Investing.com -- Guggenheim upgraded Salesforce (NYSE:CRM) to Neutral from Sell after the recent 26% pullback in the stock since January, which brings the share price closer to the brokerage’s prior price target of $247. The firm has now removed its price objective, noting that the current valuation is now “more aligned with the company’s future prospects.”Guggenheim downgraded ...
By Sam NusseyTOKYO (Reuters) -Nintendo’s Switch (NYSE:SWCH) became a source of much-needed escapism during pandemic restrictions. Now, the Japanese video game company faces the harsh reality of a brutal trade war as it launches its successor device. The Switch 2 is set to debut on June 5. That is eight years after the original Switch, which has sold 150 million units and disproved naysayers wh ...
Investing.com -- Tesla (NASDAQ:TSLA) has delayed the launch of a cheaper, U.S.-made version of its Model Y SUV, Reuters reported Monday, pushing production back by several months from the company’s earlier timeline.The carmaker’s shares fell more than 3% in premarket trading.The new vehicle, internally codenamed E41, was expected to go into production earlier this year, aligning with Tesla’s ...
By Joel Jose (Reuters) - Netflix (NASDAQ:NFLX) shares rose about 3% in premarket trading on Monday as the streaming giant’s upbeat annual revenue outlook reassured investors that it could withstand any economic downturn amid a tariff laden economic climate.The company’s co-CEO Greg Peters noted that the entertainment sector, and Netflix specifically, had proven resilient during previous downtu ...