Large Cap Archives - Page 95 of 437

2 minute read

Stocks Notch 4th Straight Positive Week Driven By Tech, Meta Shines, Bonds Tank On Hot Jobs Data: What’s Driving Markets Friday?

February 2, 3:16 PM

US stock market sees fourth consecutive week of gains, driven by strong tech earnings and labor market. Total market value surpasses $12.9 trillion.

AMZN

1 minute read

This Analyst Downgrades Tractor Supply Despite EPS Beat, Cites Short-Term Hurdles

By Lekha Gupta

February 2, 3:04 PM

Raymond James analyst Bobby Griffin downgrades Tractor Supply to Outperform, citing near-term earnings challenges post Q4 results. Despite a slight miss in sales and a beat in adjusted EPS, the analyst notes pressures on TSCO's EBIT margin in 2024. Griffin anticipates a recovery in 2025.

TSCO

2 minute read

Biden Administration To Send Pharma Companies Opening Offers For Medicare Program’s First Ever Drug Price Negotiations

By Vandana Singh

February 2, 3:01 PM

The Inflation Reduction Act's impact on drug prices. Medicare challenges pharmaceutical costs, offering relief to seniors and addressing the soaring prices in the U.S. healthcare system.

ABBV

2 minute read

Activist Investor Wants Barbie Maker Mattel To Part Ways With Fisher-Price, American Girl, Seeks Organizational Changes

By Vandana Singh

February 2, 2:02 PM

Barington Capital's activist investment in toymaker Mattel. Proposed strategies, including business alternatives, stock compensation adjustments for potential share price doubling in 3 years.

MAT

2 minute read

Tesla Stock Just Made A Death Cross As Market Sentiments Shift

By Surbhi Jain

February 2, 1:44 PM

A death cross is interpreted as a sign of weakening momentum. In other words, it's a signal that the Tesla upward trend may be reversing.

TSLA

1 minute read

Industrial Supply Company W.W. Grainger Shares Are Higher After Reporting Q4 Earnings

By Lekha Gupta

February 2, 1:40 PM

W.W. Grainger's Q4 FY23 results beat expectations, reporting sales of $3.997 billion, a 5.1% YoY increase. Despite a slight miss on consensus, the company's adjusted EPS of $8.33 exceeded expectations. Grainger's upbeat performance, with an 11.5% YoY rise in adjusted operating profit, sets the stage for robust FY24 growth, projecting net sales between $17.2 billion and $17.7 billion, boosting GWW shares by 4.08% to $960.26.

GWW

1 minute read

Goldman Sachs On Exxon Mobil Q4 Performance: Focus On Upstream Strength And Cost Strategies Amid Production Surge

By Lekha Gupta

February 2, 1:31 PM

Goldman Sachs analyst Neil Mehta reacts to Exxon Mobil's Q4 FY23 earnings beat, highlighting adjusted net profit of $9.96 billion, surpassing expectations. The analyst projects FY24 revenue at $341.23 million and EPS at $8.32, with FY25 estimates reaching $348.05 million and $9.51.

XOM

1 minute read

What’s Going On With Eli Lilly Stock Today?

By Vandana Singh

February 2, 1:29 PM

Eli Lilly reveals Q4 2023 results on Feb 6. Analysts anticipate $2.19 EPS, $8.932 billion in sales. Explore recent developments and FDA inspection.

LLY

2 minute read

China Stock Rout Continues: Worst Week In 5 Years For Shanghai Index

By Neil Dennis

February 2, 1:16 PM

China stocks slumped again; the Shanghai Composite had its worst week in five years. Growth has slowed rapidly from the "tiger economy" years.

BABA

1 minute read

Why Norton Parent Gen Digital Shares Are Plummeting Today

By Lekha Gupta

February 2, 12:41 PM

Gen Digital shares fell after reporting lower-than-expected Q3 FY24 financial results, with revenue and EPS missing consensus. The company also declared a quarterly dividend and revised its full-year outlook.

GEN