The Latest Breaking News from Wedbush

Salesforce Inc (NYSE: CRM) reported upbeat results for its second quarter, but lowered its annual projections.

Other analysts are more optimistic, with Oppenheimer's Colin Rusch and The Future Fund's Gary Black estimating price targets of $383 and $550, respectively.

Wedbush analyst Alicia Reese maintains AMC Entertainment Holdings Inc. (NYSE: AMC) with an Underperform rating and lowered the movie theater chain's price target from $4 to $2.

Rivian Automotive Inc (NASDAQ: RIVN) shares were falling slightly Friday after the company reported impressive second-quarter revenue growth but said 2022 losses would be wider than expected.

Elon Musk has sold nearly $7 billion worth of shares in Tesla as the billionaire gets his finances in order ahead of his court battle with Twitter

 

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Someone with a lot of money to spend has taken a bullish stance on Twitter (NYSE:TWTR). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

General Motors Company (NYSE: GM) shares rebounded by 2% on Wednesday after the company reported disappointing second-quarter numbers as it struggles with parts shortages.

Microsoft on Tuesday said that its earnings in the recently ended quarter fell shy of expectations as personal computer sales suffered from production holdups in China and sagging demand. The US technology giant reported profit of $16.7 billion on revenue of $51.9 billion, topping the same quarter a year earlier…

Someone with a lot of money to spend has taken a bearish stance on Twitter (NYSE:TWTR). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.