fair Value Marks? Analysts See Tech Growth, Comfortable Total Capital Ratio
Analysts foresee potential impact on SoFi Technologies' fair value marks due to weakening credit quality, despite optimism in tech growth and total capital ratio comfort.
Why Chegg Shares Are Plummeting Today
Chegg shares drop as analysts cut price target after Q1 results and weak Q2 revenue guidance, new CEO appointed.
Penske Automotive Reports Slight Revenue Uptick, CEO Touts ‘Recovery Across Used Vehicles’
Penske Automotive Group (NYSE: PAG) sees stock dip as Q1 earnings miss estimates, impacted by higher interest costs and lower equity earnings.
Coursera’s Slowdown In Growth Likely Remains Near-Term Overhang, Analyst Says
Goldman Sachs reiterates a sell rating, reducing the price target to $10.5. Q1 revenue fell short due to lower user funnel conversion and delayed content launches. Net revenue retention declined to 94%, reflecting ongoing enterprise challenges. Cantor Fitzgerald maintains an overweight rating, adjusting the price target to $21. Coursera's revenue fell below guidance for the first time in seven quarters, despite adding 7 million new learners.
American Electric Power Reports Q1 Revenue Miss, Plans $27B Investment To ‘Enhance Resiliency’
American Electric Power closed the sale of its New Mexico solar assets in February.