McDonald’s (NYSE:MCD) Japan will raise prices for some products from January. Japan’s McDonald’s said on Friday it would raise prices for about 80 percent of its menu from Jan. 16 due to currency fluctuations and soaring costs of raw materials, labor, transportation and energy.
McDonald’s (NYSE:MCD) Japan will raise prices for some products from January Read Post »
American chip designer Qualcomm (NASDAQ:QCOM) and cloud software company Salesforce (NYSE:CRM) said Thursday that the two companies plan to develop a new connected car platform for automakers. The car platform for internet access will purportedly use Qualcomm’s Snapdragon digital chassis and Salesforce’s cloud services to help automakers personalize user experiences using real-time data.
Strategy Analytics, a market research and consulting organization, released a report pointing out that the automotive field is one of Qualcomm’s fastest growing businesses. Qualcomm reached approximately $1.5 billion in automotive revenue in calendar year 2022, accounting for about a quarter of the total revenue in the field. By 2031, automotive revenue will grow at a CAGR of 25% to more than $9 billion.
According to Tesla (NASDAQ:TSLA) China’s official website, Tesla’s domestic models have been significantly reduced, with Model 3 starting at 229,900 yuan and Model Y starting at 259,900 yuan.
The price of Tesla’s (NASDAQ:TSLA) the Model 3 cuts to CNY 229,900 Read Post »
Costco Wholesale (NASDAQ:COST) saw total same-store sales up 5.5% in December 2022, versus analyst expectations for a 5.0% increase.
Costco Wholesale (NASDAQ:COST) saw total same-store sales up 5.5% in December 2022 Read Post »
Intel’s self-driving company Mobileye Global said Thursday that its advanced driver assistance systems (ADAS) products will generate more than $17 billion in revenue by 2030. Mobileye said it will continue to test its self-driving car technology in 2023, expecting to reach 1.2 million vehicles based on its latest SuperVision product by 2026.
Mobileye expects revenue from assisted driving products to reach $17 billion by 2030 Read Post »
Tigress Financial analyst Ivan Feinseth told investors in a research note that Apple’s recent production headwinds provide investors with a long-term buying opportunity. The analyst said the company’s “large” installed user base, expanding ecosystem and growing service revenue will continue to drive accelerating trends and create greater shareholder value. He said that Apple is still innovating, constantly introducing new products and preparing to launch a mixed reality headset in early 2023. The analyst reiterated a strong buy rating on the stock, with a $210 price target.
Jefferies Sets New $200 Price Target for Lululemon (NASDAQ:LULU).
Jefferies Sets New $200 Price Target for Lululemon (NASDAQ:LULU) Read Post »
Telsey Advisory Group Adjusts Price Target on Lululemon Athletica to $425 From $470, Maintains Outperform Rating.
Lululemon Athletica Inc. (NASDAQ:LULU) Stock price trend forecast and trading range: I personally sold my position at $334 and escaped today’s big decline. Updated to: 2023.1.9 (Note: The upper red line in the picture is the resistance, and the lower red line is the support) Analysis from stock chart —————————————————————- Short-term trend: down Sell high and buy low of range : $285 – $300 Support: $280 resistance: $300 Stop Loss Price: $280 price target: $300 Buy the position again: stop fall and rise to $280 Medium-term trend: down High sell low buy range: $285 – $300 Support: $280 resistance: $300 Stop Loss price: $280 price target: $300 Buy the position again: stop fall and rise to $280 Long-term trend: rebound High sell low buy of range: $250 – $350 Support : $250 resistance: $350 Stop Loss price: $250 price target : $350 Buy the position again: stop fall From Analysis
January 9, 2023 – lululemon athletica inc. (NASDAQ:LULU) today announced that, for the fourth quarter of fiscal 2022, the Company now expects that net revenue will be in the range of $2.660 billion to $2.700 billion, representing a 25%-27% increase compared to the fourth quarter of fiscal 2021. The previous guidance range was $2.605 billion to $2.655 billion. Diluted earnings per share are now expected to be in the range of $4.22 to $4.27 for the fourth quarter of fiscal 2022 compared to the Company’s previous guidance range of $4.20 to $4.30. The Company also said it now expects gross margin for the fourth quarter of fiscal 2022 to decline 90-110 basis points compared to its previous expectation for an increase of 10-20 basis points. However, the Company now expects that it will further leverage selling, general and administrative expenses 100-120 basis points compared to its previous expectation of 30-50 basis
Roku, Inc. (NASDAQ:ROKU) Equities researchers at William Blair lowered their Q1 2023 earnings estimates for shares of Roku in a report issued on Wednesday, January 4th. William Blair analyst R. Schackart now forecasts that the company will post EPS of $1.59 for the quarter, down from their previous forecast of ($1.55). The consensus estimate for Roku’s current full-year earnings is $3.66.
Roku (NASDAQ:ROKU) to Post Q1 2023 EPS of $1.59 at William Blair Forecasts Read Post »