Broadcom Stock Falls on Vague AI Outlook, Margin Concerns
Broadcom shares dropped despite $73B AI backlog and strong earnings as CEO declined 2026 forecast and warned of narrowing profit margins.
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Lululemon CEO Calvin McDonald Steps Down, Company Raises 2025 Outlook
Lululemon announces CEO Calvin McDonald's departure after 7 years. Board appoints interim co-CEOs and raises annual revenue forecast to $11B despite slowing growth challenges.
Robinhood Slumps as November Trading Activity Drops Across All Major Segments
Robinhood reported a sharp slowdown in November trading volumes, with equities, options, and crypto all declining month over month. Only prediction markets showed strong growth.
BofA Upgrades Visa to Buy: Strong Growth & Attractive Returns
Bank of America upgrades Visa to Buy with a $382 price target, citing strong fundamentals, growth potential, and opportunities in stablecoins.
BofA Cuts PayPal Rating as Growth Reboot Slows
Bank of America downgraded PayPal to Neutral, lowering its price target to $68. The firm cites slower-than-expected progress in boosting branded checkout growth and expects limited near-term upside.
Arista Networks Earns Continued Buy Rating from Evercore ISI
Evercore ISI reiterates a Buy rating on Arista Networks with a $175 price target, citing strong revenue growth, impressive margins, and long-term sector positioning.