Summary: Quarterly earnings reports, US Fed interest rate decision, global trends, and upcoming events like US FOMC meeting and auto sales figures to drive movement in domestic equity market. Major corporate earnings from Tata Chemicals, Central Bank of India, IOC, Adani group expected. Market momentum expected to focus on stock-specific action.
Full articleSummary: A higher-for-longer interest rate environment is driving value investment strategies in Asia, with China and Hong Kong seeing new interest due to compelling valuations, Japan benefiting from growth revival and corporate reform, and South Korea's chip sector gaining traction. Indian equities continue to be favored for their strong domestic consumption story.
Full articleSummary: Alphabet's target price was raised by Wells Fargo & Company from $141.00 to $168.00 with an 'equal weight' rating. Various other analysts also increased their price targets, while insiders have been selling company shares. Hedge funds and institutional investors have made changes to their positions in the stock.
Full articleSummary: Alphabet had its price target raised by Raymond James to $200.00 with an 'outperform' rating. Several other analysts also increased their price targets and ratings on the stock. Alphabet stock is up 10.2%.
Full articleSummary: Alphabet had its price target raised by Truist Financial and received multiple positive ratings from other research analysts. The company's stock price opened at $171.95 on Friday, with a 12-month high of $174.71. Alphabet reported positive quarterly earnings data on January 30th. Insider activity includes significant stock sales by CFO Ruth Porat and CAO Amie Thuener O’toole.
Full articleSummary: Tesla CEO Elon Musk visited Beijing to discuss Full Self-Driving software rollout and data transfer permissions with Chinese officials. Musk expressed intention to make FSD available in China soon. Tesla has stored Chinese fleet data in Shanghai since 2021, seeking approval to transfer it abroad for training autonomous driving algorithms.
Full articleSummary: John Deere unveils new forestry machines boasting higher productivity, lower fuel consumption, and improved operator ergonomics. New H Series models include harvesters and forwarders with increased load capacity, engine power, and driving speed.
Full articleSummary: Trading plans and signals for RTX include plans for longer term, swing trading, and day trading with specific buy, target, and stop loss levels. Resistance and support levels are identified along with recommendations for both buying and shorting strategies.
Full articleSummary: Nike is releasing a new version of the popular ‘Panda’ Dunk sneaker, the Nike Dunk Low ‘Suede Panda’, featuring black overlays in smooth suede.
Full articleSummary: Sean Payton, coach of the Denver Broncos, has a rookie quarterback Bo Nix to nurture along with drafting Troy Franklin as his new QB's top target. Nix's previous connection with Franklin could aid in his adjustment to the pros.
Full articleSummary: Charles Schwab Corporation (NYSE:SCHW) investors are due to receive a payment of $0.25 per share on 24th of May, with a dividend yield of 1.3%. The company's dividend has been comfortably covered by cash flow and earnings, with a projected EPS growth of 98.3% next year. Despite a flat EPS over the past five years, the dividend has shown a compound annual growth rate of approximately 15% over the last 10 years.
Full articleSummary: Intel drastically pared back operations in Russia, leaving only one employee as the director of two entities due to losses of $2.31 million in 2023. The decline started after the invasion of Ukraine in 2022, with revenues dropping to zero and employees reducing to 788 in 2023.
Full articleSummary: The future of Tesla's autonomous driving technology, specifically Autopilot, is being closely examined as the company faces numerous lawsuits related to fatal or serious crashes allegedly involving the driver assistance feature. These legal challenges, along with federal regulators' concerns and declining stock value, are putting pressure on Tesla. The outcomes of the upcoming trials could be pivotal for the company's future.
Full articleSummary: Tesla CEO Elon Musk visits China to explore collaboration opportunities and discuss market strategies amidst China's rapidly growing electric vehicle sector.
Full articleSummary: Pro-Palestine protestors, including Dr. Jill Stein, the Green Party presidential candidate, were arrested at Washington University by multiple police departments. The protest was organized to demand Wash U to divest from Boeing for supporting genocide in Gaza.
Full articleSummary: Charles Schwab Corporation (NYSE:SCHW) is set to pay a dividend of $0.25 per share on 24th of May, with a dividend yield of 1.3%. Despite having a low yield, the dividend is well covered by earnings and cash flow. The company has a solid track record of stable dividend payments, although achieving dividend growth may be challenging due to flat EPS over the past five years.
Full articleSummary: HP Spectre X360 laptop with Intel Core Ultra 200V Lunar Lake architecture shows up in benchmarks, outperforming Meteor Lake chips. Lunar Lake GPU achieved a score of 2108 Mpix/s on SiSoftware, indicating improved performance with Xe2 graphics even with fewer cores and lower power consumption. This architecture could be suitable for next-gen gaming handhelds, potentially competing with upcoming releases from AMD and NVIDIA.
Full articleSummary: Dell Technologies Inc. saw a significant share price rise of 54% in the past couple of months, bringing the company back closer to its yearly peak. However, it appears to be overvalued by 30%, trading above its intrinsic value. Future outlook suggests solid earnings growth in the upcoming years.
Full articleSummary: Dover had its target price boosted by Wells Fargo & Company, received positive ratings from multiple equities research analysts, and reported strong earnings results with a positive outlook for the fiscal year.
Full articleSummary: The New England Patriots have drafted quarterback Drake Maye, who is known for his leadership and commitment to his team, family, and community. The team had a trade offer to the Buffalo Bills blocked, and their director of scouting expressed interest in receiver Ja'Lynn Polk. Offensive tackle Caedan Wallace was also selected by the Patriots in the draft. The team has made changes to their draft room setup for a more inclusive process.
Full articleSummary: The investment report provides detailed trading plans for DOW, including longer term, swing, and day trading strategies based on technical analysis data. Ratings for DOW on April 28 show a neutral outlook with support and resistance levels provided.
Full articleSummary: General Dynamics reported positive first quarter 2024 results with revenue up 8.6% and net income up 9.5% from the same period last year. However, EPS was slightly below analyst estimates.
Full articleSummary: NVIDIA Co. (NASDAQ:NVDA) stock price traded up 5% on Friday with analysts setting new price targets and the company announcing a dividend. Insider transactions and institutional inflows/outflows were reported. NVIDIA also announced a 6.2% increase in stock with a market cap of $2.19 trillion.
Full articleSummary: Bloomberg's Mark Gurman outlined some of the new products he expects Apple to announce at its upcoming event: iPad Pro models with M4 chip, new Apple Pencil with haptic feedback, first-ever 12.9-inch version of iPad Air, and redesigned Magic Keyboard for iPads.
Full articleSummary: TUI stock recorded a 2% increase last week, indicating potential stability in a specific market segment. Plug Power saw a 2.7% rise, providing some relief amidst concerns. Rheinmetall-Aktie gained 2.78% due to positive news ahead of quarterly earnings. Norwegian Air Shuttle faced a 5% drop, despite a 31.6% increase in the year. Nel Asa shares surged over 7.3%, marking a significant breakthrough. China showed positive signs for the first quarter, indicating improvement. Nvidia stocks soared almost 7% in a week, marking a 15% gain. Coinbase saw a 5.67% increase, maintaining stability over 200 Euro. Ballard Power gained 3.7%, despite a weak performance for the week.
Full articleSummary: Türkiye is in talks with ExxonMobil for a multibillion-dollar LNG deal to reduce its dependence on Russian energy. The deal could secure up to 2.5 million tons of LNG annually for a decade.
Full articleSummary: A comprehensive analysis of the global E-brokerage market provides insights into market dynamics, key players, segmentation, growth trajectories, and regional classification, showcasing potential opportunities and challenges. The report includes a detailed examination of market participants, company profiles, product details, and industry trends.
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