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The Latest Breaking News from Bernstein

Apple Weighs Hardware Subscription For iPhones

Apple Inc (NASDAQ:AAPL) is working on a subscription service for the iPhone and other hardware products, Bloomberg reports. Apple's move could make device ownership similar to paying a monthly app fee similar to Peloton Interactive Inc (NASDAQ:PTON). A Bernstein analyst pitched the idea in 2016, saying that it could help Apple get to a…

Why Micron Shares Are Ripping Higher Today

Why Micron Shares Are Ripping Higher Today

Micron Technology Inc (NASDAQ: MU) shares are trading higher Wednesday following bullish analyst coverage from Bernstein.

Here's Why Peloton Shares Are Rising

Here's Why Peloton Shares Are Rising

Peloton Interactive Inc (NASDAQ: PTON) shares are trading higher by 9.75% at $22.17 after Bernstein initiated coverage on the stock with an Outperform rating and a $40 price target.

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Benzinga's Top Ratings Upgrades, Downgrades For March 15, 2022

AMD Analyst Turns Bullish After 10 Years; 'Valuation Downright Attractive, Execution Stellar And Earnings Power Bankable'

Advanced Micro Devices, Inc. (NASDAQ: AMD) shares are advancing on Tuesday, bucking the broader market downturn catalyzed by the escalating tensions between Russia and Ukraine. The strength seen in the shares came after an analyst at Bernstein took a bullish stance on the stock after 10 years.

DiDi To Slash 20% Workforce Ahead Of Hong Kong Listing: Report

China's Uber Technologies Inc (NYSE:UBER) counterpart DiDi Global Inc (NYSE:DIDI) looks to reduce its overall headcount by 20% as it pushes ahead with its Hong Kong listing, Bloomberg reports. Most of DiDi's core businesses will be affected by the cuts. DiDi aims to reduce expenses ahead of the Hong Kong listing. The report adds that…

Inside the trillion-dollar war on Big Food

Major packaged-food companies lost $4 billion in market share alone last year, as shoppers swerved to fresh and organic alternatives. Can the supermarket giants win you back?

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