- Dollar Tree (NASDAQ: DLTR) reported fourth quarter EPS of $2.66, in line with the analyst estimate of $2.66. Revenue for the quarter came in at $8.65B versus the consensus estimate of $8.66B. Dollar Tree\'s stock price closed at $146.14. It is up 15.85% in the last 3 months and down -0.31% in the last...
- NetEase (NASDAQ: NTES) reported fourth quarter EPS of ¥12.35, ¥0.20 better than the analyst estimate of ¥12.15. Revenue for the quarter came in at ¥28.33B versus the consensus estimate of ¥28.07B. NetEase\'s stock price closed at ¥112.28. It is up 2.65% in the last 3 months and up 31.18% in the last 12 months....
-- The Securities and Exchange Commission (SEC) is investigating whether OpenAI investors were misled in the wake of the AI firm’s recent leadership overhaul, the Wall Street Journal reported on Thursday citing people familiar with the matter. The regulator is specifically looking into internal communications involving CEO Sam Altman, and had also sent a subopena...
-- Australia’s ASX 200 index reversed early losses to hit a record high on Thursday, buoyed chiefly by month-end positioning in index heavyweight stocks after losses earlier in February. The ASX 200 rose 0.6% to a record high of 7,703.80 points, trading slightly below that level at the end of trade for the day. Thursday’s...
By David Shepardson and Valerie Insinna WASHINGTON (Reuters) - Boeing (NYSE:BA) must develop a comprehensive plan to address \"systemic quality-control issues\" within 90 days, the head of the U.S. Federal Aviation Administration said Wednesday, after a mid-air emergency last month sparked renewed safety concerns. The head of the FAA demanded the plan in a statement...
On Monday, Ascendiant Capital initiated coverage of LiqTech International (NASDAQ:LIQT), a Danish industrial firm specializing in advanced environmental filtration solutions. The analyst assigned a Buy rating to the stock with a price target of $5.15. LiqTech\'s core business revolves around their proprietary silicon carbide ceramic filters and associated systems, targeting a broad range of applications...
(Reuters) - European shares opened lower on Monday, as greenback-priced commodities lost their appeal on a firmer U.S. dollar, while investors braced for key inflation data expected this week from the euro zone and the United States. The pan-European STOXX 600 was down 0.2% by 0823 GMT, following a record-high close for the broader European...
On Monday, JMP Securities updated its outlook on Booking Holdings (NASDAQ:BKNG), increasing the price target to $3,950 from the previous $3,600 while maintaining a Market Outperform rating. This adjustment follows Booking Holdings\' release of its fourth-quarter earnings, which showed revenue and adjusted EBITDA slightly above consensus estimates. Despite softer-than-expected guidance due to normalizing travel demand,...
Goldman Sachs strategists said in a Monday note that their positioning and sentiment indicator has seen a further increase, now sitting well above the 60th percentile, indicating a continued trend towards a bullish sentiment among investors. The strategists highlighted that several indicators, including surveys and CFTC futures positioning, which had already shown a strong bullish...
By Gilles Guillaume GENEVA (Reuters) - Renault (EPA:RENA) unveiled its highly anticipated new electric R5 on Monday at the Geneva Motor Show, a model directly inspired by its 1972 bestseller that the French automaker hopes will bring a major boost to its electric vehicle sales. The small sedan, promised in 2021 as part of Renault\'s...