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Category: Live News

Pure Storage stock soars 22% on strong earnings and optimistic revenue forecast

From Barchart: 2024-12-04 07:38:00 Pure Storage (NYSE:PSTG) stock price surged over 22% in pre-market trading after beating third-quarter earnings expectations.

December 4, 2024

Salesforce shares surge 13% after strong annual guidance and AI investments

From Financial Modeling Prep: 2024-12-04 07:36:00 Salesforce Inc. (NYSE:CRM) shares surged by 13% in pre-market trading after announcing strong annual

December 4, 2024

CFRA downgraded Bristol-Myers Squibb from Buy to Hold due to concerns over key drug revenue erosion

From Financial Modeling Prep: 2024-12-04 07:33:00 CFRA downgraded Bristol-Myers Squibb (NYSE:BMY) from Buy to Hold, maintaining a price target of

December 4, 2024

Key market movers include Powell's speech hinting at pause in rate hikes, Salesforce's strong earnings, and French strikes

From Financial Modeling Prep: 2024-12-04 05:36:45 Global markets are abuzz with Federal Reserve Chair Jerome Powell’s speech, Salesforce’s earnings, and

December 4, 2024

S&P 500 and Nasdaq hit record highs on strong corporate earnings and positive economic data

From Financial Modeling Prep: 2024-12-04 05:36:01 The U.S. stock market hits record highs as the S&P 500 and Nasdaq close

December 4, 2024

Mixed European markets due to political tension in France, with positive industrial production data for some

From Financial Modeling Prep: 2024-12-04 05:35:27 European stock markets began the day with a mixed start, with political unrest in

December 4, 2024

Asian stocks slide as South Korea faces political turmoil causing economic concerns

From Financial Modeling Prep: 2024-12-04 05:34:41 Most Asian markets dropped, led by South Korea, due to President Yoon’s martial law

December 4, 2024

Bank of America predicts strong S&P 500 growth, stable bond yields, fading dollar strength.

From Financial Modeling Prep: 2024-12-04 05:33:54 Bank of America analysts project the S&P 500 to hit 6666 by 2025, driven

December 4, 2024

The S&P 500's valuation has surged, driven by strong earnings growth, but overheating risks loom.

From Financial Modeling Prep: 2024-12-04 05:33:23 The S&P 500 has seen a significant valuation boost in recent years, driven by

December 4, 2024

JPMorgan predicts positive outlook for U.S. economy in 2025 driven by AI investments and policies

From Financial Modeling Prep: 2024-12-04 05:30:13 JPMorgan predicts a positive outlook for the U.S. economy in 2025, driven by AI

December 4, 2024

Volvo Cars sales increase 5% in November 2024 due to strong demand in Europe and U.S.

From Barchart: 2024-12-04 05:29:21 Volvo Cars saw a 5% increase in global vehicle sales in November 2024, selling 66,977 units.

December 4, 2024

Bitcoin stays at $96K, altcoin rally pauses after post-Trump re-election rally

From Barchart: 2024-12-04 05:26:25 Bitcoin’s price holds steady at $96,000 post-Trump re-election rally, with altcoins cooling off. Analysts cite profit-taking

December 4, 2024

Bank of America's Sell Side Indicator at historic highs, signaling optimism but caution warranted.

From Financial Modeling Prep: 2024-12-04 05:25:37 Bank of America’s Sell Side Indicator shows high equity allocation among strategists, signaling optimism

December 4, 2024

Zscaler shares drop 4% on soft guidance and CFO retirement, with slowed billings growth

From Financial Modeling Prep: 2024-12-03 10:29:00 Zscaler (NASDAQ:ZS) shares dropped 4% after issuing weaker guidance for the current quarter, despite

December 3, 2024

Positive. Adobe is positioned for growth with AI opportunities and trading at a discount.

From Financial Modeling Prep: 2024-12-03 10:26:00 DA Davidson analysts reiterated a Buy rating on Adobe, citing strong growth and margin

December 3, 2024

Salesforce's price target raised to $380 based on growth and AI monetization potential

From Financial Modeling Prep: 2024-12-03 10:24:00 CFRA analysts raised Salesforce.com’s price target to $380, citing growth stabilization and margin expansion

December 3, 2024

Analysts raised WEC Energy Group's price target to $104 based on improved forecast, positive outlook.

From Financial Modeling Prep: 2024-12-03 10:21:00 BMO Capital analysts raised WEC Energy Group’s price target to $104 and maintained a

December 3, 2024

First Solar's price target raised to $250, benefiting from antidumping duties on solar panel imports

From Financial Modeling Prep: 2024-12-03 10:18:00 Piper Sandler analysts raised First Solar’s price target to $250 from $210, maintaining an

December 3, 2024

Analysts raised Robinhood Markets price target to $42 ahead of positive investor day.

From Financial Modeling Prep: 2024-12-03 10:15:00 Piper Sandler analysts increased their price target for Robinhood Markets to $42 ahead of

December 3, 2024

Prosus N.V. exceeded expectations with strong financial performance driven by e-commerce growth

From Barchart: 2024-12-03 04:02:32 Prosus N.V. (PNK:PROSY) exceeded expectations with earnings per share of $0.284 and revenue of $3.106 billion,

December 3, 2024

SentinelOne expected to report EPS of $0.01 and revenue of $209.7 million on December 4.

From Financial Modeling Prep: 2024-12-03 04:00:03 SentinelOne, traded as NYSE:S, is expected to reveal an EPS of $0.01 and revenue

December 3, 2024

Veeva Systems expected to report strong YoY growth in EPS and revenue.

From Barchart: 2024-12-03 03:00:04 In the cloud-based software industry, Veeva Systems Inc. (NYSE:VEEV) serves the life sciences sector with CRM,

December 3, 2024

Credo Technology Group Holding Ltd. (NASDAQ:CRDO) beats earnings expectations but falls short on revenue.

From Barchart: 2024-12-03 02:06:33 Credo Technology Group Holding Ltd. (NASDAQ:CRDO) excels in secure, high-speed connectivity solutions despite financial challenges. Earnings

December 3, 2024

Dollar Tree, Inc. set to announce quarterly earnings with estimated EPS of $1.07 and $7.45 billion revenue

From Financial Modeling Prep: 2024-12-03 02:00:04 In summary, Dollar Tree, Inc. is a prominent discount retail chain in the US,

December 3, 2024

Alico, Inc. exceeded revenue expectations in Q4 2024, with strong financial metrics.

From Financial Modeling Prep: 2024-12-03 01:02:49 Alico, Inc. (NASDAQ:ALCO) exceeded revenue expectations in Q4 2024, reporting $935,000 compared to the

December 3, 2024

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