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The Latest Breaking News from FactSet

Skechers Breaks Out To Record High On 30% Earnings Jump, Hiked Outlook

SKX stock leapt to a new high Friday after crushing Q1 earnings and posting record revenue. Skechers has a new 2024 earnings forecast.

Investors Business Daily

Western Digital Earnings Beat Targets But Shares Push Lower

Western Digital stock dipped late Thursday, despite the data storage company reporting fiscal Q3 earnings that topped views.

Investors Business Daily

Snap Stock Soars On Earnings Beat, 'Massive Reacceleration' For Sales Growth

Snap stock surged Friday, after the Snapchat parent company reported Q1 earnings and sales that exceeded views.

Investors Business Daily

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Chipotle, IBD Stock Of The Day, Breaks Out, But Could Become Much Cheaper In June

Chipotle stock spikes above a buy point as analysts hike price targets on its Q1 earnings beat. Restaurants follow CMG stock higher.

Investors Business Daily

Royal Caribbean Climbs In Buy Zone, Hikes Outlook On Strong Demand

Royal Caribbean hiked its full-year earnings outlook after Q1 results cleared forecasts. RCL stock advanced higher in a buy zone.

Investors Business Daily

Why Big Pharma Is Following Novartis' Lead In A $25 Billion Market

Novartis paved the way for radiopharmaceuticals. Now, Big Pharma thinks it can do better — and biotech stocks have soared on a spate of deals.

Investors Business Daily

Meta Stock Crashes Despite Strong Report. 'AI Fever Claims Yet Another Victim.'

Meta stock sank late Wednesday, despite the social media giant reporting a better-than-expected Q1.

Investors Business Daily

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IBD Stock Of The Day Medpace Flirts With Breakout After Big Earnings Reversal

Medpace is Wednesday's IBD Stock Of The Day. Medpace stock reversed Tuesday after a mixed first-quarter report.

Investors Business Daily

Visa Helps Lift Dow, Price Targets Hiked On Expected Growth Acceleration

Analysts lift price targets for Visa stock after the Dow Jones payment giant topped Q2 estimates and provided an upbeat outlook.

Investors Business Daily

Seagate Reports Mixed Quarter, Forecasts Return To Sales Growth

Seagate stock was trading slightly higher late Tuesday, after the hard drive maker reported mixed March quarter results.

Investors Business Daily

S&P 500 Earnings Growth Rests On These 5 Magnificent Seven Stocks

S&P 500: Positive Q1 earnings growth for the S&P 500 rests on these five Magnificent Seven stocks, including Alphabet, Meta and Microsoft, which report this week.

Investors Business Daily

Meta Earnings Watch: AI Push, Spending, Ads Growth In Spotlight

The stakes are high for Meta stock as the Facebook parent company is set to release Q1 earnings late Wednesday.

Investors Business Daily

Is Elon Musk About To Force Everyone To View Tesla As An AI Company After Earnings?

Tesla is hitting fresh 52-week lows ahead of Q1 earnings Tuesday as Elon Musk keeps hinting at refocus.

Investors Business Daily

Bitcoin, ASML, TSMC, And Netflix Take Wall Street For A Wild Wide. What Is Next?

Bitcoin "halving," and earnings from ASML Holding, Taiwan Semiconductor Manufacturing Co, and Netflix took Wall Street for a wild ride last week, with the CBOE Volatility Index spiking close to 25%.

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Investors Business Daily

EBay Stock Rises As Analyst Turns Bullish On Generative AI Potential

EBay stock got a double upgrade to a buy rating from analysts at Morgan Stanley, who are bullish on firm's AI efforts.

Investors Business Daily

Elon Musk Says 'Blindingly Obvious' To Go All In On Autonomy. Cathie Wood Keeps Buying Tesla Stock.

Elon Musk took to X claiming it makes sense to focus on autonomous driving. Cathie Wood bought more Tesla stock Tuesday as it hit a 2024 low.

Investors Business Daily

United Leads Airline Rally On Earnings, Records $200 Million Hit From Boeing Grounding

Airlines followed UAL stock higher Wednesday. United Airlines reported a better-than-expected loss despite Boeing issues.

Investors Business Daily

Abbott Undercuts Its 200-Day Line And A Flat Base Despite Its 'Solid' Quarterly Report

Abbott Laboratories came in Wednesday with a "solid" first-quarter report that included a guidance raise, but Abbott stock slipped.

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Investors Business Daily

Chip Gear Giant ASML Misses Q1 Sales Goal, Offers Soft Outlook

Semiconductor equipment leader ASML beat estimates for earnings in the first quarter but missed views on sales.

Investors Business Daily

Meta Price-Target Hikes Put The Facebook Parent At 600 And Beyond

With first quarter earnings due next week for Meta, some analysts are setting target prices above 600.

Investors Business Daily

Tesla Stock Heads For 2024 Lows As Investors Await Q1 Earnings For Clarity On Elon Musk's Big Bet On Autonomy

Tesla stock angled lower Tuesday, on pace to hit new lows for the year following news of layoffs and confirmation Tesla has delayed next-gen vehicle plans.

Investors Business Daily

Bank Of America Rebound Hinges On Today's Action; Morgan Stanley Surges On Earnings

Bank of America could be a buy or a sell on post-earnings action. Morgan Stanley reports first EPS gain in eight quarters.

Investors Business Daily

This Is How Bad 3 Sectors' Profits Would Be Without Meta, Nvidia, Amazon

Analysts project first quarter earnings growth of 0.9% for the S&P 500. Nvidia, Meta and Amazon will likely be the biggest contributors to three S&P sectors.

Investors Business Daily

On Running, IBD Stock Of The Day, Nears Entry As Hot Retail Sales Lift Footwear Stocks

ONON stock nears a buy point as Swiss shoemaker On Running pulls back from March highs. Footwear stocks rise on retail sales data.

Investors Business Daily

Tesla Cuts 'More Than 10%' Of Employees; Top Execs Depart As EV Giant Prepares For 'Next Phase Of Growth'

Tesla stock fell early Monday as Tesla cut its global workforce by more than 10%, the latest sign 2024 is difficult for business.

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