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Apple's Generative AI Rollout On iPhone 16 Expected To Evolve Slowly: Analysts Warn Of Limited Immediate Impact
Tuesday, August 27, 2024 - 6:02am | 734Apple Inc. (NASDAQ:AAPL) has scheduled a special event on Sept. 9 to unveil the iPhone 16, which is expected to integrate generative artificial intelligence. What Happened: The event, tagged “It’s Glowtime,” will be held at the Steve Jobs Theater in Apple Park and streamed online...
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Google Layoffs Only The Latest In Tech Sector Bloodbath
Friday, January 20, 2023 - 12:26pm | 565Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) shares rallied 4.9% on Friday after the Google parent company became the latest tech giant to announce layoffs. What Happened: On Friday, Google CEO Sundar Pichai sent an email to the company's staff informing them that Alphabet will begin laying...
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Pinterest Analyst Says Elliott Management's Impact 'Could Be Limited': What Investors Should Know
Friday, July 15, 2022 - 1:35pm | 567Pinterest Inc (NYSE: PINS) rallied 14.8% on Friday following reports that activist investor Elliott Management has taken a 9% stake in the company. What Happened? On Thursday, the Wall Street Journal reported Elliott Management has taken a sizable stake in Pinterest and has been conducting...
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'Soap Opera Ends': Analysts React To Musk's Twitter Buyout
Tuesday, April 26, 2022 - 1:11pm | 632Controversial Tesla Inc (NASDAQ: TSLA) CEO Elon Musk has Wall Street buzzing after social media platform Twitter Inc (NYSE: TWTR) accepted Musk's hostile takeover bid to take Twitter private for $44 billion. Twitter's board of directors accepted Musk's bid on Monday after initially...
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CFRA Downgrades Twitter After Musk Offer: Here's Why
Thursday, April 14, 2022 - 10:23am | 307Tesla Inc (NASDAQ: TSLA) CEO Elon Musk announced an intention to acquire Twitter Inc (NYSE: TWTR) for around $43 billion, or $54.20 per share, which represents a 38% premium “from his position being publicly announced,” according to CFRA. The Twitter Analyst: Angelo Zino downgraded...
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DoorDash Stock Rallies On Q3 Earnings: 3 Analyst Takes
Wednesday, November 10, 2021 - 1:22pm | 428DoorDash Inc (NYSE: DASH) reported third-quarter earnings results that ahead of expectations after the closing bell on Tuesday. The company has inked an agreement to acquire Helsinki-based food delivery company Wolt Enterprises for $8.1 billion in stock. Here's what the Street has to say after...
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Twitter Stock Sinks After Q3 Earnings: 5 Analysts React To Impact Of iOS Privacy Changes
Wednesday, October 27, 2021 - 3:18pm | 560Twitter Inc (NYSE: TWTR) shares tumbled 9.6% on Wednesday after the company disappointed the market with lackluster sales guidance. On Thursday, Twitter reported third-quarter adjusted EPS of 18 cents, beating consensus analyst estimates of 15 cents. Revenue of $1.284 billion fell just short of...
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Why This Apple Analyst Is Excited
Wednesday, April 21, 2021 - 10:31am | 280When he was on CNBC's "Squawk Box" Wednesday, CFRA Research analyst Angelo Zino restated a buy rating on Apple Inc (NASDAQ: AAPL) for investors with a longer-term horizon. What Happened: Apple held its first event of 2021 Tuesday when the company announced the...
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8 Lyft Analysts React To Q2 Earnings, California Risks
Thursday, August 13, 2020 - 5:02pm | 1186Ride-hailing company Lyft Inc (NASDAQ: LYFT) reported second-quarter results that immediately sent shares trading higher. But the stock reversed course and dipped into negative territory as the company acknowledged it may need to pause its operations in California. The Analysts CFRA analyst...
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Uber Vs. Lyft: Which Is In A Better Position To Weather COVID, California Storms?
Thursday, August 13, 2020 - 12:00pm | 447Uber Technologies Inc (NYSE: UBER) and Lyft Inc (NASDAQ: LYFT) both stand to experience headwinds from a negative California ruling that they must classify drivers as employees. But among the two ride-hailing companies, Uber is better positioned to weather the storm, according to two analysts. Lyft...
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8 2019 IPO Stocks To Buy, Sell Or Hold
Wednesday, March 4, 2020 - 2:15pm | 1247Overall, 2019 was a huge year for the stock market, and there were plenty of high-profile IPOs throughout the year as well. Unfortunately, some of the most eagerly anticipated IPOs of the past year ended up being flops for investors. But now that the excitement and volatility associated with 2019...
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Lyft's Q4 Highlighted By Stronger Rider, Revenue Growth; Investors Still Skeptical
Wednesday, February 12, 2020 - 2:16pm | 630Shares of Lyft, Inc. (NASDAQ: LYFT) continued to drop on Wednesday after a fourth-quarter earnings report that seems to have disappointed investors, but sell-side analysts continued to recommend the stock on strong revenue growth, and even upped price expectations for shares of the ride-hailing...
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What Analysts Have To Say About Nvidia Following Earnings Beat
Friday, August 16, 2019 - 11:55am | 567NVIDIA Corporation (NASDAQ: NVDA) shares jumped 6.7% on Friday after the company reported better-than-expected earnings and revenue in the second quarter. Despite a 17% drop in sales compared to a year ago, Nvidia impressed the market with $1.31 billion in gaming revenue, slightly above consensus...
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Lyft's Quarter Shows Ride-Sharing Market Strength, May Be Good Sign For Uber
Thursday, August 8, 2019 - 12:40pm | 818Lyft Inc.'s (NASDAQ: LYFT) strong quarter and acceleration toward profitability shows the overall ride-sharing market is rolling along nicely in the United States, which may bode well for Uber Technologies Inc (NYSE: UBER), sell-side analysts said. Lyft’s results in just its second...
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AMD Drops On Mixed Quarter, Analysts Weigh In
Wednesday, July 31, 2019 - 11:40am | 450Advanced Micro Devices, Inc. (NASDAQ: AMD) shares dropped more than 8% Wednesday after the company reported a mixed second quarter on Tuesday. Despite slightly beating consensus analyst estimates, AMD reported a 13% drop in revenue in the quarter. AMD management said semi-custom product revenue and...