Tag Archives: Stock

Target stock jumps 12%, CEO says retailer will get back to growth mode

Target stock jumps 12%, CEO says retailer will get back to growth mode

Target (TGT) is aiming to hit more bull’s-eyes in 2024 after a series of challenges last year. “We’ll be talking about our roadmap for growth, getting Target back to being a growth company, from a comparable sales standpoint, from a traffic standpoint, and from a [market] share standpoint,” Target chairman and CEO Brian Cornell told Yahoo Finance ahead of a closely watched investor day in New York City on Tuesday. Cornell says Target will spend 2024 opening new stores, remodeling existing… Source link

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Report: Bronny James to decide on 2024 NBA Draft based on team interest, not draft stock

Report: Bronny James to decide on 2024 NBA Draft based on team interest, not draft stock

If Bronny James does in fact enter the NBA Draft later this year, his decision won’t be based on his specific draft position. Klutch Sports CEO Rich Paul told ESPN’s Adrian Wojnarowski on Saturday night that Bronny, who is the eldest son of Los Angeles Lakers star LeBron James, is going to weigh his entry into the draft based on specific team interest rather than his draft position. “I don’t value a young player getting into the lottery as much as I do getting him on the right team in… Source link

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Cava has more white space ahead after its stock sailed past all time high: CEO

Cava has more white space ahead after its stock sailed past all time high: CEO

Investors are eating up Cava (CAVA). On Tuesday, shares of the Mediterranean fast casual chain hit a new record of $59.91. Shares are up more than 40% year-to-date, jumping as much as 19% in the last five days after posting a beat on its top and bottom lines for its Q4 results. For comparison, the S&P 500 (^GSPC) is up more than 7% year to date, whereas fast casual powerhouse Chipotle (CMG) is up nearly 20%. For the fourth quarter, Cava’s revenue came in at $177.17 million, versus the $174.09… Source link

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Should You Buy SoundHound AI Stock Before Thursday’s Big Announcement? Nvidia Has.

Should You Buy SoundHound AI Stock Before Thursday’s Big Announcement? Nvidia Has.

What’s the hottest artificial intelligence (AI) stock on the market right now? You might think it’s Nvidia (NASDAQ: NVDA). After all, the giant chipmaker recently reported blowout fourth-quarter results and predicted the strong growth will continue. But there’s at least one other AI stock that is outperforming Nvidia so far in 2024: SoundHound AI (NASDAQ: SOUN). Shares of the conversational AI leader are up more than 80% so far this year. The company is scheduled to report its Q4 results… Source link

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