Summary: Wells Fargo analyst Michael Turrin maintained a Buy rating on Guidewire with a price target of $130.00. The company's shares closed at $113.55. The word on The Street suggests a Moderate Buy analyst consensus rating for Guidewire with a $127.45 average price target.
Full articleSummary: Wells Fargo analyst maintained a Buy rating on Intuit and set a price target of $725.00, while Jefferies also maintained a Buy rating with a $760.00 price target. The company's shares closed at $636.55. Negative insider sentiment with an increase in insiders selling their shares.
Full articleSummary: Wells Fargo analyst maintained a Hold rating on Retail Opportunity Investments (ROIC) with a price target of $14.00, while BMO Capital also maintained a Hold rating with a $14.00 price target. The company's shares closed at $12.25, and the analyst consensus rating suggests a $13.75 average price target.
Full articleSummary: Analysts have provided new ratings on Intuit, Super Micro Computer, and 8X8 in the Technology sector.
Full articleSummary: Analysts at Wells Fargo and D.A. Davidson maintained a Hold rating on Salesforce. Robert W. Baird reiterated a Buy rating on Salesforce. Corporate insider sentiment is negative as insiders have been selling their shares of CRM.
Full articleSummary: Michael Turrin from Wells Fargo maintained a Sell rating on DocuSign (DOCU) with a price target of $48.00. The company's shares closed at $57.20. DocuSign has an analyst consensus of Hold with a price target consensus of $66.77. Recent corporate insider activity shows negative sentiment on the stock.
Full articleSummary: SouthState Bank, with over $45 billion in assets, is facing a proposed class action lawsuit for a massive data breach compromising customers' sensitive personal information, including full names, financial account numbers, and Social Security numbers.
Full articleSummary: Nvidia invested in SoundHound AI and Arm Holdings late last year, both companies share royalties revenue model and are beneficiaries of the AI revolution. SoundHound has a strong potential for growth in the future.
Full articleSummary: Alphabet's price target was raised by Needham & Company LLC to $210.00 with a 'buy' rating. Several other brokerages also increased their price targets and ratings for GOOGL. CEO Sundar Pichai sold shares of the company. Institutional investors have significantly invested in Alphabet.
Full articleSummary: Alphabet had its price target boosted by Wedbush analysts to $205.00 with an "outperform" rating, suggesting a potential upside of 19.22%. Wedbush also provided earnings estimates and other analysts have given buy ratings to the stock. Alphabet reported $1.64 EPS in its latest quarterly earnings.
Full articleSummary: Alphabet's target price was raised by analysts at Sanford C. Bernstein to $180.00 with a 'market perform' rating, suggesting a 4.68% potential upside from the current price. Several other analysts also raised their price targets and ratings for Alphabet, with an average price target of $187.82. Alphabet had a return on equity of 30.01% and a net margin of 25.90%. Insider trading activities and institutional investments were reported recently.
Full articleSummary: Alphabet (NASDAQ:GOOGL) had its target price increased by Wolfe Research from $180.00 to $200.00 with an 'outperform' rating, suggesting a potential upside of 16.31%. Analysts remain bullish on the stock with a consensus rating of 'Moderate Buy' and a consensus target price of $187.82.
Full articleSummary: Meta (formerly Facebook) has incurred significant losses amounting to $4 billion on its AR/VR division. The company's AR/VR Reality Labs division has been consistently showing losses, with operating losses expected to increase significantly year-over-year.
Full articleSummary: The Federal Reserve is expected to shift towards a more hawkish stance due to rising inflation data, possibly hinting at keeping policy restrictive for longer. Economists predict only one rate cut this year, with concerns over the economy potentially entering stagflation. The Fed is also anticipated to announce a slowdown in its 'quantitative tightening' program by reducing the pace of balance sheet reduction.
Full articleSummary: Rumors suggest Apple may remove physical buttons from upcoming iPhone 16, replacing them with solid-state buttons. While there are benefits like improved aesthetics and durability, concerns include loss of tactile feedback and ease of use.
Full articleSummary: The news discusses the mixed reactions in the crypto space, highlighting the massive rally in Hedera (HBAR) due to misinterpreted BlackRock involvement, the potential $500 breakout for Litecoin (LTC), and the significant opportunities of 20% bonus on purchases in KangaMoon (KANG) presale.
Full articleSummary: President Biden signed H.R. 815 into law, which includes a potential ban on TikTok in the U.S. by Jan. 15, 2025, benefiting Meta Platforms and potentially Alphabet in the social media competition. However, the impact on Alphabet's stock might be limited, as the ban would only affect the U.S. market, which is less than half of Alphabet's total revenue.
Full articleSummary: Snowflake (NYSE:SNOW) shares plunged over 31% due to disappointing guidance and unexpected CEO change, despite exceeding Q4 expectations. Analysts remain bullish, viewing the pullback as a buying opportunity for long-term growth.
Full articleSummary: Allegations of former state official Britt Harris working for BlackRock were strongly denied. Harris led UTIMCO in a strategic partnership with BlackRock, but conflicted with the company over political matters. Eventually, SBOE divested PSF funds from BlackRock due to concerns of discriminating against Texas oil and gas producers.
Full articleSummary: Microsoft is testing full-screen promotional recommendations for Edge and other services in Windows 11 after recent updates. The ads include promoting Microsoft Edge, Microsoft 365, OneDrive, and other services, with options to skip the suggestions during the PC setup process.
Full articleSummary: Nathaniel Lowe has been performing well since his return from the injured list, contributing to the Texas Rangers' lineup with both his bat and glove.
Full articleSummary: Nathaniel Lowe of the Texas Rangers has been performing well since returning from the injured list, contributing significantly to the team's offense.
Full articleSummary: Elon Musk visits China to discuss Tesla's Full Self-Driving software and agreements on sharing data in the country.
Full articleSummary: The first-quarter GDP report showed deceleration and missed estimates due to factors like trade deficit and slower inventory restocking. However, consumer demand, particularly in services, continues to be robust, with a 4.0% growth rate. Despite slower growth in real disposable incomes, Americans are spending more, leading to a low personal savings rate. Excluding the trade impact, the report would have aligned with forecasts, showing a healthy and stable growth trend.
Full articleSummary: Apple is cutting Vision Pro production in half due to a decline in sales.
Full articleSummary: BlackRock's ETF $IBIT, the most-traded spot Bitcoin ETF, appoints Lindsey Haswell from MoonPay as a new board member, replacing Kimun Lee.
Full articleSummary: Microsoft Edge, a modern web browser with unique features like Copilot for text and image generation, Split Screen feature, and integrated Shopping functionality. It offers a somewhat minimal toolbar with customizable buttons and a large address bar.
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