Apple, Amazon, Alphabet, Ford all fall in premarket
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Morgan Stanley defends Ford (F) following 4Q miss
February 7, 2023 7:36 AM ESTMorgan Stanley reiterated an Overweight rating on Ford (NYSE: F) and cut the price target on the stock to $14.00 (From $15.00) following the car makers 4Q earnings report. Ford missed 4Q by 30%, the only major miss of the 4Q auto earnings season thus far. The miss left investors struggling with a clear strategy on the way... More
Google releases new AI 'Bard' to testers ahead of public release
February 6, 2023 2:49 PM ESTGoogles parent company, Alphabet Inc, (NASDAQ: GOOG) announced in a blog post on Monday that the company is planning to launch a chatbot service called Bard. Bard is powered by LaMDA, Google's AI that can generate human-like prose. The technology company opened the conversational AI service to test users for feedback, and will be followed by a public release in the coming... More
Evercore ISI Removes Apple (AAPL) From Tactical Outperform List
February 3, 2023 11:30 AM ESTEvercore ISI analyst Amit Daryanani reiterated an Outperform rating and $190.00 price target on Apple (NASDAQ: AAPL)
The analyst comments "We are removing AAPL from the Tactical Outperform list as the potential catalyst for our call took place yesterday during their earnings print. AAPL reported Dec-qtr results of $117B/1.88 vs. street at $124B/1.95 with sales declining 5% y/y due to headwinds from f/x (~800bps), production... More
