Tag Archives: target

Yandex Target of Unusually Large Options Trading (NASDAQ:YNDX)

Yandex Target of Unusually Large Options Trading (NASDAQ:YNDX)

Yandex (NASDAQ:YNDX – Get Free Report) saw some unusual options trading on Wednesday. Traders bought 1,814 put options on the stock. This represents an increase of approximately 1,437% compared to the typical volume of 118 put options. Institutional Trading of Yandex Institutional investors have recently modified their holdings of the company. Sei Investments Co. boosted its holdings in Yandex by 61.3% in the 1st quarter. Sei Investments Co. now owns… Source link

Read More »

OpenAI’s success has put a huge target on its back

OpenAI’s success has put a huge target on its back

OpenAI is the world’s hottest startup. It not only set the stage for the generative AI explosion thanks to the launch of its ChatGPT in November 2022, but it’s also powering Microsoft’s (MSFT) push into the space via a multiyear, multibillion-dollar investment that gives the tech giant a roughly 49% stake in the company’s for-profit subsidiary. The company is now valued as high as $86 billion, according to Bloomberg. And with its latest product, the generative AI video platform Sora,… Source link

Read More »

Morgan Stanley cuts Tesla’s price target, warns this could be the year Tesla loses money

Morgan Stanley cuts Tesla’s price target, warns this could be the year Tesla loses money

Morgan Stanley’s Adam Jonas is the latest analyst to raise some concerns with Tesla (TSLA). In a note to clients, Jonas wondered, “Could Tesla lose money (sometime) this year?” In cutting his price target to $320 from $345 (still one of the more bullish targets on the Street), Jonas noted concerns such as continued lag in EV demand despite price cuts, fleet operators like Hertz dumping EVs, and “strong hybrid momentum” peeling away potential EV buyers who are on the fence. Jonas said… Source link

Read More »

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

Read More »