Equities Archives - Page 76 of 1061

1 minute read

Norfolk Southern’s Operational Turnaround To Drive Over 20% EPS Growth Through 2027, Analyst Says

May 23, 2:01 PM

Upgraded to Outperform with $270 price target by RBC analyst due to expected improvement in operating ratio and EPS growth, making NSC an attractive investment opportunity.

FTXR

2 minute read

Why UK’s National Grid Shares Are Diving Today

By Lekha Gupta

May 23, 1:39 PM

National Grid plc's shares down after reporting lower FY24 revenue, with 32% increase in EPS. Plans to invest $75 billion in US and UK over 5 years.

APIE

2 minute read

Nvidia’s AI Dominance Leaves Intel, AMD Scrambling For Second Place

By Rounak Jain

May 23, 1:25 PM

Following Nvidia's blowout quarter and dominance in the AI chips market, rivals Intel and AMD are now in the race for the second place.

AMD

2 minute read

Nvidia’s 10% Leap Propels Tech Indexes To Record Highs; Blue Chips, Small Caps Slip: What’s Driving Markets Thursday?

By Piero Cingari

May 23, 1:21 PM

Strong earnings and revenue guidance from Nvidia sparked a tech stock surge, with Nasdaq 100 and S&P 500 hitting record highs.

ASML

2 minute read

Inflation Stresses Retail Traders As Fed Cuts Look Unlikely, Crypto Doubts Increase: Survey

By Piero Cingari

May 23, 12:59 PM

Inflation remains a top concern, according to the Trader Sentiment Survey from Charles Schwab. Is crypto worth the risk?

VNQ

1 minute read

Why Software Company Cellebrite Shares Are Up Today

By Lekha Gupta

May 23, 12:58 PM

Cellebrite DI reported strong Q1 FY24 results with revenue up 26% YoY, ARR at $331.8 million, and EPS beating consensus. Outlook remains positive with expected revenue of $90M-$94M in Q2 and $370M-$380M for FY24.

CLBT

2 minute read

NIO Down Over 8% On Thursday – What’s Going On?

By Nabaparna Bhattacharya

May 23, 12:48 PM

NIO shares plummet over 8%. The company's founder eyes European expansion amid concerns over potential EU tariffs on Chinese EVs, impacting broader market sentiment.

KGRN

1 minute read

Shoe Carnival +5% After Q1 Earnings – What’s Going On?

By Nabaparna Bhattacharya

May 23, 12:27 PM

Shoe Carnival surges 5% post Q1 earnings beat, driven by strong net sales growth and increased gross profit margins.

SCVL

1 minute read

Why Morgan Stanley Shares Are Falling Today

By Nabaparna Bhattacharya

May 23, 12:16 PM

Morgan Stanley shares slide as Executive Chairman James Gorman announces resignation plans and concerns over executive pay awards surface amidst shareholder meeting outcomes.

2 minute read

Xiaomi’s Q1 Revenue Soars 27% As Global Smartphone Shipments Surge, Eyes Ambitious EV Goals

By Shivani Kumaresan

May 23, 12:11 PM

Xiaomi reported a 27% revenue increase for Q1 2024, reaching RMB75.51 billion. The company's global smartphone shipments rose 33.7% to 40.6 million units, while IoT devices on Xiaomi's AIoT platform surged 27.2% to 786.1 million. Despite a 1% net income decline, signs of recovery in the mobile market are evident. Xiaomi aims to deliver 120,000 SU7 electric vehicles this year.

AAPL