Category: Markets

Gap Inc. (NYSE:GAP) shares soared by 14.02% on Friday during pre-market hours, according to Benzinga Pro, following the release of its third-quarter earnings report after Thursday’s market close. The retailer exceeded Wall Street expectations, leading to a positive revision in its annual sales outlook. The company reported earnings of 72 cents per share, surpassing the analyst consensus of 57…

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page. Macquarie boosted the price target for Trip.com Group Limited (NASDAQ:TCOM) from $75.4 to $80.8. Macquarie analyst Ellie Jiang maintained an Outperform rating. Trip.com shares closed…

Tesla Inc (NASDAQ:TSLA) is trading over 5% on Robinhood’s overnight trading service after a report on Sunday, suggested that the upcoming regulatory framework might ease mandates for self-driving vehicles. What Happened: The transition team of President-elect Donald Trump has told advisors that it aims to make a framework for fully self-driving vehicles a priority for…

Apple Inc. (NASDAQ:AAPL) shares closed higher on Thursday despite an overall decline in the stock market. Consumer group Which? has filed a £3 billion ($3.81 billion) legal claim against Apple, accusing the tech giant of breaching UK competition law through its iCloud service. Warren Buffett’s Berkshire Hathaway Inc. (NYSE:BRK) reduced stake in Apple from 400…

During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout. Benzinga readers can review the latest analyst takes on their favorite stocks by visiting Analyst Stock Ratings page. Traders can sort through…

U.S. stocks were higher, with the Dow Jones index gaining more than 400 points on Monday. Shares of MARA Holdings, Inc. (NASDAQ:MARA) rose sharply during Monday’s session amid strength in Bitcoin. Prices for Bitcoin surged above the $82,000 level on Monday. MARA Holdings shares jumped 17.3% to $22.59 on Monday. Here are some other big…

As of Nov. 8, 2024, three stocks in the financials sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions. The RSI is a momentum indicator, which compares a stock’s strength on days when prices go up to its strength on days when prices go…

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page. Needham cut Apellis Pharmaceuticals, Inc. (NASDAQ:APLS) price target from $85 to $60. Needham analyst Joseph Stringer maintained a Buy rating. Apellis Pharmaceuticals shares closed at…

Cryptocurrency analytics firm 10x Research projected Bitcoin (CRYPTO: BTC) to reach the $100,000 price milestone early next year What happened: In its latest video, the firm explained the rationale behind the bullish prediction. The leading cryptocurrency came within touching distance of vanquishing its all-time high of $73,737 last week, hitting a new six-week high in…

Yum China Holdings, Inc. (NYSE:YUMC) — the parent company of KFC, Pizza Hut, and Taco Bell — will release earnings results for its third quarter, before the opening bell on Monday, Nov. 4. Analysts expect the China-based company to report quarterly earnings at 67 cents per share, up from 59 cents per share in the…