Reply To: Traders Market Weekly: Inflation and the Fed

#48905
Truman
Participant

JP Morgan (JPM 133.28, +1.91, +1.5%): upgraded to Overweight from Underweight at Morgan Stanley
Alcoa (AA 47.41, +0.89, +1.9%): moving higher on reports that the US and EU are weighing new tariffs on Chinese steel and aluminum, according to Bloomberg
Royal Caribbean (RCL 58.19, -1.23, -2.1%): downgraded to Underweight from Overweight at JP Morgan
GameStop (GME 25.75, +0.19, +0.7%): has started layoffs, according to Axios
GitLab (GTLB 45.13, +6.80, +17.7%): beats by $0.05, beats on revs; guides Q4 EPS above consensus, revs in-line
PepsiCo (PEP 183.44, +0.32, +0.2%): moving higher as company plans to lay off hundreds of workers at its North American snacks and beverage division headquarters, according to The Wall Street Journal
Vivint Smart Home (VVNT 11.86, +2.87, +31.9%): NRG Energy (NRG) to acquire Vivint for $12 per share or $2.8 bln in an all-cash transaction
Signet Jewelers (SIG 62.00, +4.17, +7.2%): beats by $0.42, beats on revs; guides Q4 revs below consensus; guides FY23 EPS above consensus, revs in-line
AutoZone (AZO 2520.00, -6.92, -0.3%): beats by $2.17, beats on revs; Q1 domestic comps +5.6%