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Chewy Gains New Analyst Coverage as E-Commerce Surges

Needham & Company has initiated coverage on Chewy Inc. (NYSE: CHWY), issuing a hold rating for the pet e-commerce giant. Despite Chewy's commendable position in the online retail sphere, analysts at Needham have expressed

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Asktraders News Team
Stride Stock (NYSE: LRN) Makes Huge Gains on Q1 Financials

Stride's stock price (NYSE: LRN) is a huge gainer on an otherwise bearish day, with LRN gaining 31.23% on the day so far. This brings the 1 year gain on the education technology sector stock to 93.04%, and follows an impressi

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Asktraders News Team
Banc of California Shares (BANC) Make New 52 Wk High As Earnings Impress

Banc of California Inc (NYSE:BANC) recently disclosed its financial results for the third quarter, confronting a complex economic environment while implementing strategic measures to solidify its balance sheet and streamline

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Asktraders News Team
What Happened With Lockheed Martin?

Lockheed Martin Corp. (NYSE: LMT), the broad-spectrum aerospace and defense contractor, announced financial results for its third quarter that ended with a robust profit but revenue that failed to meet analysts' expectations.

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Asktraders News Team
Joby Aviation Stock Pop’s Up As FAA Greenlights Electric Air Taxi Operations

In a critical development for the emerging air taxi sector, Joby Aviation Inc. (NYSE:JOBY), which trades on the New York Stock Exchange under the ticker symbol JOBY, has r

Joby Aviation
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Genuine Parts Stock Price (GPC) Hit’s Multi Year Low, JP Morgan Remain Bullish

Genuine Parts' stock price (NYSE: GPC) hit a multi-year low in trading on the back of disappointing earnings, and downward revisions from analysts. The stock saw a huge drop on the day, losing 20.97% and closing out at $113.1

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Asktraders News Team
RTX Delivers Another Strong Quarter, Hitting ATHs. What Caused The Stock Reaction?

RTX Corporation (NYSE: RTX) reported a solid beat on both EPS and revenue, yet the stock sold off during the early part of the day, following a new all-time-high being hit on the open. Having hit $128.70 in the first minutes

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Asktraders News Team
KBR Stock Price Hits New ATH Into Earnings As Analyst Upgrades Target

KBR's stock price (NYSE:KBR) hit new 52 week, and all-time-highs in the lead in to earnings today, with an upside analyst revision further boosting bullish sentiment. Citi

Asktraders News Team
A Take On US/China SemiConductor Trade

Having shed almost 35% in stock price over the past 3 months from recent highs, ASML are well positioned to understand the nuances of the semiconductor industry more than most. Whilst some of it's industry peers have been rep

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GE Aerospace Beats Estimates, Markets Pull Stock Back

GE Aerospace, the aviation division of General Electric Company (NYSE: GE), has released its financial results for the third quarter ending September 30, 2024. The report highlighted a 6% increase in sales on a reported basis

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Hexcel’s Price Target Get’s Range Of Adjustments

Truist Financial has adjusted its price objective for Hexcel Corporation (NYSE: HXL), the advanced composites company, from the former $78.00 down to $76.00. Despite the l

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Asktraders News Team
Flip The Script – Meta To Use Technology For User Protection After Earlier Controversy

In an effort to curb the spread of "celeb-bait" advertisements, Meta Platforms Inc (NASDAQ:META). is turning to facial recognition t

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Three AI Stocks Beyond the Usual Suspects (IBM, PATH, SOUN)

The artificial intelligence (AI) landscape is rapidly evolving, bringing forth a new era of innovation and technological advanceme

Asktraders News Team
Rexford Industrial’s Price Target (REXR) Trimmed on LA Market Challenges

Rexford Industrial Realty's stock price (NYSE: REXR) is indicating a 1.15% downward move in today's pre-market session, as Bank of America downgrades the industrial real estate investment trust to Neutral from Buy.

Bank of America
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What Is Moving Lamb Weston’s Stock?

Lamb Weston shares (NYSE: LW) experienced a noticeable increase to end the last trading week, with the closing price of $78.22 more than 10% up on the day and back towards levels it was last trading in July. The boost in the

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Nvidia’s Stock Price Target Pushed Higher as Analysts See Continued Upside

Nvidia's stock price (NASDAQ:NVDA) look's set to open higher to begin the new week, with pre-market data indicating a 0.29% gain for the tech giant. Analysts are showing no signs of losing faith with the stock that has gained

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GM Earnings Looms Before Tuesday’s Bell With Stock Price Closing In On $50 Level

Investors and market analysts are turning their attention toward General Motors (NYSE: GM) as the automotive giant is slated to release its quarterly earnings before the opening bell tomorrow.

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Lamb Weston Stock (NYSE: LW) Moves Up On News of Jana Stake

Lamb Weston Holdings stock (NYSE: LW) trades 10% higher through the first hour or so of the session, pushing the price to $78.11. This surge in price is a reaction to an unfolding strategic push by activist investor Jana Par

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Infosys Stock Dips On Earnings (NYSE: INFY) – Analyst Upgrades But Remains Neutral

Infosys' stock price (NYSE: INFY) has fallen by 1.9% in early trading, after it's NSE India listed counterpart shed 4.22%, despite BMO Capital's recent price target u

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What Can We Expect From Aon’s Stock Price (NYSE: AON) After New ATH’s

In a significant demonstration of investor confidence, Aon plc (NYSE: AON) has witnessed a notable spike in its stock value in 2024, attaining an all-time high as shares hit the $363.46 mark in Thursday's session. This milest

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Verastem Holders Endure Difficult Day, Analysts Holding Firm (VSTM)

Despite a challenging day for Verastem's stock, (NASDAQ: VSTM) with prices tumbling 20% to $2.66, Truist has maintained its bullish stance on the biotechnology firm. In early pre-market trading, VSTM is finding a little trac

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Netflix Reinforces its Edge in Storytelling As Stock Jumps Post Earnings (NFLX)

Netflix Inc.'s Ted Sarandos, the Co-CEO of the global streaming colossus, has asserted the company's competitive advantage in the streaming industry, particularly in comparison to YouTube's increasing share of TV consumption.

Asktraders News Team
Samsung Stalls ASML Equipment Delivery for US Factory

Samsung Electronics stock (KRX: 005930) has taken a dip on the Korean Stock Exchange this morning, ending the day down 0.84% at KRW59,200 after deciding to postpone accepting deliveries of crucial chipmaking equipment from A

Asktraders News Team