Tag Archives: Call

Here’s Goldman’s ‘most important takeaway’ from Musk’s earnings call

Here’s Goldman’s ‘most important takeaway’ from Musk’s earnings call

Goldman Sachs sees one heck of an electrified move in Tesla stock (TSLA) over the next twelve months. Analyst Mark Delaney, who maintained a Buy rating and $200 price target on the stock, reiterated his case in a note following Tesla’s earnings on Wednesday. The price target assumes about a 25% upside from the stock’s current levels. “Given the focus of investors on Tesla’s delivery volumes in particular (and the importance of volume for its vertically integrated model and the cost benefits… Source link

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One clear theme dominated Microsoft’s earnings call

One clear theme dominated Microsoft’s earnings call

Microsoft got a few high fives from Wall Street on Tuesday night as its quarterly Azure sales bested analyst estimates amid an overall earnings beat. Microsoft’s stock initially popped 4% in after-hours trading. Then came the earnings call, where a clear theme emerged: caution. While Microsoft execs struck an upbeat tone on the long-term impact of its partnership with OpenAI maker ChatGPT, the earnings call was noticeably downbeat from an economic standpoint — and by extension, a demand… Source link

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Arkansas’s secretary of state posts prank call of 2 Chinese restaurants to his Facebook

Arkansas’s secretary of state posts prank call of 2 Chinese restaurants to his Facebook

Arkansas Secretary of State John Thurston shared a video of a prank call involving two Chinese restaurants on his personal Facebook page last week. In a now-deleted post, the Republican official shared a video of a man calling two Chinese restaurants on separate phones to have the two workers speak to each other, reported the Arkansas Times. In the video, the man can be seen holding and facing the cell phones together so both of the restaurant workers think one is calling the other to place an… Source link

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Republican-led states call for Apple, Google to increase age rating for TikTok

Republican-led states call for Apple, Google to increase age rating for TikTok

Fifteen Republican state attorneys general sent letters to the CEOs of Apple and Google on Wednesday demanding they increase their age ratings for the TikTok app. State governments have increasingly taken aim at the video-hosting platform for its ties to Beijing and the mature content on it. The letters argue that the app’s “Teen” rating in the Google Play Store and “12+” rating in the Apple App Store are deceptively low. “We’ve known for a long time how TikTok… Source link

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Investors Call Time on FAANG Stock Dominance After Nasdaq’s Rout

Investors Call Time on FAANG Stock Dominance After Nasdaq’s Rout

(Bloomberg) — For some investors, this year’s rout in high-flying technology stocks is more than a bear market: It’s the end of an era for a handful of giant companies such as Facebook parent Meta Platforms Inc. and Amazon.com Inc. Most Read from Bloomberg Those companies — known along with Apple Inc., Netflix Inc. and Google parent Alphabet Inc. as the FAANGs — led the move to a digital world and helped power a 13-year bull run. But history shows that market leaders of one era almost… Source link

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‘I can’t call’ a peak yet

‘I can’t call’ a peak yet

Wall Street may be cheering on the recent downtick in the rate of inflation by way of the Consumer Price Index (CPI), but Walmart (WMT) isn’t ready to declare an end to sky-high prices just yet. “I can’t call that,” Walmart CFO John David Rainey said on Yahoo Finance Live (video above) when asked if inflation had peaked. “Food inflation, in particular, has been pretty persistent. We see it in mid-teens growth [in grocery sales]. In general merchandise, we have seen more progress, but I can’t… Source link

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