Text size On August 31, Apple shareholders will receive four shares in exchange for each one they own. Roslan Rahman / AFP via Getty Images Apple stock went to new highs Monday, a week out of its 4-for-1 stock split. Morgan Stanley analysts Katy Huberty and Erik Woodring raised their …
Read More »Carnival plans to set sail in Europe early next month
Text size A cruise ship from Carnival. MARK RALSTON / AFP / Getty Images Following the postponement of the launch of German cruises earlier this month, Carnival plans to restore sailings from that country and Italy in early September. The exhibition was a setback for Carnival (ticker: CCL), the largest …
Read More »Nvidia stock: Nvidia wants to expand beyond video games. How far it has to go.
Text size The company’s new Ampere chip design is being adopted by the likes of Amazon, Google and Microsoft for their cloud operations. Justin Sullivan / Getty Images As much as Nvidia wants investors to think of it as a data center company, in some ways that transformation remains incomplete. …
Read More »Tesla file is unstoppable. Here’s what could go on.
Last week, two bearish analysts finally threw in the towel on Tesla, and the stock market has not stopped running. The stock hit another $ 381 this week, up 24%, expanding its 2020 earnings to around 380%. Shares broke the $ 2,000 barrier on Thursday and, of course, rose again …
Read More »Why Target Stock jumped and Walmart slipped even though both had strong earnings
Both Walmart (WMT) and Target (TGT) delivered fantastic second-quarter reports this week, and Barron’s had noted for the reports that Target was likely to receive a major boost from its results. That’s the way it’s been played, with Target stock jumping 12% on Wednesday afternoon, while Walmart reported losses after …
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