Gold Tumbles Over 6%; Apple Posts Upbeat Earnings
Benzinga· 2026-01-30 17:05
U.S. stocks traded lower midway through trading, with the Dow Jones index falling more than 400 points on Friday.The Dow traded down 0.87% to 48,646.87 while the NASDAQ fell 0.88% to 23,476.27. The S&P 500 also fell, dropping, 0.65% to 6,923.38.Check This Out: How To Earn $500 A Month From Goldman Sachs Stock Ahead Of Q4 EarningsLeading and Lagging SectorsConsumer staples shares gained by 0.3% on Friday.In trading on Friday, materials stocks fell by 1.7%.Top HeadlineApple Inc. (NASDAQ:AAPL) reported stronge ...
Apple 'Selling Its Soul To The Devil'? Analyst Says Partnering With Alphabet Limits AI Upside
Benzinga· 2026-01-30 17:05
• Apple stock is under selling pressure. Why are AAPL shares declining?The Apple AnalystsWedbush analyst Dan Ives maintained an Outperform rating on Apple with a price target of $350.Rosenblatt analyst Barton Crockett maintained a Neutral rating and increased the price target from $250 to $267.Goldman Sachs analyst Michael Ng maintained a Buy rating and raised the price target from $320 to $330DA Davidson analyst Gil Luria maintained a Neutral rating with a price target of $270JPMorgan analyst Samik Chatte ...
Western Digital Corp (NASDAQ:WDC) Sees Price Target Increase by Barclays
Financial Modeling Prep· 2026-01-30 17:03
Core Viewpoint - Western Digital Corp (NASDAQ:WDC) is experiencing strong financial growth and has a positive outlook, supported by a new price target set by Barclays analyst Tom O'Malley at $325, indicating a potential upside of 16.73% from its current price of $278.41 [1][6]. Financial Performance - In Q2 2026, Western Digital reported revenue of $3 billion, reflecting a 25% increase year-over-year [2][6]. - The company's earnings per share (EPS) reached $2.13, surpassing the high end of their guidance range [2][6]. Product Delivery and Growth - Western Digital delivered 215 exabytes of data storage, marking a 22% year-over-year growth [3][6]. - The shipment of over 3.5 million units of its latest EPMR products indicates strong customer confidence in the company's offerings [3]. Margin Improvement - The gross margin improved to 46.1%, an increase of 770 basis points, attributed to a focus on higher capacity drives and effective cost control measures [3]. Strategic Initiatives - The company has secured long-term agreements with major customers, enhancing visibility into future demand [4]. - Western Digital is advancing its Hammer and EPMR roadmaps and has begun qualifying next-generation products, positioning itself for continued growth and innovation [4]. Stock Performance - Currently, WDC's stock price is $278.41, with a slight decrease of 0.46% or -$1.29 [5]. - The stock has fluctuated between $268.35 and $285.42 today, with the highest price over the past year being $285.42 [5]. - The company has a market capitalization of approximately $95.44 billion and a trading volume of 15.21 million shares [5].
BATH & BODY WORKS CLASS ACTION REMINDER: Bragar Eagel & Squire, P.C. Reminds Investors That a Class Action Lawsuit Has Been Filed Against Bath & Body Works, Inc. and Encourages Investors to Contact the Firm
Globenewswire· 2026-01-30 17:03
Bragar Eagel & Squire, P.C. Litigation Partner Brandon Walker Encourages Investors Who Suffered Losses In Bath & Body Works (BBWI) To Contact Him Directly To Discuss Their Options If you purchased or acquired Bath & Body Works securities between June 4, 2024 and November 19, 2025 and would like to discuss your legal rights, call Bragar Eagel & Squire partner Brandon Walker or Melissa Forunato directly at (212) 355-4648. Click here to participate in the action. NEW YORK, Jan. 30, 2026 (GLOBE NEWSWIRE) -- Wh ...
Bread Financial Analysts Increase Their Forecasts Following Q4 Results
Benzinga· 2026-01-30 17:03
Bread Financial Holdings, Inc. (NYSE:BFH) posted better-than-expected earnings for the fourth quarter on Thursday.The company posted adjusted earnings of $2.07 per share, beating market estimates. The company's quarterly sales came in at $975 million versus expectations of $955.819 million.Bread Financial shares fell 0.6% to trade at $72.57 on Friday.These analysts made changes to their price targets on Bread Financial following earnings announcement.Barclays analyst Terry Ma maintained Bread Finl with an U ...
Microsoft Vs. Meta: A Tale Of Two AI Cities
Seeking Alpha· 2026-01-30 17:02
Here at PropNotes, I focus on uncovering high-yield investment opportunities for individual investors.With a background in professional prop trading, my goal is to break down complex concepts into clear, actionable insights that help you achieve better returns.Follow me today and take control of your portfolio.Analyst’s Disclosure: I/we have a beneficial long position in the shares of META either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opi ...
As bitcoin falls toward $80k, here's why Fed Chair Warsh may not be enough to revive the crypto
MarketWatch· 2026-01-30 17:02
Bitcoin is sinking closer to its April tariff lows. A boost from easing monetary policy might help, but investors are cautious right now. ...
PennyMac Financial Services, Inc. 2025 Q4 - Results - Earnings Call Presentation (NYSE:PFSI) 2026-01-30
Seeking Alpha· 2026-01-30 17:01
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The Bancorp targets $5.90 EPS for 2026 and $8.25 for 2027 with fintech initiatives and buybacks (NASDAQ:TBBK)
Seeking Alpha· 2026-01-30 17:01
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Gentex outlines $2.6B–$2.7B 2026 revenue target and signals product innovation amid tariff headwinds (NASDAQ:GNTX)
Seeking Alpha· 2026-01-30 17:01
Group 1 - The article does not provide any relevant content regarding the company or industry [1]