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Indian Stock Market Poised To Become World's 5th Largest, Overtaking UK's: Report
Tuesday, October 12, 2021 - 7:27am | 520The Indian equity market is poised to overtake the United Kingdom's in terms of overall value to become the fifth largest market in the world. What Happened: India's market capitalization has increased 36% this year, fueled mainly by retail investors and record low interests rates,...
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Wall Street Consensus On Twitter: Sell The Stock
Friday, February 10, 2017 - 12:03pm | 356Shares of Twitter Inc (NYSE: TWTR) continued trading lower on Friday after Thursday's disappointing earnings report resulted in a more than 10 percent selloff in the stock. 14 Voices From The Street Here is a roundup of the mostly unanimous bearish outlook from Wall Street's top analysts following...
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Chowdhry: Oracle Is 'Toast,' Layoffs In Sparc Business
Monday, January 23, 2017 - 1:15pm | 416As reports swirl around that Oracle Corporation (NYSE: ORCL) is seeking to scale back investment and manpower in its traditional database and applications businesses, Trip Chowdhry, managing director of Equity Research at Global Equities Research revealed in a note it is impossible for the bull...
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All The Recent iPhone 7 Comments In One Place
Saturday, September 24, 2016 - 5:50pm | 897With the seemingly lackluster release of Apple Inc. (NASDAQ: AAPL)'s iPhone 7 on September 13 and the negative commentary surrounding the lack of a 3.5mm headphone jack, many investors were unsure how the tech giant’s latest release and the retail sales following it would impact the stock...
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Chowdhry: Yahoo Is The Next Terremark Disaster, Deal Is Obsolete
Monday, July 25, 2016 - 1:13pm | 434Verizon Communications Inc. (NYSE: VZ) announced its plan to purchase Yahoo! Inc. (NASDAQ: YHOO) operating business for $4.8 billion Monday morning after a series of talks between Yahoo, AT&T Inc. (NYSE: T), Liberty Media Group (NASDAQ: LMCA) and Quicken Loans founder Dan Gilbert. Chowdhry's...
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Tesla's Acquisition Of Solar City Would Be 'Groundbreaking'
Tuesday, June 21, 2016 - 6:32pm | 245Tesla Motors Inc (NASDAQ: TSLA) announced a proposed deal to acquire SolarCity Corp (NASDAQ: SCTY) that valued the company somewhere between $26.50 to $28.50 per share. In a call with Benzinga, Global Equities analyst Trip Chowdhry lauded Tesla on what he believed was a "groundbreaking...
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Apple CFO Has 'No Confidence' In Company, Chowdhry Warns
Wednesday, March 9, 2016 - 1:24pm | 240Global Equities analyst Trip Chowdhry said that the Apple Inc. (NASDAQ: AAPL) CFO Luca Maestri has "no confidence" in the company after Maestri sold 15,088 shares of Apple at $103.01 per share. "Apple's CFO Luca Maestri is selling his stock, while forcing the company to...
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Chowdhry: GoPro Is 'Declining Asset Business,' No One Would Touch In M&A
Thursday, January 14, 2016 - 7:55am | 352GoPro Inc (NASDAQ: GPRO) shares have been on a downtrend since August, and have lost 72 percent in six months. Global Equities’ Trip Chowdhry said that the company is “total junk” and fundamentals are nonexistent. GoPro preannounced its 4Q results significantly short of...
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Tesla Has A 10-Year Technology Lead On Competition, Analyst Says
Monday, January 11, 2016 - 10:27am | 270Tesla Motors Inc (NASDAQ: TSLA) shares are down 7 percent since December 11. Global Equities’ Trip Chowdhry mentioned the Auto-Summon feature introduced by Tesla. Other automakers offered nothing “to cheer about” at the CES, Chowdhry stated. On January 9, Tesla...
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Chowdhry: How Tesla Stock Gets To $385
Monday, January 4, 2016 - 10:44am | 320Tesla Motors Inc (NASDAQ: TSLA) shares have lost 18 percent in the last six months. Global Equities’ Trip Chowdhry maintained an Overweight rating on the company, with a price target of $385. Tesla’s total deliveries were impressive and it has a $4B backorder in in Model X,...
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Analyst: Tesla Will Likely Announce Q4 Shipments On January 4
Tuesday, December 29, 2015 - 11:15am | 273Tesla Motors Inc (NASDAQ: TSLA) shares are down 7 percent in the last three months. Global Equities’ Trip Chowdhry said that Tesla’s auto unit production and shipments are likely to have been higher than the guidance for 4Q15. Tesla would likely announce its 4Q15 auto unit...
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Global Equities' Trip Chowdhry: It's A Known Fact Tesla Has Issues, Calls Reaction To Stock 'Meaningless'
Tuesday, October 20, 2015 - 2:02pm | 184Shares of Tesla Motors Inc (NASDAQ: TSLA) were trading lower by more than 10 percent on Tuesday afternoon. The reason for the fall is Consumer Reports withdrawing its Model S recommendation, citing poor reliability and giving the car a "worse-than-average" rating. Speaking with...
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The 6 Best Tesla Analysts
Thursday, April 30, 2015 - 7:19am | 300TipRanks provided a ranking for the best Tesla Motors Inc (NASDAQ: TSLA) analysts. The top six analysts were largely bullish on the stock, except for JP Morgan’s Ryan Brinkman who rated Tesla a Sell and UBS’ Colin Langan who maintained a Hold rating. Below are the analysts,...
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The 22 Top-Ranked Apple Analysts
Monday, April 27, 2015 - 3:13pm | 305TipRanks provided the top 22 analysts for Apple Inc. (NASDAQ: AAPL) based on a ranking of four or more stars. Based on TipRanks criteria, below are the top analysts along with their latest ratings and price targets for Apple. The list descends according to analyst action with the most recent...
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Apple Sold 350,000+ Units of…
Monday, January 23, 2012 - 10:22am | 1367Apple broke yet another record over the weekend, selling more than $5 million worth of a hot new item. Textbooks. That's according to Global Equities Research, which reports that the Mac maker has sold more than 350,000 of the high school textbooks currently offered from the iBookstore. iBook...