May 27, 2022

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3 New Articles
  • 38 mins ago Jefferies upgrades Ulta to buy, says strong earnings are the ‘all clear’ for a recovery
  • 2 hours ago Credit Suisse downgrades Citi to neutral, says the bank has limited upside
  • 4 hours ago Cryptocurrency firms hope bear market will remove bad players
Home Tag Archives: Apple Inc

Tag Archives: Apple Inc

Business

Tech investor Paul Meeks says avoid from this FAANG stock

By The Texas Chronicle
11 hours ago
in :  Business
0
2

Tech investor Paul Meeks identified the FAANG stock he would currently stay away from despite the recent rout in the broader sector, saying parts of the company’s business “could be in some trouble.” That company is e-commerce giant Amazon , whose shares have dropped more than 30% so far this year, as of the Thursday close. “In the United States, …

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Business

Thursday top Wall Street calls: Tesla, Lululemon, Apple, Amazon

By The Texas Chronicle
23 hours ago
in :  Business
0
6

Here are Thursday’s biggest calls on Wall Street: Morgan Stanley reiterates Apple as overweight Morgan Stanley said in a note Wednesday night that reports of iPhone 14 delays are overblown. “Our supply chain checks don’t indicate delays, and looking at past flagship iPhone launches, there’s minimal impact to FY shipments or AAPL stock performance when a model launch is delayed.” …

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Business

Apple says it will raise pay for corporate and retail employees in tight labor market

By The Texas Chronicle
1 day ago
in :  Business
0
5

Steve Proehl | Corbis Unreleased | Getty Images Apple said on Wednesday that it will raise pay for corporate and retail workers later this year. The move comes during a historically tight labor market in the U.S. and as employees contend with increased inflation and cost of living. Apple’s move comes after Google, Amazon and Microsoft made changes to their …

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Business

Nvidia (NVDA) earnings Q1 2023

By The Texas Chronicle
2 days ago
in :  Business
0
5

Nvidia CEO Jensen Huang speaks during a press conference at The MGM during CES 2018 in Las Vegas on January 7, 2018. Mandel Ngan | AFP | Getty Images Nvidia reported fiscal first-quarter earnings on Wednesday, beating analyst expectations for sales and earnings, but the stock dropped more than 10% in extended trading at one point after the chipmaker gave …

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Business

Tesla, Best Buy, Apple, Amazon

By The Texas Chronicle
2 days ago
in :  Business
0
6

Here are Wednesday’s biggest calls on Wall Street: Oppenheimer upgrades CME to outperform from perform Oppenheimer said that the exchange company a good defensive play in a bear market. “We are upgrading CME from Perform to Outperform and introducing a price target of $223. The upgrade is predicated upon our assumption that no extreme events and recession are imminent, and …

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Business

Gina Raimondo warns U.S. needs to secure future for chip industry

By The Texas Chronicle
2 days ago
in :  Business
0
5

Commerce Secretary Gina Raimondo testifies before a Senate Appropriations Subcommittee on Commerce, Justice, Science, and Related Agencies hearing on Capitol Hill in Washington, D.C., U.S., February 1, 2022. Andrew Harnik | Reuters U.S. Commerce Secretary Gina Raimondo on Wednesday urged Congress to pass the CHIPS for America Act in order to safeguard national security and the future of the economy. …

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Business

Chip stock picks to cash in on semiconductor boom

By The Texas Chronicle
2 days ago
in :  Business
0
5

A massive sell-off in semiconductor stocks this year has created an opportunity to buy the dip, Morgan Stanley says, naming the two global chipmakers it expects to dominate. Semiconductor stocks have taken a beating this year, amid a broader sell-off across the tech sector. But Morgan Stanley believes this has created an opportunity to invest in some of the “highest …

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Business

Snap, Abercrombie & Fitch, Roblox and more

By The Texas Chronicle
3 days ago
in :  Business
0
5

A man photographs a banner for Snap Inc. on the facade of the New York Stock Exchange on the morning of the company’s IPO in New York City, March 2, 2017. Brendan McDermid | Reuters Check out the companies making headlines in midday trading Tuesday. Snap — Shares of Snapchat’s parent company plummeted 41.2% after Snap said it’s unlikely to …

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Business

‘The Big Short’ investor Michael Burry says 2022 is like ‘watching a plane crash’

By The Texas Chronicle
3 days ago
in :  Business
0
6

“The Big Short” investor Michael Burry, known for calling the subprime mortgage crisis, is drawing parallels between today’s market environment and that of 2008, saying it’s like “watching a plane crash.” Burry, who now runs a hedge fund at Scion Asset Management, struck a pessimistic tone in a tweet Tuesday as the sell-off resumed on Wall Street. The famed investor’s …

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Business

Electronic Arts, VMWare, GameStop and more

By The Texas Chronicle
4 days ago
in :  Business
0
6

Take a look at some of the biggest movers in the premarket: Electronic Arts (EA) – The video game maker’s shares rose 2.5% in the premarket after Puck News reported that the company was actively seeking a buyer or merger partner. EA has reportedly held talks with Walt Disney (DIS), Apple (AAPL) and Amazon (AMZN), among others. VMWare (VMW) – …

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Jefferies upgrades Ulta to buy, says strong earnings are the ‘all clear’ for a recovery

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Cryptocurrency firms hope bear market will remove bad players

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  • 38 mins ago

    Jefferies upgrades Ulta to buy, says strong earnings are the ‘all clear’ for a recovery

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    Credit Suisse downgrades Citi to neutral, says the bank has limited upside

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