Snap, AT&T, Warby Parker, Tesla & more

Here are Friday’s biggest calls on Wall Street: Barclays downgrades AT & T to equal weight from overweight Barclays said in a note to clients after AT & T’s earnings report that it has “credibility questions” which are likely to persist. “AT & T’s results, while being impacted to some extent by the macro backdrop, … Read more

Recession-fearing investors keep slashing fastest-growing cloud stocks

Nima Ghamsari, co-founder and chief executive officer of Blend, speaks during the Sooner Than You Think conference in New York on Oct. 16, 2018. Alex Flynn | Bloomberg | Getty Images Tech investors finally got some relief this past week, as the Nasdaq broke a seven-week losing streak, its worst stretch since the dot-com bust … Read more

Microsoft $15 billion security unit gives investors reason for hope

Satya Nadella, chief executive officer of Microsoft Corp. Grant Hindsley | Bloomberg | Getty Images In January 2021, Microsoft CEO Satya Nadella revealed the size of the software company’s security business for the first time. The number was big. Nadella told analysts on an earnings call that the operation had reached $ 10 billion in … Read more

Top Wall Street analysts say buy stocks like Apple & Airbnb

Apple CEO Tim Cook attends the premiere of season two of the television series “Ted Lasso” at Pacific Design Center in West Hollywood, California, US July 15, 2021. Mario Anzuoni | Reuters The last week has been nothing but turmoil for not only the stock market, but the world. Russia’s invasion of Ukraine has shaken … Read more

Costco, Rivian, Signature Bank, Sweetgreen

Shoppers wearing face masks leave a Costco wholesale store in Washington, DC Ting Shen | Xinhua News Agency | Getty Images Check out the companies making headlines in midday trading. Costco – The stock dipped 3.3% midday despite a better-than-expected quarterly report. The retailer reported earnings of $ 2.92 per share on revenue of $ … Read more

Here are Friday's biggest analyst calls of the day: Amazon, Rivian, Roblox, Six Flags, Uber & more

Here are the biggest calls on Wall Street on

Weber, Rivian, Tyson and more

Weber, which plans to trade on the New York Stock Exchange under the ticker ‘WEBR’ could be valued between $ 4 billion and $ 6 billion. Scott Olson | Getty Images News | Getty Images Check out the companies making headlines in midday trading. Weber – Shares of the grill maker tumbled 8.7% after the … Read more

Splunk, Blackstone, Aerojet Rocketdyne and more

Take a look at some of the biggest movers in the premarket: Splunk (SPLK) – Cisco Systems (CSCO) made a more than $ 20 billion takeover bid for the cloud software company, according to people familiar with the matter who spoke to The Wall Street Journal. A deal of that size would represent the networking … Read more

Splunk shares spike on report of Cisco buyout offer

Chuck Robbins, CEO, Cisco Systems, speaking at the World Economic Forum, Davos, Switzerland, January 21, 2020. Splunk shares rose as much as 14% in extended trading on Friday after the Wall Street Journal reported that Cisco made an offer to buy the data analytics software company for over $ 20 billion. At the peak of … Read more