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Category: Top News

Hedge funds decrease semi exposure, move to cyclicals; short-term pressure on semiconductor stocks

From Financial Modeling Prep: 2024-11-21 04:10:55 Hedge funds have reduced exposure to the semiconductor sector after significant gains from the

November 21, 2024

Hedge funds reducing exposure to semiconductor sector due to high gains, shifting to cyclical stocks.

From Barchart: 2024-11-21 04:09:53 Hedge funds are reducing their exposure to the semiconductor sector, shifting focus to cyclical stocks, according

November 21, 2024

Key performers in after-hours trading include Nvidia, Snowflake, and Palo Alto Networks

From Financial Modeling Prep: 2024-11-21 04:08:52 Key performers in after-hours trading include Nvidia, which saw a slight dip despite strong

November 21, 2024

DOJ demands Google divest Chrome to address search market dominance, sparking legal battle

From Financial Modeling Prep: 2024-11-21 04:07:48 The U.S. Department of Justice intensifies antitrust efforts against Google, demanding the tech giant

November 21, 2024

Asian stocks drop due to Nvidia's poor earnings and Adani scandal fallout, sparking global tech concerns

From Financial Modeling Prep: 2024-11-21 04:06:25 Asian stock markets faced a downturn due to Nvidia’s disappointing earnings and fresh Adani

November 21, 2024

NVIDIA exceeds earnings expectations, but concerns about supply constraints remain

From Financial Modeling Prep: 2024-11-21 02:00:04 NVIDIA Corporation, trading as NASDAQ:NVDA, exceeded earnings expectations with an EPS of $0.81 and

November 21, 2024

LuxUrban Hotels Inc. will undergo a 70 for 1 reverse stock split in Miami, Florida.

From Financial Modeling Prep: 2024-11-21 01:00:04 LuxUrban Hotels Inc. (Nasdaq: LUXH) in Miami, Florida, will undergo a 70 for 1

November 21, 2024

Woodward, Inc. is expected to report a decline in EPS, but an increase in revenue.

From Financial Modeling Prep: 2024-11-21 00:00:04 In summary, Woodward, Inc. is expected to report an EPS of $1.26 and revenues

November 21, 2024

Axon Enterprise is a leading provider of public safety technology with strong growth prospects.

From Financial Modeling Prep: 2024-11-20 17:00:10 In summary, Axon Enterprise, Inc. (NASDAQ:AXON) is a leading provider of public safety technology,

November 20, 2024

Construction Partners, Inc. (NASDAQ: ROAD) is a key player in roadway construction and maintenance in the southeast

From Financial Modeling Prep: 2024-11-20 16:00:02 Construction Partners, Inc. (NASDAQ: ROAD) is a key player in civil infrastructure, specializing in

November 20, 2024

Walmart stock rose 3% after exceeding Q3 expectations and raising fiscal guidance

From Financial Modeling Prep: 2024-11-20 09:08:00 Walmart’s shares rose 3% after reporting Q3 results exceeding expectations. Adjusted EPS was $0.58,

November 20, 2024

UBS initiates neutral coverage on GlobalFoundries with concerns about oversupply pressures in mature node markets

From Financial Modeling Prep: 2024-11-20 09:06:00 UBS analysts initiated coverage on GlobalFoundries (NASDAQ:GFS) with a Neutral rating and a $47

November 20, 2024

UBS raises Lowe's price target to $300 with a Buy rating after strong Q3 results.

From Financial Modeling Prep: 2024-11-20 09:03:00 UBS analysts raised Lowe’s price target to $300 with a Buy rating after Q3

November 20, 2024

Stifel downgrades DMC Global from Buy to Hold due to challenges in company's outlook.

From Financial Modeling Prep: 2024-11-20 08:57:00 Stifel analysts downgraded DMC Global (NASDAQ:BOOM) from Buy to Hold, lowering the price target

November 20, 2024

JPMorgan upgraded Energizer to Neutral after Q4 beat, citing revenue momentum and increased demand

From Financial Modeling Prep: 2024-11-20 08:48:00 JPMorgan analysts upgraded Energizer (NYSE:ENR) from Underweight to Neutral with a new price target

November 20, 2024

UBS raises Amer Sports price target to $27, citing strong growth prospects

From Financial Modeling Prep: 2024-11-20 08:39:00 UBS analysts raised Amer Sports’ price target from $24 to $27, maintaining a Buy

November 20, 2024

Flux Power Holdings, Inc. (NASDAQ: FLUX) expects negative earnings and revenue, facing financial and legal challenges.

From Financial Modeling Prep: 2024-11-20 03:00:03 Flux Power Holdings, Inc. (NASDAQ:FLUX) is set to report an EPS of -$0.13 and

November 20, 2024

Evolv Technologies Holdings, Inc. is facing setbacks due to investigations into sales practices.

From Financial Modeling Prep: 2024-11-20 02:00:03 Evolv Technologies Holdings, Inc. (NASDAQ:EVLV) is gearing up to announce its quarterly earnings, with

November 20, 2024

Deere & Company expected to report lower EPS and revenue for Q4 fiscal 2024.

From Financial Modeling Prep: 2024-11-20 01:00:04 In summary, Deere & Company is expected to report an EPS of $3.89 and

November 20, 2024

Baidu gearing up to announce earnings with analysts forecasting positive results

From Financial Modeling Prep: 2024-11-20 00:00:04 Baidu Inc. (NASDAQ:BIDU) is gearing up to announce its quarterly earnings, with analysts forecasting

November 20, 2024

Chinese fund managers are aggressively cutting ETF fees to attract investors in a competitive market.

From Financial Modeling Prep: 2024-11-19 23:38:40 China’s fund management industry is in a fierce price war, with ETF fees being

November 19, 2024

Seven & i Holdings's founding family plans buyout, leading to potential efficiency, confidence boost, and global expansion

From Financial Modeling Prep: 2024-11-19 23:38:04 Shares of Seven & i Holdings rose amid reports of a potential buyout by

November 19, 2024

Sony is in talks to acquire Kadokawa Corporation, with shares surging 16%

From Financial Modeling Prep: 2024-11-19 23:37:14 Shares of Kadokawa Corporation surged 16% amid talks of acquisition by Sony Group, highlighting

November 19, 2024

Bitcoin hits record high of $94,000, signaling increased investor trust; positive.

From Financial Modeling Prep: 2024-11-19 23:36:15 Bitcoin has hit a record high, surpassing $94,000 for the first time, signaling increased

November 19, 2024

Microsoft is the most underowned mega-cap tech stock, presenting growth opportunities for investors

From Financial Modeling Prep: 2024-11-19 23:35:41 Microsoft, a leading tech company, is surprisingly the most underowned mega-cap stock, despite its

November 19, 2024

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