Shares of International Business Machines Corp. rose on Tuesday after the company beat expectations for the June quarter, but analysts did not give the company too much credit for clearing a low level. Mused Moffett, Nathanson analyst, Lisa Ellis: “We are still working to achieve the correct semantics: when companies …
Read More »
Dan Ives at Wedbush expects Tesla Inc. TSLA, -0.15% to report a profit when it reports second quarter earnings on Wednesday, which ultimately results in the company joining the S&P 500 SPX index, + 0.32%. The inclusion of the S&P 500 “is already considered a fait accompli among the bulls,” …
Read More »
Text size Wells Fargo plans to disclose its pay level when it reports second-quarter results in July. fake pictures With the Federal Reserve stress tests in the rearview mirror, Wall Street has a little more guidance on the path of bank dividends later this year. But the uncertainty remains. The …
Read More »
Following a report by Uber Technologies Inc. UBER, + 4.89% is considering acquiring food delivery company Postmates for around $ 2.6 billion, Evercore ISI analyst Benjamin Black had a mixed view of the possible deal. “If the deal were approved by regulators, we believe the street would see it as …
Read More »
Bernstein analyst Todd Juenger said Alphabet from Alphabet Inc., + 1.49% GOOG, + 1.33% The decision to raise its YouTube TV price to $ 65 a month from $ 50 a month highlights the underrated pricing power that Netflix Inc. NFLX, the other streaming medium, + 1.74% have. “The biggest …
Read More »