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Palo Alto Networks Stock Is Rising: What's Going On?
Palo Alto Networks (NASDAQ: PANW) is stirring up investor interest with notable movement in its stock price. Anticipation is building as the company prepares to release its third-quarter fiscal 2024 earnings on May 20.
Google Advances AI Integration, While Apple May Partner with OpenAI to Enhance Siri, Analysts Say
Analysts reaffirmed Outperform/Overweight/Buy on Alphabet with price targets ranging from $182-$215, citing AI initiatives and integrations at Google I/O.
Boston Scientific's Upside With Cardiology Devices Drives Momentum
Mizuho Securities raises target for Boston Scientific, predicting double-digit growth in cardiology. Surge in Farapulse adoption and Watchman FLX upside driving momentum.
What To Expect From Applied Materials Earnings? Analyst Eyes China Dynamics
Stifel analyst underscores China's impact on Applied Materials' Q2 earnings, noting revenue bias and future growth projections.
Contact Lens Maker Alcon's Has New Growth Avenues, Analyst Upgrades Stock
Alcon's recent upgrades and promising opportunities, including the BELKIN Vision acquisition, expanding glaucoma treatment options, enhanced PanOptix IOL, and market advancements in China.
Best Buy's Top-Line Trends Remain Pressured, Says Analyst
BofA Securities' analyst, Robert F. Ohmes, maintains an Underperform rating on Best Buy, with a $70.00 price target. Despite expectations for first-quarter FY25 earnings on May 30, the analyst predicts a (5)% enterprise comparable sales decline, citing ongoing challenges in consumer electronics spending and modest improvements in CE & hobby retailer expenditures.
Wall Street Jumps To All-Time Highs On Soft Inflation, Bond Yields Tumble, Bitcoin Soars, Meme Stocks Face Carnage: What's Driving Markets Wednesday?
The S&P 500 and the Nasdaq 100 indices rose to fresh record highs during morning trading on Wednesday following a broadly in-line inflation report and cooler-than-expected retail sales data for April, as traders increased their rate cut bets.
Why Dell Technologies Stock Is Moving Higher Today
Morgan Stanley analyst Erik Woodring maintained Dell with an Overweight rating and raised the price target from $128 to $152, citing accelerating momentum in Dell's AI server and storage businesses.
Rumble Is 'Still Looking For Q2 Revenue Improvement,' Says Analyst
Rumble Inc (NASDAQ: RUM) shares tanked after Q1 results, with improved monetization but declining engagement. Analyst maintains perform rating.
Will Home Depot Continue To Weather Macro Challenges? 'Continued Softness In Discretionary Projects,' But 'Compelling Recovery Opportunity,' Say Analysts
Home Depot shares up despite disappointing sales. Analysts expect comp performance to improve in back half of year. Gross margins expand.
Walmart Stock Shows Bearish Signals Ahead Of Q1 Earnings
Walmart is up 13.9% year-to-date. It's currently exhibiting a moderately bearish trend with slight selling pressure.
Economists React To Inflation, Retail Sales: 'The Soft Landing Narrative Is Still A Possibility But Not A Guarantee'
Inflation and retail sales slowed, signaling weaker consumer spending. Traders reacted by betting on Fed rate cuts, boosting S&P 500 and Nasdaq 100 to record highs, while bonds also surged. Economists remain optimistic but cautious.
Alibaba Analysts Look For Signs Of Q4 Rebound: 'Cloud Business Could Record Double-Digit Growth In 2025'
Alibaba reported 7% year-on-year revenue growth — a "solid" beat. Analysts acknowledge "margin uncertainties in the coming quarters."
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