Roku said it expected two of its main revenue drivers—advertising and sales of streaming hardware—to come under further pressure during the second half of the year, sending the company’s shares down 2...
Tag: Recommendations
Amazon Is Expected to Post Slim Profit as It Manages Slower Demand
Amazon Inc. is expected on Thursday to report a modest quarterly profit on a meager rise in sales, as the tech-and-retail company continues to work through the overhang from its breakneck growth durin...
Buy Warner Bros. Discovery, But Sell Paramount, Goldman Says. Here’s Why.
Text size Combining and relaunching the HBO Max and Discovery+ services as well as cutting costs can be tough for WarnerMedia. Dreamstime Investors should buy Warner Bros. Discovery stock because the ...
Microsoft Stock Is a ‘Good Place to Hide.’ This Analyst CutsPrice Target Anyway.
Text size Microsoft updated its guidance to reflect higher foreign exchange headwinds ahead of its fourth-quarter earnings report. Jeenah Moon/Getty Images Microsoft won’t be immune to an economic slo...
Toys Are Staples, Making Mattel a Buy in a Recession, Says Analyst
Shares of Mattel rose this past Monday, but fell for the week, after an upgrade from Goldman Sachs analyst Michael Ng, who argued that the toy maker had the ability to navigate economic uncertainties....
Amazon’s Earnings Outlook Could Be Better Than Feared, Analyst Says
Text size Amazon workers pull a cart of packages for delivery in New York City. Michael M. Santiago/Getty Images Amazon . com will report second-quarter earnings two weeks from now, and the Street is ...
AT&T Stock Is a Buy Ahead of Earnings, Analyst Says
Text size ATT said in June it expected higher margins in the second half of the year. Dreamstime AT&T stock remains a Buy at Citi ahead of the company’s first earnings report since separating from...
Nvidia Stock Gets a Price Target Cut. Russia and China Will Hurt Sales.
Text size Nvidia has said that Covid-19 lockdowns in China, plus the suspension of sales in Russia, will reduce its second-quarter revenue by $500 million. Justin Sullivan/Getty Images Shares of Nvidi...
FSB to submit crypto and stablecoin regulation recommendations in October
The Financial Stability Board (FSB), an international body that monitors and proposes rules for the global financial system, will release recommendations to regulate stablecoins and cryptocurrencies i...
PayPal stock slips after downgrade: ‘Hard to ignore e-commerce woes’
PayPal Holdings Inc. PYPL shares have a “supportive” valuation after a recent slide, but the company may still face challenges stemming from pressure on the e-commerce industry, according to an analys...
Tesla Stock Today: Elon Musk’s Twins, EV Charging and What Else to Know
Text size It was revealed that Tesla CEO Elon Musk had twins last year with one of his top executives. Getty Images Shares of electric vehicle maker Tesla rose 1% in premarket trading Thursday. Here’s...
Netflix Q2 Subscriber Losses Could Be Worse Than Forecast, Analyst Warns
Text size The Netflix logo on top of its office building in Hollywood. Chris Delmas/AFP via Getty Images It’s now been almost three months since Netflix shocked investors with a very ugly first-quarte...
Anheuser-Busch InBev Stock Has Had It Tough. Why an Analyst Says It’s a Buy.
Text size Anheuser-Busch InBevh as been seeing ongoing strength in its core Latin American markets. Drew Angerer/Getty Images Investors have had little to cheer when it comes to Anheuser-Busch InBev s...
Micron’s Woes Are Trouble for Nvidia and These 5 Other Stocks
Text size A technician inspects a semiconductor wafer. Kobi Wolf/Bloomberg News last week that Micron Technology expects weak Chinese demand for semiconductors to hit its quarterly results means a ran...
Micron’s Weak Outlook Crushes Chip Stocks. There’s More Trouble Coming for Tech.
Text size Dreamstime Almost every analyst on Wall Street knew that the memory chip company Micron Technology was likely to provide quarterly guidance below previous Street estimates. And that’s exactl...
AMD stock gets an upgrade as analyst says recession worries are already priced in
Advanced Micro Devices Inc. likely wouldn’t be immune to the effects of a recession, but Northland Capital Markets analyst Gus Richard said that risk is already baked into AMD’s stock price. While he ...
The Most Valuable Business on Earth Could Be Hiding Inside Amazon
Text size Amazon has created what is arguably one of the world’s best growth businesses. Thomas Samson/AFP via Getty Images Amazon Web Services just might be the most valuable business on Earth....
Chip Stocks Are in for Trouble, Analyst Says. 4 Stocks Get Downgrades.
Text size The iShares Semiconductor ETF has fallen even more than the overall market this year. Courtesy of Texas Instruments BofA Global Research is getting more downbeat about the chip industry. Eve...
Carnival Stock Could Fall to $0 in a Worst-Case Scenario, Analyst Says
Text size Carnival Dream cruise ship is docked at Port B in Key West, Florida. Chandan Khanna/AFP via Getty Images Carnival stock was tumbling Wednesday after Morgan Stanley cut its price target to a ...
DraftKings Lands New Bull as Profitability Nears. This Analyst Also Likes Penn.
Text size Casinos are traditionally unaffected even in a recession scenario. Ethan Miller/Getty Images DraftKings and Penn National Gaming stocks will outperform the market by selling additional produ...
Intel Stock Will Plunge Further, Analyst Says
Text size Intel posted June-quarter financial results that fell far short of Wall Street estimates. David Paul Morris/Bloomberg Bernstein doesn’t believe Intel ’s troubles are behind it after the chip...