Evercore

Despite the unpredictable wildcard of an Iran war and concerns regarding software companies amid the rapid rise of fears around artificial intelligence (AI), Evercore Founder and Senior Chairman Roger Altman remains optimistic about the U.S. economy, noting that foundational strengths and...

The economy is too strong to “justify” four interest rate cuts getting priced in by year-end, according to Apollo Global Management‘s Torsten Slok. What Happened: “Where is the slowdown that everyone’s talking about?” Slok asked CNBC on Friday morning — just...

Nike Inc (NYSE:NKE) shares plummeted following bleak revenue numbers and lowered guidance in its fourth-quarter report. Some analysts have soured on the Beaverton, Oregon-based company. Here’s what the Street is saying Friday after the print. The Nike Analysts: The following analysts...

Recent analysis by Evercore ISI indicates that Apple Inc. (NASDAQ:AAPL) has experienced negligible revenue impact in the EU App Store after complying with the European Union’s Digital Markets Act (DMA). What Happened: Despite the regulatory changes that took effect in March, the EU App Store...

Streaming giant Netflix Inc (NASDAQ: NFLX) reported third-quarter financial results after the market close Wednesday. Shares of the streaming company are soaring Thursday after the report. Here’s a look at what Netflix analysts are saying about the report and the company's future. ...

Electric vehicle leader Tesla Inc (NASDAQ: TSLA) reported third quarter financial results after market close Wednesday. The company reported revenue and earnings per share that both missed estimates from analysts for the quarter. Here’s a look at what analysts are saying after the recent...

Shares of CVS Health Corp (NYSE: CVS) were trading higher on Tuesday, after attracting short interest earlier in the month. Several factors are “swinging in a positive direction,” including improvements in operational issues and higher confidence in management’s outlook, according...

Shares of DocuSign Inc (NASDAQ: DOCU) tanked in early trading on Friday, even after the company reported upbeat fiscal second-quarter earnings. The results came amid an exciting earnings season. Here are some key analyst takeaways from DocuSign’s earnings release. RBC Capital Markets On...

An ad-supported plan set to launch by streaming leader Netflix Inc (NASDAQ: NFLX) is one of the most anticipated events in the streaming sector. One analyst said it might not be priced into shares of the stock.  The Netflix Analyst: Evercore ISI analyst Mark Mahaney upgraded shares...

Although Peloton Interactive Inc (NYSE: PTON) has benefited significantly from the COVID-19 pandemic stay-at-home environment, its stock could trade sideways in the near term, given the 434% run-up in the past year, according to Evercore. The Peloton Interactive Analyst: Shweta Khajuria...

Broadcom Inc (NASDAQ: AVGO) moved 15 percent lower Thursday on mixed reactions following the announcement it had reached a deal to acquire CA, Inc. (NASDAQ: CA). CA Inc. (also known as CA Technologies) jumped 18 percent higher, realizing most of the 20 percent premium to the July 11 closing price...

Airline stocks were suffering another down day on Tuesday after Delta Air Lines, Inc. (NYSE: DAL) reported March traffic numbers and updated shareholders on second-quarter guidance. Update Gist Here are the highlights from Delta’s investor update: Projected March quarter operating margin is...

Chinese e-commerce giant Alibaba Group Holding Ltd(NYSE: BABA) is scheduled to report its fourth-quarter results before the market opens on Tuesday. The company is expected to report earnings of $1.13 per ADS on revenues of $7.32 billion. In the September quarter, the company reported...

Another proposed merger is facing the risk of falling apart, if a Bloomberg report is to be believed. Citing people familiar with the matter, the Bloomberg reported that the FTC isn't convinced about the Walgreens Boots Alliance Inc (NASDAQ: WBA)'s proposed deal to buy Rite Aid Corporation (NYSE...

Two is company, three is a crowd. Close on heels of a report suggesting QUALCOMM, Inc. (NASDAQ: QCOM)'s interest in NXP Semiconductors NV (NASDAQ: NXPI), rumors have emerged of a possible second suitor. Quoting people familiar with the matter, the Dow Jones Newswire reported Thursday Qualcomm is...