Home Depot (HD) Shares Rally 4% on Earnings Beat, Results Seen as Strong
- Stocks end near flat as investors assess earnings, data
- Netflix Q1 earnings top estimates on blowout subscriber growth
- Taiwan Semi (TSM) Q1 profit beats expectations on AI demand
- Stocks have priced in much of the 2024 optimism - Wells Fargo
- Intuitive Surgiical (ISRG) beats earnings, revenue expectations in Q1
- Hasbro (HAS) Announces Resignation of Cynthia Williams, President of Wizards of the Coast and Hasbro Gaming
- Tritium DCFC Limited (DCFC): Three Australian subsidiaries were determined to be insolvent or likely to become insolvent
- ICZOOM Group (IZM) Discloses Request to Withdraw Registration Statement on Form F-1
- Alaska Airlines flights resume after being grounded over aircraft system issue
- Frontier Communications (FYBR) says third party had gained unauthorized access to portions of its information technology environment
- After-hours movers: Netflix, Intuitive Surgical, Nordstrom, KB Home
- Midday movers: Tesla, Blackstone, Las Vegas Sands fall; DR Horton rises
- After-hours movers: Alcoa rises; Equifax and Las Vegas Sands fall
- Midday movers: Travelers, JB Hunt fall; United Airlines rises
- After-hours movers: United Airlines, J.B. Hunt, and more
Home Depot (HD) PT Lowered to $400 at Jefferies
May 18, 2022 8:09 AM EDTJefferies analyst Jonathan Matuszewski lowered the price target on Home Depot (NYSE: HD) to $400.00 (from $420.00) while maintaining a Buy rating following earnings.
The analyst commented, "Following our initial take on 1Q results, we came away from the earnings call with the view... More
Here's Which 3 Tech Stocks Hedge Funds Were Selling the Most in Q1
May 17, 2022 7:23 AM EDTAs expected, the recent 13F filings showed that hedge funds were exiting the crowded long-tech positions and were investing instead in energy companies to capitalize on the higher oil and gas prices.
Overall, investors cut their tech exposure by 1.4%, according to the data provided by Bloomberg. Microsoft (NASDAQ: MSFT), PayPal (NASDAQ:... More