Adobe Inc. (ADBE) Q1 2024 Result
Adobe Reports Record Revenue in Q1 Fiscal 2024 Adobe achieved a record revenue of $5.18 billion in Q1 FY2024, marking
Category: Top News
Adobe Inc. (ADBE) Q1 2024 Preview
Adobe Inc. (ADBE) is slated to announce its financial results for the first quarter of the fiscal year 2024 today,
Marvell Technology, Inc. (MRVL) Q4 2024 Earnings Call Key points
In our data center end market for the fourth quarter, we drove record revenue of $765 million, above our guidance,
Marvell Technology, Inc. (MRVL) Q4 2024 results
Marvell Technology, Inc. (MRVL) reported Q4 Non GAAP EPS of $0.46 in-line with estimatesRevenue $1.427 billion vs 1.42BQ1 GUIDANCE:EPS $0.23
MongoDB, Inc. (MDB) Q4 2024 Result
MongoDB, Inc. (MDB) reported Q4 2024 Non GAAP EPS of $0.86 vs the consensus of $0.47Revenue $458.0m(up 28% Y/Y) vs
Nvidia price target raised to $1000 at Mizuho
Mizuho analysts have elevated their price target for NVIDIA Corporation to $1000, simultaneously maintaining a Buy rating on the stock.
Stifel upgrades Micron price target to $120
Stifel upgraded Micron Technology’s stock from Hold to Buy with a price target of $120, citing positive trends in memory
Nvidia’s AI Chip Frenzy: Echoes of the Early 2000s Tech Boom
The technology sector is witnessing a frenetic surge in interest around Nvidia’s Artificial Intelligence (AI) chips, drawing parallels to the
Gold Soars to Record Heights Amid Global Tensions & Rate Cut Expectations
From: Barchart.com In the midst of volatile markets, gold has reached a record high of $2,141.59 per troy ounce, driven
CrowdStrike Holdings, Inc. (CRWD) surges as it beats and raises Q4 2024
CrowdStrike Holdings, Inc. (CRWD) reported Q4 Non GAAP EPS of $0.95 vs consensus of $0.82Revenue $845.3M (+32.6% Y/Y) vs the
Target Corporation (TGT) skyrockets as holiday quarter profitability takes a leap
Target Corporation (TGT) reported Q4 FY 24 better than expected comparable sales of -4.4% vs the -4.6% consensus. Same-day services
GitLab stock down due to weak guidance
GitLab (NASDAQ:GTLB) stock is experiencing a significant downturn today, trading at $59.65, reflecting a drastic 19.9% drop. The sharp decline
Bitcoin soaring to all time high
Bitcoin reached a record high of $68,978, surpassing its previous record of $68,789 set in November 2021. This surge has
US STOCKS-Futures ease ahead of economic data, megacap growth stocks slide
From Nasdaq: U.S. stock index futures dipped on Tuesday ahead of key data releases and Fed Chair Jerome Powell’s testimony
AMD hits US roadblock in selling AI chip tailored for China, Bloomberg News reports
From Nasdaq: Advanced Micro Devices (AMD) faced setbacks in selling an AI chip to China due to U.S. government restrictions.
GitLab Reports Fourth Quarter and Full Year 2024 Financial
From GlobeNewswire: GitLab Inc. reported a strong fourth quarter and full fiscal year of 2024, with a quarterly revenue of
Fed’s Powell to Double Down on ‘No Rush to Cut’ Message
From Yahoo Finance: Federal Reserve Chair Jerome Powell is expected to reiterate that there is no rush to cut interest
Which companies can potentially be next to announce a stock split.
Can Nvidia (NASDAQ: NVDA), Super Micro Computer (NASDAQ: SMCI), Ulta Beauty (NASDAQ: ULTA), and Meta Platforms Inc. (NASDAQ: META) be
Super Micro Computer and Deckers Outdoor Set to Join S&P 500; Others to Join S&P 100, S&P MidCap 400 and S&P SmallCap 600
S&P Dow Jones indices announces several changes to the S&P 500, S&P 100, S&P MidCap 400, and S&P SmallCap 600
Boeing in talks to buy back fuselage maker Spirit Aerosystems (SPR)
From CNBC: Boeing (BA) is in talks to buy back Spirit AeroSystems (SPR), the top supplier for their 737 Max
Additional news organizations suing OpenAI for copyright infringement
From The Hill: Three more organizations are suing Microsoft and OpenAI for copyright infringement, including Raw Story, Alternet, and The
Stocks waver after Fed’s preferred inflation gauge meets expectations
From Yahoo Finance: Stocks experienced an upward trend on Thursday following the Federal Reserve’s favored inflation index meeting Wall Street’s
Some notable upgrades and downgrades
Benchmark has initiated coverage of MicroStrategy (MSTR) with a Buy recommendation and a $990 price target. JPMorgan has downgraded Domino’s
Frank Slootman is retiring as CEO of Snowflake, stock down 20%
In a significant leadership transition, Sridhar Ramaswamy, ex-Senior VP of AI at Snowflake, has taken the reins as CEO, succeeding
Possible candidates for S&P addition with the S&P Index Rebalance this Friday, March 1.
Being added to the S&P 500 Index is a major milestone for a company’s stock. Fund managers are required to