
Jefferies downgrades Starbucks rating to “underperform” in latest report
24/09/2024
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Jefferies analysts downgraded Starbucks (NASDAQ:SBUX) to Underperform, citing strategic challenges for the coffee giant under new leadership. Anticipated operational, cultural, and technology hurdles may slow growth, with a revised price target of $76 indicating a potential 20% decrease amid concerns of below-average EPS growth and market pressures. Read more
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“Nvidia Blackwell and Hopper GPUs High in Demand, Morgan Stanley Reports”
24/09/2024
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NVIDIA's Blackwell and Hopper GPUs spark investor optimism with strong demand and strategic partnerships. Oracle plans a massive Zettascale AI supercluster with 131,000 Blackwell GPUs, while Morgan Stanley projects significant production growth. Despite minor technical hurdles, the outlook remains positive for Nvidia's future revenue potential exceeding $10 billion. Read more
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Boeing Boosts Wage Offer for Striking Workers by 30%: Latest Updates
24/09/2024
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Boeing raises wage offer by 30% to end strike, signaling commitment to swift resolution. This move could set industry labor relations precedent amid supply chain challenges. Discover implications for Boeing's operations, financials, and market reactions as negotiations continue. Stay updated on Boeing's performance post-wage hike through Financial Modeling Prep tools. Read more
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