Shares of Mohawk Industries Inc. MHK, + 8.69% It fell more than 8% in the extended session on Monday after the maker of carpets and other floor covering products said it is being sued for violations of federal securities law and is under investigation by the SEC for those alleged …
Read More »Tesla earnings on tap next week: Will a loss end his comeback?
Tesla Inc.’s second-quarter results come amid yet another massive stock recovery, which is now more expensive than shares in Google’s parent company Alphabet Inc. and other consistently profitable heavyweights. The Silicon Valley automaker is expected to report quarterly numbers next Wednesday after the bell. An analyst call will follow at …
Read More »Apple’s earnings after Wedbush say the company could be worth $ 2 trillion next year
Shares of Apple Inc. AAPL, + 3.13% They rose 1.1% in premarket trading on Monday after Wedbush analyst Daniel Ives raised his price target on the stock to $ 450 from $ 425. His new target is the highest among those tracked by FactSet. Ives wrote that Apple may be …
Read More »Disney Shares Earn a Buy Rating in Goldman for Underestimated Transmission Potential
Walt Disney Co. DIS, + 0.26% It could rack up more than 150 million Disney + streaming subscribers by 2025, wrote Goldman Sachs analyst Brett Feldman, who began hedging the media giant’s shares with a buy rating and a $ 137 price target on Monday. The company had 54.5 million …
Read More »Dow futures rise more than 200 points as investors prepare for the start of the earnings season
Stock index futures were aiming for a higher start on Monday as investors prepare for a tough earnings season and applaud the news that the Food and Drug Administration granted “fast track” status to a couple of candidates for vaccines produced by Pfizer Inc. and the German biotech firm BoNTech …
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