Dow Jones, Nasdaq, S&P 500 weekly preview: Stocks rally likely over - analysts
- S&P 500 ends higher as markets weigh rising yields, upbeat corporate results
- Tesla touts acceleration of new models, but Q1 results fall short of estimates
- Boeing reports first revenue drop in 7 quarters as deliveries decline
- Oil settles lower as U.S. business activity cools, concerns over Middle East ease
- Yen on the brink, but Tesla pulls back
- Fisker (FSR) Appoints Michael Healy as Chief Restructuring Officer
- Seagate Technology (STX) Enters $600M Asset Purchase Agreement with Avago
- Hasbro (HAS) brand strength sees earnings top expectations
- China acquired top-end Nvidia AI chips despite recent US ban- Reuters
- Crude Inventory Declined 6.4 Million Barrels Last Week
- Midday movers: Tesla, Boeing rise; Uber, Old Dominion Freight fall
- After-hours movers: Tesla, Texas Instruments, Seagate, Visa and more
- Midday movers: PepsiCo, JetBlue fall; GM, Danaher and UPS rise
- After-hours movers: Cadence Design Systems, Cleveland-Cliffs, Riot Platforms, and more
- Midday movers: Tesla, Li Auto and CNH Industrial fall; Salesforce rises
RBC Capital on Uber Inc. (UBER): 'Cleanest report since going public'
February 8, 2023 1:11 PM ESTRBC Capital analyst Brad Erickson reiterated an Outperform rating and $46.00 price target on Uber Inc. (NYSE: UBER).
The analyst comments "UBER's Q4 report was unprecedentedly clean though it was against elevated expectations where UBER is one of the more loved names in internet... More
Uber outperforming the overall constructive environment - Needham & Company
February 6, 2023 2:21 PM ESTNeedham & Company analyst Bernie McTernan said in a research note Monday that Uber (NYSE: UBER) is outperforming in the overall constructive environment.
The analyst, who has a Buy rating and a $54 price target on the stock, explained that the firm sees the... More
The golden cross could provide a bullish signal, usually shines when associated with recessions - BofA
February 6, 2023 9:01 AM ESTIn a research note last Friday, BofA's Stephen Suttmeier said that the "golden cross" could provide a bullish signal for US equities.
A "golden cross" is a bullish technical signal that occurs when the 50-day moving average (MA) moves above the 200-day MA.
"On 2/2/2023, the S&P 500 (SPX) triggered its 49th golden cross since 1928. SPX returns after a golden cross are the... More
Morgan Stanley trims PayPal (PYPL) on conservative eComm view
February 6, 2023 7:55 AM ESTMorgan Stanley reiterated an Overweight rating on PayPal (NASDAQ: PYPL) and cut their price target for the online payment company to $133.00 (from $136.00) after trimming estimates ahead of 4Q22 earnings results. PYPL is expected to release 4Q results on Thursday February... More
Morgan Stanley believes Disney (DIS) can deliver growth
February 6, 2023 7:38 AM ESTMorgan Stanley reiterated an Overweight rating and $115.00 price target on Disney (NASDAQ: DIS) ahead of the mass media companys 1Q23 earnings report. Analyst, Benjamin Swinburne remains optimistic that Disney's Parks segment, which represents the majority of its earnings, can deliver healthy growth in... More