As the U.S. and China continue to send mixed signals about the progress of their trade talks, economists at Morgan Stanley project that both nations will begin negotiations and slowly decrease tariffs on Chinese imports to 60% by the end of Q2.
Argus said rising avocado, chicken, and pepper prices, growing competition among restaurants, and higher wage and store location costs were headwinds for the taco and burrito chain.
According to the Finchat-compiled consensus estimates, Seagate is expected to report adjusted earnings per share of $1.75 and revenue of $2.14 billion.
Luke’s bull case today … why he’s pounding the table on “physical AI” stocks … bond spreads are looking healthier … are profit margins looking to expand?
Axis Bank stock fell despite stable Q4 earnings and improved asset quality. Investor concerns over lagging loan growth, margin pressure, and a large capital raise weighed on sentiment.
The Finchat-compiled consensus calls for Alphabet to report earnings per share of $2.01 and revenue of $89.15 billion for the first quarter of the fiscal year 2025.
The investment bank said Duolingo has the rare combination of rapid user growth, strong and expanding margins, and a clear generative artificial intelligence upside.
Shares of language-learning app Duolingo (NASDAQ:DUOL)
jumped 10.4% in the morning session after Morgan Stanley initiated coverage of the stock with a Buy rating, calling the company a "best-in-class consumer internet asset.". The firm also assigned a price target of $435, implying a potential 30% upside.
