Summary: Citi analyst Geoff Meacham maintained a Hold rating on Amgen (AMGN) with a price target of $295.00. Analyst consensus for Amgen is Moderate Buy with a price target consensus of $330.63, representing a 12.06% upside. There has been negative corporate insider sentiment with an increase in insiders selling their shares.
Full articleSummary: Jeremy Grantham's 13F filing for Q4 2024 reveals strategic moves including new buys, key position increases, and selling out of certain holdings.
Full articleSummary: Renewed cultural acceptance and excitement about AI's potential as organizations across industries try to take advantage of AI gold rush. IBM and NVIDIA are collaborating to unlock, accelerate, and protect data, helping clients overcome hidden costs, ethical dilemmas, and technical hurdles of sustainable AI monetization. IBM to attend NVIDIA GTC 2025 to showcase how AI and accelerated computing are solving complex challenges.
Full articleSummary: Renewed cultural acceptance and excitement about AI's potential leads to companies like IBM and NVIDIA offering solutions to unlock, accelerate, and protect data to overcome AI's hidden costs, ethical dilemmas, and technical hurdles.
Full articleSummary: Wells Fargo raises price target on Waters (WAT) to $420 from $415, maintains Overweight rating due to concerns surrounding 2025 guidance alignment with Street and Q1 2025 margin/EPS guide.
Full articleSummary: Eli Lilly and Company, a pharmaceutical company, has seen a rise in stock value due to strong Q4 2024 earnings report, particularly driven by the sales of its GLP-1 drugs Mounjaro and Zepbound.
Full articleSummary: BTIG downgraded General Dynamics to Neutral from Buy with a cautious outlook for 2025 due to regulatory and supply chain headwinds affecting Gulfstream growth potential and weaker free cash flow performance.
Full articleSummary: Analysts have expressed bullish sentiments on Waste Connections, Deere, and Generac Holdings in the Industrial Goods sector.
Full articleSummary: Bank of America is optimistic about gold citing supply and demand model suggesting potential price increase due to investment demand.
Full articleSummary: A new detailed campaign, tracked as REF7707, has been targeting various organizations with advanced malware capable of remote access. The attackers exhibit poor campaign management but high technical capabilities, with both Windows and Linux variants of the malware being utilized.
Full articleSummary: Legato Capital Management LLC reduced its position in Lowe's Companies by 52.9% during the 4th quarter with other institutional investors also making changes. Insider selling occurred with a 30.12% decrease in ownership. Lowe's Companies announced a quarterly dividend and Wall Street analysts have provided various ratings and price targets for the stock.
Full articleSummary: Wells Fargo raised Reddit's price target to $215 from $206 and maintains an Overweight rating. The firm sees potential for U.S. user growth to regain market confidence, but expects a few quarters of strong growth for full recovery.
Full articleSummary: Deere & Co. reported fiscal first-quarter results beating expectations with a per-share net income of $3.19 compared to the estimated $3.13.
Full articleSummary: Charles Schwab clients can now trade an extensive list of securities 24/5 following SEC approval for all-day trading. Schwab facilitates about twice the trades of any publicly shared competitor on a daily basis.
Full articleSummary: Recent insider selling activity observed at Emerson Electric Co., with one insider selling shares at around the current price. Despite high insider ownership, lack of recent insider buying activity raises concerns about the stock.
Full articleSummary: Nike has officially unveiled the Air Force 1 Low 'SK8' sneaker, which features a skate-ready design but looks more like a standard Air Force 1. The sneakers come in 'Psychic Blue' and black/white colorways, with a rumored 'Stadium Green' version yet to be revealed. The gum rubber soles provide a skate-like detail.
Full articleSummary: Wells Fargo analyst raised Home Depot's price target to $450 from $440 and maintains an Overweight rating due to improving Q4 checks and potential for 2025 upward revisions.
Full articleSummary: Pfizer's antibody-drug conjugate Adcetris has received FDA approval for treating certain non-Hodgkin lymphomas, increasing its total number of indications to eight. The expansion allows the drug's use with lenalidomide and rituximab after two lines of systemic therapy in specific patients with large B-cell lymphoma who are not eligible for stem cell transplantation or CAR T therapy.
Full articleSummary: Ford and Lincoln luxury division recalls 72,624 trucks and SUVs due to rearview camera issues, cause unidentified, free remedy when developed.
Full articleSummary: Caterpillar Inc. (CAT) is considered a bearish candidate due to breaking below the 200-day moving average, with a trade analysis suggesting a struggle to surpass the 50-day moving average soon. A Bear Call spread strategy is proposed as a bearish trade that benefits from a drop in implied volatility.
Full articleSummary: Ingalls & Snyder LLC decreased its stake in Union Pacific Co. by 3.7% in the 4th quarter. Several other hedge funds also modified their holdings of the stock. Union Pacific Trading Up 0.3 %.
Full articleSummary: Coca-Cola may shift towards using more plastic bottles instead of aluminum cans due to President Trump's 25% tariff on aluminum imports, CEO James Quincey mentioned during an earnings call.
Full articleSummary: JPMorgan Chase fires about 1000 staff despite reporting record profits and plans further reductions. CEO dismisses petitions for work-from-home, demands more efficiency, and stresses in-office presence. Employees question the need to spend more time in the office as profits surged.
Full articleSummary: Norwegian Cruise Line Holdings Ltd strengthens partnership with PayPal, offering it as a payment option for faster checkout on all three NCLH brands.
Full articleSummary: JP Morgan Chase has begun notifying employees of job cuts as part of its downsizing efforts, affecting less than 1,000 employees in February with additional layoffs planned throughout the year. The banking sector, despite the cuts, has shown significant improvement, with JPMorgan reporting its highest-ever annual profit in 2024. Meta, in the tech sector, is also preparing for company-wide layoffs while increasing hiring of machine learning engineers.
Full articleSummary: State Department procurement document was edited to remove the name 'Tesla' amidst spotlight on forecasted $400 million contract for armored electric vehicles. Elon Musk claimed to be unaware of the contract.
Full articleSummary: Michael Ryskin from Bank of America Securities reiterated a Buy rating on Danaher (DHR – Research Report) with a price target of $265.00 citing growth potential and resilience despite recent challenges.
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