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Deckers Outdoor plunges amid concerns over brand growth deceleration

Investing.com - Deckers Outdoor Corporation (NYSE:DECK) tanked 4.9% on Wednesday, following cautionary remarks from M Science regarding a significant slowdown in growth for its Hoka and UGG brands in

Investing.com

Jul 10, 2024

WK Kellog faces soggy outlook that puts margin expansion in crosshairs: BofA

Investing.com -- WK Kellog faces a battle to improve volumes that could force the cereal maker to ramp up investments, keeping a lid on margin expansion at a challenging time in the cereal category,

Investing.com

Jul 10, 2024

FTC to sue drug managers amid insulin price hikes

Investing.com - The Federal Trade Commission (FTC) is gearing up to sue the top three pharmacy-benefit managers (PBMs) over their strategies for negotiating drug prices, including insulin. This follow

Investing.com

Jul 10, 2024

Where will Tesla stock move after humbling analysts with Q2 results?

Tesla (NASDAQ:TSLA) stock has staged a massive rally in recent weeks. The remarkable turnaround with shares gaining more than 75% since hitting 52-week lows in April indicates that Tesla shares have s

Investing.com

Jul 10, 2024

RBC - HubSpot's buying potential surges as Google shelves acquisition plan

Investing.com - Analysts from RBC have weighed in on the recent news that Alphabet Inc (NASDAQ:GOOGL) (NASDAQ:GOOG) has reportedly suspended its efforts to acquire HubSpot Inc (NYSE:HUBS)., leadin

Investing.com

Jul 10, 2024

Apple targets 10% iPhone shipment growth in 2024 - Bloomberg

Investing.com - Apple Inc (NASDAQ:AAPL) is planning to ship at least 90 million units of its iPhone 16 in the latter half of 2024, banking on AI services to bolster demand for its new lineup following

Investing.com

Jul 10, 2024

Alphabet walks away from pursuit of Hubspot: Bloomberg

Investing.com -- Alphabet has walked away from its pursuit of HubSpot, Bloomberg reported Wednesday, citing unnamed sources. HubSpot Inc (NYSE:HUBS) fell 12% in recent trading.Earlier this year,

Investing.com

Jul 10, 2024

Exclusive: Groupon activist ups stake on 'growing conviction', stock adds new bull

Investing.com -- Shares of Groupon Inc (NASDAQ:GRPN) are trading higher midday Wednesday, up nearly 7%, as both Wall Street’s analysts, as well as some of its biggest shareholders voice strong sup

Investing.com

Jul 10, 2024

US Treasury sells $39B 10-year notes at slightly lower-than-expected yield

Investing.com -- The U.S. government sold $39 billion of 10-year Treasuries on Wednesday at a slightly lower-than-expected yield as stronger domestic buying eased the hit from softer demand. The

Investing.com

Jul 10, 2024

Wolfe increasingly convinced Fed will start cutting interest rates in September

Wolfe Research analysts doubled down on their prediction of a Federal Reserve policy shift, citing recent comments from Chair Jerome Powell in his testimony to the Senate Banking Committee and economi

Investing.com

Jul 10, 2024

Apple stock target raised at Needham on ads business strength, buyback plan

Needham&Company analysts increased their price target for Apple (NASDAQ:AAPL) to $260 from $220 in a note Wednesday, citing the company's hefty $110 billion share buyback plan and the potential of

Investing.com

Jul 10, 2024

Microsoft, Tesla and Goodyear rise premarket; 3M and Honeywell fall

Investing.com -- U.S. stock futures largely edged higher Wednesday, ahead of the second round of comments from Fed chief Jerome Powell to Congress.Here are some of the biggest premarket U.S. stock mov

Investing.com

Jul 10, 2024

Barclays launches Volvo AB at Equal Weight, favors Daimler Truck and Traton

Investing.com - Barclays (LON:BARC) has initiated coverage of Volvo AB (OTC:VLVLY) with an Equal Weight rating and a price target of SEK 300. The British investment bank acknowledged Volvo's reputat

Investing.com

Jul 10, 2024

Is Tesla energy worth more than Tesla auto? Morgan Stanley discusses

Morgan Stanley (NYSE:MS) analysts raised questions about the relative value of Tesla (NASDAQ:TSLA)'s business segments compared to auto.The US investment bank highlights the surging interest in Tesl

Investing.com

Jul 10, 2024

SSP soars after impressive sales performance; bodes well for travel season

Investing.com - SSP Group (LON:SSPG) stock soared Wednesday after the operator of food and beverage travel concessions reported impressive sales growth in the second quarter, driven by the continued r

Investing.com

Jul 10, 2024

Hurricane Watch 2024: Beryl could be the start of a busier storm season for E&C's

Hurricane Beryl's landfall in Texas as a Category 1 storm serves as a reminder of the potential impact of the hurricane season on engineering and construction (E&C) companies, according to Citi an

Investing.com

Jul 10, 2024

Are European luxury carmakers in trouble?

Volkswagen (ETR:VOWG_p) has revised its margin outlook for the year, attributing the adjustment to potential costs related to an Audi plant closure in Belgium and other unexpected expenses.The company

Investing.com

Jul 10, 2024

Volkswagen stock falls after profit warning, plant closure

Investing.com - Volkswagen (ETR:VOWG_p) stock fell Wednesday after the German auto giant issued a profit warning, stating that it may also close a plant of its luxury brand Audi.At 06:05 ET (10:05 GMT

Investing.com

Jul 10, 2024

Nomura sees limited upside for SMCI stock, cuts rating

Research analysts at Nomura lowered their rating for Super Micro Computer (NASDAQ:SMCI) stock to Neutral from Buy due to “limited share price upside.”“After Supermicro’s strong guidance for CY4Q23-CY1

Investing.com

Jul 10, 2024

FTSE 100 opens higher; U.K. shares in green

Investing.com – U.K. equities started with gains on Wednesday, with gain in majority of sectors, the most notable ones being the Travel & Leisure, Mobile Telecommunications, Mining and Food

Investing.com

Jul 10, 2024

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