STOCK ANALYSIS
WEEKLY FORECAST
FINANCIAL NEWS
US authorities takes extraordinay measures after SVB disaster

On Sunday, US authorities launched emergency measures to restore confidence in the banking system after Silicon Valley Bank's collapse threatened to trigger a broader financial crisis.

General Motors announces voluntary buyout program amid cost-cutting plan

In a plan to cut $2 billion in annual costs and preserve profits, General Motors Co. Thursday announced it will offer voluntary buyouts to most of its 58,000 US white-collar staff.

Oracle's latest earnings results fail to meet expectations, shares drop

After enterprise tech giant Oracle reported financial results for its 2023 fiscal third quarter that failed to meet expectations for higher growth, the stock dropped nearly 5% in after-hours trading Thursday.

JD.com reports better-than-expected sales as China's e-commerce stays resiliant

China e-commerce giant JD.com on Thursday reported a quarterly revenue increase of 7% after online consumer spending held up during an economic downturn.

Microsoft address Sony's concerns over Activision Blizzard deal

Sony Group Corp. laid out more concerns to the UK's antitrust watchdog about Microsoft Corp.'s planned acquisition of Activision Blizzard, now suggesting that Microsoft could kneecap (although unintentionally) the performance and quality of "Call of Duty" on PlayStation, with fans moving over to Xbox.

Demand for Apple's iPhones return to China, says Wedbush analyst

Longtime Apple bull and Wedbush analyst, Dan Ives, increased his price target on Apple stock from $180 to $190 and maintained his Outperform rating, noting Beijing rolling back the country's strict zero-Covid-19 lockdown policy earlier that month.

Salesforce jumps on AI bandwagon, adds ''Einstein GPT'' into software

Salesforce, the global leader in CRM, has been toying with artificial intelligence software for years. Now, the software giant is jumping on the AI bandwagon as it joins chatbot pioneer Open AI to provide "generative" AI tools across its software business.

Snap shares surge on US lawmaker initiatives to ban TikTok

Snap Inc. shares rose sharply on Monday as lawmaker initiatives to ban TikTok appeared to be gaining momentum in the US.

Amazon to delay construction of its Virginia headquarters

Months after Amazon.com Inc. announced job cuts spanning more than 18,000 roles amid a sobering economic outlook, the e-commerce giant, on Friday, said it would push back the start of construction for the next phase of its Virginia headquarters.

C3.ai jumps 31.5% on upbeat earings and continued popularity in AI

In trading on Friday, shares of C3.ai jumped as much as 31.5% after the company reported financial results for its 2023 fiscal third quarter, which beat across the board.

STOCK ANALYSIS: Keurig Dr Pepper, often overlooked and that could result in opportunities

Keurig Dr Pepper (NASDAQ:KDP) shares have been lagging behind for a while. Relative to rivals Pepsico and Coca Cola, the share price is underperforming, despite the results the company offers positive signs. We like to take a closer look at the stock to see what it has to offer.

Dell's tepid outlook overshadows strong quarterly results

After delivering a disappointing fiscal first-quarter outlook that stoked fears of a prolonged downturn in demand for office equipment and home computers, Dell Technologies Inc. ticked lower during Thursday's evening trade.

Broadcom predicts robust network revenue growth amid increasing AI investments

In a deteriorating economy, where consumer and enterprise spending is declining, Broadcom Inc. "predicted a soft landing" as increased investments in artificial intelligence spur demand for its chips used in data centers.

Shares of Reata Pharmaceuticals nearly triples. What happened?

Shares of Reata Pharmaceuticals surged as much as 195% Wednesday after the Food and Drug Administration approved Skyclarys a day earlier, a drug treating Friedreich's ataxia. 

Salesforce sees profitability rising, potentially easing pressure from activist investors

Potentially easing the pressure from a team of activist investors, Salesforce Inc. gave a surprisingly upbeat forecast for the coming year and plans to step up stock buybacks.

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