Streaming TV software and hardware provider Roku Inc. could become one of the primary beneficiaries of the mass abandonment of cable television users. The company has several advantages over its competitors, offering video streaming services.
By the end of 2022, only 65.1 million US households continued to have traditional cable television , a decrease of 9.0%...
General Electric Co. has announced a company split aimed at increasing its business efficiency. Following the division, two companies will emerge: GE Aerospace, a manufacturer of solutions for the aerospace industry, and GE Vernova, which combines the energy divisions of GE Power and GE Renewable Energy. Investors who own GE stock will receive a stake in both...
Heavy equipment manufacturer Caterpillar Inc. reported adjusted earnings per share of 5.23 USD for Q4 2023. The company's revenue amounted to 17.07 billion USD, with sales particularly robust in North America. Stocks of industrial sector companies like Caterpillar are now in demand. Following such a strong report, Caterpillar shares updated their all-time...
Microsoft Corporation's revenue for Q4 2023 increased by 18% and amounted to 62.02 billion USD, exceeding the average analyst estimate of 61.12 billion USD. Earnings per share (EPS) reached 2.93 USD, surpassing the consensus estimate by 15 cents. Nevertheless, stock prices barely reacted to this outstanding result. This circumstance may open up an investment...
Investment experts at UBS have upgraded their rating on Spotify Technology S.A. shares to "Buy". Analysts believe that efficiency initiatives will yield positive results. They are confident of sustained margin expansion and more robust earnings trends for the company in the coming years. The issuer's business is transnational and geographically diversified....
After inspecting the Boeing 737 MAX 9, Alaska Airlines has announced the resumption of flights on this aircraft. Previously, challenges have repeatedly surfaced with this model. However, with the proven reliability of Boeing's planes and no claims against the issuer, further revenue growth and business recovery opportunities may now be opening up for Boeing,...
As reported by Reuters , Morgan Stanley has raised its target price for Microsoft Corporation shares from 415 USD to 450 USD. The bank is optimistic about the further strengthening of Microsoft's position in IT budgets, thanks to GenAI's robust portfolio. Morgan Stanley believes MSFT's continued growth potential is driven by the company's strategic alignment with...
Last weekend marked the release of the initial reviews from regular users regarding the update to Tesla Inc.'s car autopilot system. The company has transitioned from labour-intensive manual programming to code generation using neural networks.
This development is of great significance for the entire automotive industry as it seeks to answer the question: Can...
According to Netflix Inc.'s report , the company boasts 250 million paid subscribers worldwide. In Q3 2023, Netflix attracted nearly 8.8 million new customers, setting a record since 2020. The company aims to achieve the same results in Q4 2023. Moreover, its management intends to sustain such strong audience growth rates long-term. All this will allow Netflix to...
According to the International Data Corporation (IDC) report , Apple Inc. has secured the leading position in the smartphone market for the first time since 2010. The second position is now held by the former leader, Samsung Electronics Co., Ltd. Notably, the overall smartphone market volume has declined by 3.2%, reaching a total of 1.17 billion devices.
If...
The IDC MarketScape report, "Worldwide Retail Operations Management Solutions 2023 Vendor Assessment", ranks Oracle's solutions as the best for the retail sector. These are tools for retail trade, cloud services for daily operations management, merchandising, purchasing control, and more. Experts commend the potential of Oracle's new solutions, incorporating...
Analysts at the Baird brokerage company have upgraded the stock rating for Salesforce Inc. from Neutral to Outperform, setting a target price of 300 USD. They believe the issuer's business has a high margin, and the subsequent introduction of artificial intelligence technologies will increase it. For this reason, Salesforce shares may become attractive for both...
According to investing.com , analysts at Bernstein brokerage company have reaffirmed an "outperform" rating on Boeing Co shares, setting a target price of 272 USD, in response to media reports that the incident involving Air Alaska Flight 1282 was unrelated to an isolated operational issue.
The issuer's fault may only be indirect, and this fact is unlikely to...
Analysts at the Oppenheimer brokerage company, as reported by Reuters , have upgraded the stock rating of Moderna Inc. to "outperforming the market," and the vaccine maker's CEO reiterated the company's goal of achieving sales growth by 2025.
The issuer's shares fell nearly 45% in 2023, marking its worst annual performance due to weak COVID-19 vaccine sales....
The US Department of Justice is preparing to initiate a large-scale antitrust case against Apple Inc. This action is prompted by the dominant position of Apple devices in the market and the measures the company has taken to safeguard its business.
As reported by CNBC (www.cnbc.com), investment specialists at Piper Sandler have revised their forecast for the price...
Healthcare provider UnitedHealth Group Inc. is diversifying its business. Following the acquisition of the home health services company LHC Group for $5.4 billion earlier this year, the company also has plans to acquire another home healthcare company, Amedisys, for $3.3 billion. These strategic investments will help strengthen UnitedHealth Group's position in the...
Analysts at JPMorgan Chase believe in continued growth in the technology sector in 2024, with a particular focus on Amazon.com Inc.'s stock. The company is showing impressive growth rates in both revenue and net income. Compared to its P/S multiple (capitalisation to revenue ratio), Amazon.com Inc. trades lower than the technology sector, at 2.84 versus 5.38....
Piper Sandler analysts have upgraded Sunrun Inc.'s stock rating from "Neutral" to "Overweight". Experts view the recent statement by the US Federal Reserve about pausing interest rate hikes as an "unequivocally positive" catalyst for the solar energy sector in the coming year. This industry has developed thanks to "cheap" credit resources, so a reduction in rates...
