Business
Apple stories earnings Thursday and all eyes are on Apple iphone 14 profits
Apple will report its fourth-quarter earnings for the quarter ended in September right after the bell on Thursday. The most significant new info will be any aspects the tech large provides on how the Apple iphone 14 collection is promoting. Numerous investors will be viewing to see if Apple’s newest iPhones, which went on sale […]
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‘Star Wars’ movie in development from ‘Watchmen’ showrunner and ‘Ms. Marvel’ director, reports say
(L-R) Regina King, Damon Lindelof attend Premiere Of HBO’s “Watchmen” at The Cinerama Dome on October 14, 2019 in Los Angeles, California. Leon Bennett | Wireimage | Getty Images A new “Star Wars” movie is under development with a pair of buzzy names already attached, according to media reports. Damon Lindelof, showrunner for “Lost,” “The Leftovers” and “Watchmen,” […]
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5 things to know before the stock market opens Monday
Traders on the floor of the NYSE, Oct. 21, 2022. Source: NYSE Here are the most important news items that investors need to start their trading day: 1. You want earnings? We’ve got earnings. It’s the biggest week yet for this earnings season, particularly for megacap tech names. Google parent Alphabet, Microsoft, Facebook parent Meta, […]
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Trader calls on Meta to slash headcount, gradual metaverse spending
Drew Angerer | Getty Pictures News | Getty Pictures Altimeter Money Chair and CEO Brad Gerstner reported in an open letter to the corporation and CEO Mark Zuckerberg on Monday that Meta has also several personnel and is transferring too slowly but surely to keep the self-confidence of traders. The Meta trader recommends a program […]
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Barclays downgrades Analog Devices, says it has yet to price in a correction
There are better names off the bottom in semiconductor stocks than Analog Devices , according to Barclays. Analyst Blayne Curtis downgraded shares of Analog Devices to equal weight from overweight, and lowered the price target, saying the semiconductor stock has yet to price in a correction. “We expect Analog cuts to increase into next year […]
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Andreessen Horowitz-backed startup takes on mass producing spacecraft
Co-founders Max Benassi, left, and Ian Cinnamon Apex Space A pair of heavy-hitter startup founders is turning their attention to what they see as a key bottleneck in the space industry, and has already won backing from high-profile venture capital. Los Angeles-based Apex Space, led by co-founders Ian Cinnamon and Max Benassi, wants to better […]
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Raymond James upgrades AT&T to strong buy, says telecom giant can surge 40%
AT & T ‘s prospects keep getting better, according to Raymond James. Analyst Frank G. Louthan upgraded shares of AT & T to strong buy from outperform, saying the telecommunications company’s return to its core business has improved the stock. “We believe this stronger rating is appropriate given AT & T’s simpler story is starting […]
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Beyond Meat is rolling out its steak substitute in grocery stores
Beyond Steak Source: Beyond Meat Beyond Meat is launching a steak substitute in grocery stores on Monday. The new product will roll out nationwide at more than 5,000 Kroger and Walmart stores, as well as Albertsons, Ahold Delhaize, Jewel-Osco, Sprouts and other local grocers. The announcement concludes a rocky month for the maker of meat […]
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Bank of America downgrades Meta, says lower ad spending could hurt Reels
Investors should hold off on Meta as it heads into earnings this week, according to Bank of America. Analyst Justin Post downgraded shares of Meta to neutral from buy, saying there is likely greater ad spending pressure ahead that could hurt Meta’s Reels business. “[While] 4Q & 2023 expectations have been lowered, we expect advertiser […]
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The UK’s Conservative Get together is gearing up for a new chief. This is what to count on
Britain is making ready to title its fifth prime minister in 6 several years. Richard Baker | In Photographs | Getty Illustrations or photos LONDON — The U.K. is gearing up to install a new prime minister this 7 days — its fifth in 6 many years — pursuing the unexpected resignation of Liz Truss, […]
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