Disney initiated, Cisco upgraded: Wall Street’s top analyst calls TipRanks Article Source https://www.tipranks.com/news/the-fly/disney-initiated-cisco-upgraded-wall-streets-top-analyst-calls
Shares of data center storage rivals Pure Storage Inc. and NetApp Inc. took a hit in extended trading today, despite posting earnings and revenue that beat expectations, but both companies were completely overshadowed by Nutanix Inc. Nutanix crushed Wall Street’s estimates, sending its stock soaring more than 15% after-hours. Pure Storage’s stock fell more than 16% … Read more
Shares of data center storage rivals Pure Storage Inc. and NetApp Inc. took a hit in extended trading today, despite posting earnings and revenue that beat expectations. Pure Storage’s stock fell more than 16% in the after-hours market action, while NetApp’s were down over 5% after both companies warned of longer sales cycles. Both companies … Read more
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock’s price. Do they really matter, though? Let’s take a look at what these Wall Street heavyweights have to … Read more
Artificial intelligence (AI) is a hot trend on Wall Street, but stock splits are also gaining attention. Stock splits allow companies to adjust their stock price and shares outstanding without impacting market capitalization. There are two types of stock splits: forward and reverse, with forward splits making shares more affordable for investors and reverse splits … Read more
Oracle (ORCL) is a major player in the cloud computing sector, facing competition from Google Cloud, Adobe Experience Cloud, and Amazon Web Services. Despite this, the stock is up 40% year-to-date, showcasing its growth potential in the market. Oracle continues to innovate with strategic partnerships and international expansion, including a recent $1 billion investment in … Read more
Asian stocks rose on Tuesday despite a decline in Wall Street’s NVIDIA. The Nikkei 225 in Japan increased by 0.5%, while Hong Kong’s Hang Seng rose by 0.5% and the Shanghai Composite Index fell by 0.3%. Australia’s S&P/ASX 200 gained 0.9%, South Korea’s Kospi rose 0.5%, and Taiwan’s Taiex lost 0.3%. The S&P 500 fell … Read more
U.S. stocks closed with the S&P 500 slightly down as the Dow Jones gained 1.45% last week, marking its strongest weekly performance since May. Analyst ratings play a vital role in investment decisions, but not all analysts have a good track record. Benzinga offers the Analyst Ratings API that provides high-quality stock ratings from top … Read more
Nvidia has received a bullish outlook from Wall Street’s latest supporter, who believes the stock has the potential to grow by 50%. This positive sentiment is based on various factors that suggest the company’s stock price could increase significantly in the near future. Investors are closely watching Nvidia’s performance and are optimistic about its growth … Read more
Nvidia’s stock surged to the top of the market on Tuesday, solidifying its position as the most valuable company on Wall Street. The S&P 500 and Nasdaq set new records, with the Dow Jones also making gains. Nvidia’s remarkable rise has been driven by its strong performance in the AI chip sector, propelling its revenue … Read more