Sirisha Bhogaraju

1 week ago | tipranks.com | Sirisha Bhogaraju

Ride-sharing and delivery platform Uber Technologies (UBER) is scheduled to announce its results for the first quarter of 2025 on May 7. Ahead of the results, many top analysts have reiterated their Buy ratings on UBER stock, but some have slashed their price targets to reflect the ongoing macro uncertainties. On Tuesday, KeyBanc analyst Justin Patterson reduced his price target for Uber Technologies stock to $80 from $85 but reiterated a Buy rating on the stock.

1 week ago | tipranks.com | Sirisha Bhogaraju

The chaos around tariffs has shaken the magnificent 7 stocks. These Magnificent 7 stocks: Alphabet (GOOGL), Amazon (AMZN), Apple (AAPL), Meta Platforms (META),  Microsoft (MSFT), Nvidia (NVDA), and Tesla (TSLA), are prominent tech companies that are known for their market dominance, innovation, and influence on the NASDAQ (NDAQ) and S&P 500 (SPX) indices. Despite the ongoing tariff turmoil and macro pressures, Wall Street is bullish on some Magnificent 7 stocks.

1 week ago | blog.tipranks.com | Sirisha Bhogaraju

The chaos around tariffs has shaken the magnificent 7 stocks. These Magnificent 7 stocks: Alphabet ($GOOGL), Amazon ($AMZN), Apple ($AAPL), Meta Platforms ($META),  Microsoft ($MSFT), Nvidia ($NVDA), and Tesla ($TSLA), are prominent tech companies that are known for their market dominance, innovation, and influence on the NASDAQ (NDAQ) and S&P 500 (SPX) indices. Despite the ongoing tariff turmoil and macro pressures, Wall Street is bullish on some Magnificent 7 stocks.

1 week ago | tipranks.com | Sirisha Bhogaraju

Nvidia (NVDA) stock has declined about 20% year to date, reflecting tariff concerns, chip export restrictions, growing competition in the semiconductor market, and worries over AI spending amid macro uncertainties. NVDA stock rallied last year, thanks to the robust demand for the semiconductor giant’s advanced GPUs (graphic processing units) that are used to build AI models.

1 week ago | tipranks.com | Sirisha Bhogaraju

Bank of America is scheduled to announce its results for the first quarter of 2025 on Tuesday, April 15. BAC stock has declined 18.4% so far this year due to fears of a potential recession sparked by tariff wars. Banks were expected to gain from lower corporate taxes and M&A (mergers and acquisitions) deregulation under the Trump administration. However, tariff wars are expected to slow down the global economy, hurting the banking sector.