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Stocks
Baidu (BIDU) Recognized as Today's Bear
October 25, 2024 11:15 PM AEDT| By Team Kalkine MediaHighlights,Baidu (BIDU) experienced a significant share price surge following the PBOC stimulus program but has since retraced to below $90.,Revenue estimates for Baidu remain stagnant, with a slight decline in EPS projections for the current year an...
Apple, Capri Holdings, and AutoNation Report Losses in Premarket; Western Digital Shows Positive Movement
October 25, 2024 11:10 PM AEDT| By Team Kalkine MediaHighlights,Apple Inc. (NASDAQ: AAPL) experienced a 0.8% decline in stock price following a slight decrease in iPhone sales in China, amid growing competition from Huawei.,Deckers Outdoor (NYSE: DECK) saw a 14% increase in stock value after raising it...
Cognizant Technology Solutions Corporation (NASDAQ:CTSH) Shows Weakness Recently While Financials Indicate Strength
October 25, 2024 11:03 PM AEDT| By Team Kalkine MediaHighlights,Cognizant Technology Solutions (NASDAQ:CTSH) experienced a 3.7% decline in share price recently.,The company has a return on equity (ROE) of 16%, exceeding the industry average of 14%.,Cognizant's earnings growth rate of 5.5% over the past...
Mount Yale Investment Advisors LLC Reduces Position by Selling 6,412 Shares of Ferguson plc (NASDAQ:FERG)
October 25, 2024 10:59 PM AEDT| By Team Kalkine MediaHighlights,Mount Yale Investment Advisors LLC reduced its holdings in Ferguson plc by 32.1% during the third quarter.,Significant institutional activity includes a 375.4% increase in shares by Bank of New York Mellon Corp.,Ferguson plc recently annou...
NYSE Arca Equities Exchange Increase Weekday Trading Hours
October 25, 2024 10:54 PM AEDT| By Team Kalkine MediaHighlights,The New York Stock Exchange plans to extend weekday trading hours on its NYSE Arca equities exchange to 22 hours a day.,Extended trading will occur from 1:30 AM to 11:30 PM Eastern Time, pending regulatory approval.,NYSE Arca is recognized...
Seaport Res Ptn Provides Insights on Crocs' Q3 Earnings (NASDAQ:CROX)
October 25, 2024 10:48 PM AEDT| By Team Kalkine MediaHighlights,Seaport Res Ptn raised its Q3 2024 earnings per share estimate for Crocs, Inc. to $3.15, up from a previous estimate of $3.10.,Crocs reported robust Q2 results, exceeding consensus estimates with earnings of $4.01 per share and revenue of...
Tectonic Advisors LLC Secures 9,958 Shares in Gilead Sciences, Inc. (NASDAQ:GILD)
October 25, 2024 10:45 PM AEDT| By Team Kalkine MediaHighlights,Tectonic Advisors LLC increased its position in Gilead Sciences, Inc. by 15.1% during the third quarter.,Institutional ownership of Gilead has reached 83.67%, with several firms making notable adjustments to their stakes.,Analysts have rai...
Position in Bel Fuse Inc. (NASDAQ:BELFB) Expanded by Tectonic Advisors LLC
October 25, 2024 10:37 PM AEDT| By Team Kalkine MediaHighlights,Tectonic Advisors LLC significantly increased its stake in Bel Fuse Inc. by 80.7% during the third quarter.,Institutional ownership of Bel Fuse has reached 58.39%, with several firms making substantial adjustments to their positions.,Analy...
AMZN Stock: Projections for Amazon's Third-Quarter Earnings and Stock Performance Insights
October 25, 2024 10:31 PM AEDT| By Team Kalkine MediaHighlights,Amazon is set to release its Q3 2024 earnings report on October 31, post-market close.,Anticipated developments in e-commerce, cloud computing, and advertising are expected to be highlighted in the report.,Analysts express optimism regardi...
Dakota Wealth Management Acquires Shares of T-Mobile US, Inc. (NASDAQ:TMUS)
October 25, 2024 10:24 PM AEDT| By Team Kalkine MediaHighlights,Dakota Wealth Management increased its position in T-Mobile US, Inc. by 11.7% in the third quarter.,T-Mobile US reported better-than-expected quarterly earnings and revenue, indicating solid business performance.,The company has declared a...
Capri Shares Decline 46% as US Court Halts $8.5 Billion Merger with Tapestry
October 25, 2024 10:21 PM AEDT| By Team Kalkine MediaHighlights,Capri Holdings Ltd. saw its shares decline nearly 46% in premarket trading following a U.S. judge's ruling to block its $8.5 billion merger with Tapestry.,The Federal Trade Commission (FTC) argued that the merger would significantly reduce...
Shareholders in Bio-Rad Laboratories (NYSE:BIO) Experience 58% Decline as Shares Fall 4.6% This Week
October 25, 2024 10:10 PM AEDT| By Team Kalkine MediaHighlights,Bio-Rad Laboratories, Inc. has experienced a significant decline in share price, dropping 58% over the past three years.,Recent financial performance indicates a loss over the last twelve months, raising concerns about future profitability...
Position in Natera, Inc. (NASDAQ:NTRA) Strengthened by Zweig DiMenna Associates LLC
October 25, 2024 10:01 PM AEDT| By Team Kalkine MediaHighlights,Zweig DiMenna Associates LLC significantly increased its stake in Natera, Inc. by 213% during the third quarter.,Natera's recent earnings report exceeded consensus estimates, showcasing robust revenue growth.,Several analysts have raised t...
Stocks Advance to Finish Out Challenging Week on Wall Street
October 25, 2024 09:56 PM AEDT| By Team Kalkine MediaHighlights,U.S. equity futures are showing modest gains, but the market remains on track for a weekly decline.,Tesla shares experienced their strongest single-day gain since 2005, following positive earnings and production forecasts.,The upcoming pre...
Tesla Shares Take a Breather After Court Loss for Michael Kors Parent Company
October 25, 2024 09:49 PM AEDT| By Team Kalkine MediaHighlights,Chinese markets experienced a slight rebound, driven by trader focus on the upcoming U.S. elections.,Japan's Nikkei 225 declined ahead of key weekend elections, with inflation data influencing market sentiment.,In the U.S., Tesla's stock s...
Western Digital Shares Surge After Mixed Q1 Results, Driven by Cloud Demand
October 25, 2024 07:38 PM AEDT| By Team Kalkine MediaHighlights,Earnings Exceed Expectations:,Western Digital reported adjusted earnings of $1.78 per share, surpassing analyst forecasts, while revenue saw a 49% year-over-year increase.,Cloud Demand Drives Growth:,The company's cloud division experience...
Nevada Jury Awards $5.2Bn in Landmark Lawsuit Against Real Water Brand
October 25, 2024 07:36 PM AEDT| By Team Kalkine MediaIn a groundbreaking legal decision, a Nevada jury has awarded $5.2 billion in damages to customers harmed by the bottled water brand Real Water, operated by AffinityLifestyles.com Inc. This monumental verdict follows a 12-day trial focused on neglige...
QuantumScape Surges After Reaching Key Milestone in EV Battery Development
October 25, 2024 07:33 PM AEDT| By Team Kalkine MediaHighlights,QuantumScape shipped prototype samples of its solid-state batteries to automakers for testing, a major milestone in its 2024 goals.,The next production phase, known as “Cobra,” is set to begin in 2025, marking the start of broader commerci...
Cirrus Logic Poised for Growth Amid Strong Apple Partnership and AI Adoption
October 25, 2024 07:32 PM AEDT| By Team Kalkine MediaHighlights,Strong Partnership with Apple:,Cirrus Logic generates 88% of its revenue from Apple, providing essential components for the iPhone lineup.,Impressive Financial Growth:,Cirrus reported an 18% increase in revenue year-over-year for Q1 2025,...
Lam Research Beats Analyst Expectations in Q3 CY2024 With 19.7% Rise in Revenue
October 25, 2024 07:28 PM AEDT| By Team Kalkine MediaHighlights,Revenue of $4.17 billion in Q3 CY2024, a 19.7% year-on-year increase, beating analyst estimates.,Adjusted EPS of $0.86, surpassing expectations by 6.5%, driven by operational efficiency.,Guidance for Q4 CY2024 includes revenue of $4.3 bill...
