Reported 7 days ago
Analysts have reacted positively to L’Oréal's announcement of acquiring Kering Beauty for 4 billion euros, marking L’Oréal's largest deal yet. This strategic partnership includes acquiring the House of Creed and exclusive licensing rights for Gucci, Bottega Veneta, and Balenciaga. Analysts believe this deal will significantly bolster L’Oréal's position in the luxury beauty market, enhancing its fragrance portfolio and potential for growth in niche segments, despite some concerns about Kering's financial leverage.
Source: YAHOO
Reported 7 days ago
Vuzix Corporation (NASDAQ:VUZI) has been awarded a six-figure development order for customized waveguides from a leading U.S. defense contractor, marking a significant expansion in its presence in the defense sector. The company, known for its innovative wearable display solutions, continues to grow as part of various defense programs, although the contractor's identity and delivery timeline remain undisclosed.
Source: YAHOO
Reported 7 days ago
Turtle Beach Corporation (NASDAQ:TBCH) has been rated a Buy by B. Riley, with a price target of $21, as analysts expect significant growth in the gaming sector leading to record financial performance by 2026. The company, known for its gaming accessories, benefits from a strong connection to Nintendo, and the potential launch of the Nintendo Switch 2 could further enhance its market position. Additionally, historical trends suggest an upcoming console cycle favorable for Turtle Beach.
Source: YAHOO
Reported 7 days ago
GoPro has announced the pre-order availability of its new Fluid Pro AI gimbal, priced at $229.99. Set to be released in early November, this gimbal features AI-powered subject tracking for seamless focus on moving subjects and can also serve as a power bank for connected devices. The company aims to expand its market by appealing to a wider range of content creators beyond its traditional action camera base.
Source: YAHOO
Reported 7 days ago
CFRA has raised its price target for Sony Group Corporation (NYSE:SONY) from $31 to $34, maintaining a Buy rating, amid positive investor sentiment following Japan's appointment of its first female prime minister. They anticipate that new policy announcements may boost domestic spending, benefiting Sony and other tech firms. The firm's forward price-to-earnings multiple for fiscal year 2026 has been increased to 28.3x, although earnings projections remain unchanged.
Source: YAHOO
Reported 7 days ago
Jefferies has raised its price target for Best Buy Co., Inc. (NYSE:BBY) from $88 to $95, citing the company's expanding advertising division as a key driver of its financial performance. The firm anticipates that Best Buy Ads will significantly impact profits in the coming years, potentially enhancing gross margins and shifting outdated perceptions of the company's business model.
Source: YAHOO
Reported 7 days ago
UBS has raised its price target for Dell Technologies Inc. (NYSE:DELL) from $155 to $186, maintaining a Buy rating due to a strong outlook for AI server revenue growth. This revision comes as Dell predicts earnings per share growth of over 15% and has increased its long-term revenue growth target to 7%-9%. UBS has also adjusted its long-term EPS growth rate prediction upwards to at least 12%, reflecting confidence in Dell's ability to sustain its margins without significant declines.
Source: YAHOO
Reported 7 days ago
Despite a slowdown in App Store revenue growth, Evercore ISI has reaffirmed its Outperform rating and $290 price target for Apple Inc. (NASDAQ:AAPL). While September's revenue showed a 7% year-over-year increase, down from 14% in August, Evercore predicts Apple is still well-positioned for double-digit growth in services during the upcoming quarter.
Source: YAHOO
Reported 7 days ago
Moody’s Ratings upgraded Smith & Nephew plc’s long-term rating from stable to positive, citing solid revenue and margin growth as part of the company’s transformation plan. As free cash flow has returned to pre-pandemic levels, Moody’s highlighted the firm’s financial flexibility and cautious strategy aiming for net leverage around 2x. Expectations are set for significant cash flow generation in the coming years, despite potential concerns regarding US tariffs.
Source: YAHOO
Reported 7 days ago
Glaukos Corporation (GKOS) is preparing for the market launch of its eye treatment Epioxa, with Stifel maintaining a Buy rating and a $115 price target ahead of the October 20 PDUFA date. A recent survey of ophthalmologists indicates strong projected uptake for Epioxa, suggesting it will quickly dominate corneal cross-linking procedures and drive market growth. This positive outlook alleviates previous concerns about CXL patient warehousing, leading to increased revenue expectations for Corneal Health in the upcoming years.
Source: YAHOO
Reported 7 days ago
Inspire Medical Systems, Inc. (NYSE:INSP) announced positive clinical outcomes for its Inspire V system in treating obstructive sleep apnea, showcasing a 20% reduction in surgical times and improved respiratory sensing compared to the previous Inspire IV system. The data was sourced from a restricted U.S. market release and a clinical study in Singapore, indicating the effectiveness of their innovative approach in medical technology.
Source: YAHOO
Reported 7 days ago
iRhythm Technologies (IRTC) has established a commanding presence in the cardiac monitoring sector, claiming a 70% market share with its Zio Monitor, which disrupts traditional Holter monitors. Recently, Freedom Capital Markets initiated coverage on IRTC with a Buy rating and a $205 price target, highlighting the company’s robust growth in the primary care market and positive sales trends. The firm expects an increase in market share with the upcoming launch of a 21-day monitoring device.
Source: YAHOO
Reported 7 days ago
Zimmer Biomet Holdings Inc. has announced its acquisition of Monogram Technologies, an AI-driven orthopedic robotics firm, for approximately $177 million. This move enhances Zimmer Biomet's range of orthopedic solutions by incorporating Monogram's robotic technology, complementing its existing ROSA Robotics platform. The company continues to develop its offerings, with new products expected to launch in the coming years.
Source: YAHOO
Reported 7 days ago
Bruker Corporation (NASDAQ:BRKR) has announced it received nearly $10 million in new orders for high-performance Nuclear Magnetic Resonance (NMR) instruments from three leading U.S. research institutions: the New York Structural Biology Center, the University of Delaware, and Northwestern University. These orders include a unique Multifield NMR Relaxometry System and a 600 MHz NMR spectrometer, among others, aimed at enhancing molecular research capabilities in top academic settings.
Source: YAHOO
Reported 7 days ago
Needham has upgraded Penumbra, Inc. (NYSE:PEN) from Hold to Buy, setting a price target of $326, driven by expectations of accelerated revenue growth in 2026. Key growth factors include the launch of the Ruby XL, findings from the STORM-PE trial, the upcoming Thunderbolt product, and easing challenges in China. The introduction of Thunderbolt is projected to nearly double revenue per stroke procedure, enhancing Penumbra’s market position and gross margins, leading to positive performance in its stock.
Source: YAHOO
Reported 7 days ago
Insulet Corporation (PODD) has been rated as a strong buy by Canaccord Genuity, which raised its price target from $353 to $399. The firm slightly increased its 2025 revenue expectation from $2.627 billion to $2.639 billion and adjusted its 2026 revenue projection from $3.033 billion to $3.046 billion, also enhancing operating margins. However, earnings per share estimates were lowered from $6.09 to $5.74 due to revised net interest expense assumptions. Insulet is recognized as a leader in tubeless insulin pump technology.
Source: YAHOO
Reported 7 days ago
Cathie Wood confidently asserts that Elon Musk's $1 trillion pay package from Tesla will pass decisively in the upcoming shareholder vote, despite opposition from proxy firms and index funds. This monumental deal, which could significantly increase Musk's control over Tesla if performance targets are met, is set for a vote on November 6. While critics voice concerns about its scale, Wood argues that institutional bias against the package will not sway retail investors, who she believes will ultimately drive its approval.
Source: YAHOO
Reported 7 days ago
A growing number of rich young Americans are moving away from traditional stock investments, with only 25% of their portfolios in stocks compared to older investors who hold 55%. This demographic is increasingly favoring alternative assets such as gold, art, real estate, and cryptocurrencies, with 93% planning to invest more in these areas in the coming years. Gold remains popular for hedging against inflation, while art investments have seen significant returns. Additionally, real estate and cryptocurrency are gaining traction as alternatives among the under-43 crowd.
Source: YAHOO
Reported 7 days ago
Source: YAHOO
Reported 7 days ago
Source: YAHOO
Reported 7 days ago
President Trump outlined his primary demands for China, focusing on rare earth materials, fentanyl, and soybeans, as trade negotiations approach. Amid rising tensions, he mentioned imposing an additional 100% tariff on Chinese goods and signed a deal with Australia to enhance U.S. access to critical minerals. Trump's tariffs have influenced the budget deficit, and negotiations are expected to take place soon between U.S. and Chinese leaders.
Source: YAHOO
Reported 7 days ago
Source: BARRONS
Reported 7 days ago
In a recent analysis, Yahoo Finance's Jared Blikre explains how stocks perform better with stable, moderate 'Goldilocks' interest rates, which balance between being too high or too low. Fluctuations in interest rates can trigger stock market volatility, as rising rates increase borrowing costs and risk, while falling rates may signal economic concerns. Observing the bond market's reactions, including the 10-year Treasury yield and investor volatility indicators, helps gauge the potential impact on stocks and informs future market predictions.
Source: YAHOO
Reported 7 days ago
Source: YAHOO