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Meta Platforms 'In Rarified Air' With Scale, Growth, Profitability: 12 Analysts Size Up Q2 Results, How 'Zuck Won AI Bingo Before The Game Started'
Thursday, August 1, 2024 - 1:36pm | 1364Meta Platforms Inc (NASDAQ:META) gets higher price targets from analysts on the strength of its artificial intelligence initiatives, though with some concerns about higher spending, after reporting second-quarter financial results that beat estimates. The Meta Platforms Analysts: KeyBanc analyst...
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Carvana Drives Profitability With Stronger Unit Sales In 'Another Sterling Quarter,' 4 Analysts Are Optimistic
Thursday, August 1, 2024 - 12:39pm | 614Shares of Carvana Co (NYSE:CVNA) climbed in early trading on Thursday, after the company reporting upbeat second-quarter results. The results came amid an exciting earnings season. Here are some key analyst takeaways. Piper Sandler analyst Alexander Potter reiterated a Neutral rating, while...
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Meta Platforms Q2 Earnings Preview: AI In Focus As 'Advertisers Spend On The Best Digital Channels — Including Meta,' Analyst Says
Tuesday, July 30, 2024 - 12:24pm | 783Artificial intelligence progress and advertising spending are among the topics analysts and investors are eyeing when Meta Platforms (NASDAQ:META) reports second-quarter financial results after market close Wednesday, July 31. Earnings Estimates: Analysts estimate Meta Platforms will report second-...
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Google Analysts See Upside For Alphabet Stock Following Q2 Earnings As Generative AI Drives Accelerated Search Growth
Wednesday, July 24, 2024 - 1:17pm | 680Alphabet Inc (NASDAQ:GOOG) (NASDAQ:GOOGL) analysts remain largely positive on the tech giant despite the stock selling off on second-quarter earnings. Multiple analysts maintained positive ratings following the print, highlighting generative AI-related strength in Search. What Happened: Alphabet...
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7 Apple Analysts Mixed On WWDC 2024: iPhone Upgrade Cycle Coming, But When?
Tuesday, June 11, 2024 - 11:26am | 1075Technology giant Apple Inc (NASDAQ:AAPL) kicked off its Worldwide Developers Conference (WWDC) Monday, highlighting new features for iPads and iPhones and a deeper push to integrate artificial intelligence on products. Here's what analysts are saying after the event. The Apple Analysts: Needham...
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Carvana's Q4 Earnings Impress Analysts, Shares Surge On Strong Profit Outlook
Friday, February 23, 2024 - 2:23pm | 652Shares of Carvana Co (NYSE: CVNA) were climbing in early trading on Friday, after the company reported its fourth-quarter results. The results came amid an exciting earnings season. Here are some key analyst takeaways from the release. RBC Capital Markets On Carvana Analyst Brad Erickson maintained...
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Uber Aims To Gain Speed, 'Struck Right Tone': 7 Analysts Provide Investor Day Takeaways
Thursday, February 15, 2024 - 11:45am | 816Shares of Uber Technologies Inc (NYSE: UBER) rose sharply on Wednesday, after the company announced the share repurchase of up to $7 billion. Last week, the ride-sharing giant announced its fourth-quarter results amid an exciting earnings season. Here are some key analyst takeaways from the company...
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Is Airbnb 'Reinventing' Itself With AI? 11 Analysts Deep Dive Into Q4 Results, Outlook
Wednesday, February 14, 2024 - 2:19pm | 1286Shares of Airbnb Inc (NASDAQ: ABNB) tanked in early trading on Wednesday, after the company reported upbeat revenues for the fourth quarter. The results came amid an exciting earnings season. Here are some key analyst takeaways from the release. DA Davidson On Airbnb Analyst Tom White downgraded...
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Expedia Stock Tanks After Q4 Earnings, CEO Departure: 'Solid Execution Is Critical'
Friday, February 9, 2024 - 12:38pm | 988Shares of Expedia Group Inc (NASDAQ: EXPE) were tanking Friday after the travel company reported fourth-quarter earnings and announced a new CEO. The results came amid an exciting earnings season. Here are some key analyst takeaways from Expedia's quarterly report. BofA Securities On...
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Uber, Lyft Can Hitch A Ride Higher If Q4 Earnings Beat Wall Street Estimates
Monday, February 5, 2024 - 6:58pm | 650Ride-hailing competitors Uber Technologies Inc (NYSE:UBER) and Lyft Inc (NASDAQ:LYFT) both report fourth-quarter earnings in the coming days and analysts at RBC Capital Markets believe both can beat market estimates. Uber reports on Wednesday, Feb. 7, and is expected to post fourth-quarter earnings...
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5 Analysts Dissect Lyft Strategy: October 'Sustained Strength' Bodes Well For Q4
Thursday, November 9, 2023 - 1:26pm | 622Shares of Lyft Inc (NASDAQ: LYFT) continued to decline in early trading on Thursday, after tanking in the previous trading session on the company’s third-quarter earnings. The results came amid an exciting earnings season. Here are some key analyst takeaways from the earnings release. Truist...
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Match Group's Stock Crashes On Weak Outlook: These Analysts Look At Company's Prospects
Wednesday, November 1, 2023 - 12:26pm | 574Match Group Inc (NASDAQ: MTCH) shares tanked in early trading on Wednesday, after the company reported its third-quarter results. The results came amid an exciting earnings season. Here are some key analyst takeaways from the earnings release. KeyBanc Capital Markets On Match Group Analyst Justin...
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Pinterest Shares Surge As 7 Analysts Revise Forecasts After Strong Q3 Print
Tuesday, October 31, 2023 - 12:31pm | 910Shares of Pinterest Inc (NYSE: PINS) spiked higher on Tuesday after the company reported strong third-quarter earnings. The results came amid an exciting earnings season. Here are some key analyst takeaways from the earnings release. BofA Securities On Pinterest Analyst Justin Post upgraded the...
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Snap's Q3 Revenue Surprises, But Growth Concerns Persist: Analysts Weigh In
Wednesday, October 25, 2023 - 12:30pm | 616Shares of Snap Inc (NYSE: SNAP) were trading lower on Wednesday after the company’s third-quarter revenue beat and stock buyback announcement. The results came amid an exciting earnings season. Here are some key analyst takeaways from the earnings release. RBC Capital Markets On Snap...
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Amazon Spends Up To $4B On AI Startup Anthropic, Analysts Explore Deal Prospects
Tuesday, September 26, 2023 - 11:14am | 564Amazon.com, Inc. (NASDAQ: AMZN) announced a strategic investment of as much as $4 billion in artificial intelligence (AI) startup Anthropic. The deal underscores how the tech behemoth seeks to unlock the potential of AI across its business. As part of the deal, Anthropic has agreed to use AWS as...