Page 89 - Street Notes News Today

No one wants to buy bank stocks ahead of a recession, says UBS analyst Erika Najarian.

The home improvement market’s traditionally strong spring season has been a lackluster one.

The stocks stellar performance arrives a day after the company posted a narrower-than-expected loss for its first quarter.

CFO Grant Brown said Wednesday that revenue is likely to rise despite continuing weakness in the markets the chip maker serves.

Ford reported first quarter operating profit of $3.4 billion, up from $2.3 billion a year ago. Wall Street was looking for $2.5 billion. Now analysts are weighing in on Fords results.

The company said the purpose of the reduction is to "position itself for long-term and profitable growth."

The education company warned that increasingly more students are turning to OpenAI’s ChatGPT for help with their homework, hurting its own new customer growth rate in March.

The education company warned that increasingly more students are turning to OpenAI’s ChatGPT for help with their homework, hurting its own new customer growth rate in March.

Jefferies analyst Desh Peramunetilleke says cheap stocks set to benefit from China’s rebound include Keysight, Qualcomm, Agilent, Danaher, and Corning.

The chip maker is scheduled to disclose its financial results after the close of trading on Tuesday.