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Anyone who denies the meteoric ascent of Palantir Technologies Inc. (NASDAQ:PLTR) is simply choosing to ignore the charts. Since making its public market debut in October 2020, the big-data analytics specialist — which serves multiple government and defense-related agencies — has made its mark. At the same time, PLTR stock isn’t invincible, losing more than […]
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Legendary investor Warren Buffett and his conglomerate Berkshire Hathaway Inc (NYSE:BRK)(NYSE:BRK) have made more than 50 acquisitions since 1970. A new report suggests that an acquisition in the railroad sector could be on the horizon for Buffett and Berkshire.What Happened: One of the largest acquisitions ever made by Berkshire Hathaway was the company’s acquisition of […]
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Billionaire Elon Musk is a self-proclaimed man of many hats, leading several companies with titles like chairman, CEO and founder.A recent Benzinga reader survey revealed which of the companies Musk leads would be the favorite for investors if they had access to all his companies, both public and private.What Happened: Musk is best known as […]
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BofA Securities analyst Peter T. Galbo initiated coverage on Primo Brands Corporation (NYSE:PRMB), with a price forecast of $42.Galbo notes that Primo Brands stock is expected to appreciate over the next 12 months as the company realizes cost synergies, targeting $300 million in EBITDA by 2026.If valuation multiples stay steady, this should support growth in […]
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All eyes turn to NVIDIA Corporation (NASDAQ:NVDA) and the company’s AI dominance, new products and questions for the China market when the company reports first-quarter financial results Wednesday after market close.Here are the analyst earnings estimates, what experts are saying ahead of the report and key items to watch.Earnings Estimates: Analysts expect Nvidia to report […]
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Aptiv PLC (NYSE:APTV) reported better-than-expected financial results and issued strong guidance on Thursday.The company posted quarterly revenue of $4.91 billion, versus estimates of $4.89 billion. Adjusted earnings came in at $1.75 per share, versus estimates of $1.65 per share.”Looking ahead, as we navigate a dynamic market environment, we will remain focused on enabling our customers […]
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Goldman Sachs analyst Noah Poponak expressed views on GE Aerospace‘s (NYSE:GE) fourth-quarter FY24 results.Today, the company reported fourth-quarter adjusted revenue growth of 16% year-over-year to $9.879 billion and GAAP revenue of $10.812 billion. The analyst consensus was $9.604 billion.Adjusted EPS for the quarter was $1.32 (+103% Y/Y), beating the consensus of $1.04.GE Aerospace expects FY25 […]
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Intuitive Surgical, Inc. (NASDAQ:ISRG) is announcing its fourth-quarter earnings on Thursday. Wall Street expects $1.79 in EPS and $2.25 billion in revenues as the company reports after market hours.The stock is up 63.75% over the past year, 16.06% YTD. Intuitive Surgical enters earnings season at record highs, with shares recently hitting an all-time high of […]
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On Friday, Novo Nordisk A/S (NYSE:NVO) released headline results from the REDEFINE 1 Phase 3 trial in the global REDEFINE program.When evaluating the effects of treatment if all people adhered to treatment, people treated with CagriSema achieved a weight loss of 22.7% after 68 weeks compared to a reduction of 11.8% with cagrilintide 2.4 mg, […]
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Palantir Technologies Inc (NASDAQ:PLTR) stock surged an eye-popping 350% year-to-date.But just as retail investors celebrate their portfolios swelling, company insiders — including CFO David A. Glazer and CTO Shyam Sankar — are selling millions of dollars worth of shares.What Happened: In December alone, Glazer sold $23 million worth of shares, while Sankar offloaded a staggering […]
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