Do you want to buy Apple shares before the iPhone 15 is released? Seti says history will repeat itself.

Citi says Apple shares are a buy-in before the iPhone 15 is released. Let history be a guide.

font size The new iPhone 15 series is expected to be launched in September. AFP via Getty Images apple Stocks usually do well before a new iPhone is released and this year will be no different, according to a bull. Atif Malik, an analyst at Citi, maintained a Buy rating on the stock in a … Read more

J&J holders will receive 8 Kenvue shares for every J&J share in the exchange offer

J&J holders will receive 8 Kenvue shares for every J&J share in the exchange offer

font size J&J took consumer health company Kenvue public in May. Mark Ralston/AFP via Getty Images Johnson & Johnson Just over eight shares will be issued Kinfu Each of its shares in what is likely to be a stock offering is oversubscribed totaling about $40 billion. The pricing period for the exchange offer runs from … Read more

Citi says Apple shares are a buy-in before the iPhone 15 is released. Let history be a guide.

Citi says Apple shares are a buy-in before the iPhone 15 is released. Let history be a guide.

font size The new iPhone 15 series is expected to be launched in September. AFP via Getty Images apple Stocks usually do well before a new iPhone is released and this year will be no different, according to a bull. Atif Malik, an analyst at Citi, maintained a Buy rating on the stock in a … Read more

Bitcoin drops below $29,000 on interest rate concerns. How far can you fall?

Bitcoin drops below $29,000 on interest rate concerns.  How far can you fall?

font size Bitcoin, after weeks of inaction, is finally moving. Router Vicer / Dreamtime bitcoin Cryptocurrencies and other cryptocurrencies were falling on Thursday, finally making significant moves after weeks of inaction as traders sold the digital asset on expectations that interest rates will remain higher for longer than previously thought. Bitcoin price fell by 2% … Read more

PayPal stock can’t catch up. A large investor cuts his stake.

PayPal stock can't catch up.  A large investor cuts his stake.

font size The problem with PayPal is that consumers are returning to pandemic spending patterns with fewer online orders. Courtesy PayPal The applause for PayPaa’s new boss didn’t last long. The payment giant’s stock got a small bump when it announced this gut instinct CEO Alex Kress will take over as CEO next month. PayPal … Read more

Synopsys’ highest earnings estimates. Founder of Aart De Geus Stepping Down as CEO.

Synopsys' highest earnings estimates.  Founder of Aart De Geus Stepping Down as CEO.

font size Synopsys shares are up 34% this year. David Paul Morris/Bloomberg Synopsys Shares gained in late trading on Wednesday, after the chip design software provider reported better-than-expected results for the quarter and provided upbeat guidance. As announced by the company Founder and CEO Art De Geos will step down from his current position and … Read more

Cisco shares rebound on demand

Cisco shares rebound on demand

font size Cisco CEO Chuck Robbins. Pau Parina/AFP/Getty Images Cisco Shares rose in late trading on Wednesday, after the networking giant showed signs of improvement in orders for its products. Cisco’s forecasts for the 2024 fiscal year were lower than Wall Street’s estimates, but the results of the company’s fourth fiscal quarter, which ended in … Read more

Palo Alto Networks earnings announcement and analyst call late Friday. This is unusual.

Palo Alto Networks earnings announcement and analyst call late Friday.  This is unusual.

font size A Palo Alto Networks spokesperson said the company wanted to make sure analysts had time to adjust the news it planned to release and possibly follow up with management. David Paul Morris/Bloomberg This better be good. Security software company Palo Alto Networks He took the unusual step of scheduling the July quarter earnings … Read more

TJX stock is rising on the earnings beat and increased guidance

TJX stock is rising on the earnings beat and increased guidance

font size Parent company TJ Maxx has raised its guidance for the fiscal year. Chip Somodevilla / Getty Images Cos TJX. It posted better-than-expected earnings and sales results and raised fiscal year guidance, sending the stock higher in pre-market trading Wednesday. Non-price retail sales in the second quarter were $12.8 billion, beating expectations of $12.5 … Read more

JD.com earnings beat. But stocks can’t shake the gloom in China.

JD.com earnings beat.  But stocks can't shake the gloom in China.

font size JD.com reported strong results for the second quarter, but the overall picture is weighing on investors. Kevin Fryer/Getty Images JD.com It smashed earnings expectations, but the e-commerce giant’s stock was falling on Wednesday, in a reflection of gloom in Chinese markets amid fears of a slowdown in the world’s second-largest economy. JD.com (Stock … Read more