Analysts' Comments/Recommendations – Page 2

Nvidia Earnings Preview: What Investors Should Expect From the AI Stock Star

20Nov

By adminNo Comments

Technology

Nvidia Earnings Preview: What Investors Should Expect From the AI Stock Star

Updated Nov. 20, 2023 4:47 pm ETThere is a lot riding on the earnings report this week from Nvidia, both for the company’s ebullient investors and the entire stock market.Nvidia has been the big winner of the bet that artificial intelligence is the next big thing in tech, the so-called AI trade that surged in popularity after OpenAI’s release of its ChatGPT app. The chip maker’s shares have more than tripled this year, contributing to a sizable portion of the S&P 500’s 18% rise.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

20Nov

By adminNo Comments

World

Nvidia Earnings Preview: What Investors Should Expect From the AI Stock Star

There is a lot riding on the earnings report this week from Nvidia, both for the company’s ebullient investors and the entire stock market.Nvidia has been the big winner of the bet that artificial intelligence is the next big thing in tech, the so-called AI trade that surged in popularity after OpenAI’s release of its ChatGPT app. The chip maker’s shares have more than tripled this year, contributing to a sizable portion of the S&P 500’s 18% rise.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

8Nov

By adminNo Comments

World

Health Care Roundup: Market Talk

The latest Market Talks covering the Health Care sector. Published exclusively on Dow Jones Newswires at 4:20 ET, 12:20 ET and 16:50 ET.0833 GMT – Bayer posted third-quarter results below forecasts but backed its guidance for the year in what Deutsche Bank analysts call a positive surprise. “The results were more or less expected, and the market should take the guidance confirmation positively, as there was a concern that Bayer might have to cut it again,” the analysts say in a note to clients. The German pharmaceutical and agricultural conglomerate has been grappling with lower prices for glyphosate, the active ingredient found in herbicides and other weed-control products, a development that in July forced the group to slash its overall sales and earnings guidance for the year. Bayer sh...

Investors Aren’t Buying Apple’s New iPhone

3Nov

By adminNo Comments

Money

Investors Aren’t Buying Apple’s New iPhone

Compared with its big tech peers inflated by artificial-intelligence hype, Apple seemed to have the lowest bar to clear in the current earnings season. The world’s most valuable company still didn’t quite make it. At the very least, Apple’s fiscal fourth-quarter results late Thursday indicate that its newest iPhones aren’t off to a raging start. The company launched the iPhone 15 family during its usual window about a week before the quarter’s end in late September. iPhone revenue for the quarter rose 3% year over year to about $43.8 billion, in line with analysts’ forecasts. But that compares with a 10% gain in the previous year’s fourth quarter and a 47% surge in 2021, when the iPhone 13 family launched to surprisingly strong demand.Copyright ©2023 Dow Jones & Company, Inc. All Righ...

Apple Sales Decline as China Market Weighs on Earnings Report

3Nov

By adminNo Comments

Technology

Apple Sales Decline as China Market Weighs on Earnings Report

Updated Nov. 2, 2023 6:06 pm ETApple said sales fell for the fourth consecutive quarter, including a decline in China that came as the company faces a broad economic slowdown in the country and new competition from rival Huawei Technologies.The September quarter marks the fourth straight period in which Apple reported year-over-year declines in total revenue, the longest such slump in years. Apple sales were $89.5 billion, down less than 1% from the previous year and largely in line with analyst estimates, even as net income of about $23 billion exceeded expectations.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

Apple Sales Decline as Smartphone Market Remains Challenged

2Nov

By adminNo Comments

World

Apple Sales Decline as Smartphone Market Remains Challenged

Apple said quarterly sales fell slightly as the iPhone maker faces declining smartphone demand and new competition in China.Apple sales were $89.5 billion, down less than 1% from the year-ago period and slightly beating analyst estimates of $89.3 billion, according to FactSet. The company’s net income increased 10.8% to $22.95 billion, compared with the $21.8 billion analysts projected. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

2Nov

By adminNo Comments

World

Financial Services Roundup: Market Talk

Updated Nov. 2, 2023 12:31 pm ETThe latest Market Talks covering Financial Services. Exclusively on Dow Jones Newswires at 4:20 ET, 12:20 ET and 16:50 ET.1140 ET – Jupiter Fund Management operates in an increasingly challenging environment, which is made worse by competition, Canaccord Genuity says in a note. The London-listed money manager is under pressure from additional net management fee margin as well as from costs from rewarding and retaining fund managers in a competitive environment, analysts Portia Patel and Justin Bates write. CG cuts its rating on the stock to hold from buy and the target price to 70 pence from 168 pence. Shares are up 6.5% at 84.80 pence (elena.vardon@wsj.com)Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8 ...

31Oct

By adminNo Comments

World

Basic Materials Roundup: Market Talk

Updated Oct. 31, 2023 5:42 pm ETThe latest Market Talks covering Basic Materials. Published exclusively on Dow Jones Newswires at 4:20 ET, 12:20 ET and 16:50 ET.1224 ET – First Quantum Minerals shares continued their decline on Tuesday as uncertainty over the future of its big Cobre Panama copper mine remains. Shares were down nearly 16% at C$16.88. First Quantum says it noted the Panamanian government’s intention to hold a popular consultation in December over Law 406 which approved the company’s revised contract for Cobre Panama. “First Quantum has contacted the government in order to understand the details in respect of the popular consultation,” it said. On Monday, analysts at National Bank of Canada lowered their rating on First Quantum’s stock to sector perform from outperform and c...

Earnings Season Is Shaping Up Nicely. Investors Don’t Seem to Care.

28Oct

By adminNo Comments

Money

Earnings Season Is Shaping Up Nicely. Investors Don’t Seem to Care.

The corporate earnings downturn is poised to end, but you wouldn’t know it looking at the stock market carnage. With the third-quarter earnings season nearly halfway over, companies in the S&P 500 are on track to post a 2.7% year-over-year increase in profits, according to a FactSet blend of reported results and consensus analyst estimates. That would mark the first earnings growth in four quarters.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

18Oct

By adminNo Comments

World

Energy & Utilities Roundup: Market Talk

Updated Oct. 18, 2023 12:31 pm ETThe latest Market Talks covering Energy and Utilities. Published exclusively on Dow Jones Newswires at 4:20 ET, 12:20 ET and 16:50 ET.1146 ET – European stocks drop as investors ponder the continuing shockwaves from Middle East unrest. The Stoxx Europe 600, FTSE 100, DAX and CAC 40 retreat about 1% and the Dow, S&P 500 and Nasdaq fall. Construction and property stocks are among the biggest losers and airlines and airports hit headwinds amid concerns about the impact of the Israel-Hamas conflict on air travel. “European markets are on the back foot as the Middle-East political temperature ratchets up further following the Gaza hospital bombing,” CMC Markets analyst Michael Hewson writes. “Reports of airport shutdowns in France due to terror threats, whi...