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UnitedHealth Reports Earnings Friday. What to Watch.
Barrons· 2024-01-11 21:00
The managed care giant UnitedHealth Group kicks off the earnings season for healthcare companies Friday morning. Investors will watch closely for updates on how intensely patients used healthcare services in the last quarter of the year, a key bellwether for the healthcare sector. ...
Netflix Surpasses 23 Million Monthly Active Users on Ad-Tier
Barrons· 2024-01-11 17:32
Netflix stock was rising Thursday after the streaming platform surpassed 23 million global monthly active users for its ad-based plan. ...
Tesla Is Raising Wages. It's a Win for the UAW, but Not a Loss for the EV Maker.
Barrons· 2024-01-11 16:11
Tesla Is Raising Wages. It’s a Win for the UAW, but Not a Loss for the EV Maker. ...
McDonald's Stock Will Top Yum! Brands in 2024, Says Analyst
Barrons· 2024-01-11 14:46
With a strong 2023 in the rearview mirror, Wells Fargo says it’s time to step back on KFC and Pizza Hut parent Yum! Brands, and keep betting on the golden arches. ...
Amazon Misses Concessions Deadline for iRobot Acquisition. What It Means for the $1.7 Billion Deal.
Barrons· 2024-01-11 14:03
Amazon.com did not file remedies to the European Commission over its proposed $1.7 billion acquisition of iRobot by the deadline. ...
These Dividend Kings Have Raised Their Payouts for 60 Years or More.
Barrons· 2024-01-11 13:38
Coca-Cola and Other Dividend Kings That Have Raised Their Payouts for 60 Years or More ...
Boeing Stock Stabilizes. But No End in Sight for MAX 9 Pain.
Barrons· 2024-01-11 10:45
Boeing stock continued to stabilize early Thursday despite signs the grounding of its 737 MAX 9 planes may not end anytime soon. ...
Google Follows Amazon in Slashing Jobs. Why AI Is Getting the Blame.
Barrons· 2024-01-11 10:08
Google is cutting hundreds of jobs and the departures include the co-founders of wearables company Fitbit. The news comes in the wake of a similar move at Amazon.com and is a sign that big technology companies still think there’s scope to trim spending after last year’s mass layoffs. ...
Zillow Stock Gets Downgraded as Low Home Affordability a Headwind
Barrons· 2024-01-10 16:03
Group 1 - The core viewpoint is that Zillow Group's stock is trading lower due to concerns that lower mortgage rates may not sufficiently boost the stock price in the context of high home prices and ongoing legal challenges [1] Group 2 - An analyst's opinion suggests that despite lower mortgage rates, the current high home prices present a significant barrier to stock price appreciation for Zillow Group [1] - Legal headwinds are also identified as a factor that could impede Zillow Group's stock performance [1]
Home Depot Gains a Bull. It May Have an Edge on Lowe's as Headwinds Ease.
Barrons· 2024-01-10 13:42
The future looks bright for Home Depot, one Wall Street team argued as they lifted their rating on shares of the home-improvement retailer. ...