Analyst Louis Miscioscia from Daiwa Capital Markets has raised his rating on computer maker Dell (ticker: DELL), citing improving demand. In a research note, Miscioscia upgraded shares of Dell to Outperform from Neutral and increased his price target to $80 from $50, implying a gain of 16% from the stock's closing price on Monday. According to Miscioscia, the demand slowdown … [Read more...] about Dell Technologies: Analyst Upgrades Rating on Improving Demand
Investor Interest in Arm Holdings PLC Dips After Strong Debut
Arm Holdings PLC, a leading semiconductor design company, has experienced a decline in investor interest following its impressive initial public offering (IPO) debut. The company's stock (ARM, -4.40%) recorded its third consecutive loss on Tuesday, falling by 4.1% in midday trading and losing a total of 12.5% over the past three sessions. During its first day of trading, Arm … [Read more...] about Investor Interest in Arm Holdings PLC Dips After Strong Debut
The Potential Government Shutdown: Should Investors Be Concerned?
With less than two weeks remaining for Congress to reach a budget agreement for the U.S. federal government before the Oct. 1 deadline, the impending issue is expected to dominate headlines and political discussions. However, investors are advised not to overreact as history suggests that this shutdown too shall pass. Treasury Secretary Janet Yellen expressed her views on the … [Read more...] about The Potential Government Shutdown: Should Investors Be Concerned?
Instacart: A Test for Investors’ Appetite in the Gig Economy
The online grocery delivery company, Instacart, is making waves in the retail brokerage accounts as it prepares for its initial public offering (IPO). Set to trade under the ticker symbol "CART," Instacart's valuation is set at approximately $9.6 billion, according to a recent filing. This valuation represents a significant increase from its previous assessments, reflecting the … [Read more...] about Instacart: A Test for Investors’ Appetite in the Gig Economy
Swiss Steel Holding’s Earnings Target for 2023 Becomes Unattainable
Shares in Swiss Steel Holding took a substantial hit on Monday following the company's announcement that it will no longer be able to achieve its earnings target for 2023. The anticipated recovery in European demand failed to materialize, leading to this significant setback. As of 1050 GMT, shares were down by 9.5% at CHF0.11, reflecting the market's reaction to this … [Read more...] about Swiss Steel Holding’s Earnings Target for 2023 Becomes Unattainable
