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IBM US
IBM falls 9% as enterprise-spending constraints choke consulting demand
Shares of International Business Machines fell more than 9% on Thursday, as its consulting business faces pressure from enterprises tightening their budgets to cope with an uncertain economy and high interest rates. - economictimes indiatimes
28m ago
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FB US
Meta tumbles 12% on weak revenue forecast and Zuckerberg's comments on spending
Meta shares tumbled on Thursday after the company issued weak revenue guidance that overshadowed its first-quarter earnings beat. - cnbc
29m ago
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RCL US
Royal Caribbean Cruises Through Q1 As Demand And Pricing Remains High
Royal Caribbean Cruises Ltd (NYSE: RCL ) reported first-quarter 2024 revenue growth of $3.73 billion, a 29.2% year-over-year increase, beating the analyst consensus estimate of $3.7 billion . Passenger ticket revenues rose 34% Y/Y to $2.54 billion versus last year. Total cruise operating expenses were $2.06 billion versus $1.79 billion a year ago.  Gross Cruise Costs per Available Passenger Cruise Days (APCD) increased 5.1%. Gross margin yields increased 60.3% as-reported, and net yields increased 19.3% in constant currency versus first-quarter 2024. Operating income for the quarter jumped 175% to ... Full story available on Benzinga.com - benzinga
29m ago
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BMY US
Bristol Myers Squibb (BMY) Q1 2024 Earnings Call Transcript
BMY earnings call for the period ending March 31, 2024. - fool
32m ago
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MRK US
Merck beats earnings expectations, raises outlook on strong Keytruda and vaccine sales
The first-quarter results come as Merck shows substantial progress in preparing for Keytruda's patent expiration in 2028. - cnbc
50m ago
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HTZ US
Hertz to sell 10,000 more EVs than planned, and stock suffers record plunge
Hertzs stock resumed its selloff on Thursday, after the rental car company reported a much wider-than-expected first-quarter loss, and significantly expanded its plan to sell off its electric vehicles. - marketwatch
54m ago
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LUV US
Southwest Airlines to exit these four airports as loss widens and revenue falls short
Southwest Airlines Co.s stock tumbled 8.5% Thursday after the airline posted a wider-than-expected first-quarter loss and revenue that lagged estimates. - marketwatch
56m ago
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KR US
Insider Transaction: Valerie L Jabbar Sells $832K Worth Of Kroger Shares
Valerie L Jabbar , Senior Vice President at Kroger (NYSE: KR ), executed a substantial insider sell on April 24, according to an SEC filing. What Happened: According to a Form 4 filing with the U.S. Securities and Exchange Commission on Wednesday, Jabbar sold 15,000 shares of Kroger . The total transaction value is $832,800. Kroger shares are trading down 0.12% at $56.08 at the time of this writing on Thursday morning. Delving into Kroger's Background Kroger is one of the largest grocery retailers in the United States with more than 2,700 stores across a portfolio of over 20 supermarket banners. The company touts its ingrained position across US communities, citing that it is a top-two grocer in most of its major market areas. Over one fourth of Kroger's roughly $110 billion in nonperishable and fresh food sales (about 75% of revenue) stems from its private-label portfolio, of which the company manufactures about 30% of units via its 33 food production plan - benzinga
1h ago
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MU US
Decoding Micron Technology's Options Activity: What's the Big Picture?
Whales with a lot of money to spend have taken a noticeably bearish stance on Micron Technology . Looking at options history for Micron Technology (NASDAQ: MU ) we detected 20 trades. If we consider the specifics of each trade, it is accurate to state that 25% of the investors opened trades with bullish expectations and 55% with bearish. From the overall spotted trades, 11 are puts, for a total amount of $982,938 and 9, calls, for a total amount of $504,492. What's The Price Target? After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $65.0 and $150.0 for Micron Technology, spanning the last three months. Volume & Open Interest Development Looking at the volume and open interest is a powerful move while trading options. This data can help you track the liquidity and interest for Micron Technology's options for a given strike price. Below, we can observe the evolution of - benzinga
1h ago
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KR US
Insider Activity Update: Timothy A Massa Executes Options Exercise, Resulting In $531K At Kroger
A large exercise of company stock options by Timothy A Massa , Senior Vice President at Kroger (NYSE: KR ) was disclosed in a new SEC filing on April 24, as part of an insider exercise. What Happened: The latest Form 4 filing on Wednesday with the U.S. Securities and Exchange Commission uncovered Massa, Senior Vice President at Kroger, exercising stock options for 29,970 shares of KR. The total transaction was valued at $531,967. During Thursday's morning session, Kroger shares down by 0.12%, currently priced at $56.08. Considering the current price, Massa's 29,970 shares have a total value of $531,967. Unveiling the Story Behind Kroger Kroger is one of the largest grocery retailers in the United States with more than 2,700 stores across a portfolio of over 20 supermarket banners. The company touts its ingrained position across US communities, citing that it is a top-two grocer in most of its major market areas. Over one fourth of Kroger's roughly $110 - benzinga
1h ago
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KMB US
Options Exercise Activity Initiated By Paula Ramos At Kimberly-Clark
Paula Ramos , Chief Strategy Officer at Kimberly-Clark (NYSE: KMB ), reported a large exercise of company stock options on April 24, according to a new SEC filing. What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Wednesday showed that Ramos, Chief Strategy Officer at Kimberly-Clark, a company in the Consumer Staples sector, just exercised stock options worth 10,178 shares of KMB stock with an exercise price of $132.63. The Thursday morning update indicates Kimberly-Clark shares down by 0.81%, currently priced at $136.66. At this value, Ramos's 10,178 shares are worth $41,017. Unveiling the Story Behind Kimberly-Clark With more than half of sales from personal care and another third from consumer tissue products, Kimberly-Clark sits as a leading manufacturer in the tissue and hygiene realm. Its brand mix includes Huggies, Pull-Ups, Kotex, Depend, Kleenex, and Cottonelle. The firm also operates K-C Professional, which partners with - benzinga
1h ago
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COLD US
A Closer Look at 8 Analyst Recommendations For Americold Realty Trust
Ratings for Americold Realty Trust (NYSE: COLD ) were provided by 8 analysts in the past three months, showcasing a mix of bullish and bearish perspectives. The table below provides a concise overview of recent ratings by analysts, offering insights into the changing sentiments over the past 30 days and drawing comparisons with the preceding months for a holistic perspective. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 1 3 4 0 0 Last 30D 0 0 1 0 0 1M Ago 0 0 2 0 0 2M Ago 1 3 1 0 0 3M Ago 0 0 0 0 0 Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $29.0, a high estimate of $32.00, and a low estimate of $24.00. This current average represents a 13.43% decrease from the previous average price target of $33.50. Decoding Analyst Ratings: A Detailed Look - benzinga
1h ago
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UDR US
A Closer Look at 10 Analyst Recommendations For UDR
Ratings for UDR (NYSE: UDR ) were provided by 10 analysts in the past three months, showcasing a mix of bullish and bearish perspectives. The table below provides a concise overview of recent ratings by analysts, offering insights into the changing sentiments over the past 30 days and drawing comparisons with the preceding months for a holistic perspective. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 2 2 5 1 0 Last 30D 1 0 0 0 0 1M Ago 1 0 1 1 0 2M Ago 0 2 2 0 0 3M Ago 0 0 2 0 0 The 12-month price targets assessed by analysts reveal further insights, featuring an average target of $38.6, a high estimate of $44.00, and a low estimate of $34.00. Highlighting a 0.39% decrease, the current average has fallen from the previous average price target of $38.75. Understanding Analyst Ratings: A Comprehensive Breakdown The - benzinga
1h ago
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DECK US
Why Deckers Stock Dropped Today
Is Deckers stock up too much too fast? - fool
1h ago
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LII US
Analyst Expectations For Lennox Intl's Future
10 analysts have expressed a variety of opinions on Lennox Intl (NYSE: LII ) over the past quarter, offering a diverse set of opinions from bullish to bearish. The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 2 4 3 1 0 Last 30D 0 1 1 0 0 1M Ago 1 2 1 0 0 2M Ago 0 1 0 0 0 3M Ago 1 0 1 1 0 The 12-month price targets assessed by analysts reveal further insights, featuring an average target of $487.7, a high estimate of $545.00, and a low estimate of $330.00. This upward trend is evident, with the current average reflecting a 6.07% increase from the previous average price target of $459.78. Diving into Analyst Ratings: An In-Depth Exploration A clear picture of - benzinga
1h ago
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ROL US
Rollins (ROL) Q1 2024 Earnings Call Transcript
ROL earnings call for the period ending March 31, 2024. - fool
1h ago
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SAPE US
Leaders from Taco Bell, United Airlines, Publicis Sapient, Moment Factory and More to Speak at Questexs Digital Signage Experience 2024
Event Takes Place in December in Las Vegas Event Takes Place in December in Las Vegas - globenewswire
1h ago
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BMY US
Bristol Myers Squibb beats on revenue, launches $1.5 billion cost cuts as it posts quarterly loss
Bristol Myers Squibb said the charges primarily reflect its acquisition of Karuna Therapeutics and collaboration agreement with SystImmune. - cnbc
1h ago
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BZUN US
Is Baozun's Risky Leap Into Brand Management Starting To Pay Off?
Key Takeaways: Baozun’s revenues rose 5% last year following its acquisition of Gap China, which represented 14% of total annual sales Product sales from the company’s older e-commerce business fell by 21% last year, while e-commerce services revenue also slumped by 5% By Edith Terry Baozun Inc.  (NASDAQ: BZUN ) has been undergoing a major transformation this past year, buying brands and investing in a new offshore business as it diversifies beyond its status as one of China’s largest e-commerce service providers. But what exactly is happening at this company, whose major stakeholders include e-commerce giant Alibaba (NYSE: BABA )? A few new hints came last week, when Baozun released its  annual report  for 2023 and announced  two senior management moves . Catherine Zhu was named as the company’s new CFO, while Arthur Yu relinquished his former CFO position to focus on his other role as president of Baozun E-commerce. Both - benzinga
1h ago
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HTZ US
Struggle For Hertz Continues As Stock Loses 23% - Here's Why
Shares of  Hertz Global Holdings, Inc  (NASDAQ: HTZ ) are trading lower after the company reported first-quarter FY24 sales growth of 1.6% year-on-year to $2.08 billion,  beating the analyst consensus estimate of $2.039 billion. Average rentable vehicles increased 10% to 529,232, with 76% vehicle utilization. Total revenue per day (RPD) declined 7% to $56.68. Americas RAC segment revenue increased ... Full story available on Benzinga.com - benzinga
1h ago
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PWOD US
Penns Woods Bancorp,Inc. Reports First Quarter 2024 Earnings
WILLIAMSPORT, Pa., April 25, 2024 (GLOBE NEWSWIRE) -- Penns Woods Bancorp,Inc. (NASDAQ: PWOD) - globenewswire
1h ago
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TSLA US
Meta Falls 15% On Great Earnings, Tesla Rises 12% On Ugly Earnings Here Is The Real Reason
To gain an edge, this is what you need to know today. The Power Of Market Mechanics Please click here for an enlarged chart of Meta Platforms Inc (NASDAQ: META ). Note the following: This article is about the big picture, not an individual stock. The chart of META stock is being used to illustrate the point. The chart shows a gap down in META on earnings. The chart shows an island reversal. An island reversal is a negative pattern. RSI on the chart shows that META is now oversold. As full disclosure, META is part of The Arora Report's ZYX Buy Model Portfolio, and long-time members are long META from $49.92. Reference the chart for when the Arora signal was given to hedge or take partial profits right close to the top before the big drop in the stock. Meta reported excellent earnings, better than the consensus and whisper numbers. Why is META stock down? The popular narrative is that the stock is down due to AI spendin - benzinga
1h ago
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TSCO US
Why Tractor Supply Company Shares Are Falling After Q1 Earnings
Tractor Supply Company  (NASDAQ: TSCO ) shares are trading lower after the company reported first-quarter earnings per share of $1.83,  beating the analyst consensus of $1.71.  Quarterly revenues of $3.395 billion were in line with the estimates,  rising 2.9% year over year.   Comparable store sales, which increased 1.1%, slowed compared to the prior year  (2.1% growth for the previous year’s first quarter). New store openings ... Full story available on Benzinga.com - benzinga
1h ago
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FDX US
FedEx & UPS Pump Brakes on EV Transitions Due to Low Supply and Battery Shortages
FedEx and UPS are facing challenges in transitioning to electric vehicles (EVs) due to shortages in supplies and batteries. These shortages not only limit the availability of EVs but also  Full Article » - automotiveaddicts
1h ago
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AMD US
Unpacking the Latest Options Trading Trends in Advanced Micro Devices
Whales with a lot of money to spend have taken a noticeably bearish stance on Advanced Micro Devices . Looking at options history for Advanced Micro Devices (NASDAQ: AMD ) we detected 12 trades. If we consider the specifics of each trade, it is accurate to state that 25% of the investors opened trades with bullish expectations and 58% with bearish. From the overall spotted trades, 5 are puts, for a total amount of $145,646 and 7, calls, for a total amount of $703,721. Predicted Price Range Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $135.0 to $195.0 for Advanced Micro Devices over the recent three months. Volume & Open Interest Trends Assessing the volume and open interest is a strategic step in options trading. These metrics shed light on the liquidity and investor interest in Advanced Micro Devices's options at specified strike prices. The forthcoming data visualizes the fluctuatio - benzinga
1h ago
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HL US
Behind the Scenes of Hecla Mining's Latest Options Trends
Deep-pocketed investors have adopted a bearish approach towards Hecla Mining (NYSE: HL ), and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in HL usually suggests something big is about to happen. We gleaned this information from our observations today when Benzinga's options scanner highlighted 9 extraordinary options activities for Hecla Mining. This level of activity is out of the ordinary. The general mood among these heavyweight investors is divided, with 0% leaning bullish and 100% bearish. Among these notable options, 5 are puts, totaling $291,252, and 4 are calls, amounting to $142,794. What's The Price Target? Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $5.0 to $6.0 for Hecla Mining over the recent three mo - benzinga
1h ago
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BMY US
Is Bristol Myers Squibb Stock a Millionaire Maker?
Bristol Myers Squibb faces some challenges, but there could be light at the end of the tunnel for long-term investors. - fool
1h ago
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LMT US
Lockheed Martin Set For Lift-Off: Is A Golden Cross On The Horizon?
Lockheed Martin Corp (NYSE: LMT ) released its Q1 earnings report on Tuesday, which showed impressive growth in net sales . The company reported net sales of $17.195 billion, marking a 13.7% increase compared to the same quarter last year. Despite this strong performance, adjusted earnings per share (EPS) fell slightly to $6.33 from $6.43 year-over-year (YoY). However, the EPS still exceeded expectations by a notable margin. More on the earnings, here: Lockheed Martin’s Q1 Revenue Climbs Amid Fluctuating Profit Margins, 2024 Outlook Reaffirmed Lockheed Martin stock has been relatively stable, down a modest 4.53% over the past year and up 1.30% year-to-date (YTD). Despite this, a technical analysis has identified signs that a Golden Cross, a potentially bullish indicator, might be approaching, suggesting a possible positive trend reversal for the stock. Positive Trend Reversal – Golden Cross In Sight The current trend for Lockheed Martin is moderately bul - benzinga
1h ago
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MSFT US
Microsoft Stock: Buy Ahead of Fiscal Q3 Earnings?
https://wallstreettrendingstocks.com/microsoft-stock-buy-ahead-of-fiscal-q3-earnings/ Microsoft is poised to emerge as a major player in AI alongside Nvidia, with a 46% stock price increase in the past year. Despite recent fluctuations, the market anticipates strong performance in upcoming quarters, reflected in a rich P/E NTM of 33x. The market anticipates strong revenue growth but remains cautious due to QoQ declines; AI monetization and sustained growth are crucial focus areas for investors. submitted by /u/xirulouko [link] [comments] - reddit
1h ago
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MRVL US
Unpacking the Latest Options Trading Trends in Marvell Tech
Deep-pocketed investors have adopted a bearish approach towards Marvell Tech (NASDAQ: MRVL ), and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in MRVL usually suggests something big is about to happen. We gleaned this information from our observations today when Benzinga's options scanner highlighted 13 extraordinary options activities for Marvell Tech. This level of activity is out of the ordinary. The general mood among these heavyweight investors is divided, with 38% leaning bullish and 53% bearish. Among these notable options, 3 are puts, totaling $113,400, and 10 are calls, amounting to $563,474. Predicted Price Range Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $60.0 to $70.0 for Marvell Tech over the recent three - benzinga
1h ago
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GWW US
GRAINGER REPORTS RESULTS FOR THE FIRST QUARTER 2024
Strategic focus driving business forward; Company reaffirms full year 2024 guidance ranges First Quarter Highlights Delivered sales of $4.2 billion, up 3.5%, or 4.9% on a daily, organic constant currency basis Achieved operating margin of 15.8%, down 80 basis points Increased diluted EPS... - prnewswire:443
1h ago
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NFLX US
Netflix Could Monetize 40M Borrowers By End Of 2024, Analysts See Over 25% Upside
Netflix (NASDAQ: NFLX ) continues to showcase robust performance in its first-quarter earnings report for 2024 . The streaming company is now on track to monetize about 40 million borrowers (i.e.,people who do not live in the same household but share the same account). In order to curb sharers/borrowers of an account outside a household, Netflix has restricted access to sharers beyond a household. The company also devised ways to make it easier for borrowers to transfer Netflixprofiles into their own account. The initiative ultimately means more paying accounts for Netflix. Read More: Netflix Q1 Earnings Highlights: Revenue Beat, EPS Beat, 9.33 Million Paid Subs Added, Ad-Tier Plan Update And More With revenue surging to $9.37 billion, a 14.8% year-over-year increase, and earnings per share standing at $5.28, surpassing analyst estimates, Netflix demonstrates its resilience and ability to thrive in the ever-evolving media industry. The company’s relentles - benzinga
1h ago
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TSLA US
Market Clubhouse Morning Memo - April 25th, 2024 (Trade Strategy For SPY, QQQ, AAPL, MSFT, NVDA, GOOGL, META, And TSLA)
Good Morning Traders! In today's Market Clubhouse Morning Memo, we will discuss SPY, QQQ, AAPL, MSFT, NVDA, GOOGL, META, and TSLA. Our proprietary formula, exclusive to Market Clubhouse, dictates these price levels. This dynamic equation takes into account price, volume, and options flow. These levels are updated every day and shared with all Clubhouse Members, prior to the opening of the market. We recommend closely monitoring these stocks, and be prepared to leverage potential breakouts or reversals. As always, stay alert and ready to adjust your tactics based on the market's pulse to optimize your trading gains. Now, let's dive into the stock analysis: SPDR S&P 500 ETF Trust The SPY (ARCA: SPY) is presently trading around the price of 502.85. The bullish perspective hopes for an initial rise to 503.95. Maintaining strong performance above this mark could usher the SPY towards a subsequent target of 505.32. Should this level prove stable during regular market hours, th - benzinga
1h ago
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PM US
How Is The Market Feeling About Philip Morris Intl?
Philip Morris Intl's (NYSE: PM ) short percent of float has risen 9.3% since its last report. The company recently reported that it has 7.33 million shares sold short , which is 0.47% of all regular shares that are available for trading. Based on its trading volume, it would take traders 1.04 days to cover their short positions on average. Why Short Interest Matters Short interest is the number of shares that have been sold short but have not yet been covered or closed out. Short selling is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of ... Full story available on Benzinga.com - benzinga
1h ago
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INTC US
Intel Spinoff Mobileye Revenue Falls Amid Supply Chain Reset, CEO Optimistic About Recovery
Mobileye Global Inc  (NASDAQ: MBLY ) reported a fiscal first-quarter 2024 revenue decline of 48% year-on-year to $239.00 million, beating the  consensus of $231.56 million . Adjusted EPS of $(0.07) missed the  consensus loss of $(0.06) .  “The financial results in the first quarter reflect a supply chain reset as the excess inventory held by our customers is consumed. We are encouraged that the inventory drawdown and associated recovery in revenue appears to be on-track to what we laid out in January,” said Mobileye President and CEO Prof. Amnon Shashua. EyeQ and SuperVision revenue was $219 million vs. $438 ... Full story available on Benzinga.com - benzinga
1h ago
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AAPL US
Apple iPhone 16: Unique All-New Design Promised In New Report
The way the iPhone looks, works and feels could be about to change significantly. - forbes
1h ago
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MSFT US
Earnings Preview: What To Expect From Microsoft
Microsoft Inc. scheduled to report earnings after Thursdays close. Here's a closer look at what Wall Street expects from Microsoft - forbes
1h ago
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MANH US
Federated Hermes Inc. Reduces Position in Manhattan Associates, Inc. (NASDAQ:MANH)
Federated Hermes Inc. lessened its holdings in shares of Manhattan Associates, Inc. (NASDAQ:MANH – Free Report) by 3.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 34,134 shares of the software maker’s stock after selling 1,281 shares during the quarter. Federated Hermes Inc. […] - americanbankingnews
2h ago
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XOM US
Rising 21% This Year, What Lies Ahead For Exxon Stock Following Q1 Earnings?
We expect Exxon Mobil stock to likely trade lower with revenue and earnings both missing market expectations marginally. - forbes
2h ago
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RICK US
Windmill sails mysteriously fall off Paris' iconic Moulin Rouge cabaret
The renowned Moulin Rouge cabaret venue's director has vowed to 'rise to the challenge' after the windmill's sails fell off. - cbsnews
2h ago
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AAPL US
The Ultimate Guide to iPhone Security
How secure are iPhones? An iPhone is generally more secure than an Android phone. Many Android devices from different manufacturers make it more vulnerable as some arent as good with security as others. Despite the fact that Apple always keeps security top of mind, even an iPhone can be hacked. In this article are tips […] - roboticsandautomationnews
2h ago
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ORCL US
Oracle Introduces New AI Capabilities to Help Organizations Boost Sales
New AI capabilities in Oracle Cloud CX help marketers, sellers, and service agents, improve customer satisfaction, increase productivity, and accelerate deal cycles MEXICO CITY, April 25, 2024 /PRNewswire/ -- Oracle CloudWorld - Oracle today announced new artificial intelligence (AI)... - prnewswire:443
2h ago
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AMKR US
Peering Into Amkor Tech's Recent Short Interest
Amkor Tech's (NYSE: AMKR ) short percent of float has fallen 8.02% since its last report. The company recently reported that it has 3.11 million shares sold short , which is 4.7% of all regular shares that are available for trading. Based on its trading volume, it would take traders 4.0 days to cover their short positions on average. Why Short Interest Matters Short interest is the number of shares that have been sold short but have not yet been covered or closed out. Short selling is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price ... Full story available on Benzinga.com - benzinga
2h ago
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MRNA US
How Is The Market Feeling About Moderna?
Moderna's (NYSE: MRNA ) short percent of float has fallen 3.53% since its last report. The company recently reported that it has 21.44 million shares sold short , which is 7.38% of all regular shares that are available for trading. Based on its trading volume, it would take traders 6.3 days to cover their short positions on average. Why Short Interest Matters Short interest is the number of shares that have been sold short but have not yet been covered or closed out. Short selling is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price ... Full story available on Benzinga.com - benzinga
2h ago
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HOG US
What's Going On With Harley-Davidson Shares After Q1 Results?
Harley-Davidson, Inc . (NYSE: HOG ) shares are tradinglower on Thursday. The company reported first-quarter adjusted earnings per share of $1.72,  beating the analyst consensus of $1.51.  The company reported first-quarter HDMC + LiveWire sales of $1.48 billion,  beating the consensus of $1.34 billion . HDMC revenue is down 5%, primarily due to a planned decrease in motorcycle shipments. Consolidated revenue in the first quarter was down 3%, driven by an HDMC revenue decrease, partially offset by ... Full story available on Benzinga.com - benzinga
2h ago
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NVDA US
Do you still want to miss out on high-quality stocks like NVIDIA?
If you've been sitting on the sidelines, watching AI stocks like Nvidia surge 17,000% over the past decade, you might think you're missing out. But in fact, the best opportunities for huge returns lie elsewhere. This is because artificial intelligence is still in its infancy. The overall artificial intelligence market is expected to grow 39,900% over the next six years. So, the question is...which AI stock will be the next big winner? Personally, which one makes you the most money? Through extensive field research, we found that one company already had 1,372 patent applications to protect its AI technology The company has up to $1 billion in government-backed contracts. It's a stock that few people have heard of...and it's trading at just $25 a share. This company can lead to life-changing windfalls. But you need to open a position before May 5th submitted by /u/EggComfortable9984 [link] [comments] - reddit
2h ago
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JPM US
Bank Of America Thinks '2024 Is Starting To Look Like 2015 But In Reverse' While Jamie Dimon Warns 2024 Looks Like The 1970s
Bank of America Corp. (NYSE: BAC ) analysts recently released a note predicting that the Federal Reserve will only cut rates once this year, compared with their previous prediction of four cuts.  '2024 is starting to look like 2015 but in reverse. Then the Fed signaled hikes it could not deliver; now the Fed may be signaling cuts that the inflation data do not justify,' Bank of America economist Michael Gapen said in the note. 'The acceleration of inflation this year makes a cut prior to December challenging in our view.' Don't Miss: Join the elite. Invest in Epic Games and own a piece of the $17 billion Fortnite empire . This ‘Future of Gaming’ startup disrupting a $272 billion industry is now letting anyone invest for a limited time . In 2015, the Fed increased ... Full story available on Benzinga.com - benzinga
2h ago
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MSFT US
Microsoft Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call
Microsoft Corporation (NASDAQ: MSFT ) is expected to release earnings results for its third quarter, after the closing bell on April 25, 2024 . Analysts expect the Redmond, Washington-based company to report quarterly earnings at $2.82 per share, up from $2.45 per share in the year-ago quarter. Microsoft is projected to report quarterly revenue of $60.8 billion, according to data from Benzinga Pro . Microsoft recently launched Phi-3 Mini, a lightweight AI model with 3.8 billion parameters, the smallest in its Phi series. Microsoft shares rose 0.4% to close at $409.06 ... Full story available on Benzinga.com - benzinga
2h ago
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CSGP US
CoStar Group, Inc. (NASDAQ:CSGP) Stock Position Lifted by abrdn plc
abrdn plc grew its holdings in shares of CoStar Group, Inc. (NASDAQ:CSGP – Free Report) by 69.8% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 169,683 shares of the technology company’s stock after purchasing an additional 69,744 shares during the period. abrdn plc’s holdings in […] - americanbankingnews
2h ago
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NOW US
ServiceNow Stock Drops 4% Despite 24% Revenue Growth
ServiceNow's first quarter results again exceeded its revenue and profitability metrics. Analysts saw guidance as weak but they excluded foreign exchange headwinds. - forbes
2h ago
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