Reply To: Traders Market Weekly: Rates, Banks and Herd Mentality

#73426
Truman
Participant

Concentrix (CNXC 59.97, -2.26, -3.6%): misses by $0.01, beats on revs; guides Q2 EPS below consensus, revs below consensus; reaffirms FY24 EPS guidance, revs guidance; committed to $100 mln in repurchases
GameStop (GME 12.86, -2.64, -17.0%): misses by $0.08 (two ests), misses on revs (two ests); promoted interim CFO Daniel Moore to CFO on March 25

Merck (MRK 131.00, +5.48, +4.4%): FDA approves Winrevair (sotatercept), a treatment for a rare form of high blood pressure
Apple (AAPL 170.33, +0.62, +0.4%): will defend its “walled garden” to regulators, according to WSJ
Amazon (AMZN 179.33, +1.03, +0.6%): EU court rejected AMZN’s request to suspend EU advertising technology rule, according to Reuters
Robinhood Markets (HOOD 20.53, +1.25, +6.5%): introduces new gold card

Walt Disney (DIS 120.62, +0.69, +0.6%): UBS raised its price target to $140 from $120
Wells Fargo (WFC 56.55, -0.13, -0.2%): downgraded to Market Perform from Outperform at KBW