Mid Cap - Spark Newswire

2 minute read

Rising Star: Wayfair’s Impressive Revenue Trends Catch Top Analysts’ Attention

Today, 5:30 PM

The home furnishings industry is seeing a shining star rise from the pandemic, as Wayfair Inc. (NYSE: W) sets its sights on achieving breakeven or better EBITDA for the first time since 2020.

2 minute read

Nordstrom Reports Weaker Than Expected Holiday Sales: 4 Analysts Weigh In

By AJ Fabino

Today, 5:30 PM

Nordstrom Inc (NYSE: JWN) reported weaker-than-expected holiday sales on Thursday, leading the company to lower guidance for the fourth quarter and full fiscal year 2022, which ends in late January.

JWN

2 minute read

EXCLUSIVE: Benzinga Poll Reveals Top Picks For A $25,000 Long-Term Investment In 2023

By AJ Fabino

Today, 5:30 PM

After a sour year in the stock market that saw the broad market S&P 500 (ARCA: SPY) fall nearly 20%, and other pandemic-darlings like Apple Inc (NASDAQ: AAPL), and Amazon.com, Inc (NASDAQ: AMZN) fal

AAPL

2 minute read

Why This Planet Fitness Analyst Says Short Seller’s Allegations Of Unethical Business Practices Lack Fundamentals

By AJ Fabino

Today, 5:30 PM

A recent short thesis about Planet Fitness Inc (NYSE: PLNT) came under fire for being "light on fundamentals" and failing to mention the positive data points that had recently emerged for the company.

PLNT

2 minute read

What’s Going On At JFK Airport? One Week, Two Near Plane Crashes: Here’s What Officials Told Benzinga

By AJ Fabino

Today, 5:30 PM

The Federal Aviation Administration (FAA) is investigating two incidents involving multiple airlines at New York's John F. Kennedy International Airport over the course of one week.

AAL

2 minute read

Seagate Technology Poised For Early Cycle Rebound, Says Morgan Stanley Analyst

By AJ Fabino

Today, 5:30 PM

Analysts at Morgan Stanley upgraded Seagate Technology Holdings PLC (NASDAQ: STX) Wednesday, suggesting that the IT hardware industry is entering the final stages of the late cycle and is poised for an early-cycle rebound.

STX

2 minute read

CrowdStrike Analyst Initiates Coverage, Says Company Has ‘Best-In-Class Endpoint Security Capabilities’

By AJ Fabino

Today, 5:30 PM

Analysts at BMO Capital Markets initiated coverage on Crowdstrike Holdings Inc (NASDAQ: CRWD) Wednesday, saying the company offers best-in-class endpoint security capabilities.

CRWD

2 minute read

Big Banks Kick Off Q4 Earnings Season: Why JPMorgan’s Results Suggest Mild 2023 Recession Is The Base Case

By AJ Fabino

Today, 5:30 PM

Rising interest rates, weak consumer spending, and inflation reaching a four-decade high have all contributed to a tough outlook for the American economy in recent months.

BAC

2 minute read

Top-Performing Hedge Fund In 2022 Has This Strategy To Thank: How Much Did It Make Last Year?

By AJ Fabino

Today, 5:30 PM

Macro trading is an investment strategy that takes into account both domestic and global macroeconomic trends.

AAPL

2 minute read

How Did Stocks React To The December CPI Print? A Tale Of Two Narratives

By AJ Fabino

Today, 5:30 PM

Market bets on whether the Federal Reserve's rate hikes would lead to a recession in 2023 have become a primary focus for the equity markets and for those who trade them.

ADBE