Guggenheim Partners

Oracle Corporation (NYSE:ORCL) shares are trading higher Tuesday following the company’s fourth-quarter earnings print, and a host of analyst upgrades. By The Numbers: Oracle issued earnings of $1.67 per share, which came ahead of a $1.54 Street estimate, on revenues of $13.8 billion, which...

Guggenheim Partners upgraded shares of Biogen Inc (NASDAQ: BIIB) to Buy, citing the company's potential for growth driven by its Alzheimer's disease (AD) and major depressive disorder (MDD) operations. The BIIB Analyst: Yatin Suneja upgraded Biogen to a Buy from a Neutral rating, with a $...

Analysts at Guggenheim Partners had not rescinded their initial outlook that the restaurant industry would struggle to structurally grow margins as long as the unemployment rate stayed below 4%. But the firm said Thursday it was betting on one group to outperform. The...

Tesla, Inc. (NASDAQ: TSLA) reduced the prices of its vehicles by about 6.7%-19.7% on Friday. The Tesla Analysts: Wedbush analyst Daniel Ives maintained an Outperform rating and $175 price target on Tesla shares. Guggenheim analyst Ronald Jewsikow downgraded Tesla shares from Neutral to...

Scott Minerd, chief investment officer and managing partner at Guggenheim Partners, died suddenly Wednesday at the age of 63. Here's what you need to know.  What Happened: Minerd, who joined Guggenheimn shortly after it was formed and was the public face of the firm, died of...

Guggenheim Partners CIO Scott Minerd told CNBC’s audience Thursday that the Federal Reserve will not stop raising interest rates until “something breaks.” What Happened: Minerd also said to get ready for the Fed to pivot, possibly as soon as November, because...

This week, the market has flattered only to deceive. After starting with two strong sessions, the momentum faded midweek as the data-dependent Federal Reserve kept traders on tenterhooks. Come Friday, traders would get to digest key economic data that could have a say on the central...

Guggenheim’s Chief Investment Officer turned bearish on cryptocurrency after Bitcoin’s drop to $30,000 on Wednesday. What Happened: Scott Minerd, chief investment officer at Guggenheim Partners, seemingly reversed his stance on crypto after Wednesday’s selloff as he took to...

Long-term Bitcoin (BTC) bull and venture capitalist Tim Draper is accusing banks of attempted manipulation as the apex cryptocurrency tanked nearly 18% in the 24-hour period leading to press time. What Happened: Draper took to Twitter in the early hours of Monday to condemn banks for the alleged...

The case for turning incrementally positive on streaming video hardware and software company Roku Inc (NASDAQ: ROKU) is based on its industry-leading platform and an attractive international growth opportunity, according to Guggenheim. The Analyst Michael Morris maintained a Buy rating on Roku...

IT security company Cyberark Software Ltd (NASDAQ: CYBR) reported first-quarter results Tuesday that arrived better than expected and prompted several Street analysts to turn incrementally bullish on the stock. The Analysts Wedbush's Daniel Ives maintained an Outperform rating on...

Zillow Group (NASDAQ: ZG) vision to digitize the real estate market will take "years to fully realize" but the bullish case for the stock can now be made, according to Guggenheim Partners. The Analyst Guggenheim's Jake Fuller upgraded Zillow from Neutral to Buy with a new $45 price...

Walt Disney Co (NYSE: DIS) on Tuesday assumed full control of Hulu and will buy Comcast Corporation (NASDAQ: CMCSA)'s 33-percent stake within five years. Guggenheim: Comcast's 'Balancing Act' Comcast's deal with Disney is akin to a "balancing act" as the company is...

Shares of Shopify Inc (NYSE: SHOP) have gained more than 45 percent since the start of 2019 and the stock's valuation implies limited upside potential ahead, according to Guggenheim Partners. The Analyst Guggenheim's Ken Wong downgraded Shopify from Buy to Neutral while removing a $285...

Global enterprise cloud communication company RingCentral Inc (NYSE: RNG) reported first-quarter results Monday that prompted three Street analysts to lift their price targets for the stock.  The Analysts Baird Equity Research's William Power maintained an Outperform rating on...