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Top Stories for Jan. 18, 2024: Alcoa Target Price Decrease BMO Capital analyst Katja Jancic maintained a Market Perform rating for Alcoa Corporation AA but lowered her price target from $30 to $29. Alcoa recently reported a quarterly loss of 56 cents per share (+20% …

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Preliminary fourth-quarter gross domestic product (GDP) data and several rounds of personal consumer expenditure (PCE) readings will highlight next week’s economic calendar. Meanwhile, earnings kick up a notch, with several blue-chip names on the docket. Blue-Chip Earnings Unleashed Reports from corporate giants such as 3M …

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It’s been a rollercoaster ride investing on Wall Street in recent years. The S&P 500 and the Nasdaq Composite have seen significant gains in 2023, yet still lag below their record highs. For those in it for the long run, a dip in the market …

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Joe Raedle/Getty Images News Goodyear Tire (NASDAQ:GT) is poised to designate Mark Stewart, an executive from Stellantis NV (STLA), as its new chief executive in response to pressure from activist investor Elliott Investment Management. The announcement of Stewart’s appointment by Goodyear (GT) is expected imminently, …

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TD SYNNEX’s Milestone Achievements TD SYNNEX (SNX), a distinguished partner of Microsoft (MSFT), has reached a significant milestone in its association with the tech giant. The company has been recognized as the Operational Excellence Microsoft Partner of the Year in 2023. In addition, SNX launched …

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Shares of Revolve Group Inc RVLV have undergone a nearly 19% decline over the past month. The Revolve Group Analyst Upgrade The company is projected to experience an expansion in gross margin, attributed to more controlled inventory and anticipated stabilization or minor improvements in return …

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JetBlue Airways Corp JBLU and Spirit Airlines Inc SAVE shares have been trading lower since the proposed Spirit-JetBlue merger hit a roadblock Tuesday. A U.S. District Court judge blocked the acquisition of Spirit Airlines by JetBlue, saying that the deal would raise the cost of …

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Uber Technologies Inc UBER has joined forces with Tesla Inc TSLA to galvanize drivers to make the transition to electric vehicles. Uber CEO Dara Khosrowshahi posits that more entities will have to collaborate to achieve electrification. Insights: According to Axios, Uber has initiated the sharing …

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The closing bell on Wednesday signaled a disquieting trend in the stock market. The Dow Jones index stumbled, shedding over 150 points while the NASDAQ and S&P 500 also experienced downturns of 1.15% and 0.91% respectively. Leading and Lagging Sectors Despite this, the healthcare sector …

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Alphabet is ceaselessly refining its Google TV abilities with fresh feature upgrades to seize the burgeoning opportunities inherent in the global smart streaming devices market. According to a Statista report, the global smart streaming devices market size anticipates a steady CAGR of 14.7% from 2023 …

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