Equities Archives - Page 21 of 1061

2 minute read

Cathie Wood-Led Ark Invest Sells $1.5M Worth Of Robinhood Shares Amid Muted Bitcoin Market — Also Dumps Zoom Stock Worth $3.3M

June 12, 11:22 PM

Ark Invest, led by Cathie Wood, made significant trades on Wednesday involving Robinhood Markets Inc (NASDAQ:HOOD) and Zoom Video Communications Inc (NASDAQ:ZM).

ARCT

2 minute read

Nividia, Apple, Arm, Broadcom, Tesla: Why These 5 Stocks Are On Investors’ Radars Today

By Benzinga Neuro

June 12, 10:24 PM

Major U.S. indices had a mixed performance on Wednesday. The Dow Jones Industrial Average closed slightly down by nearly 0.1% at 38,712.21.

AAPL

3 minute read

Fed Chair Powell Tempers Market Excitement: ‘We Want To Gain Further Confidence’ On Inflation

By Piero Cingari

June 12, 3:50 PM

Powell dampens enthusiasm for rate cuts, says more data needed for confidence. Fed holds rates steady as labor market improves.

GLD

2 minute read

Goldman Sachs Analyst Reaffirms Buy on Rubrik Despite Quarterly Losses, Highlights Strong ARR Growth

By Lekha Gupta

June 12, 2:22 PM

Goldman Sachs analyst maintains Buy rating on Rubrik, with a $48 price target. Rubrik reported Q1 results and expects positive growth.

RBRK

2 minute read

Nike To Gain From Innovation Reacceleration And Strengthening Inventory Backdrop, Goldman Sachs Analyst Says

By Shivani Kumaresan

June 12, 1:55 PM

Goldman Sachs analyst Brooke Roach has reiterated a Buy rating on Nike with a target price of $118. Roach is optimistic about Nike's innovative strides, especially ahead of the F4Q earnings call scheduled for June 27. The analyst anticipates detailed discussions on Nike's future innovations and strategies for scaling these developments.

NKE

1 minute read

Haemonetics’ Strategic Moves Poised To Boost Margins And Earnings, Says Analyst

By Lekha Gupta

June 12, 1:34 PM

Analyst upgrades Haemonetics to Buy, believes company can reach high-20% operating margin goal by FY26 through product mix analysis. Price target set at $112.

HAE

2 minute read

Bulls Push Wall Street To Record Highs On Declining Inflation; Tech, Real Estate, Small Caps Surge Ahead Of Fed Meeting: What’s Driving Markets Wednesday?

By Piero Cingari

June 12, 1:26 PM

A lower-than-expected inflation report for May ignited a bullish frenzy on Wall Street, with investors increasing their bets on rate cuts, bolstered by growing confidence that the Federal Reserve will ease its policy stance later this year as price pressures trend

$DOGE

2 minute read

Apple & Mastercard’s Move Have Raised The Competition For PayPal: BofA Analyst

By Lekha Gupta

June 12, 1:20 PM

The analyst maintains a Neutral rating on PayPal due to competitive challenges from new services like Tap to Cash and tokenization plans from Apple and Mastercard. Despite sensible moves by PayPal's leadership, the complex competitive landscape may limit its growth and stock performance.

AAPL

2 minute read

Meta Faces Rising Risk Of Free-Cash-Flow Burn As Creator Payouts Evolve, Says Analyst

By Shivani Kumaresan

June 12, 12:58 PM

BMO Capital analyst Brian Pitz reiterated a Market Perform rating for Meta Platforms with a price target of $450, highlighting the growing pressures on social media platforms to increase creator payouts to retain quality content. Pitz noted that enhancing payouts for longer-form content could raise Meta's annual revenue costs by $3-5 billion.

Goldman Sachs Analyst Questions Autodesk’s Revenue Growth And Total Addressable Market Targets

By Anusuya Lahiri

June 12, 12:40 PM

Goldman Sachs analyst maintains Sell rating on AutoDesk Inc with lowered price target of $225. Believes company has strong competitive positioning and may achieve 40% operating margins in long term. Concerns about sustainability of FCF due to internal investigation.

ADSK