Core Insights - La-Z-Boy Incorporated is expected to report fourth-quarter earnings of 93 cents per share, a decrease from 95 cents per share in the same period last year, with projected quarterly revenue of $557.44 million, slightly up from $553.53 million a year earlier [1] Group 1: Earnings Expectations - Analysts anticipate La-Z-Boy's quarterly earnings to be 93 cents per share, down from 95 cents per share year-over-year [1] - The company projects quarterly revenue of $557.44 million, compared to $553.53 million in the previous year [1] Group 2: Analyst Upgrades and Price Target - Keybanc analyst Bradley Thomas upgraded La-Z-Boy from Sector Weight to Overweight, setting a price target of $46 [2] Group 3: Dividend Insights - La-Z-Boy currently offers an annual dividend yield of 2.26%, translating to a quarterly dividend of 22 cents per share, or 88 cents annually [2] - To achieve a monthly income of $500 from dividends, an investment of approximately $265,357 or around 6,818 shares is required [3] - For a more modest monthly income of $100, an investment of $53,087 or about 1,364 shares is necessary [3] Group 4: Dividend Yield Calculation - The dividend yield is calculated by dividing the annual dividend payment by the stock's current price, which can fluctuate based on changes in stock price and dividend payments [4][5]

Core Viewpoint - Advanced Micro Devices Inc. (AMD) experienced a significant stock increase of nearly 9% following rumors of a GPU win with Amazon's cloud computing platform [1] Group 1: Market Performance and Analyst Ratings - Piper Sandler analyst Harsh Kumar maintained an Overweight rating for AMD and raised the price target to $140 from $125, highlighting product launches at the "Advancing AI" event, particularly the Helios rack system [2] - The AMUU ETF, which seeks to provide 200% of AMD's daily performance, gained almost 8% since its public market debut in February [11] Group 2: Industry Trends and Opportunities - The expansion of machine intelligence is a key narrative supporting AMD's growth, with Meta Platforms considering a multi-billion-dollar investment in Scale AI, which could boost GPU sales [3][4] - Amazon announced plans to invest approximately $13.02 billion through 2029 to expand its data center infrastructure in Australia, indicating increased demand for AMD's data center products [5] Group 3: Competitive Landscape and Market Challenges - Despite AMD's progress, it faces significant competition from Nvidia, which has a market capitalization of $3.53 trillion compared to AMD's nearly $205 billion [6] - The personal computer market is maturing, with consumer PC sales slowing since the COVID-19 crisis, leading to challenges for AMD's traditional CPU and GPU business [7] Group 4: ETF Performance and Trading Mechanisms - The Direxion ETFs provide a mechanism for speculation on AMD stock, with the AMUU ETF showing strong performance while the AMDD ETF has lost over 22% since its debut [8][14] - The AMUU ETF's recent jump of 17.5% was accompanied by a significant spike in trading volume, indicating strong investor interest [13]

Market Overview - U.S. stock futures are lower, with Dow futures falling over 200 points [1] - Redwire Corporation announced a $200 million common stock offering, leading to a sharp decline in its shares by 10.1% to $18.48 in pre-market trading [1] Company-Specific Movements - Sunrun Inc. shares fell 27.4% to $7.00 after Jefferies downgraded the stock from Hold to Underperform and lowered the price target from $6 to $5 [4] - SolarEdge Technologies, Inc. declined 21.5% to $18.79, with Barclays maintaining an Underweight rating and raising the price target from $11 to $12 [4] - Enphase Energy, Inc. saw a decline of 16.7% to $38.28 in pre-market trading [4] - First Solar, Inc. shares decreased by 10.1% to $157.00, despite Jefferies upgrading the stock from Hold to Buy and raising the price target from $157 to $192 [4] - Array Technologies, Inc. fell 9.2% to $7.23 in pre-market trading [4] - LZ Technology Holdings Limited declined 8.6% to $12.80 after a 13% drop on Monday [4] - MakeMyTrip Limited dipped 7.1% to $93.68 following a proposed primary offering of ordinary shares [4] - Nextracker Inc. dropped 6.7% to $56.67 in pre-market trading [4]

The Kroger Co. KR will release its first-quarter financial results before the opening bell on Friday, June 20.Analysts expect the Cincinnati, Ohio-based company to report quarterly earnings at $1.46 per share, up from $1.43 per share in the year-ago period. Kroger projects quarterly revenue of $45.31 billion, compared to $45.27 billion a year earlier, according to data from Benzinga Pro.On March 6, the company reported fourth-quarter adjusted earnings per share of $1.14, beating the street view of $1.11. Qu ...

Core Viewpoint - Oracle Corporation's shares experienced a significant rally of nearly 20% over three days due to a strong earnings report and positive guidance, but are now considered extremely overbought, leading to a potential sell-off [1]. Group 1: Stock Performance - Oracle shares gave back some recent gains after a substantial rally [1]. - The stock is currently classified as overbought, which typically precedes a reversal and sell-off [1]. Group 2: Trading Indicators - Various indicators are used to measure stock momentum, with five popular indicators identified on Oracle's chart [4]. - The Bollinger Band indicates that the stock is overbought when it trades above two standard deviations of the 20-day moving average [5]. - The Relative Strength Index (RSI) and Rate of Change (ROC) are two indicators that signal overbought conditions when they exceed certain thresholds [7]. - Stochastics and Moving Average Convergence Divergence (MACD) also indicate overbought conditions when their averages approach upper limits [8]. Group 3: Trading Strategies - Newer traders often use multiple indicators in hopes of improving results, but this can lead to confusion [9]. - Successful traders understand that trading can be simplified by focusing on a few key indicators rather than overwhelming themselves with many [10].

Core Viewpoint - JP Morgan analyst Cory A Carpenter maintains an Overweight rating on Roku Inc. following a strategic partnership with Amazon, which allows advertisers to purchase Roku's advertising inventory through Amazon's Demand-Side Platform (DSP) [1] Group 1: Partnership Details - The Amazon ads partnership is more deeply integrated than Roku's partnership with The Trade Desk, with Amazon representing a platform-level integration compared to The Trade Desk's Roku-level integration [2] - The partnership provides advertisers with comprehensive platform-level data for better targeting capabilities, allowing visibility into every channel on the Roku platform by matching data sets from Roku with Comcast and Disney [3] Group 2: Revenue Expectations - Roku expects some revenue from the Amazon partnership in the fourth quarter of 2025, but this was not included in the 2025 outlook, indicating a gradual ramp-up rather than an immediate increase [5] - The Amazon partnership is part of several initiatives that give management confidence in providing a full-year outlook, although explicit revenue contribution from this partnership was not detailed [5] Group 3: Stock Performance - Following the announcement of the partnership, Roku's stock is trading higher by 8.04% to $80.39 [6]

Core Viewpoint - BofA Securities analyst maintains a Buy Rating on Caterpillar, Inc. with a price target of $385, highlighting the potential of the Energy & Transportation segment as a key driver for future earnings growth [1][2] Group 1: Company Performance and Projections - Caterpillar's Energy & Transportation (E&T) segment contributes approximately 40% of total sales, making it the least understood segment within the company [1] - The E&T segment is expected to lead the next earnings upcycle, driven by long-term growth in data centers, power generation, and pipeline expansions through 2030 [2] - Caterpillar is guiding for $2.5 billion in earnings by 2025, a significant increase from the average of $1.2 billion over the last decade, indicating a notable inflection point [2] - Projected revenue for 2025 is $59.3 billion with earnings per share estimated at $17.50 [3] Group 2: Capital Expenditure and Management Strategy - Since 2017, capital expenditures (capex) to sales and capex to depreciation have averaged 2% and 70%, respectively, with the current capex step-up significantly exceeding these averages [3] - The management team, under new CEO Joseph Creed, continues to focus on improving returns and free cash flow generation [2][3] - Management is investing in capex for the first time in a decade to expand large engine capacity to meet the rising demand in power generation and data centers [4] Group 3: Historical Context and Market Dynamics - The EPS upcycle from 2009-2012 was primarily driven by Resource Industries, while the current upcycle from 2020-2023 is significantly supported by Construction Industries [4] - E&T's contribution to operating profit has increased to 40% from 33% two years ago, despite cyclical pressures affecting Construction and Resources [4] - E&T pricing remains positive, contrasting with negative pricing in core segments, indicating resilience and growth potential within this segment [4]

Core Viewpoint - BofA Securities analyst Jessica Reif Ehrlich maintains a Buy rating on Warner Bros. Discovery (WBD) with a price target of $14, highlighting the company's strong asset portfolio and upcoming catalysts for growth [1]. Group 1: Company Strategy and Value Creation - Warner Bros. plans to separate into two publicly traded entities in a tax-free transaction, which is seen as a strategic move to unlock significant unrecognized value [1][2]. - The studio is considered the crown jewel of media studios, with inherent value in its intellectual property and libraries, which has been overshadowed by high leverage and challenges in the linear business [3]. - The separation will relieve the studio assets from a burdensome debt load, allowing for greater flexibility to enhance the studio's attractiveness for potential acquisitions [3]. Group 2: Market Sentiment and Financial Projections - Investor sentiment towards the linear business is negative due to ongoing secular challenges, yet there are still underappreciated equity value creation opportunities at current valuations [4]. - Several strategic options for value creation include managing the business for cash, consolidating with similar assets, asset sales, and private equity investments [5]. - Projected sales for Warner Bros. Discovery in 2025 are estimated at $38.2 billion [5]. Group 3: Stock Performance - As of the publication date, WBD stock has increased by 4.94%, reaching a price of $10.53 [5].

An analyst downgraded AI cloud-computing company CoreWeave Inc. CRWV on Monday based on valuation concerns after its shares soared following its March IPO.The CoreWeave Analyst: Bank of America analyst Brad Sills downgraded CoreWeave from Buy to Neutral and raised the price target from $76 to $185.Read Also: Will Rising Stars Circle, CoreWeave Perform Like Past IPO Winners Reddit, Astera Labs?The Analyst Takeaways: CoreWeave stock was downgraded due to overvaluation concerns, and Sills’s new investor note a ...

Core Insights - Tapestry Inc is experiencing a growth split between its key brands, with Coach showing significant recovery and projected 32% upside for the overall company stock by year-end, while Kate Spade is underperforming [1][6] Group 1: Coach's Performance - Coach is the primary driver of Tapestry's growth, benefiting from a balanced multi-year revenue increase due to average unit retail price hikes and sustainable unit sales growth [2] - Handbag prices for Coach are increasing, supported by improved full-price selling and innovative product lines, reversing previous declines in unit sales [3] - The brand is attracting younger customers, particularly Gen-Z and Millennials, who are spending more and frequently returning, which also encourages older customers to re-engage [4] Group 2: Kate Spade's Challenges - Kate Spade has faced revenue declines this year, with management adopting a cautious approach due to uncertain macroeconomic conditions, and its fourth quarter guidance indicates a sales drop [5] - The brand is currently in a supporting role within Tapestry's portfolio, contrasting with Coach's expected low-double-digit growth [5] Group 3: Overall Outlook for Tapestry - Tapestry's potential upside is largely contingent on Coach's revival, driven by pricing power, customer rejuvenation, and category expansion, with a price target of $104 for investors to monitor [6]