Apple, UPS, Bilibili rise premarket; Hibbett, Chemours fall
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- Wall Street closes lower to end rocky week
- Meta's capital-raising plans expose a major weakness in the AI boom
- Oil prices jump $3 on Houthi attacks, oil spill, highest settlement since April
- BofA flags further downside risk for stocks, yields and dollar
- SpaceX cell-site ambitions lift tower stocks and weigh on carriers
Apple (AAPL) at session lows, down 2.4%
November 29, 2022 1:24 PM ESTApple (NASDAQ: AAPL) at session lows, down 2.4%
... MoreApple (AAPL) shares slide after TF Securities analyst cuts estimates on supply worries
November 29, 2022 11:48 AM ESTApple (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 ESTDarden 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 ESTHibbett Sports (NASDAQ: HIBB) trading 8% lower following weak earnings and guidance.
... More


