As of Jan. 29, 2025, two stocks in the communication services sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions. The RSI is a momentum indicator, which compares a…
Money
Nokia Corporation (NYSE:NOK) shares are trading higher premarket on Monday. The company disclosed several deals today. The company disclosed that it had been selected by the London Internet Exchange to provide advanced DDoS protection using its Deepfield security solution. Nokia’s…
U.S. stocks were mixed, with the Dow Jones index falling around 100 points on Friday. Shares of Customers Bancorp, Inc. (NYSE:CUBI) rose sharply during Friday's session following upbeat quarterly earnings. Customers Bancorp posted quarterly core earnings of $1.36 per share,…
Alcoa Corporation (NYSE:AA) will release its fourth-quarter financial results, after the closing bell, on Wednesday, Jan. 22, 2025. Analysts expect the Pittsburgh, Pennsylvania-based company to report quarterly earnings at $1.01 per share, versus a year-ago loss of 56 cents per…
Keefe, Bruyette & Woods analyst Aidan Hall raised the price forecast on BlackRock, Inc. (NYSE:BLK) to $1,180 from $1,160 while maintaining an Outperform rating. On Wednesday, the investment giant reported fourth-quarter results, with revenue of $5.68 billion, beating the consensus of $5.53 billion…
Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades, downgrades and initiations, please see our analyst ratings page. Evercore ISI Group analyst James West downgraded Schlumberger Limited…
Bank of America Corporation (NYSE:BAC) will release earnings for its fourth quarter, before the opening bell on Thursday, Jan. 16. Analysts expect the Charlotte, North Carolina-based company to report quarterly earnings at 77 cents per share. That's up from 35…
U.S. Bancorp (NYSE:USB) will release its fourth-quarter financial results before the opening bell on Thursday, Jan. 16. Analysts expect the Minneapolis, Minnesota-based company to report quarterly earnings at $1.05 per share, up from 49 cents per share in the year-ago…
On Wednesday, Samsung Electronics (OTC:SSNLF) announced its earnings guidance for the fourth quarter of 2024. The company expects quarterly sales of $51.38 billion (75 trillion Korean won versus 67.78 trillion Korean a year ago) and operating profit of 6.5 trillion…
GEE Group Inc. (AMEX:JOB) shares are surging premarket on Monday after the company acquired Hornet Staffing, Inc., a provider of IT, professional, and customer service staffing solutions for large-scale clients, for an undisclosed amount. GEE Group purchased 100% of Hornet’s…
