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U.S. stocks settled mixed on Wednesday, with the Dow Jones index falling more than 400 points during the session following the release of PCE data. The Dow Jones closed lower by around 444 points to 50,906.05 on Wednesday. The S&P 500 fell 0.25% to 7,651.54, while the Nasdaq Composite gained 0.24% at 26,861.06 during W
A market recap highlighted recent analyst changes for IES Holdings, Targa Resources, RH, Oracle and Avis Budget Group. The item also cited recent company news tied to those names, but the core event is the analyst rating activity.
The latest picks from Wall Street's most accurate analysts included buy and neutral calls, with target increases for Broadcom and DocuSign and cuts for Ambarella and Intel. Xtend AI Robotics was also initiated at Buy.
Five Wall Street analysts adjusted ratings or price targets on Ciena, Deere, Honeywell, NetApp and Tenax on Aug. 31.
A Benzinga roundup says five Wall Street analysts raised price targets or reiterated ratings on Deere, Marvell, News Corp, John B. Sanfilippo & Son and Taylor Devices, citing recent company results where noted.
Wall Street analysts maintained or adjusted ratings and price targets on Applied Materials, Outlook Therapeutics, Plexus, Applied Industrial Technologies and Cogent Communications after each company’s recent results or guidance.
U.S. stocks settled higher on Friday, with the Nasdaq Composite gaining more than 300 points and S&P 500 surging to record close during the session. Major indices also recorded gains for the second straight week, with the S&P 500 rising 3.6% and the Nasdaq surging 5.2%. The Dow also jumped around 3% last week. Wall Str
U.S. stocks settled higher on Friday, with the Nasdaq Composite gaining 1% during the session following a sharp rise in Amazon.com Inc (NASDAQ: AMZN ) shares. The S&P 500 fell 0.1%, while the Nasdaq dipped 3.2% in July. However, the Dow gained 0.3% during the period, recording its fourth straight positive month. Wall S
U.S. stocks settled mixed on Friday, with the Dow Jones index gaining more than 200 points during the session. However, the Nasdaq settled lower amid decline in chip stocks. Major indices on the Wall Street settled lower last week, with the S&P 500 and the Nasdaq falling 0.6% and 2.1%, respectively. The Dow also lost 0
U.S. stocks settled mixed on Thursday, with the Dow Jones index surging to record highs during the session. The Nasdaq Composite, however, moved lower amid a decline in semiconductor stocks. Major indices closed the holiday-shortened week with gains, as the S&P 500 rose 1.8% and the 30-stock Dow surged around 2% during
Walmart Inc (NASDAQ: WMT ) shares are under pressure Wednesday as traders circulate a research note suggesting the retail giant’s domestic comparable sales growth may have lost some steam. Here’s what you should know. Walmart stock is taking a hit today. What’s weighing on WMT shares? What The Note Says The note making
U.S. stocks settled higher on Tuesday, with the Nasdaq Composite gaining around 1.5% during the session. The S&P 500 climbed 14.9%, while the Nasdaq surged 21.4% in the second quarter, notching its biggest quarterly gains since the second quarter of 2020. The Dow also climbed 12.9%, notching its best quarter since the
As the tech sector embraces the reality that ‘AI equals memory,’ a new Bernstein research note reveals why SanDisk Corp. (NASDAQ: SNDK ) holds a distinct edge over Micron Technology Inc. (NASDAQ: MU ) through its uniquely structured, “dynamic” long-term contracts. The Shift To Memory As the artificial intelligence boom
U.S. stocks settled lower on Friday, with the Nasdaq Composite falling more than 50 points during the session, recording its fifth straight losing session. The S&P 500 fell around 2% last week, while the Nasdaq tumbled 4.6% in the period. However, the Dow recorded gains, rising 0.6% last week. Wall Street analysts make
Wall Street's most accurate analysts maintain Buy ratings and raise price targets on Apple, Jabil, Lam Research, and Micron Technology