5 Rumors Circling Wall Street Today
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StreetInsider.com Top Tickers, 8/11/2026
- S&P 500 muted as industrials counter tech drag; US-Iran peace prospects rise
- S&P 500 EPS growth above 20% is rare. Why 2027 may be at risk
- Goldman Sachs warns AI investment may be crowding out other business spending
- Why Wednesday's inflation print could provide the next dovish catalyst
- Tesla needs Robotaxi flywheel proof to boost investor conviction: Morgan Stanley
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BofA Says Sluggish iPhone Demand Has Wide Implications for Chip Vendors
September 29, 2022 10:07 AM EDTIn a note Thursday, BofA analyst Vivek Arya said sluggish iPhone demand has broad implications for chipmakers, although they are modest.
The analyst was speaking following reports Wednesday that tech giant Apple (NASDAQ: AAPL) was ditching plans to boost production of its... More
Workiva (WK) Base Case Takeover Seen in Mid-to-High $80s - BMO
September 28, 2022 5:53 PM EDTBMO Capital analyst Daniel Jester weighed in on Workiva (NYSE: WK) following reports from Bloomberg News that wo private equity firms are potentially interested in acquiring the company. Jester said that given recent takeover premiums the software sector, they think a base case offer would likely be in the mid to high $80/share range (~6.5-7x FY23 sales).
The analyst commented, "Workiva has a strong core in SEC and statutory reporting, but faced a tough 2022 given... More
