Summary: Serve Robotics partners with Uber Eats to use autonomous robots for food delivery, with CEO Ali Kashani highlighting the safety and cost advantages compared to traditional vehicles.
Full articleSummary: Analyst Steve Enders of Citi maintained a Buy rating on Intuit (INTU – Research Report) with a price target of $744.00, citing positive outlook based on IRS data showing an increase in e-filings, late filings trend, and potential revenue upside.
Full articleSummary: Palantir Technologies is showing improvements in its Return on Capital Employed, with a current ROCE of 3.2%. The company is reinvesting more capital which is generating higher returns. This positive trend towards profitability might not be fully recognized by investors yet.
Full articleSummary: Comcast Corporation (NASDAQ:CMCSA) is currently considered undervalued with an intrinsic value of $63.94 per share, while trading at $39.19. The stock shows potential for growth with expected earnings to double in the next years. Shareholders and potential investors may find an opportunity to accumulate or enter the stock at a relatively cheap price, considering the optimistic future outlook.
Full articleSummary: PepsiCo Philippines has partnered with Aling Tindera to collect and recycle plastic waste, resulting in a circular economy and increased income for women entrepreneurs. The initiative aligns with PepsiCo's sustainability goals under the pep+ agenda.
Full articleSummary: Oracle is experiencing strong momentum in its AI and Cloud business, showing high double-digit growth in recent times. The company has a lucrative partnership with Palantir, expanding client synergies and enhancing its AI platforms. Moreover, Oracle's Q3 2024 results reflect robust growth in Cloud revenue and total revenue, positioning the company as a major player in the cloud market. The analysis of Oracle's financials and valuation models suggests a positive outlook for the stock.
Full articleSummary: Charles Schwab Co. reached a new 52-week high with positive analyst price target revisions and dividend announcement.
Full articleSummary: Gilead Sciences, Inc. (NASDAQ:GILD) shares hit a 52-week low, with a lower price target and ratings cut by analysts. The stock also reported lower-than-expected quarterly earnings and announced a dividend. Institutional investors have been actively modifying their holdings in the company.
Full articleSummary: Intuit Inc. shares shot up 2.1% during trading on Friday with analysts forecasting growth and stock trading up 2.5% in recent trades. In other news, the company announced a quarterly dividend and multiple insiders sold shares. Hedge funds continue to show interest in the company.
Full articleSummary: Booking Holdings Inc. director sold shares of the stock in multiple transactions, with the latest on Wednesday, May 1st. Additionally, the company reported strong quarterly earnings results surpassing analysts' estimates and also announced a quarterly dividend. Institutional investors have made changes to their positions in BKNG. Equities research analysts have issued various ratings on Booking stock.
Full articleSummary: FedEx's Return on Equity (ROE) of 17% is higher than industry average of 9.2%, leading to significant net income growth of 24% over the past five years. The company retains 72% of its income for reinvestment, expects future ROE to hold steady at 18% based on analyst estimates.
Full articleSummary: Metis Global Partners LLC increased its position in Philip Morris International Inc. by 20.4% in the 4th quarter, according to its most recent SEC filing. Insider activity includes selling of shares by company personnel. Analyst ratings for PM have varied from 'sell' to 'buy'.
Full articleSummary: Choreo LLC acquired 1,511 shares of Simon Property Group, Inc. during Q4, valued at $216,000. Several other hedge funds also made changes to their positions in SPG. Simon Property Group announced an increase in its dividend and a stock repurchase program. Analysts have given SPG a 'Moderate Buy' rating with an average price target of $140.22.
Full articleSummary: Kestra Private Wealth Services LLC reduced its holdings in American Tower Co. (NYSE:AMT) by 42.3% during the fourth quarter, with other institutional investors also making changes. American Tower's stock performance includes a recent drop in its earnings per share for the quarter, missing analyst estimates.
Full articleSummary: Kestra Private Wealth Services LLC increased its holdings in Schwab US Large-Cap ETF by 9.0% during the 4th quarter, now owning 13,704 shares worth $773,000. Other hedge funds like Charles Schwab Investment Advisory Inc. and Cerity Partners LLC also made changes to their positions in the business.
Full articleSummary: Metis Global Partners LLC increased its holdings in Texas Instruments by 17.2% during Q4, other hedge funds also modified their holdings. Insiders sold a total of 228,529 shares, representing 0.68% ownership in the company. TXN recently traded up 1.8%. Wall Street analysts have mixed reviews on the stock with a consensus price target of $180.74.
Full articleSummary: TCG Advisory Services LLC increased their holdings in American Tower Co. significantly during the 4th quarter per their recent 13F filing with the SEC. Several other hedge funds and institutional investors have also adjusted their positions in AMT. Insiders have recently sold shares of AMT, and Wall Street analysts have mixed ratings on the stock.
Full articleSummary: GUNN & Co INVESTMENT MANAGEMENT INC. purchased a new stake in Colgate-Palmolive in the 4th quarter. Several other hedge funds also made changes to their positions in CL. Analysts have recently provided mixed ratings on CL stock. Colgate-Palmolive reported better-than-expected earnings results for the quarter and announced an increased dividend. Insider transactions have also been reported at Colgate-Palmolive.
Full articleSummary: United Parcel Service Inc exceeded analyst estimates for quarterly profit and revenue, fueled by pandemic-related shipments. UPS is raising prices, containing costs, and focusing on extending and speeding up service. Shares surged up to 17.6%, reaching a record high.
Full articleSummary: International Business Machines Corporation (NYSE:IBM) will be increasing its dividend to $1.67 on 10th of June, resulting in a dividend yield of 4.0%, which is above the industry average. The company's earnings easily cover the distributions and it has a solid track record of dividend payments with consistent growth over the years. However, achieving further dividend growth may be challenging due to stagnant earnings per share over the past five years.
Full articleSummary: Danaher (DHR) closed at $241.27 in the latest trading session, marking a +1.35% move from the prior day. Analysts expect Danaher to post earnings of $2.01 per share, with a year-over-year decline of 27.17%. Investor optimism is reflected in positive estimate revisions.
Full articleSummary: Philip Morris International (PM) is progressing well with its business transformation, focusing on reduced risk products (RRPs) which are contributing significantly to its revenue growth. The company has a Zacks Rank #3 (Hold) with a Growth Style Score of A and VGM Score of B.
Full articleSummary: Britain's financial watchdog has fined U.S.-listed Charles Schwab's UK business 8.96 million pounds for failing to protect client assets, likening it to missteps taken by Lehman Brothers before the 2008 financial crisis.
Full articleSummary: Caterpillar (CAT) stock is highly cyclical with volatile revenue and profit margins, but management is working on reducing cyclicality and increasing long-term margin trends. The stock valuation could be rerated based on its improving margin trend line and end-market outlook.
Full articleSummary: Metis Global Partners LLC reduced its stake in Intuit Inc. by 15.4% in the fourth quarter, other large investors also made modifications. Intuit's stock traded up on NASDAQ, reaching $629.27 during mid-day trading. The company recently announced positive quarterly earnings results, beating analysts' estimates.
Full articleSummary: Multiple insiders at PepsiCo, Inc. (NASDAQ:PEP) have sold a considerable amount of shares in the past year. While insider transactions do not always indicate negative sentiments, multiple insiders selling may raise concerns among shareholders. The fact that there have been no recent insider transactions is not a significant issue, but the lack of insider buying could be a point of consideration for investors.
Full articleSummary: Medtronic plc (NYSE:MDT) stock price rose 0.4% on Friday with the company trading at $81.26. The stock had positive analyst ratings changes and an increase in dividend announcement. Insider buying and institutional trading were also reported.
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