After-Hours Movers: Vail Resorts Gains Post EPS, Altus Power Falls on Offering
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- Nasdaq, S&P end lower as tech stocks fall
- Micron posts record profit as AI memory demand fuels explosive growth
- Brent settles at lowest since before start of Iran war as more tankers exit Hormuz
- All eyes on Micron earnings tonight as sell-off raises stakes for AI memory trade
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Rescue work underway after quakes rock Venezuela, 'high casualties' likely
- Needham Starts NeoVolta (NEOV) at Buy
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- NextEra to discuss paying about $76 per share for Dominion, Bloomberg News reports
- Campbell Soup (CPB) Declares $0.39 Quarterly Dividend; 7.7% Yield
UBS Updates Global Auto Model on Weak Macro Data: 'Goodbye Auto Production Recovery'
September 30, 2022 7:24 AM EDTUBS Research updated its global auto model as they believe falling demand will keep 2023 production flat compared to last year.
Analyst, Patrick Hummel wrote in a note that it is overwhelmingly likely that rapidly weakening macro data have a severe negative impact on auto demand in 2023, in all... More
First Solar (FSLR) 'Uniquely Positioned' to Capitalize on IRA Benefits - Evercore ISI
September 29, 2022 3:49 PM EDTEvercore ISI analyst Sean Morgan raised the firm's rating on First Solar (NASDAQ: FSLR) shares to Outperform from In Line, increasing the price target to $150 per share from $88 in a note to clients on Thursday.
The upgrade follows a meeting between Evercore ISI and... More
Truist Securities Initiates Rivian (RIVN) with Buy Rating
September 29, 2022 8:12 AM EDTTruist Securities initiated coverage of Rivian Automotive, Inc. (NASDAQ: RIVN) with a Buy rating and $65.00 price target. The electric vehicle company only just began delivering its first vehicles; however, the company has been strategically positioning, raising capital, and building out its vertically integrated ecosystem for over a decade.
Analyst,... More
