Salesforce Inc. shares. Lots of love on Wall Street, where 43 of the 49 analysts covered by FactSet rated the stock as buying. But Guggenheim analyst John D’Avuci has largely bucked the trend, starting to cover the software giant on sale. The start was one of four bearish calls he made on big software stocks, … Read more
Shares of Bed Bath & Beyond Inc. fell. On Tuesday, putting it at risk of its first drop in two weeks, Baird analyst Justin Kleiber suggested investors should sell, saying the latest “meme stock craze” comes despite continued liquidity concerns. Baird’s Kleber turned bearish on the home goods retailer after its BBBY stock, -14.20% It’s … Read more
After a stunning July rally, US stocks SPX, -0.42% They have been caught in a tight trading range for the past two weeks as investors struggle to make sense of some of the most confusing economic data in recent years. But while the S&P 500 index held above the key 4000 level thanks in large … Read more
After a stunning July rally, US stocks SPX, -0.42% They have been caught in a tight trading range for the past two weeks as investors struggle to make sense of some of the most confusing economic data in recent years. But while the S&P 500 index held above the key 4000 level thanks in large … Read more
Shares of Bed Bath & Beyond Inc. fell. On Tuesday, putting it at risk of its first drop in two weeks, Baird analyst Justin Kleiber suggested investors should sell, saying the latest “meme stock craze” comes despite continued liquidity concerns. Baird’s Kleber turned bearish on the home goods retailer after its BBBY stock, -14.20% It’s … Read more
Shares of Upstart Holdings Inc. fell. After the company provided lower-than-expected revenue forecasts for the current quarter, but its CEO expressed confidence in the performance and value of AI-based lending. Since Upstart UPST, + 9.02% Presented the preliminary results for the second quarter A month ago Fell shy of expectationsthe main issue addressed in the … Read more
Everyone who bought PayPal Collectibles Last summer’s stock may be crowded today. Although it appeared a bit last week, the shares, at $97, are still 68% lower than their highs at $308. Memories of the stock’s February slide, when it fell 35% over two days, may still be hauntingly fresh in investors’ minds. But let … Read more
Online used car dealer Carvana a company It said it is cutting costs significantly as consumer demand remains under pressure and the company faces the possibility of an economic slowdown. Carvana – an early epidemic star Struggle during recovery– pledged in April to rein in expenditures after it was reported Its first ever quarterly decline … Read more
Amazon.com Inc deal sparks. The purchase of Roomba maker iRobot Corp, which comes on the heels of the tech giant’s deal to acquire One Medical Health Clinics, has further raised privacy concerns. The Friday before the market opens, Amazon AMZN, -1.48% Announce the agreement on takes over iRobot for $61 per share in an all-cash … Read more
font size Investors will receive a preferred share for each share of common stock they own. Jenna Moon/Bloomberg AMC Entertainment finally gives “monkeys” What do they want. The movie and cinema company paired its second-quarter earnings report with the news that it’s giving shareholders a special dividend for AMC’s preferred stock units. AMC Preference Shares … Read more