Already under siege from Wall Street analysts amid slowing growth, Salesforce execs have returned from schmoozing clients in the Swiss Alps at The World Economic Forum only to be greeted by one of the most feared activist investors in the game. Elliott Management has taken a multi-billion dollar position in Salesforce, a source familiar with the matter confirmed to Yahoo Finance, adding that the investment management behemoth may push for a board seat. “Salesforce is one of the preeminent… Source link
Read More »What investors need to hear from Tesla this week: Morning Brief
This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Monday, January 23, 2023 Today’s newsletter is by Brian Sozzi, an editor-at-large and anchor at Yahoo Finance. Follow Sozzi on Twitter @BrianSozzi and on LinkedIn. Read this and more market news on the go with the Yahoo Finance App. Last week in Davos, Elon Musk didn’t come up in one chat — on or off the record — among any of the 75+ business… Source link
Read More »Investors ‘should be proactively buying’ at this point, Piper Sandler says
Tesla (TSLA) stock’s recent decline has reached attractive levels, and it’s time for investors to start positioning for an upswing, Piper Sandler argued in a new note. “Tesla took longer than expected to cut prices, but now that pricing adjustments have been made and now that the valuation has reset, we think investors should be proactively buying TSLA,” research analyst Alexander E. Potter wrote in a note to clients on Wednesday. Tesla shares have fallen more than 40% over the last… Source link
Read More »Investors eye ad tier update, subscriber uptick
Netflix (NFLX) is set to report fourth quarter financial results after the bell on Thursday as investors seek greater clarity surrounding the streaming giant’s profitability efforts, including its crackdown on password sharing and its recently debuted ad-supported tier. The Street will also continue to keep a close eye on subscriber numbers, which fell in each of the first quarters of the year, but are expected to grow again in Q4 after rebounding in the third quarter. Here are Wall Street’s… Source link
Read More »Are tech titans really hearing their investors?
This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Tuesday, January 17, 2023 Today’s newsletter is by Brian Sozzi, an editor-at-large and anchor at Yahoo Finance. Follow Sozzi on Twitter @BrianSozzi and on LinkedIn. Read this and more market news on the go with Yahoo Finance App. Half a world away, big tech is in a world of its own. Yours truly and our very own Julie Hyman are on the ground again… Source link
Read More »Big banks set aside $4 billion for a recession. Investors are more optimistic: Morning Brief
This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox by signing up here. Saturday, January 14, 2022 Today’s newsletter is by Myles Udland, Head of News at Yahoo Finance. Follow him on Twitter @MylesUdland and on LinkedIn. Read this and more market news on the go with Yahoo Finance App. Big banks including JPMorgan, Wells Fargo, Citigroup, and Bank of America all reported quarterly results on Friday. These firms collectively sent a clear message to… Source link
Read More »Inflation is going to surprise investors again in 2023
A version of this article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Thursday, January 12, 2023 Today’s newsletter is by Myles Udland, Head of News at Yahoo Finance. Follow him on Twitter @MylesUdland and on LinkedIn. Read this and more market news on the go with Yahoo Finance App. The final consumer price index of 2022 is due out Thursday morning, and is expected to show prices rose 6.5% over the… Source link
Read More »Investors ‘have to be more realistic’ ahead of downbeat earnings
A version of this article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Tuesday, January 10, 2022 Today’s newsletter is by Julie Hyman, anchor and correspondent at Yahoo Finance. Follow Julie on Twitter @juleshyman. Read this and more market news on the go with the Yahoo Finance App. Fourth-quarter earnings season begins in earnest this Friday with big banks reporting results, and investors are bracing… Source link
Read More »Why investors should stop fixating on Apple and Tesla in 2023
This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Thursday, January 5, 2023 Today’s newsletter is by Jared Blikre, a reporter focused on the markets on Yahoo Finance. Follow him on Twitter @SPYJared. Read this and more market news on the go with Yahoo Finance App. Two trading days into the new year, and 2023 is already off to a rocky start for Apple (AAPL) and Tesla (TSLA), arguably the two most… Source link
Read More »Stocks wobble as investors mull economic releases
U.S. stocks lost their footing Wednesday after economic data showed higher-than-expected job openings and a contraction in manufacturing activity. Investors also await minutes from the central bank’s December policy meeting for clues on its next rate decision. The S&P 500 (^GSPC) and Dow Jones Industrial Average (^DJI) hovered around the flatline as of 10:35 a.m. ET, while the technology-heavy Nasdaq Composite (^IXIC) dropped 0.3%. The latest Job Openings and Labor Turnover Survey, or JOLTS, Source link
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