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All You Need to Know About Bank7 (BSVN) Rating Upgrade to Strong Buy
ZACKS· 2025-01-17 18:01
Investors might want to bet on Bank7 (BSVN) , as it has been recently upgraded to a Zacks Rank #1 (Strong Buy). This rating change essentially reflects an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following years.The power of a ...
First Merchants (FRME) Upgraded to Buy: Here's What You Should Know
ZACKS· 2025-01-17 18:01
First Merchants (FRME) could be a solid addition to your portfolio given its recent upgrade to a Zacks Rank #2 (Buy). This rating change essentially reflects an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the system.I ...
SPS Commerce (SPSC) Upgraded to Strong Buy: Here's What You Should Know
ZACKS· 2025-01-17 18:01
Investors might want to bet on SPS Commerce (SPSC) , as it has been recently upgraded to a Zacks Rank #1 (Strong Buy). This rating change essentially reflects an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following years.The powe ...
AIM ImmunoTech (AIM) Upgraded to Strong Buy: What Does It Mean for the Stock?
ZACKS· 2025-01-17 18:01
AIM ImmunoTech Inc. (AIM) appears an attractive pick, as it has been recently upgraded to a Zacks Rank #1 (Strong Buy). This upgrade is essentially a reflection of an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following years.Ind ...
Potbelly (PBPB) Upgraded to Strong Buy: Here's What You Should Know
ZACKS· 2025-01-17 18:01
Potbelly (PBPB) could be a solid addition to your portfolio given its recent upgrade to a Zacks Rank #1 (Strong Buy). This rating change essentially reflects an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the system.I ...
BioAge Labs, Inc. Sued for Securities Law Violations - Investors Should Contact Levi & Korsinsky Before March 10, 2025 to Discuss Your Rights - BIOA
ACCESSWIRE Newsroom· 2025-01-17 18:00
BioAge Labs, Inc. Sued for Securities Law Violations - Investors Should Contact Levi & Korsinsky Before March 10, 2025 to Discuss Your Rights - BIOA ...
REGN LAWSUIT ALERT: Levi & Korsinsky Notifies Regeneron Pharmaceuticals, Inc. Investors of a Class Action Lawsuit and Upcoming Deadline
ACCESSWIRE Newsroom· 2025-01-17 18:00
REGN LAWSUIT ALERT: Levi & Korsinsky Notifies Regeneron Pharmaceuticals, Inc. Investors of a Class Action Lawsuit and Upcoming Deadline ...
Customers Bancorp, Inc. Securities Fraud Class Action Lawsuit Pending: Contact Levi & Korsinsky Before January 31, 2025 to Discuss Your Rights - CUBI
ACCESSWIRE Newsroom· 2025-01-17 18:00
Customers Bancorp, Inc. Securities Fraud Class Action Lawsuit Pending: Contact Levi & Korsinsky Before January 31, 2025 to Discuss Your Rights - CUBI ...
Investors Should Hold on to Hilton Stock for Now: Here's Why
ZACKS· 2025-01-17 17:57
Company Performance and Growth - Hilton Worldwide Holdings Inc (HLT) has seen its shares gain 12.7% in the past six months, outperforming the Zacks Hotels and Motels industry, the Zacks Consumer Discretionary sector, and the S&P 500 [1] - The Zacks Consensus Estimate for the company's 2025 earnings per share (EPS) is $7.85, indicating 12.2% year-over-year growth, with first-quarter 2025 earnings estimates showing 7.8% year-over-year growth [3] - The company's earnings surpassed expectations in each of the trailing four quarters, with an average surprise of 5.8% [3] Demand and Revenue Trends - Hilton is benefiting from robust booking trends driven by strong demand for both corporate and social meetings and events, reflecting an increase in leisure and business travel demand [5] - In Q3 2024, the company's system-wide Revenue per Available Room (RevPAR) increased 1.4% year over year, with business transient RevPAR rising 2% [6] - Management forecasts a Q4 2024 system-wide RevPAR increase of 1-2% year over year, supported by robust group bookings and recovery in business transient travel [6] Global Expansion and Acquisitions - Hilton opened 531 new hotels in Q3 2024, achieving 7.8% net unit growth, with a development pipeline of nearly 3,525 hotels and 492,400 rooms across 120 countries and territories [7] - The company recently opened its 8,000th hotel globally and expanded to 900 hotels in Asia-Pacific and EMEA [8] - Hilton acquired the Graduate Hotels brand and a majority controlling interest in Sydell Group to expand its presence in the lifestyle and luxury hotel markets, with plans to develop up to 100 NoMad properties worldwide [9] Capital-Light Business Model - Hilton has transformed into a capital-light operating business, focusing on growing market share, units, and free cash flow per share while maintaining a strong balance sheet [10] - In Q3 2024, the company repurchased 3.3 million shares worth approximately $727 million and returned $2.4 billion to shareholders through buybacks and dividends through October [10] Challenges and Risks - RevPAR in China declined 9% year over year in Q3 2024 due to difficult domestic travel comparisons, typhoon disruptions, and limited international inbound travel [11] - Elevated inflation and interest rates pose challenges to Hilton's growth strategy, potentially delaying openings and new developments [12] - Consumer demand for services is sensitive to economic conditions, travel patterns, and discretionary spending levels, which could impact Hilton's revenues and profitability [13] Sector Comparison - Strategic Education, Inc (STRA) has a Zacks Rank 1, with a trailing four-quarter negative earnings surprise of 40.4% and a 5.6% stock gain in the past year [14] - Trip.com Group Limited (TCOM) has a Zacks Rank 1, with a trailing four-quarter earnings surprise of 42.8% and an 87.3% stock surge in the past year [15] - Universal Technical Institute, Inc (UTI) has a Zacks Rank 1, with a trailing four-quarter earnings surprise of 54.6% and an 88.8% stock hike in the past year [16]
Apple Disables AI-Generated News Summaries Amid Complaints of Made-Up Info
PYMNTS.com· 2025-01-17 17:52
Apple's AI News Summary Feature - Apple disabled the AI-generated news summaries feature in the beta version of iOS due to inaccuracies and fabricated information [1] - The feature incorrectly summarized or made up information, leading to criticism from news organizations [1][3] - Apple plans to improve the feature and reintroduce it in a future update [2] Impact on News Organizations - News organizations requested Apple to address the issue after the feature botched summaries and falsely attributed articles to them [2] - The BBC reported a false news alert summary claiming Luigi Mangione shot himself, which was incorrect [3] - Another instance involved Apple's AI falsely stating Luke Littler won the PDC World Darts Championship before the event began [3] Industry Concerns and Broader Implications - AI hallucinations, where AI systems generate plausible but inaccurate information, are a significant problem for businesses [5] - The risks of fabricated outputs are becoming more prominent as companies increasingly rely on AI for decision-making [5] - OpenAI's Whisper transcription software was found to add fabricated text, including harmful content not spoken by users [5] - Amazon faces similar challenges with hallucinations in its efforts to revamp Alexa using generative AI [6] Calls for Action - Vincent Berthier of Reporters Without Borders urged Apple to remove the feature, citing risks to media credibility and public access to reliable information [4]