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Roblox, Hershey, Samsung: 3 Stocks In Focus

Morning Brief hosts Seana Smith and Brad Smith analyze the top trending tickers on the Yahoo Finance platform: Roblox (RBLX) is in focus after Hindenburg Research alleged that the gaming platform's metrics are inflated and there are reputational risks for advertisers who use it. Hershey's (HSY) stock is under pressure following a downgrade from UBS Securities, lowering its rating from Buy to Neutral. The firm cites rising cocoa prices (CC=F) as a potential threat to gross margins and has also reduced its price target on the stock. Samsung (005930.KS) has issued a profit warning for the third quarter, citing intense competition and delivery delays as key factors. The tech giant has taken the unusual step of publicly apologizing for its underperformance. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Angel Smith

Yahoo Finance Video 1 hour ago

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CC=F

RBLX
Nvidia highlights AI software and services at D.C. AI Summit

Nvidia highlighted a number of its software offerings and customers during its AI Summit in Washington, D.C., on Tuesday.

Yahoo Finance 1 hour ago

INTC

NVDA

AMD
Honeywell looks to spin off advanced materials unit: WSJ

Multinational conglomerate Honeywell International (HON) is seeking to spin off its advanced materials segment by 2026, according to the Wall Street Journal, and valuing the unit at over $10 billion. Morning Brief anchors Seana Smith and Brad Smith report on this development and the statement issued by Honeywell CEO Vimal Kapur. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Luke Carberry Mogan.

Yahoo Finance Video 3 hours ago

HON
PepsiCo earnings: Company cuts 2024 guidance as North America sales lag expectations

A recall earlier this year, and consumers push back to higher prices dragged on PepsiCo's fiscal third quarter results.

Yahoo Finance 5 hours ago

KO

PEP
Top Midday Stories: Pepsi Fiscal Q3 Core EPS Up, Net Revenue Down YoY; Honeywell to Spin Off Advanced Materials Business

Top Midday Stories: Pepsi Fiscal Q3 Core EPS Up, Net Revenue Down YoY; Honeywell to Spin Off Advanced Materials Business

PREMIUM
MT Newswires 18 minutes ago

UBER

PEP

LYFT
Why Is DocuSign (DOCU) Stock Rocketing Higher Today

Shares of e-signature company DocuSign (DOCU) jumped 8.3% in the morning session after S&P Dow Jones Indices announced the company would be added to the S&P MidCap 400 Index before the opening of trading on Friday, October 11, 2024.

StockStory 31 minutes ago

DOCU
Why Roblox (RBLX) Shares Are Plunging Today

Shares of gaming metaverse operator Roblox (NYSE:RBLX) fell 8.2% in the pre-market session after short-seller Hindenburg Research said the company (RBLX) inflated metrics that track the number of users on its platform amid other concerns. Hindenburg added that DAU (daily active users, a key usage metric for social media platforms), according to Roblox's disclosures, "are not a measure of unique individuals accessing Roblox" because the definition accommodates users with multiple accounts, includ

StockStory 32 minutes ago

RBLX
ACHR, BPTH, PLUG, REGRF:

Leaders Report Latest Advances NEW YORK, NY / ACCESSWIRE / October 8, 2024 / Electric Aviation, Obesity Treatment, Clean Energy and Digital Transformation of $31 Billion Watch Market Wall Street Reporter, the trusted name in financial news since 1843, ...

ACCESSWIRE 38 minutes ago

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PLUG

BPTH
Microsoft's Stock Has One Fewer 'Buy' Rating on Wall Street Today

Oppenheimer analysts downgrade Microsoft's shares Tuesday, leaving it with a rating that's uncommon on Wall Street these days.

Investopedia 52 minutes ago

MSFT
Rezolve AI And Microsoft Power Up Retail With Advanced AI: A $30 Trillion Opportunity Unveiled

Rezolve AI Limited (NASDAQ:RZLV) confirmed that their ongoing collaboration with Microsoft Corporation (NASDAQ:MSFT) will focus on delivering advanced AI solutions to enhance the global retail sector, which presents a $30 trillion market opportunity. Last week, Rezolve partnered with Microsoft to distribute its AI-powered Brain Suite via Microsoft Azure Marketplace. This partnership combines Resolve AI’s Brain suite of commerce solutions with Microsoft’s Azure cloud infrastructure, providing ret

Benzinga 1 hour ago

RZLVW

MSFT
Honeywell to Spin Off Advanced Materials Business in Portfolio Optimization Push

Honeywell to Spin Off Advanced Materials Business in Portfolio Optimization Push

PREMIUM
MT Newswires 1 hour ago

HON
Short-Seller Hindenburg Goes After Roblox

The research firm alleges that the videogame company has exaggerated user data and compromises child safety.

The Wall Street Journal 1 hour ago

RBLX
US Technology Leaders Tap NVIDIA AI Software to Transform World’s Industries

NVIDIA AI Software U.S. technology leaders tap NVIDIA AI software to transform industries worldwide. AT&T, Lowe’s, University of Florida Among First Organizations Using NVIDIA NeMoAccenture, Deloitte, Quantiphi, SoftServe Tap NVIDIA NeMo, NIM Microservices and NIM Agent Blueprints to Create Custom Generative AI Agents for ClientsCloudera, DataStax, Google Cloud, NetApp, SAP, ServiceNow, Teradata Advance Data and AI Platforms With NIM WASHINGTON, Oct. 08, 2024 (GLOBE NEWSWIRE) -- NVIDIA AI Summit

GlobeNewswire 1 hour ago

NVDA
HPE To Showcase 'Liquid Cooling' Tech For AI Servers, Takes On Super Micro

When HPE hosts an artificial intelligence event Thursday, one analyst expects its "liquid cooling" technology for AI servers to be showcased.

Investor's Business Daily 1 hour ago

HPE

SMCI

NVDA
Nvidia Stock Rising. Here’s What’s Happening With Blackwell AI Chip Shipments.

Taiwan’s Foxconn said Tuesday it was building the world’s largest manufacturing site for servers to house Nvidia’s GB200 Superchips.

Barrons.com 1 hour ago

2317.TW

NVDA

SMCI
Nvidia Touts Energy Efficiency of Chips at Washington Summit

(Bloomberg) -- Nvidia Corp., facing concerns about the electricity demands of artificial intelligence computing, touted the energy efficiency of its latest chips at a conference Tuesday in Washington. Most Read from BloombergUrban Heat Stress Is Another Disparity in the World’s Most Unequal NationFrom Cleveland to Chicago, NFL Teams Dream of Domed StadiumsSingapore Ends 181 Years of Horse Racing to Make Way for HomesWhat Do US Vehicle Regulators Have Against Tiny Cars?For a Master of Brutalist P

Bloomberg 1 hour ago

NVDA
Roblox Stock Falls on Short-Seller Report Alleging Inflated User Metrics, Safety Concerns. Company Denies Charges

Hindenburg Research says the videogame platform “is compromising child safety in order to report growth to investors.”

Barrons.com 1 hour ago

RBLX
Is Pepsi’s Snack Slump a Sign of Something Deeper?

PepsiCo’s Frito-Lay business, and the broader snacking industry, might have a bigger problem on their hands than they realize. Within packaged food, snacks were the stand-out performer for a few years following the onset of the pandemic. Industry executives and analysts spoke of a fundamental shift in the way consumers are eating, with more consumption occasions spread out over the day.

The Wall Street Journal 1 hour ago

KO

PEP
Honeywell Is Spinning Off a Piece of Itself. What It Means for the Stock.

Industrial firm Honeywell plans to spin off its advanced-materials business to shareholders. The separation should be complete by the end of 2025 or early 2026.

Barrons.com 1 hour ago

HON
PEP Q3 Earnings Beat Estimates, Subdued Category Demand Hurt Sales

PepsiCo's Q3 sales continue to reflect the impacts of subdued category demand and QFNA recall issues, while earnings gain from stringent productivity measures.

Zacks 1 hour ago

PEP

SAM

DEO

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Top Midday Stories: Pepsi Fiscal Q3 Core EPS Up, Net Revenue Down YoY; Honeywell to Spin Off Advanced Materials Business

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