Apple, UPS, Bilibili rise premarket; Hibbett, Chemours fall

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Apple (AAPL) at session lows, down 2.4%

November 29, 2022 1:24 PM EST

Apple (NASDAQ: AAPL) at session lows, down 2.4%

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Apple (AAPL) shares slide after TF Securities analyst cuts estimates on supply worries

November 29, 2022 11:48 AM EST

Apple (NASDAQ: AAPL) shares dropped Tuesday after TF International Securities analyst Ming-Chi Kuo cut his 4Q22 iPhone shipments and said there are significant downside risks to the Apple and iPhone supply chain due to the Zhengzhou iPhone plant labor protests.

Kuo stated that the total iPhone 14 Pro... More

Darden Restaurants (DRI) downgraded at Baird despite positive outlook

November 29, 2022 11:28 AM EST

Darden Restaurants (NYSE: DRI) was downgraded to Neutral from Outperform, with the price target raised to $150 from $134 at Baird in a note on Tuesday.

Analyst David E. Tarantino told investors that the firm still has a very positive view of the company's internal operating fundamentals and believes it is on track to deliver good results in FQ2-FQ3.

However, he added that when factoring in the year-to-date outperformance for the shares and... More

Hibbett Sports (HIBB) trading 8% lower following weak earnings and guidance

November 29, 2022 9:19 AM EST

Hibbett Sports (NASDAQ: HIBB) trading 8% lower following weak earnings and guidance.

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