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Experts React To Tesla Stock Split, Trading Action: 'Kind Of Ridiculous'
Wednesday, August 12, 2020 - 10:13am | 664Read More...Tesla Inc (NASDAQ: TSLA) shares are up 6% on Wednesday after the company announced a 5-for-1 stock split on Tuesday afternoon. The stock split will be implemented after the market close Aug. 31. Companies with relatively high stock prices like Tesla often implement stock splits to bring...
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Why iPhone 12 Will Be Another 'Defining Chapter' In Apple's Growth Story
Monday, August 10, 2020 - 9:28am | 435Read More...The sell-side is unanimously optimistic about the prospects for the newest iteration of Apple Inc.'s (NASDAQ: AAPL) iPhone, which is expected to be launched in October. The Apple Analyst: Wedbush analyst Daniel Ives maintained an Outperform rating on Apple and increased the price target...
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Microsoft's Interest In Buying TikTok Is A 'Deal Of A Decade Opportunity'
Monday, August 3, 2020 - 1:00pm | 438Read More...Microsoft Corporation (NASDAQ: MSFT) is in talks to acquire TikTok's operations outside of China. Microsoft Can Get A Good Deal: TikTok's Chinese parent company ByteDance is "looking down a dark black hole" as U.S. President Donald Trump could ban the TikTok app amid national...
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Apple's Path To $2 Trillion Is Set As Wall Street Lauds Resilience, Ecosystem Engagement
Friday, July 31, 2020 - 11:51am | 964Read More...Apple Inc. (NASDAQ: AAPL) reported solid results for the fiscal third quarter, sending its shares to record territory. The stock was jumping 7% to $411.47 at the time of publication. The Apple Analysts Credit Suisse analyst Matthew Cabral maintained a Neutral rating on Apple and increased the...
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Apple Q3 Earnings Preview: A Focus On Balance Sheet And Cash In Cupertino
Wednesday, July 29, 2020 - 8:45am | 760Read More...Apple Inc. (NASDAQ: AAPL) is scheduled to report earnings results from the third quarter of fiscal 2020 after the close Thursday. Expectations Around Apple's Q3: Apple shares are trading off a record high of $399.82 that was reached on July 13. Investors are viewing...
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Tesla's Valuation Still 'Appears Overcharged' Following Q2 Earnings
Thursday, July 23, 2020 - 12:45pm | 854Read More...Tesla Inc (NASDAQ: TSLA) reported a second-quarter earnings beat on Wednesday afternoon. Adjusted EPS of $2.18 on revenue of $6.04 billion both exceeded consensus analyst estimates of 3 cents and $5.37 billion, respectively. Perhaps more importantly, Tesla’s GAAP EPS of 50 cents...
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Reaction: Microsoft Gaming, Azure Growth Key To Success Moving Forward
Thursday, July 23, 2020 - 11:45am | 561Read More...Microsoft Corporation (NASDAQ: MSFT) shares ticked lower on Thursday after the company reported 13% revenue growth in a difficult fiscal fourth quarter. Microsoft reported fourth-quarter adjusted EPS of $1.46 on revenue of $38 billion. Both numbers topped consensus analyst estimates of $1.34 and $...
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Tesla Q2 Earnings Preview: A Focus On Profitability, China, S&P 500 Inclusion
Wednesday, July 22, 2020 - 6:51am | 595Read More...Electric vehicle pioneer Tesla Inc (NASDAQ: TSLA) is on deck to report second-quarter results after the market close Wednesday. With the stock soaring to record highs this summer, all eyes are on whether the company's quarterly print will send the stratospheric stock higher...
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Microsoft Q4 Earnings Preview: Azure Key To Growth
Tuesday, July 21, 2020 - 6:37pm | 408Read More...Microsoft Corporation (NASDAQ: MSFT) is poised to report strong fourth-earnings Wednesday, according to tech analysts. Wedbush’s Daniel Ives maintained an Outperform rating on Microsoft with a $260 price target, while Jefferies’ Brent Thill maintained a Buy rating and raised the...
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Wedbush Expects Microsoft Azure's Strong Momentum To Continue
Monday, July 20, 2020 - 12:57pm | 321Read More...Microsoft Corporation (NASDAQ: MSFT) is scheduled to report its fourth-quarter earnings for fiscal 2020 after the closing bell on Wednesday. Field checks indicate strong cloud deal activity and Azure could record 55% year-on-year growth in the June quarter, according to Wedbush. The Microsoft...
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5G, iPhone 12 Are Becoming Key To Apple's Future: Wedbush
Monday, July 13, 2020 - 3:35pm | 334Read More...By Sanju Swamy A Wedbush analyst raised their Apple Inc. (NASDAQ: AAPL) price target Monday as the launch of 5G and iPhone 12 become key factors in the company's growth. The Apple Analyst: Daniel Ives reiterated an Outperform rating on Apple and raised the price target from $425 to $450....
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Tesla Analyst Expects 'Game-Changing' Battery Day Announcements
Monday, July 13, 2020 - 1:46pm | 497Read More...Tesla Inc (NASDAQ: TSLA) has finally confirmed its Battery Day will held along with an Investor Day on Sept. 22. Although it's early, a Wedbush analyst gave their take Monday on how the event will impact Tesla shares, which are already trading at a record high — and what can be...
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Microsoft Gets New Street-High Price Target, Analyst Sees Transformational Cloud Story In Redmond
Thursday, July 9, 2020 - 11:34am | 458Read More...Microsoft Corporation (NASDAQ: MSFT) is a huge beneficiary of the secular trend of enterprises increasingly shifting workloads to the cloud in the work-from-home environment, according to Wedbush. The Microsoft Analyst: Daniel Ives maintained an Outperform rating on Microsoft shares and increased...
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Tesla Analyst Sees 'Major Home Run' In Q2 Deliveries Despite Year-Over-Year Declines
Thursday, July 2, 2020 - 1:32pm | 680Read More...Tesla Inc (NASDAQ: TSLA) failed to sustain its 2019 performance level despite new contributions from its Shanghai factory and Model Y. The automaker’s second-quarter deliveries fell 4.8% year over year to about 90,650 units. Notably, the Street expected just 68,380. “In our opinion...
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Tesla Analyst Says Nikola Badger Preorders Should Give Investors Clues To The Electric Pickup Market
Tuesday, June 30, 2020 - 1:20pm | 552Read More...Nikola Corporation (NASDAQ: NKLA), the new kid on the electric vehicle block, has started accepting preorders for its Badger electric pickup truck, which is seen as direct competition to Tesla Inc's (NASDAQ: TSLA) Cybertruck. The Tesla Analyst: Wedbush analyst Daniel Ives has a...
