Microsoft Corporation shares are advancing strongly following the release of the company’s quarterly results. The Microsoft Analysts Piper Sandler analyst Brent Bracelin maintained an Overweight rating and a $352 price target on Microsoft shares. Rosenblatt Securities analyst Blair Abernethy maintained a Buy rating and a price target of $349. Wedbush analyst Daniel Ives has an Outperform…
Microsoft Analysts See a Bright Future Following Strong Q2 Earnings; Cloud Computing a Major Driver
5 Dow Jones Stocks With Earnings to Watch This Week
The week of Jan. 24 features earnings from many large-cap companies including around half of the 30 companies that make up the Dow Jones Industrial Index. Here is a look at five stocks investors should watch this week of the many earnings reports happening. Microsoft Corporation Technology giant Microsoft Corporation reports second-quarter financial results after…
Verizon Q4 Earnings Beat Consensus; Sees FY22 EPS Above Expectations
Verizon Communications Inc. reported a fourth-quarter FY21 sales decline of 1.8 percent year-on-year, to $34.1 billion, beating the consensus of $33.9 billion. Adjusted EPS of $1.31 beat the consensus of $1.29. Total Verizon Consumer revenue grew 7.4 percent Y/Y to $25.7 billion, driven by strong demand for its higher-tier premium mobility and broadband offerings. Consumer wireless service…
Here’s Why Goldman Sachs Sees 12 Percent Downside in Apple
Goldman Sachs analyst Rod Hall reiterated his Neutral rating and $142 price target on Apple Inc. shares heading into earnings. The price target implies a downside of 12 percent. Hall notes company’s iPhone business should see positive results with upside risk to his December numbers. However, retail sales data and Chinese CAICT data suggest slower momentum in the month…
3M Profit Beats on Demand for Home Improvement, Personal Safety Products
3M Co. reported better-than-expected quarterly revenue and profit on Tuesday, as demand for its home improvement and personal safety products helped offset lower sales in the transportation and electronics unit, which is suffering from supply chain snarls. Shares of the diversified manufacturer rose 2 percent before the bell. The company, the biggest maker of N95…
A Tale of Two Chip Stocks: Intel, Texas Instruments Get the Ball Rolling for Semiconductor Earnings
Intel Corporation and Texas Instruments Incorporated report quarterly results this week, marking the beginning of the big tech earnings season. Texas Instruments is scheduled to report Tuesday after the close, and Intel will release its quarterly report the next day after the close. Here are Rosenblatt Securities’ expectations concerning the first two big tech earnings to…
Siemens Energy Cuts Outlook as Fresh Problems Emerge at Wind Unit
FRANKFURT—Siemens Energy on Thursday cut its outlook after wind division Siemens Gamesa warned of prolonged supply chain issues, renewing pressure on the German firm to fully take over the unit in order to get a better handle on its problems. Siemens Energy, which owns 67 percent in Siemens Gamesa, said it now expects a margin…
Wall Street Opens Higher on Upbeat Earnings
Wall Street’s main indexes opened higher on Thursday as results from American Airlines and Travelers kept the positive momentum going for the fourth-quarter earnings season, a day after the tech-heavy Nasdaq index plunged into correction territory. The Dow Jones Industrial Average rose 74.01 points, or 0.21 percent, at the open to 35,102.66. The S&P 500…
United Airlines Cuts Capacity Forecast, Flags Cost Pressure on Omicron Turmoil
CHICAGO—United Airlines Holdings on Wednesday trimmed its capacity forecast and warned of higher costs, after posting a smaller-than-expected fourth-quarter loss, citing turbulence from the Omicron coronavirus variant. The Chicago-based carrier said the latest wave of the health crisis has depressed near-term demand even as bookings for the spring and beyond remain strong. United said its…
US Stock Indexes Bounce Back on Strong Earnings
U.S. stock indexes rose on Wednesday after upbeat results from a host of companies partially offset a wobbly start to the fourth-quarter reporting season, while Big Tech stocks also made a comeback after a bruising selloff. Quarterly reports from UnitedHealth Group Inc. and Procter & Gamble Co. supported sentiment in early trading, while Bank of…
US News
RSS Error: A feed could not be found at `https://www.theepochtimes.com/c-us/feed`; the status code is `200` and content-type is `text/html; charset=utf-8`