Best Free US Stock Signals for 2024
Apple (NASDAQ:AAPL) has announced that it will hold a special event titled ‘Let Loose’ on May 7 that will be held online at 10 a.m. ET. While the company has so far just released a teaser invite with the date, it is expected that the event will focus on new iPad hardware and accessories.
Strategists at Goldman Sachs have recently pointed to two potential shifts in the risk landscape: the broadening of global growth and a reduction in inflation fears.
On Friday, Netflix (NASDAQ:NFLX) received an upgrade to \’Buy\’ from \’Hold\’ by Needham, with the firm setting a new price target of $700 for the streaming giant\’s stock. The upgrade follows Netflix\’s first-quarter earnings release, which showcased a revenue of $9.4 billion, marking a 15% year-over-year increase and surpassing estimates by 1%. The company\’s GAAP earnings per share (EPS) also rose significantly by 83% year-over-year to $5.28, exceeding estimates by 18%.
China has reportedly ordered Apple (NASDAQ:AAPL) to remove certain chat messaging apps from its app store in the country, according to The Wall Street Journal.
The tensions in the Middle East could result in stagflationary stocks, analysts at Bank of America Securities said in a note Friday.
Consumer products behemoth Proctor & Gamble (NYSE:PG)missed analysts\’ expectations in Q1 CY2024, with revenue flat year...
Procter & Gamble (NYSE:PG) reported third-quarter earnings that surpassed analysts\’ expectations, with adjusted earnings per share (EPS) of $1.52, which was $0.11 higher than the consensus estimate of $1.41. However, the company experienced a slight setback as revenue for the quarter was reported at $20.2 billion, falling short of the analysts\’ consensus of $20.44 billion. The stock responded with a modest decline of 1.2%, reflecting investor reaction to the revenue miss.
US-based stock funds experienced two-week outflows of $21.1 billion, the sharpest since December 2022, Bank of America strategists said Friday.
Investing.com — The blockbuster sale of legendary Paramount Global (NASDAQ:PARA) to David Ellison\’s Skydance Media may be at significant risk of falling short as Sony (NYSE:SONY) and Apollo Global Management (NYSE:APO) prepare to make \”a significantly better offer that will benefit all shareholders of the company,\” an insider told Investing.com exclusively this morning.
Research analysts at Needham & Company encouraged investors to buy the weakness in Taiwan Semiconductor Manufacturing (TSM), saying the sell-off in the stock was “overdone given the solid” earnings report for the fiscal Q1 2024. TSMC stock is still up 27% year-to-date.