FMP
Jan 22, 2025 4:09 AM - Rayan Ahmad
Johnson & Johnson (NYSE:JNJ) is a global healthcare company known for its pharmaceuticals, medical devices, and consumer health products. On January 22, 2025, Johnson Rice updated its rating for JNJ to Neutral, maintaining a hold action. At the time, the stock price was $148.15. This update comes as...
Jan 22, 2025 4:05 AM - Rayan Ahmad
Goodfood Market Corp. (PNK:GDDFF) is a Canadian online meal solutions company. It offers meal kits and ready-to-eat meals, catering to the growing demand for convenient food options. Despite facing competition from other meal kit providers, Goodfood has carved out a niche in the Canadian market. The...
Jan 22, 2025 4:00 AM - Gordon Thompson
Cohen & Steers, Inc. (NYSE: CNS) is a prominent investment management firm known for its expertise in real assets and alternative income strategies. The company is set to release its quarterly earnings on January 22, 2025, at 4:00 PM Eastern Standard Time. Analysts predict an earnings per share (EPS...
Jan 22, 2025 3:00 AM - Stuart Mooney
Byline Bancorp (NYSE:BY) is preparing to release its quarterly earnings on January 23, 2025. The company, which operates as a bank holding company, provides a range of banking products and services. It competes with other financial institutions in the banking sector. Wall Street anticipates BY's ear...
Jan 22, 2025 2:55 AM - Parth Sanghvi
Japanese stocks have largely traded flat so far in 2025 after experiencing significant gains of nearly 20% last year. Factors such as U.S. trade policies, interest rate decisions by the Bank of Japan (BOJ), and a stronger yen are shaping the market's current trajectory. Analysts from Bank of America...
Jan 22, 2025 2:55 AM - Parth Sanghvi
Asian stock markets experienced broad gains on Wednesday, driven by a rally in technology shares following OpenAI’s announcement of a $500 billion partnership to develop AI infrastructure in the U.S. However, Chinese markets lagged behind due to renewed trade tariff concerns raised by U.S. President...
Jan 22, 2025 2:54 AM - Parth Sanghvi
U.S. stock index futures showed modest gains on Tuesday evening, reflecting investor optimism as markets digested President Donald Trump’s inauguration and early executive orders. Meanwhile, Netflix's strong Q4 results led to a surge in its stock during after-hours trading. Key Developments 1. S...
Jan 22, 2025 2:53 AM - Parth Sanghvi
Netflix Inc. (NASDAQ:NFLX) saw its stock surge over 13% in after-hours trading on Tuesday, driven by record-breaking subscriber growth and better-than-expected earnings for Q4 2024. The company’s robust performance reflects strong demand for its content slate and a growing ads-supported tier. Key...
Jan 22, 2025 2:52 AM - Parth Sanghvi
Investor sentiment in Asia has grown cautious as markets grapple with policy clarity from the Trump administration and navigate an uneven economic recovery in China. Bank of America’s (BofA) latest Asia Fund Manager Survey, conducted from January 10-16, 2025, provides valuable insights into these sh...
Jan 22, 2025 2:33 AM - Parth Sanghvi
Bitcoin and other cryptocurrencies saw a sharp pullback on Tuesday, retreating from record highs as newly inaugurated President Donald Trump’s initial policy announcements excluded any mention of the digital asset class. Bitcoin’s Rally and Sudden Decline Bitcoin, the world’s largest cryptocur...
Jan 22, 2025 2:31 AM - Parth Sanghvi
Google (NASDAQ:GOOGL) has invested an additional $1 billion into Anthropic, a leading AI start-up and a key rival to OpenAI, according to a report from the Financial Times. This move highlights Google's strategic push to cement its position in the highly competitive artificial intelligence market. ...
Jan 22, 2025 2:28 AM - Parth Sanghvi
Apple Inc. (NASDAQ:AAPL) faced a significant setback as Wall Street analysts at Jefferies downgraded the stock, citing concerns over weak iPhone sales, slow AI adoption, and subdued growth prospects. The downgrade sent Apple’s shares sliding more than 2% in premarket trading on Tuesday. Jefferies...
Jan 22, 2025 2:28 AM - Parth Sanghvi
The EUR/USD currency pair faces heightened volatility as UBS strategists lowered their forecast, predicting a test of parity amid robust US economic activity and subdued European growth. This projection underscores the challenges facing the Euro as global economic dynamics evolve. Key Insights fr...
Jan 22, 2025 2:27 AM - Parth Sanghvi
Donald Trump’s inauguration as the 47th President of the United States has prompted varied reactions from Wall Street analysts, focusing on trade, tariffs, and policy direction. Analyst Insights Morgan Stanley's Outlook Morgan Stanley (NYSE:MS) noted that Trump’s address emphasized trade and ...
Jan 22, 2025 2:25 AM - Parth Sanghvi
The firm’s analysts believe investors are beginning to appreciate Tesla (NASDAQ:TSLA)'s potential in "real-world A.I.," which is driving portfolio managers to consider upside scenarios more seriously. In their recent note, Piper Sandler said it curated over a dozen Tesla-specific datasets. Des...
Jan 22, 2025 2:25 AM - Parth Sanghvi
Global stock markets climbed on Wednesday, driven by a combination of new policies introduced by U.S. President Donald Trump and robust corporate earnings. However, lingering uncertainties around tariffs kept the U.S. dollar near two-week lows. Netflix's Stellar Performance Boosts Markets Netf...
Jan 22, 2025 2:24 AM - Parth Sanghvi
Citi analysts have resumed coverage of Walt Disney Company (NYSE:DIS) with a "Buy" rating, citing an attractive risk-reward opportunity at current levels. The firm believes that Disney's long-term growth prospects, particularly in streaming and entertainment, position the company for solid earnings ...
Jan 22, 2025 2:23 AM - Parth Sanghvi
Bank of America’s January Global Fund Manager Survey (FMS) highlights a notable shift in investor sentiment, with bullishness surrounding the US dollar and equities while bearish sentiment clouds commodities, bonds, and cash. These insights offer a glimpse into evolving market dynamics as fund manag...
Jan 22, 2025 2:22 AM - Parth Sanghvi
OpenAI has announced a groundbreaking partnership with leading technology companies, including Nvidia, Arm, Microsoft, and Oracle, to launch The Stargate Project—a transformative initiative aimed at building advanced artificial intelligence infrastructure across the United States. This ambitious col...
Jan 22, 2025 2:20 AM - Parth Sanghvi
U.S. President Donald Trump has unveiled a groundbreaking private sector investment initiative worth up to $500 billion aimed at accelerating artificial intelligence (AI) infrastructure development in the United States. The initiative, named "Stargate," is a joint venture involving OpenAI, SoftBank ...