• Jan 04, 2025

Three Reasons Why I’m Bullish on UBER Stock in 2025

Uber (UBER) shares have had a rough ride in 2024, lagging behind the broader market with only a 12% gain over the last 12 months. However, my bullish outlook remains intact, considering that recent underperformance doesn’t reflect any weakness in the company’s business fundamentals. The company has been posting solid revenue and profit growth while generating impressive cash flow. The main factor weighing on investor sentiment seems to be the fear that robotaxis could disrupt the ride-sharing in

  • Jan 04, 2025

Biden to Ban New Oil Drilling Over Vast Stretch of US Atlantic, Pacific Waters

(Bloomberg) -- President Joe Biden is set to order a ban on new offshore oil and gas development across some 625 million acres of US coastal territory, ruling out the sale of drilling rights in Atlantic and Pacific waters as well as the eastern Gulf of Mexico.Most Read from BloombergIs This Weird Dome the Future of Watching Sports?NYC Congestion Pricing to Take Effect After Years of DelaysNYC Congestion Pricing Takes Effect After Years of DelaysNYPD Seeking Gunmen After 10 People Wounded Outside

  • Jan 04, 2025

S&P Global price target lowered to $580 from $590 at Oppenheimer

Oppenheimer lowered the firm’s price target on S&P Global to $580 from $590 and keeps an Outperform rating on the shares as part of a Q4 earnings preview. The weak Q4 issuance expectation didn’t appear to materialize, and Opco’s proprietary tracker indicates that issuance bettered expectations, the analyst tells investors in a research note. The firm forecast that S&P Global’s and Moody’s Q4 Ratings revenues grew 13% and 22% year-over-year, respectively, higher than the consensus estimates of 11

  • Jan 04, 2025

Tractor Supply target adjusted for stock split at Evercore ISI

Evercore ISI lowered the firm’s price target on Tractor Supply (TSCO) to $58 from $290 and keeps an In Line rating on the shares as the firm adjusted its target to reflect the 5-for-1 stock split that occurred on December 20. The firm made no changes to any of its financial assumptions or outlook based on the adjustment to the share count, the analyst noted. Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>> See the top stocks recommen