Articles

  • 6 days ago | cnbc.com | Lisa Kailai Han

    Wall Street is optimistic that SharkNinja will be able to move its sourcing completely out of China. The company, which manufactures appliances such as vacuums and the Ninja Creami ice cream maker, rallied nearly13% on Thursday following a first-quarter earnings beat. SharkNinja raised its guidance for its fiscal year earnings, revenue growth and adjusted EBITDA estimates. Analysts applauded not only SharkNinja's results, but also its plans to fully diversify out of China before year's end.

  • 1 week ago | cnbc.com | Lisa Kailai Han

    Goldman Sachs is bullish on Lyft following its latest earnings report. Analyst Eric Sheridan upgraded the ride-hailing stock to buy from neutral. Sheridan's 12-month price target of $20, up from $19, implies that shares could rally 54% from Thursday's close. Lyft posted adjusted EBITDA of $106.5 million for the first quarter, beating FactSet's estimate of $92.4 million.

  • 1 week ago | cnbc.com | Lisa Kailai Han

    Expedia shares could be in trouble, according to Piper Sandler. The bank downgraded shares of the travel company to underweight from neutral. Analyst Thomas Champion also lowered his price forecast of $135, down from $174, implies that shares of Expedia could decline 20% from Thursday's close. The downgrade comes after Expedia reported mixed first-quarter results. While earnings exceeded expectations, revenue came in slightly below a FactSet estimate.

  • 1 week ago | cnbc.com | Lisa Kailai Han

    Boeing shares could rally ahead as the aerospace giant is able to navigate the changing tariff environment, according to UBS. The bank raised its 12-month price target on the aerospace stock to $226 from $207, implying upside of 18% from Thursday's close. Analyst Gavin Parsons has a buy rating on Boeing. Parsons' target change comes after the U.S. unveiled the framework for a trade deal with the United Kingdom .

  • 1 week ago | cnbc.com | Lisa Kailai Han

    Wall Street's more bearish investors believe that Alphabet could be facing an uphill battle of disruption. Shares of Alphabet sank 7% on Wednesday after Eddy Cue, senior vice president of services at Apple, said Apple was "actively looking at" reshaping its Safari web browser to focus on search functions powered by artificial intelligence, according to a report by Bloomberg . GOOGL YTD mountain GOOGL YTD chart Cue's remarks came in testimony in the Justice Department's lawsuit against Apple.

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Lisa Kailai Han
Lisa Kailai Han @lisakailaihan
16 Oct 23

RT @jacqmelinek: when I die put one of these pizzas in my casket just in case https://t.co/alzZIfXHlZ

Lisa Kailai Han
Lisa Kailai Han @lisakailaihan
7 Sep 23

RT @ajlatrace: Hard to believe this was already a year ago... I stopped by the Insider office at One Liberty Plaza and spent the day with @…

Lisa Kailai Han
Lisa Kailai Han @lisakailaihan
7 Oct 22

RT @morgan_chittum: back from OOO so had to bless the TL w/ this @TechCrunch & @BusinessInsider reporter crossover pic https://t.co/yvEnIqR…