Apple Stock Is Resilient Despite Weak Guidance as Investors Refocus on AI
A management forecast implied March quarter revenue will fall 5% from a year earlier, with a drop of nearly 10% in iPhone sales.
Source: marketwatch.com
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NIO, XPeng, and Li Auto Stocks Rise as Deliveries Fall. Tesla Also Heads Higher.
Combined deliveries in January from NIO, Li Auto, and XPeng total 49,470 units, down 44% from December.
Source: marketwatch.com
Target Stock Can Rally 25%, Goldman Sachs Says
Goldman Sachs analyst Kate McShane added the retailer Target to Goldman Sachs’ Conviction List, with a Buy rating.
Source: marketwatch.com
AT&T Stock Gets Upgrade by J.P. Morgan, and Is Catching Up With Verizon
AT&T stock appears to be catching up with its rival Verizon Wireless, whose stock gains had pulled ahead of AT&T in the first month of the year.
Source: marketwatch.com
C.H. Robinson Stock Is S&P 500's Worst Performer Thursday. Freight Demand Is Weak.
The transportation company saw quarterly earnings fall sharply from a year ago.
Source: marketwatch.com