Tilray Brands' Reverse Stock Split: A Strategic Move Amidst Market Fluctuations
Financial Modeling Prep· 2025-12-02 21:00
Tilray Brands (NASDAQ:TLRY), a leader in the cannabis industry, executed a reverse stock split at a ratio of 10 for 1 to stabilize its stock price.The reverse stock split reduced the total number of outstanding shares from approximately 1.16 billion to 116 million, aiming to increase the stock price by consolidating shares.Despite the reverse stock split, Tilray's shares have seen a significant decline, with a 40% loss in 2025, and a recent trading session drop of over 20%.Tilray Brands, listed on the NASDA ...
Credo Technology Group Holding Ltd (NASDAQ:CRDO) Sees Significant Growth and Innovation
Financial Modeling Prep· 2025-12-02 20:06
Credo Technology Group Holding Ltd (NASDAQ:CRDO) has been highlighted by Rob Chang from KGI Securities with a price target of $230, indicating an 8.04% potential upside.The company reported a 272% year-over-year revenue increase in its fiscal second quarter, driven by the rising demand for AI infrastructure.Credo introduced three new growth pillars targeting multibillion-dollar markets, expanding its market opportunity to over $10 billion.Credo Technology Group Holding Ltd (NASDAQ:CRDO) is a key player in t ...
Apple Inc. (NASDAQ:AAPL) Maintains "Buy" Rating Amidst Leadership Changes and Competitive Pressures
Financial Modeling Prep· 2025-12-02 20:03
Loop Capital Markets maintains a "Buy" rating for Apple Inc. (NASDAQ:AAPL), raising its price target from $315 to $325.Apple plans to launch its first foldable smartphone in 2026, indicating potential future growth despite competitive challenges.The resignation of Apple's head of artificial intelligence and machine learning could impact its strategic direction in AI, amidst strong investor interest and a market capitalization of approximately $4.2 trillion.Apple Inc. (NASDAQ:AAPL) is a leading technology co ...
The Bank of Nova Scotia (BNS) Surpasses Earnings and Revenue Estimates
Financial Modeling Prep· 2025-12-02 20:00
BNS reported an EPS of $1.38, beating the estimated $1.33, showcasing its ability to exceed expectations.The bank achieved a revenue of approximately $6.99 billion, surpassing the forecasted $6.73 billion, indicating strong financial performance.Despite a high debt-to-equity ratio, BNS maintains a net margin of 9.74% and a return on equity of 11.61%.The Bank of Nova Scotia, known as BNS on the NYSE, is a prominent player in the banking sector, particularly within the Zacks Banks - Foreign industry. The bank ...
Micron Technology, Inc. (NASDAQ:MU) Sees Bullish Price Targets Amid AI Memory Supercycle
Financial Modeling Prep· 2025-12-02 19:09
Wolfe Research sets a new price target of $300 for Micron Technology, Inc. (NASDAQ:MU), indicating a potential increase of approximately 24.76%.Morgan Stanley raises its price target to $338 with an Overweight rating, highlighting the beginning of the AI memory supercycle.Micron's market capitalization stands at approximately $268.35 billion, reflecting its significant presence in the semiconductor industry.Micron Technology, Inc. (NASDAQ:MU) is a leading player in the semiconductor industry, specializing i ...
Applied Materials, Inc. (NASDAQ: AMAT) Maintains Strong Position in Semiconductor Industry
Financial Modeling Prep· 2025-12-02 19:04
Morgan Stanley maintains an "Overweight" rating for NASDAQ:AMAT, raising the price target from $252 to $273.Boston Family Office LLC and other significant investors increase their stakes in AMAT, indicating strong institutional interest.AMAT's stock price reaches a yearly high of $255.79, with a market capitalization of approximately $202.94 billion and a trading volume of 6,195,179 shares.Applied Materials, Inc. (NASDAQ:AMAT) is a leading company in the semiconductor industry, providing manufacturing equip ...
United Natural Foods, Inc. (NYSE: UNFI) Earnings Report Highlights
Financial Modeling Prep· 2025-12-02 19:00
Earnings Per Share (EPS) of $0.56, surpassing estimates of $0.39.Adjusted EBITDA increased by 24.6% to $167 million, despite a net loss of $4 million.Revenue of $7.84 billion, slightly below the estimated $7.91 billion, with a minor decrease in net sales.United Natural Foods, Inc. (NYSE:UNFI) is a leading distributor of natural, organic, and specialty foods in the United States and Canada. The company supplies a wide range of products to supermarkets, natural food stores, and other retailers. UNFI faces com ...
Baxter International Inc. (NYSE:BAX) Faces Investigation Amidst Price Target Adjustment
Financial Modeling Prep· 2025-12-02 18:11
Morgan Stanley analyst sets a new price target for BAX at $15, indicating a potential downside from its current trading price.Faruqi & Faruqi, LLP investigates potential claims against Baxter International Inc. for investors who purchased securities between February 23, 2022, and July 30, 2025.BAX's current stock price reflects a slight increase, trading at $19.08 with a market capitalization of approximately $9.81 billion.Baxter International Inc. (NYSE:BAX) is a global healthcare company that provides a b ...
MongoDB Inc. (NASDAQ:MDB) Maintains Strong Market Position Amidst Analyst Upgrades
Financial Modeling Prep· 2025-12-02 18:05
MongoDB Inc. (NASDAQ:MDB) receives an "Outperform" rating from Oppenheimer, with a price target increase from $385 to $450.The company impresses with an upward revision of its full-year earnings guidance, boosting investor confidence.MongoDB showcases significant market volatility but maintains a robust market capitalization of approximately $26.76 billion.MongoDB Inc. (NASDAQ:MDB) is a leading player in the database software industry, known for its innovative cloud-based solutions. The company provides a p ...
Signet Jewelers Limited (NYSE:SIG) Surpasses Q3 Earnings and Revenue Estimates
Financial Modeling Prep· 2025-12-02 18:00
Earnings per share of $0.63, significantly beating the estimated $0.16.Revenue reached approximately $1.39 billion, surpassing the estimated $1.37 billion.A 3% increase in same-store sales, driven by the "Grow Brand Love" strategy.Signet Jewelers Limited, listed as NYSE:SIG, is a prominent player in the jewelry retail industry. Known for its major brands like Kay, Zales, and Jared, Signet has carved a niche in the market with its diverse diamond offerings. The company competes with other jewelry retailers, ...