FMP
Jan 21, 2025 11:01 AM - Davit Kirakosyan
D.R. Horton Inc. (NYSE:DHI) released better-than-expected results for its fiscal first quarter of 2025. The home construction giant delivered solid performance despite a slight decline in revenue and net sales orders, showcasing resilience amid evolving market conditions. The company reported earnin...
Jan 21, 2025 10:56 AM - Davit Kirakosyan
KeyCorp (NYSE:KEY) posted mixed results for the fourth quarter, with a strong earnings beat offset by a revenue shortfall. Following the announcement, shares dropped more than 3% intra-day today as investors weighed the bank’s performance. The Cleveland-based financial institution reported adjusted ...
Jan 21, 2025 10:49 AM - Davit Kirakosyan
Ameren (NYSE:AEE) shares rose more than 1% intra-day today after Evercore ISI analysts upgraded the company from In Line to Outperform, raising the price target to $104 from $89, citing the company’s promising growth prospects and operational strength. Ameren is positioned to achieve the higher end ...
Jan 21, 2025 10:43 AM - Davit Kirakosyan
Loop Capital analysts downgraded Apple (NASDAQ:AAPL) from Buy to Hold, lowering the price target to $230 from $275 on the stock. The decision comes in light of updated supply chain analysis suggesting a significant reduction in iPhone demand starting in the March quarter, with more pronounced declin...
Jan 21, 2025 10:38 AM - Davit Kirakosyan
General Motors (NYSE:GM) shares rose more than 1% pre-market today after Deutsche Bank analysts upgraded the company from Hold to Buy, raising the price target to $60 from $56. The decision reflects optimism surrounding GM’s recent strategic initiatives, consistent operational performance, and a rob...
Jan 21, 2025 10:36 AM - Davit Kirakosyan
NRG Energy (NYSE:NRG) shares rose more than 2% pre-market today after Evercore ISI analysts upgraded the company from In Line to Outperform, raising the price target to $126 from $74. The upgrade reflects confidence in NRG’s strong growth prospects and attractive valuation, particularly as market dy...
Jan 21, 2025 5:00 AM - Tony Dante
Alcoa Corporation (NYSE: AA) is a leading player in the aluminum industry, known for its production of aluminum, alumina, and bauxite. The company is set to release its quarterly earnings on January 22, 2025, with Wall Street analysts estimating an earnings per share (EPS) of $0.91 and projected rev...
Jan 21, 2025 4:00 AM - Andrew Wynn
Cathay General Bancorp, listed as NASDAQ:CATY, is a financial institution that provides a range of banking services. It operates primarily in the United States, focusing on commercial banking, personal banking, and wealth management. As it prepares to release its quarterly earnings, analysts and inv...
Jan 21, 2025 3:00 AM - Rayan Ahmad
Teledyne Technologies Incorporated (NYSE:TDY) is a prominent player in the technology and engineering sector, known for its diverse range of products and services. The company operates in various segments, including aerospace and defense electronics, digital imaging, and engineered systems. As TDY p...
Jan 21, 2025 2:36 AM - Parth Sanghvi
Market Sentiment Shifts as President Trump Reassesses Trade Actions On his first day in office, President Donald Trump refrained from imposing the anticipated tariffs on Canada and Mexico, opting instead for a measured approach. While he signaled the possibility of 25% tariffs on imports from the...
Jan 21, 2025 2:35 AM - Parth Sanghvi
Zomato Ltd (NSE: ZOMT) shares experienced a sharp decline on Tuesday following a disappointing earnings report for the December quarter, which highlighted intensified competition in the quick commerce sector led by its Blinkit unit. Key Highlights Market Reaction: Zomato’s shares plummeted ...
Jan 21, 2025 2:35 AM - Parth Sanghvi
President Donald Trump signed an executive order on Monday, his first day in office, delaying a Congress-approved ban on TikTok by 75 days. The decision grants the social media giant additional time to secure a U.S. buyer, avoiding immediate shutdowns and legal action. Key Highlights Executive...
Jan 21, 2025 2:32 AM - Parth Sanghvi
Chinese stocks and the yuan saw modest gains on Tuesday following U.S. President Donald Trump’s inauguration. The absence of immediate tariff announcements, contrary to earlier threats, provided temporary relief for investors, although uncertainties over future U.S.-China relations linger. Key Ma...
Jan 21, 2025 2:28 AM - Parth Sanghvi
President Donald Trump has announced the possibility of imposing 25% tariffs on imports from Canada and Mexico starting February 1. The news has sent ripples through global markets, with Asian automakers and battery companies experiencing significant declines. This proposed tariff hike could have fa...
Jan 21, 2025 2:26 AM - Parth Sanghvi
Former U.S. President Donald Trump announced a sweeping energy policy on Monday aimed at maximizing domestic oil and gas production while rolling back environmental protections. The strategy marks a sharp departure from his predecessor Joe Biden’s focus on clean energy and climate change mitigation....
Jan 21, 2025 2:26 AM - Parth Sanghvi
Nancy Pelosi, representing California's 11th congressional district, has made notable moves in the stock market, as reported in a congressional trade disclosure. Her recent investments and sales involve high-profile tech companies, suggesting a strategic focus on sectors with robust growth prospects...
Jan 21, 2025 2:25 AM - Parth Sanghvi
Despite renewed U.S.-China trade tensions under President Donald Trump's administration, Chinese equity markets remain optimistic, with Goldman Sachs forecasting a 20% growth in Chinese stocks over the next 12 months. Here's a breakdown of the outlook and key factors driving this sentiment. U.S.-...
Jan 21, 2025 2:24 AM - Parth Sanghvi
Markets across the globe opened to significant volatility on Tuesday, reflecting investor apprehension over President Donald Trump’s return to the White House. Early optimism quickly faded as headlines regarding potential trade tariffs sent shockwaves through currencies, equities, and futures market...
Jan 21, 2025 2:24 AM - Parth Sanghvi
As U.S. President Donald Trump signals sweeping import tariffs, the European Union (EU) faces strategic decisions to mitigate the economic fallout. Trump’s proposals include: 60% tariffs on Chinese goods 25% surcharges on Canadian and Mexican imports 10% duties on global imports Goldman Sach...
Jan 21, 2025 2:23 AM - Parth Sanghvi
Former House Speaker Nancy Pelosi has made significant trades in major technology stocks, including Apple, Nvidia, Amazon, and Alphabet, according to a recent Periodic Transaction Report filed on Monday. The report covers transactions made between mid-December 2024 and mid-January 2025. Key Trade...