Bath & Body Works Faces Multiple Downgrades After Weak Earnings
Bath & Body Works stock drops after a major earnings miss, strategy setbacks, and multiple analyst downgrades from Morgan Stanley, Goldman Sachs, and JPMorgan.
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Raymond James Upgrades Doximity to Strong Buy After Earnings Pullback
Raymond James upgrades Doximity to Strong Buy with a $65 target, citing an attractive risk/reward setup and improved long-term growth visibility despite a recent pullback.
Elastic Stock Plunges Despite Strong Q2 Earnings Beat
Elastic N.V. shares dropped 12% despite beating earnings expectations with $0.64 EPS and raising full-year guidance, as investors focus on widening losses.
Intuit Sees Strong Growth as AI Tools Boost QuickBooks Adoption
Intuit reports strong quarterly growth driven by rising demand for its AI-powered QuickBooks features, helping mid-sized and small businesses automate accounting and boost productivity.
Gap Shines in Q3 as Strong Brands and Smart Marketing Boost Sales
Gap delivered better-than-expected Q3 results, driven by strong performance at Old Navy, Gap, and Banana Republic, while Athleta continues to face challenges.
Ford: Fire Hits Novelis Aluminum Plant in Scriba, NY Again
A four-alarm fire struck the Novelis plant in Scriba, NY. It’s the third fire there in two months, and the plant is crucial to automakers like Ford, which could face major losses.