Tuesday, May 5

Blog

Stocks making the biggest moves premarket: LULU, DOCU, WOOF, ULTA
Business

Stocks making the biggest moves premarket: LULU, DOCU, WOOF, ULTA

Check out the companies making headlines before the bell. Lululemon – Shares popped 9% after the athletic apparel retailer topped Wall Street's estimates for the fiscal third quarter and shared in-line holiday guidance. Samsara – The stock moved more than 9% lower after the software company reported lukewarm guidance for the fourth quarter. For the period, Samsara expects earnings of 7 to 8 cents per share and revenues to come in between $334 million and $336 million. Analysts surveyed by LSEG were expecting 6 cents per share on revenue of $336 million. The company did beat earnings and revenue estimates for the third quarter, however. DocuSign – Shares of the e-signature company added 1.3% after DocuSign said it sees fourth-quarter revenue between $758 million and $762 million. The consen...
Iran, Hezbollah aim to bolster Assad as rebels bear down on Homs
World News

Iran, Hezbollah aim to bolster Assad as rebels bear down on Homs

By Maya Gebeily, Suleiman Al-Khalidi and Parisa Hafezi, Reuters Rebel forces pictured outside Aleppo last week. Photo: AFP / BAKR ALKASEM Rebel group's leader aims to 'build Syria', return refugees Israeli airstrikes target Lebanon-Syria border crossings Rebels' offensive catches Assad government off guard Residents flee Homs for pro-Assad coastal region Russian forces destroy bridge to hamper rebel progress Iran, Hezbollah say they are stepping up help to Assad Iran will send missiles, drones and more advisers to Syria, a senior Iranian official said on Friday (local time), as rebel forces pushed their lightning offensive south towards the city of Homs in the biggest challenge for years to President Bashar al-Assad's rule. Seizing Homs would cut off Syria's capital Damascus ...
Friday’s Wall Street analyst calls like Nvidia
Business

Friday’s Wall Street analyst calls like Nvidia

Here are the biggest calls on Wall Street on Friday: Goldman Sachs upgrades Robinhood to buy from neutral Goldman says Robinhood has "best in class earnings growth." "We assume coverage of Robinhood Markets (HOOD), and upgrade it to Buy from Neutral, with a $46 price target.." Jefferies downgrades Deere to hold from buy Jefferies downgraded the stock mainly on valuation. "We downgrade the shares of Deere from BUY to HOLD primarily on valuation as the stock has run following the 4Q24 earnings results." BMO upgrades Republic Services to outperform from market perform BMO says the waste company is a top idea heading into 2025. " RSG continues to perform well, and we believe the company has the cleanest setup for 2025 among peers." UBS upgrades Kingsoft Cloud to buy from neutral UBS says growt...
Mumbai: Poor air quality triggering rise in allergic cough, cold cases in adults
Health

Mumbai: Poor air quality triggering rise in allergic cough, cold cases in adults

Not only skin and eye infections but cases of allergic cough and cold cases are also rising among adults aged 30-65 due to air pollution. This surge, attributed to the city`s worsening air pollution and winter smog, has left experts grappling with an influx of patients seeking relief from persistent allergic coughs and colds that are triggered by an overreaction of the immune system because of environmental irritants. Experts advised to stay indoors when the air quality is poor in the area, wear masks, and use a purifier at home. As the air quality in Mumbai is deteriorating day by day, the increased air pollution is creating havoc on one’s respiratory health. Dr Nimit Nagda, general physician at Zynova Shalby Hospital in Ghatkopar said, “The spike in cases of allergic cough and cold in ad...
Arctic foreign policy says new envoy, consulates will help boost security – National
Politics

Arctic foreign policy says new envoy, consulates will help boost security – National

Canada will appoint a new Arctic ambassador and set up two new diplomatic missions in Alaska and Greenland to boost its presence in the North as its seeks to increase its security posture against foreign threats and climate change, the government announced Friday. The new Arctic foreign policy also sets out plans for increased engagement with the United States and Nordic nations like Sweden and Finland, strengthening research security, and improved information sharing with local and Indigenous governments on developing security threats, including foreign interference.The policy is part of the government’s renewed focus on Arctic security, as actors like Russia and China further encroach on Canada’s sovereignty, and the North is increasingly identified as a potential security vulnerability....
After marriage with Sobhita, Naga Chaitanya reveals his ideal family life
Entertainment, Movies

After marriage with Sobhita, Naga Chaitanya reveals his ideal family life

The charismatic and charming Naga Chaitanya is under the spotlight in the upcoming episode of Prime Video’s The Rana Daggubati Show. Following the success of his maiden streaming series, Dhootha, and his much-awaited film, Thandel, the star talks about wedding nuptials with actress Sobhita Dhulipala. Naga Chaitanya let down his guard as Rana Daggubati, his cousin and host of the talk show, made him spill the beans. Here are five unmissable moments from this must-watch episode that will keep you hooked: 1. Chay’s Ideal Family Life“When I’m 50 years old, I want to be happily married with a couple of kids, maybe one or two. I’d love to take them racing and go-karting. And relive the special moments of my childhood.”  2. Few Friends in the IndustryWhen asked by Rana about not having many f...
Jobs report November 2024:
Business

Jobs report November 2024:

Job creation in November rebounded from a near-standstill the prior month as the effects of a significant labor strike and violent storms in the Southeast receded, the Bureau of Labor Statistics reported Friday.Nonfarm payrolls increased by 227,000 for the month, compared to an upwardly revised 36,000 in October and the Dow Jones consensus estimate for 214,000.The unemployment rate, however, edged higher to 4.2%, as expected. The unemployment rate rose as the labor force participation rate edged lower and the labor force itself declined. A broader measure that includes discouraged workers and those holding part-time jobs for economic reasons edged higher to 7.8%.Job gains were focused in health care (54,000), leisure and hospitality (53,000) and government (33,000), sectors that have consi...
5 things to know before the stock market opens Friday, December 6
Business

5 things to know before the stock market opens Friday, December 6

Here are five key things investors need to know to start the trading day:1. Record slipStocks moved lower Thursday, retreating from the records the major indexes hit in the previous trading session. The Dow Jones Industrial Average dropped 248.33 points, or 0.55%, while, the Nasdaq Composite dipped 0.18% and the S&P 500 slipped 0.19%. Bitcoin, meanwhile, also traded a bit lower, falling below $100,000 after it climbed above that threshold for the first time late Wednesday. Follow live market updates.2. Jobs timeHiring signage displayed at a job and resource fair hosted by the Mountain Area Workforce Development Board in partnership with NCWorks in Hendersonville, North Carolina, US, on Tuesday, Nov. 19, 2024. Allison Joyce | Bloomberg | Getty ImagesIt's the first Friday of December, wh...
Goldman Sachs upgrades HOOD
Business

Goldman Sachs upgrades HOOD

Watch Robinhood stock as the company embarks on an ambitious growth plan, Goldman Sachs said. The bank upgraded online brokerage to buy from neutral. Its $46 per share price target, up from $40, implies 18% upside from Thursday's close. Robinhood held its first ever investor day on Wednesday, which was viewed largely positively from analysts on Wall Street . The company laid out a 10 year company outlook for investors, which included initiatives such as growing its crypto exchange business and a goal of becoming the top active trading platform within the next 24 months. HOOD YTD mountain Robinhood stock. "HOOD has successfully migrated from a fast growing, periodically profitable online broker servicing mostly younger investors, to a best-in-class top and bottom-line asset under custody co...
Chevron to take up to $1.5 billion in fourth-quarter charges
Business

Chevron to take up to $1.5 billion in fourth-quarter charges

A Chevron gas station in Richmond, California, US, on Wednesday, June 19, 2024. David Paul Morris | Bloomberg | Getty ImagesU.S. oil producer Chevron on Thursday said it will take up to $1.5 billion in fourth-quarter charges for restructuring, asset impairments and property sales costs.Much of the charges are for job cuts and relocations planned for the next two years, the company said in a statement. Chevron did not disclose how many jobs would be lost among its 45,000 workers.The cost cutting and asset sales come amid a year-long profit slide that required borrowing to cover shareholder payouts. The No. 2 U.S. oil producer earlier said it aimed to cut up to $3 billion in costs through 2026.Oil companies have turned to acquisitions to lift reserves and output, requiring less expenditures ...