Wall Street analysts are showing two cybersecurity stocks some love ahead of their quarterly results. The news Evercore ISI this week raised its price target on Palo Alto Networks to $455 from $395, implying a nearly 18% upside from Monday's close. The analysts said that recent channel commentary not...
Another day. Another Apple headline. The news Berkshire Hathaway sold another large chunk of Apple shares, according to the Warren Buffett -led company's earnings report Saturday. The Omaha-based conglomerate reduced its stake by about 25% during the third quarter. But it still held roughly $69.9 billion worth of Apple...
Reddit stock skyrocketed more than 40% higher on Wednesday — a stunning market reaction Jim Cramer suggested was warranted given the company's blowout third-quarter earnings results . Shares hit an all-time intraday high as investors celebrated the beat and raise that came after Tuesday's closing bell. Since becoming publicly...
Microsoft will release quarterly results after Wednesday's closing bell, and with it comes a new reporting structure the company hopes will provide more visibility into its big cloud computing business. Announced in August , and reported this way for the first time this week, Microsoft decided to change which...
It's been a stellar month for the U.S. stock market, driven largely by easing monetary policy. Since the Club's last Monthly Meeting, investors have celebrated the Federal Reserve's pivot to its rate-cutting era. The U.S. central bank announced its first interest rate reduction in more than four years on...
Apple is back. Shares hit an all-time high Tuesday despite a chorus of recent concerns from Wall Street analysts about demand for the new artificial intelligence-enabled iPhone 16. The news A major catalyst for Tuesday's move: Data that signaled strong demand for Apple's biggest money maker, the iPhone. In...
Apple stock jumped Monday after a Wall Street firm touted the iPhone maker ahead of its quarterly earnings report. The news Evercore ISI added Apple to the firm's tactical outperform list, helping shares climb more than 1% in Monday's session. Analysts said Apple's stock may be able to advance...
Wells Fargo stock hit new multi-year highs on Monday after Wall Street analysts praised the bank's third-quarter earnings report. The news Shares of Club name Wells Fargo jumped more than 3% on Monday — a close above $63 would be the highest finish since January 2018. That's on top...
Jim Cramer has been considering a potential investment in BlackRock, the world's largest asset manager, and we're now adding it to our Bullpen stocks-to-watch list. The news BlackRock shares surged to a record high Friday after the firm posted third-quarter earnings that crushed analysts' expectations, yet again. Management also...
Deutsche Bank is striking a cautious tone on Dover 's stock ahead of the industrial conglomerate's upcoming earnings report. Jim Cramer is saying don't fall for it. The firm's wariness on Dover lands not long after the Federal Reserve began its rate-cutting cycle – generally seen as a positive development for...