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Can Google Ever Catch Amazon And Microsoft In The Cloud?
Saturday, December 21, 2019 - 12:50pm | 807Can Alphabet Inc.'s (NASDAQ: GOOGL) Google Cloud compete with the two industry giants? And if it can’t, will it shift its focus elsewhere? A report in The Information suggested Google is pushing to have its cloud computing services unit beat at least one of the big two in the space,...
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5G Stocks Are Heating Up Ahead Of Tariff Deadline
Wednesday, December 11, 2019 - 4:05pm | 656Suppliers of 5G technology are getting some love on Wall Street this week, with several experts saying any trade tariff-related weakness should serve as a long-term buying opportunity heading into 2020. Double Upgrade On Monday, Bank of America analyst Vivek Arya double-upgraded 5G Apple, Inc. (...
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A Little Perspective On The Early Subscriber Numbers For Disney+
Wednesday, November 27, 2019 - 10:25am | 485On day one, Disney+ registered 10 million subscribers. “I believe the number could’ve been greater if the massive number of hits did not cause a glitch in the website,” Tigress Financial's Ivan Feinseth wrote in a report. The Early Success Of Disney+ There’s little...
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Sell-Side Is Constructive On Lowe's After Q3 Earnings Beat
Thursday, November 21, 2019 - 2:14pm | 588Lowe's Companies, Inc. (NYSE: LOW) continues to put up strong margins even on below-expected sales, and the U.S. picture for home improvement is good and likely to improve into next year, sell-side analysts said. Lowe's put up a strong third-quarter earnings beat on Wednesday and raised...
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These Analysts Loved Target's Q3 Earnings, And Think The Retailer Will Win The Holiday Wars
Thursday, November 21, 2019 - 11:26am | 904Target Corporation (NYSE: TGT) soared 14% after reporting third-quarter beats on Wednesday. Sales and margin upside drove bottom-line outperformance, and 4.5% comps confirmed traffic strength, apparel strength and market share gains in major categories. Inventories fell 8% year over year, and store...
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Here Comes 5G Benefit: Sell-Side Likes Qualcomm's Coming Year
Thursday, November 7, 2019 - 11:39am | 554Qualcomm Inc's. (NASDAQ: QCOM) strong fourth-quarter results pleased sell-side analysts, but the driving factor in much of the bullishness is the ramp up of 5G, expected to bolster the company's bottom line starting next year. Investors were also bullish on the chip maker, buying its stock...
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Lyft Scores Upgrade, Analyst Praise After Strong Q3
Thursday, October 31, 2019 - 12:28pm | 1003LYFT Inc (NASDAQ: LYFT) reported a significant third-quarter sales beat Wednesday that was driven by 28% growth in active riders and 27% growth in revenue per active rider. Contribution margins improved by 500 basis points, and earnings before interest, tax, depreciation and amortization were...
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What To Make Of Apple Earnings: Wearables, China And Apple TV+
Thursday, October 31, 2019 - 11:18am | 856Apple Inc. (NASDAQ: AAPL) shares traded higher by 2% on Thursday after the company beat earnings and revenue expectations in the fiscal fourth quarter and guided for better-than-expected sales in the critical holiday quarter. Apple reported 18% Services segment growth and 54% revenue growth in...
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Analysts Drink Up Starbucks' Solid Quarter
Thursday, October 31, 2019 - 10:05am | 588Starbucks Corporation (NASDAQ: SBUX) delivered a significant sales beat, a 5% comps increase and an inline bottom-line in its fourth-quarter earnings report. “Starbucks continues to make progress driven by increased customer traffic especially in later dayparts and continues to reach more...
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Sell-Side Raises Expectations On AT&T After Earnings Beat, Guidance
Tuesday, October 29, 2019 - 3:30pm | 583AT&T Inc. (NYSE: T) shares were settling on Tuesday after surging a day earlier on a third-quarter earnings beat and news of a capital allocation plan that looks to address some concerns of an activist investor, but sell-side analysts projected still higher price ceilings for the stock. AT&...
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Analysts Slice Beyond Meat Price Targets Ahead Of Share Lockup Expiration
Tuesday, October 29, 2019 - 12:28pm | 716Investors are losing their appetite for Beyond Meat Inc (NASDAQ: BYND) even after the company posted a profitable first quarter. Shares plunged more than 23% Monday and were falling nearly 20% as of midday Tuesday. The company's lockup period expired Tuesday, allowing early investors to...
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Intel Analysts Reflect On Data Center Strength, Product Roadmap And Competition
Friday, October 25, 2019 - 1:11pm | 868Intel Corporation (NASDAQ: INTC) shares are climbing to a six-month high following third-quarter results. The Analysts Morgan Stanley analyst Joseph Moore maintained an Overweight rating on shares of Intel and nudged the price target from $64 to $65. (See his track record here) Wedbush analyst...
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Analysts Say Additional Fastenal Upside Is Limited Following Earnings Pop
Monday, October 14, 2019 - 10:53am | 600Fastenal Company (NASDAQ: FAST) shares jumped 17.2% to a new all-time high on Friday after the company reported earnings and revenue beats. The construction equipment maker reported 7.8% sales growth, while gross margins dropped from 48.1% to 47.2%. Fastenal’s strong quarter was reassuring...
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Delta's Mixed Earnings: CEO, Analysts Speak Up
Friday, October 11, 2019 - 11:25am | 586Delta Air Lines, Inc. (NYSE: DAL) shares took a hit Thursday following the company’s third-quarter earnings report. Despite beating consensus earnings numbers in the third quarter, Delta’s fourth-quarter guidance disappointed the market due to up to a 5% anticipated rise in costs. Delta...
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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...