Large Cap Archives - Page 82 of 437

2 minute read

Healthcare Analytics-Focused IQVIA Says 2023 Performance Solid Despite Challenging Macro Environment

February 14, 12:26 PM

IQVIA beats Q4 2023 sales expectations, reporting $3.87 billion (3.5% Y/Y). Adjusted EPS of $2.84 exceeds guidance. IQV's 2023 performance and optimistic 2024 outlook.

IQV

3 minute read

Microsoft Detects Russian, Chinese AI Hackers: Is It Time To Add Cybersecurity To Your Portfolio?

By Neil Dennis

February 14, 12:18 PM

AI-driven cybercriminals targeting government and corporate records are pushing for increased AI deployment. Companies like Microsoft and OpenAI are detecting and banning state-backed hacking groups.

CIBR

2 minute read

Barrick Gold’s Q4: Earnings Shine, Buyback Glitters & More

By Lekha Gupta

February 14, 11:14 AM

Barrick Gold Corp reported Q4 earnings beat, strong partnerships, and strategies. Adjusted EPS beats consensus. Cash and cash equivalents at $4.15B. New share buyback program authorized.

GOLD

1 minute read

What’s Going On With Broadcom Shares Wednesday?

By Lekha Gupta

February 14, 10:11 AM

Broadcom and Google Cloud partner to support license portability of VMware Cloud Foundation to Google Cloud VMware Engine.

AVGO

2 minute read

VIX Hits 3-Month High: Market Turns To Stocks Braving ‘Last Mile In The Inflation Battle’

By Neil Dennis

February 14, 9:58 AM

Small caps & growth stocks out, utilities & energy in after surprise inflation reading plunges US equity markets.

CVX

2 minute read

Why Is Energy Company EQT Stock Sliding Today?

By Lekha Gupta

February 14, 9:35 AM

EQT Corp reports Q4 FY24 revenue of $1.549 billion, below consensus, with adjusted EPS of $0.48 missing expectations. Production reaches 564 Bcfe, driven by operational efficiency gains, but the average realized price dips to $2.75/Mcfe. With 2024 sales volume projections of 2,200 – 2,300 Bcfe and strategic capex plans, EQT navigates midstream constraints, eyeing growth amidst industry shifts.

EQT

2 minute read

Eversource’s Q4 Earnings Miss, Offshore Wind Business Exit, Eyes Water Distribution Business Sale & More

By Lekha Gupta

February 14, 7:15 AM

Eversource Energy reported Q4 FY23 revenue of $2.69B, missing consensus of $3.24B. Adjusted earnings rose to $333.5M but adjusted EPS of $0.95 missed consensus. FY24 adjusted EPS outlook is $4.50-$4.67.

2 minute read

Magnificent 7 Lose More Than $250 Billion As Blazing Inflation Data Triggers Market Sell-Off

By Piero Cingari

February 13, 4:58 PM

U.S. stocks, including Microsoft, Apple, Alphabet, Amazon, Meta Platforms, NVIDIA, and Tesla, lost $250B in value due to high inflation data.

AAPL

2 minute read

$1 Trillion AI Gold Rush: Analyst Equates Tech Firm To ‘Messi,’ Calls NVIDIA’s Huang ‘Godfather Of AI’

By Piero Cingari

February 13, 3:28 PM

Wedbush analysts predict a $1 trillion surge in AI investments in the next decade, with companies like Palantir emerging as leaders in the field.

AAPL

2 minute read

Markets Tumble, VIX Up 8% On Hot Inflation Data, Dollar, Yields Jump As Traders Unwind Rate Cut Bets: What’s Driving Markets Tuesday?

By Piero Cingari

February 13, 3:13 PM

Wall Street witnessed one of the worst sessions since the beginning of the year, with widespread declines across the board as stocks were hit by the impact of a higher-than-expected inflation report.

ABNB