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Expect Healthy Online Spending This Holiday Season, Says Analyst: What To Know
Wednesday, September 25, 2024 - 6:12pm | 442BofA Securities says U.S. consumers are focused on value and sees Amazon.com, Inc. (NASDAQ:AMZN) and Walmart Inc. (NYSE:WMT) well-positioned in the e-commerce industry to reap the benefits heading into the holiday season. What To Know: On Wednesday, BofA released its 2025 annual e-commerce survey...
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BofA Sees 'AI With Context And Privacy' As Apple's Key To Growth
Wednesday, June 26, 2024 - 12:35pm | 317BofA Securities updated its deep-dive on Apple Services segment following Apple, Inc.'s (NASDAQ:AAPL) recent announcements at its WWDC event to integrate artificial intelligence (AI) into its operating systems. The Details: BofA sees the new Apple Intelligence features and AI integrations driving...
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Intel Business Model 'Structurally Misaligned With Industry Direction,' Analyst Says
Monday, March 6, 2023 - 11:52am | 435Intel Corporation (NASDAQ: INTC) is facing a tough challenge as its business model is said to be "structurally misaligned with industry direction," according to a bearish note issued Sunday by Bank of America Global Securities. The BofA Analyst: Vivek Arya maintained an Underperform...
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Freyr Battery Sees A Jolt After BofA Initiates Coverage With Buy Rating: What You Need To Know
Friday, February 10, 2023 - 11:20am | 480Battery manufacturer Freyr Battery SA (NYSE: FREY) is set to become a major player in the gigafactory industry. So much so, that shares of Freyr jumped nearly 6% higher during Friday’s premarket session after analysts at Bank of America Global Research initiated coverage on the stock. The...
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Why These Uber Analysts Are Bullish Ahead Of Q4 Earnings
Monday, February 6, 2023 - 12:05pm | 670Uber Technologies Inc. (NYSE: UBER) will issue its fourth-quarter 2022 earnings on Feb. 8 before market open, here’s what the Street is expecting. Wall Street expects the ridesharing giant to issue a loss of 22 cents per share, on quarterly revenues of $8.1 billion, according to data from...
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4 Intel Analysts React To 'Historic Collapse' In Q4 As Investors Head For Exits
Friday, January 27, 2023 - 10:56am | 479Intel Corporation (NASDAQ: INTC) reported lower-than-expected results for the fourth quarter Thursday, with revenue of $14.042 billion, down 8% quarter-over-quarter. The lackluster quarter was due to further deterioration in demand, with the company's Client Computing Group (CCG) segment being...
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Rising Star: Wayfair's Impressive Revenue Trends Catch Top Analysts' Attention
Monday, January 23, 2023 - 12:03pm | 424The home furnishings industry is seeing a shining star rise from the pandemic, as Wayfair Inc. (NYSE: W) sets its sights on achieving breakeven or better EBITDA for the first time since 2020. The online retailer's impressive revenue trends have caught the attention of top analysts, with a bevy...