Intuitive Surgical (ISRG) said late Tuesday it expects Q4 revenue of about $1.93 billion, up 17% compared with $1.66 billion a year earlier. Analysts polled by Capital IQ expect $1.88 billion. The company said it expects 2023 revenue of about $7.12 billion, up 14% compared with $6.22 billion a year earlier. Analysts surveyed by Capital IQ expect $7.07 billion.
Intuitive Surgical Expects Q4 Revenue to Rise Read Post »
By Eric J. Savitz Walmart is going all-in on artificial intelligence software, a development which CEO Doug McMillon laid out during the retailer’s first-ever keynote address at the CES trade show in Las Vegas on Tuesday. “We build technology to serve people and not the other way around,” McMillon said in his speech at the Venetian. “Advances in technology make it feel like anything is possible…People, our customers and associates, come first and we’ll put technology to work to serve them better than ever.” Among other things, the retail giant announced a new generative-AI-powered search experience on Apple iPhones. The new feature will allow shoppers to search by specific user cases — like holding a Super Bowl watch party, and searching for wings, beer, and a big-screen TV. Walmart also disclosed another new feature, not yet available, called Walmart InHome Replenishment. The service will allow perishable goods purchased on a
By Sarah Nassauer Drones are more likely to be buzzing overhead this year if you live in Dallas. Walmart plans to offer drone delivery to most of the region this year, a major expansion of its effort in recent years to provide the delivery option to some customers in several states. In Dallas, Walmart will partner with Wing, a unit of Alphabet, and Zipline, a global drone delivery company that works with healthcare providers and others. Walmart is currently offering drone delivery in a limited way in Dallas. After the expansion, drone delivery from Walmart will be available to about 75% of the Dallas-Fort Worth population, the company said. The drone companies handle delivery, while Walmart provides goods and access to shoppers. The Federal Aviation Administration has in recent months allowed several drone-delivery companies to fly in less restrictive ways, spurring the Dallas expansion and other developments in the industry.
Walmart Expands Drone Delivery in Dallas as It Races Amazon — WSJ Read Post »
Jefferies Financial Group (JEF) reported fiscal Q4 earnings late Monday of $0.29 per diluted share, down from $0.57 a year earlier. Two analysts surveyed by Capital IQ expected $0.22. Net revenue for the quarter ended Nov. 30 was $1.20 billion, down from $1.44 billion a year earlier. Two analysts surveyed by Capital IQ expected $1.15 billion. The company also said its board maintained a quarterly dividend of $0.30 per share, payable on Feb. 27 to shareholders of record on Feb. 16.
Jefferies Financial Group Q4 Earnings, Revenue Fall; Declares Dividend Read Post »
Citigroup (NYSE:C) Stock Analyst Ratings Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating 01/09/2024 12.13% HSBC → $61 Upgrades Hold → Buy 01/03/2024 6.62% Wolfe Research → $58 Upgrades Peer Perform → Outperform 01/02/2024 15.81% Barclays $59 → $63 Maintains Equal-Weight 12/19/2023 -4.41% Goldman Sachs $47 → $52 Maintains Neutral 12/01/2023 -13.6% Goldman Sachs $41 → $47 Maintains Neutral 11/16/2023 56.25% Oppenheimer $82 → $85 Maintains Outperform 10/16/2023 -17.28% Piper Sandler $47 → $45 Maintains Neutral 10/16/2023 21.32% BMO Capital $61 → $66 Maintains Outperform 10/16/2023 50.74% Oppenheimer $81 → $82 Maintains Outperform 10/03/2023 -20.96% Morgan Stanley $45 → $43 Maintains Underweight 10/02/2023 -24.63% Goldman Sachs $47 → $41 Maintains Neutral 09/26/2023 48.9% Oppenheimer $85 → $81 Maintains Outperform 09/20/2023 -13.6% RBC Capital $51 → $47 Maintains Outperform 09/15/2023 -13.6% Piper Sandler $50 → $47 Maintains Neutral 09/07/2023 -20.96% HSBC → $43 Initiates Coverage On
Citigroup (NYSE:C) Stock Analyst Ratings Read Post »
Exxon Mobil (NYSE:XOM) stock Analyst Ratings Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating 01/09/2024 17.59% Redburn Atlantic $116 → $119 Upgrades Neutral → Buy 01/03/2024 15.61% Mizuho → $117 Downgrades Buy → Neutral 12/22/2023 — Erste Group Downgrades Buy → Hold 12/14/2023 31.42% UBS $138 → $133 Maintains Buy 12/08/2023 25.49% JP Morgan $134 → $127 Maintains Overweight 12/07/2023 18.58% RBC Capital → $120 Reiterates Sector Perform → Sector Perform 11/14/2023 31.42% Mizuho $139 → $133 Maintains Buy 11/02/2023 40.32% UBS $143 → $142 Maintains Buy 10/25/2023 32.41% JP Morgan $137 → $134 Maintains Overweight 10/17/2023 38.34% Bernstein → $140 Initiates Coverage On → Outperform 10/12/2023 43.28% Jefferies $140 → $145 Maintains Buy 10/12/2023 18.58% RBC Capital → $120 Reiterates Sector Perform → Sector Perform 10/12/2023 29.45% Truist Securities $110 → $131 Upgrades Hold → Buy 10/04/2023 41.3% UBS $139 → $143 Maintains Buy
Exxon Mobil (NYSE:XOM) stock Analyst Ratings Read Post »
CrowdStrike (NASDAQ:CRWD) Stock Analyst Ratings Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating 01/09/2024 14.07% Morgan Stanley $203 → $304 Upgrades Equal-Weight → Overweight 01/05/2024 12.57% Oppenheimer $240 → $300 Maintains Outperform 12/21/2023 18.2% Rosenblatt $245 → $315 Maintains Buy 12/21/2023 21.95% Needham $250 → $325 Maintains Buy 12/15/2023 1.31% BMO Capital $238 → $270 Maintains Outperform 12/15/2023 3.19% Mizuho $225 → $275 Maintains Buy 12/11/2023 0.94% JP Morgan $230 → $269 Maintains Overweight 11/30/2023 -16.7% Goldman Sachs $195 → $222 Maintains Buy 11/29/2023 -13.7% Truist Securities → $230 Reiterates Buy → Buy 11/29/2023 -15.57% Mizuho $205 → $225 Maintains Buy 11/29/2023 -9.94% Stifel $225 → $240 Maintains Buy 11/29/2023 -11.82% JMP Securities → $235 Reiterates Market Outperform → Market Outperform 11/29/2023 -23.83% Morgan Stanley $187 → $203 Maintains Equal-Weight 11/29/2023 -9.94% Canaccord Genuity $221 → $240 Maintains Buy 11/29/2023 -8.07% Piper Sandler $210 →
CrowdStrike (NASDAQ:CRWD) Stock Analyst Ratings Read Post »
Morgan Stanley (NYSE:MS) Stock Analyst Ratings Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating 01/09/2024 3.06% HSBC → $96 Downgrades Buy → Hold 01/04/2024 7.35% B of A Securities $95 → $100 Maintains Buy 01/02/2024 24.53% Barclays $102 → $116 Maintains Overweight 12/21/2023 -8.75% RBC Capital → $85 Reiterates Sector Perform → Sector Perform 12/19/2023 7.35% Goldman Sachs $89 → $100 Maintains Buy 11/28/2023 -14.12% Societe Generale → $80 Downgrades Buy → Hold 11/20/2023 -8.75% Exane BNP Paribas → $85 Downgrades Outperform → Neutral 11/16/2023 10.57% Oppenheimer $98 → $103 Maintains Outperform 10/23/2023 -15.03% Odeon Capital → $79.15 Downgrades Buy → Hold 10/20/2023 — Wolfe Research Upgrades Underperform → Peer Perform 10/19/2023 4.13% Evercore ISI Group $102 → $97 Maintains Outperform 10/19/2023 8.43% BMO Capital $102 → $101 Maintains Outperform 10/19/2023 5.21% Oppenheimer $100 → $98 Maintains Outperform 10/11/2023 -9.82% UBS $110 → $84 Downgrades
Morgan Stanley (NYSE:MS) Stock Analyst Ratings Read Post »
Netflix, Inc. (NASDAQ: NFLX) Stock Analyst Ratings Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating 01/09/2024 5.25% Citigroup → $500 Downgrades Buy → Neutral 12/28/2023 10.51% Keybanc $510 → $525 Maintains Overweight 12/22/2023 4.2% DZ Bank → $495 Downgrades Buy → Hold 12/21/2023 10.51% Wedbush → $525 Reiterates Outperform → Outperform 12/18/2023 15.77% Morgan Stanley $475 → $550 Maintains Overweight 10/19/2023 -0.01% Morgan Stanley $430 → $475 Upgrades Equal-Weight → Overweight 10/19/2023 1.04% JP Morgan $455 → $480 Maintains Overweight 10/19/2023 -3.17% Guggenheim → $460 Reiterates Buy → Buy 10/19/2023 10.51% Wedbush → $525 Reiterates Outperform → Outperform 10/19/2023 -2.12% Truist Securities $430 → $465 Upgrades Hold → Buy 10/19/2023 -0.01% Oppenheimer $470 → $475 Maintains Outperform 10/19/2023 -14.96% Rosenblatt $400 → $404 Maintains Neutral 10/19/2023 7.35% Keybanc → $510 Upgrades Sector Weight → Overweight 10/17/2023 -9.49% Truist Securities $485 → $430 Maintains Hold 10/16/2023
Netflix, Inc. (NASDAQ: NFLX) Stock Analyst Ratings Read Post »
Citigroup analyst Jason Bazinet downgrades Netflix (NASDAQ:NFLX) from Buy to Neutral and announces $500 price target.
Citigroup announces Netflix (NASDAQ:NFLX) $500 price target Read Post »
Airbnb (NASDAQ:ABNB) Stock Analyst Ratings Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating 01/09/2024 -3.42% BMO Capital → $134 Initiates Coverage On → Market Perform 12/12/2023 -27.93% Barclays $135 → $100 Downgrades Equal-Weight → Underweight 12/08/2023 — DBS Bank Downgrades Buy → Hold 11/29/2023 0.9% Jefferies $155 → $140 Downgrades Buy → Hold 11/17/2023 -1.98% Evercore ISI Group → $136 Downgrades Outperform → In-Line 11/03/2023 15.32% Susquehanna $165 → $160 Maintains Positive 11/02/2023 -14.95% JP Morgan $130 → $118 Maintains Neutral 11/02/2023 -11.35% Piper Sandler $142 → $123 Maintains Neutral 11/02/2023 -24.32% Morgan Stanley $110 → $105 Maintains Underweight 11/02/2023 -2.7% Wedbush $145 → $135 Maintains Neutral 11/02/2023 8.11% Needham $160 → $150 Maintains Buy 10/31/2023 -6.31% Mizuho $150 → $130 Maintains Neutral 10/24/2023 — Seaport Global Initiates Coverage On → Neutral 10/03/2023 — Keybanc Downgrades Overweight → Sector Weight 09/15/2023 -9.19% Truist Securities $116
Airbnb (NASDAQ:ABNB) Stock Analyst Ratings Read Post »
By Eric J. Savitz Intel and other PC players are planning a big push in 2024 for AI-capable PCs. Intel, Qualcomm and Advanced Micro Devices all plan to roll out new chips that include neural networking features that can handle artificial intelligence applications. HP, Dell, Lenovo and other PC makers are likewise getting ready to roll out their first AI personal computers. All of those companies will be talking about AI at this year’s CES trade show, taking place this week in Las Vegas. But the applications of AI go well beyond the PC. Ergo, Intel on Tuesday unveiled plans to bring the AI PC to the car. The chip maker announced its first-generation system on a chip, or SOC, for what the auto industry calls “software defined vehicles,” using the same chips it recently launched for AI PCs. Intel also announced its first customer for the new SOC —
Intel Unveils Plan to Bring the AI Personal Computer to Your Next Car — Barrons.com Read Post »