Broadcom stock reverses lower on a misinterpretation of what the CEO said on the earnings call
Broadcom on Thursday evening reported another strong quarter and better-than-expected guidance for the current quarter. Nonetheless, the Club…
We’re increasing our Cisco Systems price target after an AI-fueled beat and raise
Cisco Systems shares spiked higher Wednesday evening after the networking company delivered a quarterly beat and outlook raise.…
Here’s our price target and rating on Qnity, our newest stock to ride the AI chip boom
Call us believers in the Qnity Electronics story. We’re instituting a buy-equivalent 1 rating and price target of…
We’re jacking up our price target on Amazon after its cloud unit surprises
Amazon shares surged Thursday in extended trading after the tech giant posted better-than-expected third-quarter results, driven by accelerated…
We’re raising our Eli Lilly price target — what a difference a quarter makes
Eli Lilly shares jumped Thursday after the drugmaker posted a strong third quarter, driven by sales of its…
Starbucks shows progress in its turnaround but is stuck in an unloved group
Starbucks reported mixed quarterly results on Wednesday — but there was enough in the numbers and on the…
We’re downgrading it, considering next move
Shares of Abbott Laboratories fell 3% on Wednesday after the diversified health-care company delivered another less-than-stellar quarter. Revenue…
Nike shares jump on strong earnings, signs its turnaround is racing ahead under CEO Hill
Nike shares jumped in after-hours trading Tuesday after the sportswear maker’s quarterly results far exceeded Wall Street expectations,…
We raised our Broadcom price target after a stock pop that was all about the conference call
Broadcom on Thursday evening reported a strong quarter and a solid guide. But the stock really got going…
Nvidia shares fall on a strong but not impenetrable quarter. There’s still so much to like
Nvidia delivered a better-than-expected quarterly results Wednesday night, but a few blemishes in the report — at least…
Is the activist heat on Salesforce ramping back up? The market sure thinks so
Shares of Salesforce rallied Friday as Wall Street bets that activist pressure may again help revive an otherwise…
Cisco Systems deserves more respect in AI, and its quarterly results prove it
Cisco Systems on Wednesday evening beat Street estimates on both the top and bottom line with its fiscal…