Wedbush analyst Daniel Ives maintained an Outperform rating on Apple Inc AAPL with a price forecast of $270.On Monday, Apple will host WWDC in Cupertino at Apple Park, where it will present its key annual conference for developers.Ives stated in the analyst note that Apple’s AI strategy has faced many challenges since the launch of Apple Intelligence, as this ultimately unlocks the developer ecosystem, which remains the heart and lungs of the Apple story.Also Read: Tariffs, AI And Trade War: Apple’s Smartph ...

Earnings season is nearly wrapped up, but a few notable reports are still on deck this week. The three I'm watching are Oracle, Adobe, and RH. Oracle and Adobe will provide further insight into the tech sector, while RH will offer a glimpse into the high-end consumer space.The main focus this week, however, will be inflation. We’ll receive both the CPI and PPI reports, and it will be interesting to see whether prices are beginning to rise following the tariffs implemented in early April. A couple of weeks a ...

U.S. stocks settled higher on Friday, with the Dow Jones index gaining more than 400 points during the session following the release of jobs data.Wall Street analysts make new stock picks on a daily basis. Unfortunately for investors, not all analysts have particularly impressive track records at predicting market movements. Even when it comes to one single stock, analyst ratings and price targets can vary widely, leaving investors confused about which analyst’s opinion to trust.Benzinga’s Analyst Ratings A ...

Steel stocks are back in the spotlight, and it's not just the furnaces heating up. Since President Donald Trump's late-May announcement of 50% tariffs on imported steel, the sector has re-rated sharply, with JPMorgan highlighting Nucor Corp NUE as the top pick with a potential 67% upside.Analyst Bill Peterson says Nucor is best positioned to ride out the latest tariff wave, thanks to its product diversification and lower exposure to value-add sheet, which has recently underperformed. Plate and rebar prices, ...

Calavo Growers, Inc. CVGW will release earnings results for the second quarter, after the closing bell on Monday, June 9.Analysts expect the Santa Paula, California-based company to report quarterly earnings at 53 cents per share, up from 50 cents per share in the year-ago period. According to data from Benzinga Pro, Calavo Growers projects quarterly revenue at $192.75 million, compared to $184.38 million a year earlier.On March 18, Calavo Growers announced a $25 million stock repurchase program.With the re ...

PLTR climbs higher through the day after an alert from TradePulse in the morningPalantir Tech. Inc. (PLTR) today experienced a Power Inflow, a significant event for those who follow where smart money goes and value order flow analytics in their trading decisions. Today, at 10:48 AM on June 6th, a significant trading signal occurred for Palantir Tech. Inc. (PLTR) as it demonstrated a Power Inflow at a price of $124.90. This indicator is crucial for traders who want to know directionally where institutions an ...

A feud between Tesla TSLA CEO Elon Musk and President Donald Trump could end Musk's ties with the White House — a development welcomed by Tesla protestors.However, "the job is definitely not done,” volunteer organizer Adam Sheridan tells Benzinga.Feud Comes Quicker Than Anticipated"There was a time limit on this relationship between them," Sheridan says. Sheridan is a volunteer organizer with the Cooper River Indivisible non-profit that participates in Tesla Takedown protests.Musk and Trump were on the same ...

Wall Street analysts responded to Ciena Corp.’s CIEN second-quarter financial results on Thursday.Ciena reported a quarterly revenue growth of 23.6% to $1.13 billion, beating the analyst consensus estimate of $1.09 billion.The American telecommunications networking equipment and software services supplier reported an adjusted EPS of 42 cents, which missed the analyst consensus estimate of 52 cents.Also Read: Ciena Set To Beat Q2 Estimates But AI Ambitions Face Margin Math And Marvell-ous RivalsThe adjusted ...

A feud between Tesla Inc TSLA CEO Elon Musk and President Donald Trump escalated Thursday with comments made in interviews and across social media.The fight sent shares of Tesla lower Thursday and the stock could go lower with the potential for Trump to harm the electric vehicle sector and the company.What Happened: Musk's opposition to the "Big Beautiful Bill" saw Trump accuse the Tesla CEO of only speaking out in opposition due to the bill hurting EV tax credits and his own company.A series of back-and-fo ...

Shares of Tesla, Inc. TSLA are rebounding Friday. This comes after yesterday's dramatic selloff of almost 15%. Some analysts believe the ongoing feud between CEO Elon Musk and President Donald Trump drove the move.It looks like the sell-off may be overdone. The shares could be about to move higher. This is why it is our Stock of the Day.As you can see on the chart below, the shares found support around $290. This wasn't a coincidence. There was support at this price because it had previously been a resistan ...