Shares of Archer Aviation (ACHR -10.42%), the high-flying electric vertical takeoff and landing (eVTOL) stock, were pulling back today after JPMorgan Chase weighed in on the stock, downgrading its rating from overweight to neutral on valuation concerns, as well as the belief that the market may be getting ahead of itself.As of 11:58 a.m. ET, the stock was down 11.6% on the news. Archer loses altitudeJPMorgan says that the stock was trading as if the company had received full certification, which it has not. ...

A month has gone by since the last earnings report for Macy's (M) . Shares have lost about 1.7% in that time frame, outperforming the S&P 500.Will the recent negative trend continue leading up to its next earnings release, or is Macy's due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important catalysts. Macy's Q3 Earnings Miss Estimates, Comparable Sales Decline Y/YMa ...

A month has gone by since the last earnings report for Adobe Systems (ADBE) . Shares have lost about 11.6% in that time frame, underperforming the S&P 500.Will the recent negative trend continue leading up to its next earnings release, or is Adobe due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalysts. Adobe Q3 Earnings and Revenues Surpass EstimatesAdobe ...

Shares of CBRE Group (CBRE) have rallied 39.4% in the past six months, outperforming its industry’s growth of 13.1%.With a wide array of real estate products and services offerings, CBRE enjoys a robust scale and is the largest commercial real estate services and investment firm (based on 2023 revenues). A healthy outsourcing business, strategic acquisitions and a solid balance sheet are expected to drive its performance.Last week, CBRE announced that it had completed the combination of its project manageme ...

The Goldman Sachs Group, Inc. (GS) is scheduled to release fourth-quarter 2024 earnings on Jan. 15 before the opening bell.Goldman’s close peer JP Morgan (JPM) is slated to announce quarterly numbers on Jan. 15, whereas Morgan Stanley (MS) will come out with its performance details on Jan. 16. Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.In the third quarter of 2024, Goldman's results benefited from the strength in investment banking (IB) business. However, a rise in provisions a ...

Equinox Gold Corp. (EQX) announced fourth-quarter 2024 gold production of 213,960 ounces, marking the company’s strongest quarterly production. EQX’s record gold production in the fourth quarter was driven by several of its mines seeing their strongest quarter in the company's history. Equinox Gold reported a preliminary annual gold production of a record 621,870 ounces for 2024. The figure came within the company’s provided guidance of 590,000-675,000 ounces.Equinox Gold’s Preliminarily Financial PositionA ...

Macy's Inc. ((M) , Abercrombie & Fitch Co. (ANF) and Deckers Outdoor Corporation (DECK) .Gap is a premier international specialty retailer offering a diverse range of clothing, accessories and personal care products. It presently flaunts a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.The Zacks Consensus Estimate for Gap’s fiscal 2025 earnings and sales indicates growth of 41.3% and 0.8%, respectively, from the fiscal 2024 reported figures. GAP delivered a tr ...

Investors with an interest in Banks - Foreign stocks have likely encountered both NatWest Group (NWG) and United Overseas Bank Ltd. (UOVEY) . But which of these two stocks presents investors with the better value opportunity right now? Let's take a closer look.The best way to find great value stocks is to pair a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system. The Zacks Rank is a proven strategy that targets companies with positive earnings estimate revision trend ...

Investors interested in Manufacturing - Electronics stocks are likely familiar with AZZ (AZZ) and Emerson Electric (EMR) . But which of these two stocks offers value investors a better bang for their buck right now? We'll need to take a closer look.The best way to find great value stocks is to pair a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system. The Zacks Rank favors stocks with strong earnings estimate revision trends, and our Style Scores highlight companies ...

Investors interested in Medical - Biomedical and Genetics stocks are likely familiar with Incyte (INCY) and Vertex Pharmaceuticals (VRTX) . But which of these two stocks presents investors with the better value opportunity right now? Let's take a closer look.The best way to find great value stocks is to pair a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system. The proven Zacks Rank puts an emphasis on earnings estimates and estimate revisions, while our Style Scores ...