Summary: Gilead Sciences had its price target lowered by TD Cowen to $85.00 with a 'buy' rating, offering a potential upside of 29.93%. Despite receiving various ratings, the stock currently holds a consensus rating of 'Hold' with a consensus target price of $83.87.
Full articleSummary: Sigma Planning Corp decreased its holdings in JPMorgan Chase & Co. by 57.3% during the 4th quarter, with other large investors also buying and selling shares of the company. Wall Street analysts have provided mixed ratings on the stock, with price targets ranging from $182.00 to $228.00. Insiders, including CEO James Dimon and Vice Chairman Peter Scher, have been actively selling shares. The stock is currently trading up 0.1% and recently increased its quarterly dividend to $1.15.
Full articleSummary: Elon Musk visited China for talks and meetings with trade officials, amidst China being a crucial market for Tesla's electric vehicles. Musk praised Chinese EV companies and discussed cooperation and future steps with officials.
Full articleSummary: Google reportedly fired its entire Python team, leading to speculation of cost-cutting measures and sourcing cheaper options outside the US. This move is seen as significant given Google's reliance on Python for its AI operations.
Full articleSummary: Lucasfilm's upcoming Disney+ animated series, Star Wars: Tales of the Empire, has confirmed seven actors for its cast including Lars Mikkelsen as Grand Admiral Thrawn and Jason Isaacs as The Grand Inquisitor. The show will explore the Empire's era and focus on some of the franchise's villainous characters.
Full articleSummary: The Denver Broncos selected Bo Nix as their rookie quarterback in the NFL draft and also drafted wide receiver Troy Franklin to support him. Nix and Franklin have a successful history in college, and the team is placing trust in Nix's experience to make him NFL-ready.
Full articleSummary: Boeing had its price target reduced by Citigroup from $252.00 to $224.00 with a buy rating. Multiple analysts provided ratings and price targets for the company. Boeing's stock is currently trading up 0.2%. Institutional investors have been adjusting their stakes in BA.
Full articleSummary: An EVP of Danaher Co. sold 22,433 shares of the company's stock for a total value of $5,618,569.18. Danaher reported quarterly earnings exceeding estimates. The company also increased its dividend, resulting in a higher annualized dividend and yield. Various analysts have given Danaher favorable price targets and ratings.
Full articleSummary: Microsoft challenges the need for massive cloud-hosted AI models with their new Phi-3 Mini, a compact AI powerhouse capable of rivaling larger models in performance. The Mini, with 3.8 billion parameters, is just the first in a series of compact models planned by Microsoft.
Full articleSummary: Union Pacific (NYSE:UNP) had its price target increased by TD Cowen from $252.00 to $258.00 with a 'buy' rating, suggesting a potential upside of 6.26%. Several other analysts also raised their price targets and ratings on the stock.
Full articleSummary: The S&P 500 and Nasdaq had their best week since November, while the Dow also saw gains. Tech stocks like Invesco QQQ Trust QQQ had a strong performance. U.S. economic growth decelerated in Q1 with unexpected rises in inflation metrics. Benzinga highlighted bullish stories on Microsoft, meme coins, and Palantir, while also mentioning bearish views on cryptocurrency greed, Trump Media & Technology Group Corp., and Tesla.
Full articleSummary: Google is relaunching its Pixel Tablet with no major changes in design or specs but will be selling accessories like stylus and keyboard separately. Pricing strategy is expected to change, making the tablet more accessible without the need for the Charging Speaker Dock. The release date is set for May 10, with potential competition from Google I/O 2024 for a new Pixel Tablet 2 reveal.
Full articleSummary: Amphenol (NYSE:APH) had its target price raised by Bank of America from $121.00 to $124.00 with a buy rating. The company recently announced positive earnings results and a dividend increase, and initiated a $2.00 billion share repurchase program. Insiders have been selling company stock, while institutional investors have been increasing their stakes.
Full articleSummary: Tesla has increased the price of the Model 3 Performance in the U.S. by $1,000 to $53,990, making it still eligible for the $7,500 tax credit. This price increase does not apply to Canada where the price remains at CAD $69,990. Certain package options, like the $2,000 Ultra Red paint upgrade, can make the Model 3 Performance ineligible for the IRS tax credit. Some states provide additional EV credits which can be stacked with the federal incentive. The Model 3 Performance has been launched in various markets worldwide.
Full articleSummary: Nvidia stock has experienced a significant rally, with a 15% increase in share price between April 19 and 26. Positive results in the fourth quarter contributed to this rise, and there is anticipation that Q1 results may further impact AI-powered cryptocurrencies.
Full articleSummary: StockNews.com downgraded Honeywell International from a 'buy' rating to a 'hold' rating. The company has received mixed ratings from several research reports, with analysts predicting an average price target of $219.67. Honeywell International stock was up 0.2% on Friday and has shown a stable financial performance.
Full articleSummary: Tesla, the electric vehicle (EV) maker, experienced a significant share price decline from a $1 trillion market cap to $520 billion. To reclaim its former glory and get back into the trillion-dollar club by 2030, Tesla needs to focus on consistent growth, launching new models like the Cybertruck, and delivering on promises like full self-driving (FSD) capabilities.
Full articleSummary: Chevron's integrated business model produced solid Q1 results, with strong U.S. production growth offsetting weaker natural gas prices and refining margins. The company continues to generate substantial cash, returning billions to shareholders. Its elite balance sheet allows it to weather market volatility, making it a solid long-term energy stock.
Full articleSummary: Bristol-Myers Squibb had its price target lowered by analysts at BMO Capital Markets and present a 'market perform' rating. Several analysts have given hold and buy ratings to the company. Bristol-Myers Squibb last reported earnings beat the consensus estimate. Hedge funds have shown interest in the stock.
Full articleSummary: Salesforce, Inc. (NYSE:CRM) reported a 1% increase in stock price during mid-day trading on Friday. Several brokerages have issued positive price target revisions and ratings upgrades for CRM. The company's recent earnings report exceeded analysts' expectations, with a strong outlook for EPS. A dividend announcement and insider activities have also occurred.
Full articleSummary: ExxonMobil benefiting from rising oil prices due to geopolitical conflicts in the Middle East. The company has a strong capital management history and a diversified business model across the energy supply chain.
Full articleSummary: Bank of America stock has surged by nearly 44% since last November due to the Federal Reserve pausing its interest rate-hiking campaign, although inflationary pressures are delaying interest rate cuts. Investors are questioning whether Bank of America should be included in their portfolios.
Full articleSummary: NVIDIA released the RTX A4000 Laptop GPU, based on GA104 Ampere chip, with 8GB GDDR6 memory, PCIe 4.0 support, and performance similar to GeForce RTX 3070 for laptops at same TGP level.
Full articleSummary: The Department of Justice filed an antitrust suit against Apple, accusing the company of monopolizing the smartphone market by limiting interoperability between Apple and outside operating systems. This case raises concerns about consumer welfare and the impact of company ecosystems on consumer choice.
Full articleSummary: The press release explores differentiators in the Generative Artificial Intelligence (Gen AI) Services market, emphasizing the importance of identifying niche opportunities and sustainable practices. It also delves into business strategies employed by key players and financial performance analysis to gauge market share and growth potential.
Full articleSummary: Wells Fargo & Company reduced the price target of Amer Sports (AS) from $19.00 to $17.00 and maintained an overweight rating on the stock. Other analysts have also given positive ratings to AS.
Full articleSummary: Charles Schwab CFO sold shares, declared dividend and price targets set by analysts. Institutional investors modifying holdings. Brokerages have mixed ratings on the stock.
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