A report on Peloton Interactive (PTON) fourth-quarter earnings is scheduled to be released this week. The Cowen Group released updated PTON shares forecasts days before the event. Experts believe that the price of the shares may rise by about 20% from its current level. There
The Nokia Corp. (NYSE: NOK), a telecommunications equipment supplier, may significantly benefit from the 5G network expansion. The company can increase its revenues as mobile networks modernize and bring substantial returns to its investors. According to DNB Markets analysts, Nokia’s shares have been upgraded from
Telaktiebolaget LM Ericsson announced earnings that beat analysts’ forecasts in the fourth quarter. Upon receiving the news, investors became bullish predictions. This resulted in a greater than 7% increase in the price of the shares on January 29. ERIC was trading at $12.75 at the
Abbott Laboratories (ABT) released its fourth-quarter 2020 results on Wednesday, January 27, before trading opened. Sales growth exceeded Wall Street expectations in the diagnostics segment. Additionally, Abbott Laboratories claims to be a dividend aristocrat after the next dividend increase. Abbot Laboratories reported an increase in
8×8, Inc.(EGHT), a provider of communication solutions for the enterprise, and Verint Systems Inc. (NASDAQ: VRNT), a provider of security and optimization solutions for businesses, revealed this week a partnership that could expedite the growth of both companies. In partnership with Verint, 8×8 will provide
iRobot Corp. (NASDAQ: IRBT), a cleaning equipment manufacturer, experienced more than a 110% rise in its shares during the past 12 months. As a result of several favorable factors, the company saw an increase in sales during the COVID-19 pandemic and even increased its operating
The Coronavirus vaccine developed by Pfizer Inc. and BioNTech SE will provide 40 million doses to the COVAX vaccine distribution program, aiming to take COVID-19 vaccines to the world’s poorest countries. In a joint statement, the two pharmaceutical firms announced that distribution would start in
Aurora, a Silicon Valley-based autonomous driving startup with a $10 billion evaluation has entered a partnership with PACCAR Inc (PCAR), to make light, medium and heavy trucks. The company seeks long hauling trucks as the first to be marketed for self-driving capabilities. For this sole
The share price of Stratasys Ltd. (SSYS) jumped 12.53% to $35.84. A positive comment prompted the move, suggesting the company’s potential leadership in the photopolymer printing segment. Stratasys Ltd. (SSYS) shares have received a buy recommendation from Stifel with a target price of $40. Because
The Square Inc. (SQ) payment network has been one of the winners of an accelerated transition to non-cash payments in the wake of the COVID-19 pandemic. The shares of the company rose more than 227 percent over the year to $227.75 in trade on January,
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