Summary: Coca-Cola Creations has launched two new K-Pop inspired flavors - Coca-Cola K-Wave Zero Sugar and Frozen Coca-Cola K-Wave in Australia, with music-focused experiences featuring K-Pop stars like Stray Kids, ITZY, and NMIXX.
Full articleSummary: Home Depot store in a New York City suburb hired guards equipped with bulletproof vests and a German Shepherd to protect shoppers from aggressive migrants and thieves. Migrants have been loitering and causing disruptions in retail areas and youth sports fields in NYC.
Full articleSummary: Apple is reportedly struggling to sell its Vision Pro virtual reality headset due to lack of interest and discomfort, with sales dwindling and users returning the device. The VR industry is facing stagnation, questioning the future of VR headsets.
Full articleSummary: Valero Energy Corp. and Chevron Corp. are buying oil shipped through Canada’s newly expanded Trans Mountain Pipeline system for their California refineries, indicating that U.S. West Coast may become a significant market for oil-sands crude.
Full articleSummary: Igloo Iceless Cooler ICF 80DZ 83-quart has gone viral but viewers are upset about its high price of $699.99 at Costco.
Full articleSummary: Tigress Financial Partners analyst raised Caterpillar Inc's price target to $282, reiterated a Buy rating on the stock, and mentioned strong demand for capital equipment and a new $15 billion share repurchase plan.
Full articleSummary: The New York Stock Exchange is considering moving towards 24-hour trading, following the footsteps of cryptocurrency markets. A survey was conducted by NYSE to gauge market participants' support for all-day trading and potential systems needed to safeguard against overnight price fluctuations. This initiative comes amidst the emergence of platforms like Robinhood and Interactive Brokers offering 24-hour weekday trading, although recent halts by Robinhood have raised concerns about the sustainability of around-the-clock trading.
Full articleSummary: Auxilio Mutuo Hospital in Puerto Rico has selected Oracle Health's EHR and RevElate Patient Accounting to improve patient care and streamline billing processes. The new system aims to enhance coordination among care teams, communication with patients, and increase revenue.
Full articleSummary: PayPal Holdings Inc. is undergoing a turnaround process to resume growth, generated $5 billion in operating income in 2023, spent over $12 billion in share buybacks, trades at a significant discount to its historical PE ratio, still has the potential to increase profitability through existing loyal user base and potential new growth strategies.
Full articleSummary: Analysts from RBC Capital and KeyBanc maintained Buy ratings on Alphabet Class A (GOOGL) with price targets of $155.00 and $175.00 respectively. The current analyst consensus is a Strong Buy with an average price target of $168.62.
Full articleSummary: PepsiCo is set to report its first-quarter earnings, with analysts expecting revenue of $18.08 billion and EPS of $1.52. Analysts are cautious due to a potential slowdown in salty snacks sales that could impact results.
Full articleSummary: Boeing is set to deliver Q1 earnings amidst an air safety scandal that has affected its stock performance. The company has been facing major criticism over safety concerns leading to federal investigations and a drop of 32.5% in its stock price since January. Analysts are cautious about the upcoming earnings call, with a consensus EPS forecast of $-1.43.
Full articleSummary: Comcast expands its 'Now' branding into two prepaid services: Now Internet and Now Mobile, offering reliable internet and unlimited 5G data at competitive prices. The new plans are positioned as an option for low-income families enrolled in the Affordable Connectivity Program.
Full articleSummary: abrdn plc increased its position in PayPal Holdings, Inc. by 19.8% during the fourth quarter, while other hedge funds also added to their stakes in the company. Insider activity includes a significant sale by SVP Frank Keller. Analysts have set various price targets for PayPal with mixed ratings.
Full articleSummary: Salesforce.com (CRM) stock price reached $273.81 with a +1.27% movement compared to the previous day. The upcoming EPS is projected to increase by 40.83% and revenue by 10.82% compared to the previous year. The Zacks Rank system rates CRM as a #3 (Hold), and the stock is being traded at a Forward P/E ratio of 27.83.
Full articleSummary: Amgen (AMGN) stock closed with a +0.95% change, outperforming SP500 and Nasdaq. Analysts are watching Amgen's upcoming earnings on May 2, 2024. The Zacks Rank for Amgen is currently #3 (Hold) and the stock is valued at a Forward P/E ratio of 13.82, indicating a discount compared to the industry average.
Full articleSummary: Medtronic (MDT) stock closed at $80.57 with a +1.37% increase, outperforming the S&P 500. Analysts are closely watching the upcoming earnings report, expecting a decrease in EPS but a slight increase in revenue compared to the previous year. Medtronic currently holds a Zacks Rank of #3 (Hold), trading at a discount to its industry based on Forward P/E ratio.
Full articleSummary: Pfizer (PFE) closed higher in the latest trading session, outperforming S&P 500 and reporting upcoming earnings with forecasted decrease in EPS and revenue. Analysts' estimate changes indicate positivity, while the stock holds a Zacks Rank of #3 (Hold) and trades at a discount based on Forward P/E ratio.
Full articleSummary: Amgen (AMGN) closed with a +0.95% change, outperforming the S&P 500, Dow, and Nasdaq. The upcoming earnings report on May 2, 2024, is expected to show a decrease in EPS but an increase in revenue. Amgen currently holds a Zacks Rank of #3 (Hold) and is considered undervalued compared to its industry average. The Medical - Biomedical and Genetics industry ranks in the top 35% of all industries.
Full articleSummary: Chevron (CVX) stock showed positive performance with a +1.2% swing from the previous day's closing price and a 3.45% increase over the last month. Analysts anticipate a 20% fall in EPS for the upcoming earnings disclosure on April 26, 2024. Chevron currently holds a Zacks Rank of #3 (Hold).
Full articleSummary: Home Depot is using security guards with trained dogs to patrol their parking lots, especially in response to issues with day laborers at some locations. The company stated that it is not unusual for them to use third-party security at stores.
Full articleSummary: Wall Street rebounded as major market averages closed higher after last week's selloff, with investor focus turning to earnings data. Nasdaq up by 1.1%, S&P 500 by 0.8%, and Dow up by 0.6%. Top S&P performers: Info Tech and Financials; worst performers: Materials and Health Care.
Full articleSummary: Fluor (FLR) had its target price raised by Citigroup analysts from $45.00 to $47.00 with a 'neutral' rating. The new price target indicates a potential upside of 19.02% from the previous close.
Full articleSummary: Booking Holdings (BKNG) stock ended the latest trading session at $3,440.94, marking a +0.76% adjustment. The company is expected to report strong earnings with an EPS of $14.02, a 20.86% increase from the prior-year quarter. Recent estimate revisions indicate positive business outlook, supported by a Zacks Rank of #3 (Hold). Additionally, BKNG has a lower Forward P/E ratio and a PEG ratio of 1.04 compared to industry averages. The Internet - Commerce industry, to which the company belongs, has a Zacks Industry Rank of 45, within the top 18% of all industries.
Full articleSummary: Costco offers discounted gift cards that can help you save money on a variety of purchases beyond what it sells in its warehouse clubs or on its website. Regularly checking out Costco's gift card options could lead to significant savings on both necessities and splurges.
Full articleSummary: Costco Wholesale is set to open a store in The Villages, Florida, sparking joy and excitement among local residents.
Full articleSummary: Intel has become the first commercial customer of ASML's high Numerical Aperture (high NA) EUV tool, TWINSCAN EXE:5000, which enhances resolution and scalability of processors by creating smaller and denser transistors. Intel installed the tool at its Hillsboro, Oregon R&D site in April 2024, and plans to use it for the Intel 18A process node to maintain a competitive edge in the semiconductor industry.
Full article