Chipotle Mexican Grill’s (NYSE: CMG) stock price is falling apart after having one of the most spectacular performances in the past few years. It is nearing a bear market as it dropped by more than 17% from its highest point this year. It has now plunged to its lowest point this year.Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE. Takes 2 mins.Restaurant stocks are fallingCopy link to sectionThe first main reason why Chipotle’s stock is tumbling is that it is trad ...

Alibaba (NYSE: BABA) stock price record of underperformance has continued this year. It has dropped by over 1.50% this year as the Nasdaq 100 and S&P 500 indices soared by double digits. The stock has also dropped by over 54% while the two indices have risen by over 80%.Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE. Takes 2 mins.Alibaba has become a big fallen angel, meaning that $10,000 invested in it in October 2020 would now be worth just $2,442.  Good and hig ...

AT&T (NYSE: T) stock price has staged a strong comeback in the past few months, making it one of the best telecom companies in the US. It bottomed at $12.75 in July last year to almost $20 today. This recovery has brought its market cap to over $134 billion.Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE. Takes 2 mins.AT&T turnaround is underwayCopy link to sectionAT&T, one of the biggest companies in the telecom industry, has gone through major upheavals in the pa ...

Beleaguered airplane manufacturer Boeing recorded a 32% fall in deliveries of its commercial airplanes in the second quarter of the current fiscal year compared to last year.Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE. Takes 2 mins.The fall came on the back of heightened regulatory scrutiny over the company triggered by the episode of a door blowing away mid-flight in January, especially when the company’s planes had already seen two fatal crashes in 2018 and 2 ...

Core Viewpoint - Apple Inc. shares rose 2% following a price target upgrade from Rosenblatt Securities, reflecting increased investor confidence driven by advancements in artificial intelligence (AI) [1] Group 1: Analyst Upgrades and Market Sentiment - Rosenblatt Securities raised its price target for Apple from $198 to $260 and upgraded its rating from 'Neutral' to 'Buy', citing Apple's focus on privacy-centric AI initiatives [1] - Wedbush Securities maintains an Outperform rating with a price target of $275, highlighting the transformative impact of Apple Intelligence on the iOS ecosystem [3] - Analysts from Melius Research raised their price target to $260 from $227, emphasizing Apple's potential to monetize AI through hardware and services [3] - J.P. Morgan increased its price target to $245 from $225, anticipating growth in iPhone sales driven by AI features [3] Group 2: Financial Performance - Apple reported a slight year-over-year revenue decline of 4%, attributed to challenging macroeconomic conditions and tough iPhone sales comparisons [4] - Despite the revenue decline, growth in high-margin services and strategic cost management supported stable net income and earnings per share growth [4] - Apple's balance sheet remains strong, with $162.4 billion in cash against $104.6 billion in debt, positioning it well for future investments [4] Group 3: Market Dynamics and Technical Analysis - The stock has shown a strong rebound, climbing from around $165 to over $190, indicating bullish sentiment [5] - A weekly close above $200 has been achieved, displaying strong bullish momentum, although caution is advised for new positions [5][7] - Current technical indicators are in the overbought zone, suggesting a potential need for a retracement or consolidation period [7]

Alphabet Inc (NASDAQ: GOOGL) has already gained some 40% since its year-to-date low in early March but analysts at Jefferies remain convinced it can push further to the upside in the coming months. Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE. Takes 2 mins.Shares of the tech titan currently pay a dividend yield of 0.43%.  Why is Jefferies bullish on Google stock?Copy link to sectionThe investment firm reiterated its “buy” rating on Google stock this morning and ...

Follow Invezz on Telegram , Twitter , and Google News for instant updates >FedEx Corp. shares surged over 13% in Wednesday’s premarket session following the company’s announcement of significant structural cost reductions for fiscal year 2024. Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE. Takes 2 mins.Investors reacted positively to the news, which is part of FedEx’s broader strategic initiative aimed at enhancing efficiency and profitability. Cost-cutting measu ...

Follow Invezz on Telegram , Twitter , and Google News for instant updates >Global semiconductor stocks experienced volatile trading on Tuesday following a significant decline in Nvidia shares in the previous session. Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE. Takes 2 mins.The fluctuations reflect investor reactions to Nvidia’s sharp drop in market capitalisation, impacting chip firms across Europe and Asia. Nvidia’s market value tumbles, then rebounds Copy li ...

Follow Invezz on Telegram , Twitter , and Google News for instant updates >A potential U.S. ban on TikTok may significantly impact Oracle’s revenue, as the software giant acknowledged in its annual report released on Monday. Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE. Takes 2 mins.This development follows President Joe Biden’s April bill requiring ByteDance, TikTok’s Chinese owner, to sell the platform within nine months to avoid a ban in the U.S. TikTok’s rel ...

The Faraday Future (NASDAQ: FFIE) stock price has tumbled as I predicted last week. It plunged by over 17% on Monday’s regular session followed by a 20% plunge during the pre-market session. Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE. Takes 2 mins.Faraday Future reverse stock splitCopy link to sectionThe stock crash happened after the troubled Tesla rival announced a new plan to regain compliance with the Nasdaq. In it, the company will implement a 40:1 revers ...