11:34 AM EST, 12/02/2024 (MT Newswires) -- FedEx ( FDX ) is facing pressure to rebound with its fiscal Q2 results after a big miss in Q1, with several headwinds, including a muted macro environment, challenges from the USPS contract expiry, and the timing of Cyber Monday, Morgan Stanley said in a note Monday. The investment firm said it's still...

11:35 AM EST, 12/02/2024 (MT Newswires) -- Roku ( ROKU ) branded TVs got a lot of floor space relative to its licensed TVs across various retailers checked by Wedbush Securities pre- and post-Black Friday this year, the brokerage said Monday. Last year, only lower-tier/lower-priced licensed Roku TV sold through well, while this year we saw broad selection, favorable placement,...

11:32 AM EST, 12/02/2024 (MT Newswires) -- CrowdStrike ( CRWD ) and Palo Alto Networks ( PANW ) are increasing discounts to accelerate market share gains in cybersecurity, creating potential broader pricing pressures across the sector, Morgan Stanley said in a report on Monday. The firm said it remains positive on long-term trends in cybersecurity, driven by expanding technology industry...

NEW YORK, Dec 2 (Reuters) - Citadel's flagship hedge fund Wellington was up 1.8% in November, while its Tactical Trading fund rose 1.6%, a source familiar with the firm's preliminary performance said. Ken Griffin's Citadel has posted a double-digit performance on the year, with Wellington and Tactical Trading up 13.2% and 20%, respectively. Citadel declined to comment on the numbers....