NatWest (LON: NWG) share price rose sharply, helped by the strong results from Barclays. The stock jumped to a high of 274.8p, which was slightly higher than this week’s low of 264p. Other British bank stocks like Barclays, Lloyds, and Standard Chartered jumped as well. Barclays earnings boost Bank stocks have been on edge this… Continue reading NatWest share price after the strong Barclays earnings
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LVMH price target after surpassing $500 billion in market value
LVMH is a European luxury conglomerate and a family-run group. Made of 75 different brands/houses, the group generated revenues of EUR79.2 billion and employs nearly 200 thousand people worldwide. The stock made headlines this week as it has reached in the OTC markets a stock market value of $500 billion. It is a milestone for… Continue reading LVMH price target after surpassing $500 billion in market value
Fox stock: who will replace Tucker Carlson at Fox News?
The Fox Corporation (NASDAQ: FOX) stock price has been under pressure as investors come to terms with the abrupt firing of Tucker Carlson. The shares plunged to a low of $29.12, the lowest level since January. Tucker Carlson’s exit impact on Fox It is still unclear why Fox decided to fire the most popular person… Continue reading Fox stock: who will replace Tucker Carlson at Fox News?
Meta shares up 12% on Q1 earnings: is there upside left in this stock?
Shares of Meta Platforms Inc (NASDAQ: META) went up 12% to a year-to-date high in extended trading after the tech behemoth reported a great start to its “year of efficiency”. Meta shares up on encouraging guidance More importantly, the Nasdaq-listed firm issued upbeat guidance for its current quarter. Meta sees revenue in the range of… Continue reading Meta shares up 12% on Q1 earnings: is there upside left in this stock?
Why are Roku shares trading up in extended hours?
Roku Inc (NASDAQ: ROKU) jumped nearly 7.0% in extended hours after reporting market-beating results for its fiscal first quarter. Roku shares up on upbeat guidance Shareholders are happy also because the company issued upbeat guidance. Roku is now calling for $770 million in revenue on $75 million of adjusted EBITDA loss in its current financial… Continue reading Why are Roku shares trading up in extended hours?
U.K. blocks Microsoft-Activision deal: Cramer says ‘they don’t need it’
Activision Blizzard Inc (NASDAQ: ATVI) is down about 10% today after the U.K. Competition and Markets Authority said it will not let Microsoft Corp (NASDAQ: MSFT) acquire this gaming giant. Cramer reacts to the CMA decision On Wednesday, the regulator concluded that the Microsoft-Activision merger will be a threat to competition as the former could… Continue reading U.K. blocks Microsoft-Activision deal: Cramer says ‘they don’t need it’
Tesla stock price forecast: ‘price aggression not supportive of high multiple’
The recent sell-off in shares of Tesla Inc (NASDAQ: TSLA) is not entirely unjustified, says Philippe Houchois. He’s a Senior Analyst at Jefferies. Jefferies’ updated Tesla stock price forecast On Wednesday, Houchois downgraded the electric vehicles company to “hold” and slashed his price objective to $185. The analyst attributes his Tesla stock price forecast to… Continue reading Tesla stock price forecast: ‘price aggression not supportive of high multiple’
Paytm share price has a big upside according to analysts
One 97 Communications (PAYTM) share price has moved sideways recently even as the company’s performance continues improving. The stock was trading at ₹650, where it has been in the past few days. This price is ~50% above the lowest point in 2022. Analysts are upbeat about Paytm One 97 Communications, the giant payment company that… Continue reading Paytm share price has a big upside according to analysts
Verizon adds 633k retail postpaid customers as revenue misses
Verizon (NYSE: VZ), the giant telecommunication company, published mixed financial results on Tuesday. Its total revenue came in at $32.9 billion, which was 1.9% below where it was in the same quarter in 2022. The results missed the analysts forecasts by $740 million. The company’s wireless revenue jumped by 3% to $18.9 billion while total… Continue reading Verizon adds 633k retail postpaid customers as revenue misses