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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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Should Investors Continue Riding With Uber? The Street Weighs In
Friday, August 7, 2020 - 2:59pm | 1008Read More...Ride-hailing and delivery company Uber Technologies Inc (NYSE: UBER) reported mixed second-quarter results Thursday that prompted Street analysts to debate whether the company is overly exposed to COVID-19 headwinds. The Uber Analysts Raymond James analyst Aaron Kessler maintains a Market...
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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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The Street Debates What's Next For PayPal After Impressive Q2 Beat
Thursday, July 30, 2020 - 2:44pm | 784Read More...Payments company Paypal Holdings Inc (NASDAQ: PYPL) reported Wednesday afternoon with second-quarter results highlighted by an EPS, revenue and total payment volume beat. Here's how PayPal analysts are reacting to the company's results and outlook. The PayPal Analysts:...
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Why Wedbush Says Shopify's Q2 Results Were A 'Blowout'
Thursday, July 30, 2020 - 1:39pm | 284Read More...Shopify (NYSE: SHOP) posted a "blowout" second quarter Wednesday, with revenue that came in nearly 40% above expectations, according to Wedbush Securities. The Shopify Analyst: Ygal Arounian maintained a Neutral rating on Shopify and raised price target from $998 to $1,053. The Shopify...
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Starbucks Analysts Stick To Sidelines After Q3 Print, Break Down COVID-19 Impact On Coffee Chain
Wednesday, July 29, 2020 - 12:43pm | 915Read More...Starbucks Corporation's (NASDAQ: SBUX) third-quarter report quantified the impact of the COVID-19 pandemic on the coffee chain. Starbucks said Tuesday that its fiscal third quarter revenue was down 38% year-over-year to $4.2 billion, and the company posted a net loss of $678.4 million...
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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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The Street Debates Chipotle Mexican Grill's Q2 Results, Digital Sales
Thursday, July 23, 2020 - 3:21pm | 760Read More...Casual fast food chain Chipotle Mexican Grill, Inc. (NYSE: CMG) reported second-quarter results Wednesday that were highlighted by sequentially improving same-store sales metrics in June and July. Here's how the Street reacted. The Chipotle Analysts Longbow Research analyst...
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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...
