General Archives - Page 20 of 2367

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

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

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.

Ozempic Maker Novo Nordisk Closes In On Lego As Denmark’s Most Valuable Brand: Report

By Shivani Kumaresan

June 12, 12:21 PM

Novo Nordisk is challenging Lego A/S for the title of Denmark's most valuable brand, with its brand value surging 59% to $5.1 billion. This growth is fueled by the global popularity of its weight-loss drugs, Ozempic and Wegovy.

AAPL

1 minute read

What’s Going On With TV streaming platform Roku’s Shares On Wednesday?

By Shivani Kumaresan

June 12, 11:55 AM

Roku has launched Roku Exchange, a cutting-edge advertising technology solution that seamlessly connects premium ad inventory with advertiser demand. This new platform integrates Roku's extensive advertising capabilities with advanced identity data and AI-driven optimization.

ROKU

4 minute read

What Does Europe’s ‘Tilt Rightward’ Really Mean And Is The FTSE Europe ETF Worth Buying Now?

By Kenneth Rapoza

June 12, 11:27 AM

By now, we have all heard that Europe had a fairly decisive turn rightward over the weekend in parliamentary elections.

BCUCF

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Analyst Predicts AI, Crypto Could Inject $20 Trillion Into The Global Economy By 2030

By Benzinga Neuro

June 12, 10:52 AM

Senior crypto research analyst Juan Leon emphasized the significant impact of the AI and crypto intersection, predicting it will be more substantial than anticipated.

BTC

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Amazon Faces Arbitration From Flex Drivers Demanding Employee Rights: Report

By Shivani Kumaresan

June 12, 10:34 AM

Nearly 16,000 Amazon Flex drivers have filed claims with the American Arbitration Association, alleging they are misclassified as independent contractors. The drivers seek compensation for unpaid wages and work-related costs, including mileage and cellphone use, amid growing concerns over gig economy labor practices.

AMZN

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Dell Technologies CEO Cashes In: Michael Dell To Sell 10M Shares Amid AI Boom

By Shivani Kumaresan

June 12, 10:22 AM

Michael Dell, the CEO of Dell Technologies, is poised to sell 10 million shares for about $1.3 billion, potentially marking his largest annual sell-off ever, exceeding his previous record during the 1999 internet bubble.

DELL

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Why Fashion Retailer Vera Bradley’s Shares Are Plunging Today

By Shivani Kumaresan

June 12, 10:00 AM

Vera Bradley experienced a decline in shares after reporting a significant 14.6% drop in first-quarter FY25 sales to $80.6 million, falling short of expectations by nearly $10 million.

VRA

2 minute read

Aon Launches $350M War Risk Insurance Scheme For Ukrainian Businesses As Conflict With Russia Rages On

By Benzinga Neuro

June 12, 9:46 AM

War risk insurance covers losses due to conflict, and after Russia's invasion, foreign insurers had largely withdrawn from offering such coverage in Ukraine.

AON