In the ever-evolving logistics sector, C.H. Robinson Worldwide, Inc. (NASDAQ: CHRW) has recently been garnering a lot of attention due to a positive shift in analysts’ sentiments. On July 22, it received a double upgrade from Bank of America (BofA), propelling it directly to a “Buy” from an “Underperform” rating. This significant shift in… Continue reading BofA double upgrades CH Robinson Worldwide to Buy: Should you invest?
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Coca-Cola raises full-year outlook as global demand increases in Q2
Coca-Cola has announced an increase in its full-year outlook, attributing the rise to robust global demand for its beverages during the second quarter of 2024. The company has adjusted its forecast for organic revenue growth to 9% to 10%, up from the previous 8% to 9%. The outlook for comparable earnings growth has been raised… Continue reading Coca-Cola raises full-year outlook as global demand increases in Q2
UPS Q2 earnings prove it overpays its drivers, investors flee
United Parcel Service Inc. (NYSE:UPS) reported its Q2 earnings today. The stock is trading down 12% after market open, mainly due to lower-than-expected revenue in its domestic business. On a more positive note, US volumes increased for the first time in 9 quarters. That wasn’t enough to please the investors though, who continue to sell… Continue reading UPS Q2 earnings prove it overpays its drivers, investors flee
Long OTIS: Otis Worldwide Corp Near Breakout, Enter Trade During Consolidation Phase
Long AMAT: Applied Materials Shows Bullish Reversal at Major Support, Targeting Midpoint of Recent Bearish Impulse
Long TSLA: anticipate bullish breakout and support retest amidst strong deliveries, AI advancements, and expansion
Long ACN: strong bullish momentum backed by strategic acquisition and AI-driven revenue growth prospects
Airbus takes on Boeing with new orders close to $4 billion from Japan Airlines and Virgin Atlantic
Airbus SE (EPA: AIR) is intensifying the competition with Boeing by securing significant new orders at the Farnborough Airshow. On Tuesday, the aerospace giant announced substantial deals with Japan Airlines and Virgin Atlantic, signaling a strong demand for its aircraft despite a perceived slowdown in the post-pandemic travel boom. How many planes did Japan Airlines… Continue reading Airbus takes on Boeing with new orders close to $4 billion from Japan Airlines and Virgin Atlantic
Baird begins coverage of Monday.com with $250 target and neutral rating: Is it worth investing??
On July 23, Baird initiated coverage of Monday.com Ltd (NASDAQ: MNDY) with a neutral rating and a $250 price target, indicating a potential upside of 6.4% from its current trading price. This cautious stance reflects Baird’s recognition of Monday.com’s strengths, particularly its versatile platform and strategic moves into enterprise markets, including its offerings in sales… Continue reading Baird begins coverage of Monday.com with $250 target and neutral rating: Is it worth investing??