Apple Gets Rare Downgrade From Jefferies, Analyst Warns On Slowing Revenue Growth, Missed Forecasts, And Falling iPhone Demand

Apple Inc. AAPL faces mounting pressure as Jefferies downgraded the tech giant to ‘underperform,’ citing concerns over revenue growth, following President Donald Trump‘s remarks about potential new U.S. investments from the company. The Apple Analyst: Jefferies analyst Edison Lee cut his price target to $200.75 …

Read more

Mark Zuckerberg's Instagram Doubles Down On Rivalry With New 'Edits' App To Lure Creators Amid Potential TikTok Shutdown

On Sunday, Meta Platforms, Inc.’s META Instagram announced a new video creation app called ‘Edits’ to attract TikTok users. What Happened: Adam Mosseri posted a video on Instagram and unveiled the ‘Edits’ app, which resembles CapCut, a popular tool among TikTok creators. The new app …

Read more

Carvana: Bumpy Ride Or Comeback Story? Here's What The Technicals Suggest

Carvana Co‘s CVNA stock is up over 8.4% at last check Thursday, bringing its price to over $232 a share. Just two weeks ago, the used car retailer was reeling from accusations of fraudulent accounting, thanks to a scathing report from short-seller Hindenburg Research. Today, …

Read more

North American Insurers Transform Systems, Adopt AI for Adaptability

Established companies modernize software, data management to stay relevant as climate change, new competitors shake up business models, ISG Provider Lens™ report says Insurance enterprises in North America are integrating new technologies, including AI, to succeed in an unpredictable, rapidly changing market, according to a …

Read more

5 Stocks to Buy as Retail Sector Stages Roaring Recovery

Key Takeaways Thanks to Fed rate cuts, retail sales have improved remarkably in recent months and closed 2024 on a high. We’ve selected five retails stocks with positive earnings estimate revisions in the last 60 days. Amazon, Walmart, Urban Outfitters, Costco and Deckers Outdoor Corp …

Read more

What to Expect From Gen Digital's Next Quarterly Earnings Report

Based in Tempe, Arizona, Gen Digital Inc. (GEN) is a cybersecurity company that provides cyber safety, online privacy, and identity protection solutions. Valued at a market cap of almost $17 billion, the company offers security and performance products under various brands, including Norton, Avast, Avira, …

Read more

This Trillion-Dollar Artificial Intelligence (AI) Chip Stock Has Surged 110% in the Last Year. Could a Stock Split Be on the Horizon?

As of Jan. 17, there are 10 public companies in the world with valuations of at least $1 trillion. With the exception of Warren Buffett’s investment powerhouse, Berkshire Hathaway, each trillion-dollar stock is playing a leading role in the ongoing artificial intelligence (AI) revolution. After …

Read more

Jensen Huang Just Delivered Incredible News for Nvidia Stock Investors

Nvidia (NASDAQ: NVDA) was founded in 1993, and it went on to create the world’s first graphics processing units (GPUs) for computing, media, and gaming applications. Now, decades later, the company has adapted those powerful chips for data centers, where they are used to develop …

Read more

BetMGM Secures Exclusive Online Casino Content Rights To "Family Feud" and "The Price is Right" With Fremantle Partnership

Collaboration will bring bespoke content and never-before-seen show integrations JERSEY CITY, N.J., Jan. 19, 2025 /PRNewswire/ — BetMGM, a leading iGaming and sports betting operator, announced today a new and exclusive online casino rights partnership with Fremantle, a world leader in creating, producing and distributing …

Read more

Time to Buy Netflix Stock as Q4 Earnings Approach?

As a reminder that U.S. markets are closed on Monday for Martin Luther King Day, investors will be looking ahead to Tuesday’s (Jan 21) trading session, which features Q4 results from Netflix NFLX. Being one of the headline names of next week’s earnings lineup, let’s …

Read more