Investing.com -- U.S. stock futures rose Thursday, as investors digested more corporate earnings, in particular from Big Tech giants. Here are some of the biggest premarket U.S. stock movers today:Meta Platforms (NASDAQ:META) stock climbed 6.2% after the Facebook and Instagram parent reported better-than-expected first-quarter results and upbeat guidance that pointed to increased spending on artif ...
Investing.com -- Citi Research in a note dated Thursday has upgraded Burberry Group Plc (LON:BRBY) to “buy” from “neutral,” citing improving brand momentum and growth potential in the United States. The brokerage set a new price target of £9.25, down slightly from £9.80, implying a total return of 28.7% including dividends.The decision follows signs that Burberry’s “Burberry F ...
(Reuters) -KKR’s first-quarter profit rose nearly 20% on higher fees and the investment firm said it was ready to put its $116 billion of capital to use as market volatility creates fresh opportunities. The results reflect the structural advantage held by large alternative asset managers, which can generate hundreds of millions in management fees even when asset sales are muted. While a slowdown ...
Investing.com -- Goldman Sachs has refreshed its Conviction Lists for both the U.S. and Asia-Pacific regions, highlighting additions that reflect resilience, growth potential, and valuation upside. Johnson & Johnson (NYSE:JNJ) and Houlihan Lokey (NYSE:HLI) were added to the U.S. list, while Axis Bank (NSE:AXBK) joined the APAC roster alongside Horizon Robotics and NextDC.In the U.S ...