Is The IPO Market Back? Broadcom Shines On Earnings [Forbes]
RH (RH)
Last rh earnings: 3/30 04:05 pm
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US:NYSE Investor Relations:
ir.restorationhardware.com/investor-overview
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Source: Forbes
Key Takeaways Broadcom Projects AI Sales Surge, Boosting Stock By 14% Premarket. ServiceTitan IPO Soars 40%, Reviving Slow 2024 Market Sentiment. Oil Prices Rise Above $70, Potential Inflation Driver To Watch. Stocks were broadly lower on Thursday, though modestly so. The S&P 500 fell 0.5% while the Nasdaq Composite dropped 0.7%. Small Cap stocks lost the most with the Russell 2000 down 1.3% and the Dow Jones Industrial Average fell 0.5%. This marks three of the last four days lower for the S&P 500. It's been another quiet week overall for stocks, which isn't all that unusual for this time of the year. Having said that there are some individual stocks worth discussing. Both Broadcom and Costco reported earnings overnight. Shares of Broadcom are higher by 14% in premarket trading after the company said they expect Artificial Intelligence (AI) sales will grow by 65% in the first quarter of next year after already seeing an increase of 200% this year. Costco shares are relativ
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News
- Retail Innovator MINE Celebrates 2,000th Showroom MilestonePR Web
- RH (NYSE: RH) was upgraded by analysts at Telsey Advisory Group from a "market perform" rating to an "outperform" rating. They now have a $500.00 price target on the stock, up previously from $485.00.MarketBeat
- What's Fueling RH's 87% Stock Surge? [Forbes]Forbes
- RH Announces the Opening of RH Interior Design Palm DesertBusiness Wire
- Retail meets restaurant at new design gallery at Fashion Island [Los Angeles Times (CA)]Los Angeles Times
RH
Earnings
- 12/12/24 - Miss
RH
Sec Filings
- 12/19/24 - Form 4
- 12/17/24 - Form 144
- 12/12/24 - Form 10-Q
- RH's page on the SEC website