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StreetInsider.com Top Tickers, 9/5/2026
- Wall Street ends lower as solid jobs data fuels hawkish Fed bets
- US nonfarm payrolls blow past expectations in August; unemployment rate steady at 4.1%
- BofA's Hartnett says stay long commodities and gold as 'policy panic' works
- Oil ends week higher on renewed US-Iran strikes, diesel hits record
- TikTok owner ByteDance said to secure $29.6bn loan for AI push
- After-Hours Movers: LULU, IOT, PATH, DOCU, ASAN, GWRE, ZS, PL, SWBI, OXM
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Snap (SNAP) to lay off 10% of global full-time workforce
February 5, 2024 9:35 AM ESTSnap (NYSE: SNAP) shares edged just over 1% higher Monday morning after the company announced it plans to reduce its global full-time employee headcount by approximately 10%, or 529 employees.
It is the latest layoff announcement for the tech company, which has conducted multiple... More
Citi's Take on Apple (AAPL) and Hon Hai Jan Revenue Implications
February 5, 2024 8:48 AM ESTCiti analyst Atif Malik reiterated a Buy rating and $225.00 price target on Apple (NASDAQ: AAPL)
The analyst comments "Hon Hai, ~ 50% Apple sales exposure, reported Jan revenue before the market open with +13% M/M (above 3-year seasonal average of -21%)... More
7 Themes to watch in 2024
February 4, 2024 2:00 PM ESTGoldman Sachs recently released its January update, presenting the "Top Themes" that their analysts believe investors should watch in 2024. Alongside this, the equity research firm made notable changes to its Conviction List, adding Parker Hannifan (NYSE: PH) and Textron (NYSE: TXT) while removing Bath & Body Works (NYSE: BBWI), Boeing (NYSE: BA), Shift4 Payments (NYSE: FOUR), and AIG (NYSE: AIG).
The Conviction List is Goldman Sachs' strategic approach to identifying... More
Atlassian Corporation (TEAM) PT Raised to $250 at FBN Securities
February 2, 2024 1:42 PM ESTFBN Securities analyst Shebly Seyrafi raised the price target on Atlassian Corporation (NASDAQ: TEAM) to $250.00 (from $210.00) while maintaining a Outperform rating.
The analyst comments "We retain our Outperform rating on TEAM and raise our PT from $210 to $250 fol l owing... More
Skechers USA (SKX) shares drop as FY24 guidance disappoints
February 2, 2024 7:30 AM ESTSkechers USA (NYSE: SKX) shares tumbled more than 10% Friday after the company's latest quarterly earnings report missed revenue and guidance expectations.
The footwear company reported fourth-quarter earnings of $0.56 per share after the close on Thursday, $0.01 better than the analyst estimate of $0.55 per share, while revenue for the quarter came in at $1.96 billion, below the... More
