Walt Disney, Exxon, Lockheed Martin rise premarket; Spotify, Delta fall
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- S&P 500 falls as AI worries hit software makers
- Brent crude hits six-week high near $97 as Houthi strike targets Saudi Aramco
- Qualcomm stock surges 9.5% on Amazon AI deal & 25M share warrant
- Energy stocks rise premarket as oil prices climb on Middle East supply fears
- Novartis shares plunge 10% as failed drug trial clouds growth outlook
- Citi initiates UiPath coverage with Buy rating and $23 target
- Harry and Meghan surprised by King Charles' letter on their status
- S&P 500 falls as AI worries hit software makers
- WestPark Capital Starts Akebia Therapeutics (AKBA) at Buy
- After an 18% summer selloff in chip stocks, Citi asks what comes next
- After-Hours Movers: LULU, IOT, PATH, DOCU, ASAN, GWRE, ZS, PL, SWBI, OXM
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Susquehanna cuts airlines price targets as 'things could get worse before they get better'
October 11, 2023 10:16 AM EDTSusquehanna analyst Christopher Stathoulopoulos cut the price target for various airline stocks Wednesday, stating that "getting back to normal doesn't look so good."
The analyst told investors in a note that with its airline coverage down fully ~35% since early July, the view is "a bottom is here (or close) would seem reasonable."
However, "with FY24 consensus estimates for capacity still aspirational, we believe... More
Needham & Company says the NFL should buy this linear TV network
October 9, 2023 9:30 AM EDTNeedham & Compay analysts believe the NFL shouldn't stand by and witness the destruction of the linear TV ecosystem.
Analyst Laura Martin said in a note Monday that the sports league should buy ABC from Walt Disney (NYSE: DIS) as the linear TV ecosystem "has powerful economics that largely flow to the NFL and other sports leagues."
Martin explained that the NFL is widely... More
