Qantas Airways Limited (QUBSF) Gets a Buy from Ord Minnett
Confident Investing Starts Here:
Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
In addition to Ord Minnett, Qantas Airways Limited also received a Buy from Morgan Stanley's Andrew Scott in a report issued today. However, yesterday, Macquarie maintained a Hold rating on Qantas Airways Limited (Other OTC: QUBSF).
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Business Insider
an hour ago
- Business Insider
Google (GOOGL) Expands Its AI Mode to Over 180 Countries
Tech giant Google (GOOGL) is expanding its AI-powered search tool, AI Mode, to over 180 countries and territories in English, with support for other languages coming soon. This tool helps users ask complex questions and get more helpful, conversational answers. A new feature also lets users share their AI-generated results with others using a 'Share' button. This allows friends or family to continue the conversation from where it left off, which is ideal for planning events or trips together. Importantly, users can delete shared links at any time in order to maintain control. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. In addition to global availability, Google is rolling out new 'agentic capabilities' in AI Mode. These features help users complete tasks like finding restaurant reservations based on specific preferences such as party size, time, location, and cuisine. AI Mode searches multiple booking sites like OpenTable, Resy, and Tock, then provides real-time options and direct links to book. Google says more capabilities, like booking event tickets or local services, will arrive soon. Currently, these agentic tools are part of an experimental feature for U.S.-based Google AI Ultra subscribers. AI Mode is also becoming more personalized. Indeed, for U.S. users who join the Labs experiment, Google will now tailor results based on previous searches, preferences, and interactions with Maps. For instance, someone looking for a quick lunch may see personalized suggestions that match past behavior, such as favoring Italian food or outdoor seating. This makes search more relevant, while still letting users adjust or turn off personalization in their account settings. Is Google Stock a Good Buy? Turning to Wall Street, analysts have a Strong Buy consensus rating on GOOGL stock based on 27 Buys and nine Holds assigned in the past three months. Furthermore, the average GOOGL price target of $216.47 per share implies 8.1% upside potential.
Yahoo
2 hours ago
- Yahoo
Inflation surge, hiring cuts are coming as firms' tariff tactics near limits: MS
-- When President Donald Trump launched his tariff blitz, economists warned of soaring inflation as costs hit consumers. The hit was delayed by corporate countermeasures, but now early signs of tariff-driven price hikes are emerging, and Morgan Stanley warns the full inflation punch is coming, forcing businesses to rethink hiring and spending. 'Recent inflation data show goods prices firming as tariffs feed through, essentially acting as a tax on consumption and production,' Morgan Stanley economists said in a recent note, highlighting growing cost pressures squeezing corporate margins. The average effective tariff rate on U.S. imports stood at 8.9% in June, well below the expected 16%, largely due to factors like trade diversion, inventory management, and delayed implementation. But Morgan Stanley expects these rates to ramp up in July and August as China's export share rebounds and the suspension of duty-free de minimis treatment starts affecting consumer goods. Tariffs hit hardest on final consumer goods, with apparel's rate hitting 24% in June, followed by furniture at 16.1% and motor vehicles at 15.8%. Meanwhile, manufacturers face higher costs for inputs like steel, chemicals, and electronics, feeding inflation across the supply chain. To mitigate the impact of tariffs, companies have been deploying a range of strategies: reshaping supply chains under 'China+1' or nearshoring models, stockpiling inventories ahead of tariff deadlines, and sharing costs through a mix of selective price hikes, supplier negotiations, and margin absorption. Apple (NASDAQ:AAPL), for example, is shifting more assembly of U.S.-bound products to India and Vietnam, aiming to reduce exposure to China tariffs by 2026. Federal Reserve surveys, meanwhile, reveal firms cautiously raising prices, testing consumer responses, and delaying hiring or investment amid persistent trade uncertainties. The July Beige Book reflected this with widespread reports of tariff-driven cost pressures, price surges, and volatile sales patterns caused by front-loading and aftereffects of tariff hikes. Regional differences are becoming apparent, with heavy manufacturing districts reporting rising input costs and margin pressure, southern states noting supply chain shifts, and agricultural areas facing export challenges tied to global trade tensions. The early signs of goods inflation will likely accelerate in the coming months, the economists said, deepening cost pressures on businesses, and contribute to labor market cooling in the second half of 2025. But cooling in the labor market, often cited by those calling for rate cuts, is unlikely to persuade the Fed this year, as inflation will remain the main driver of monetary policy decisions. "Our baseline call has been that the Fed will remain on hold this year," Morgan Stanley said in a recent podcast . Related articles Inflation surge, hiring cuts are coming as firms' tariff tactics near limits: MS After soaring 149%, this stock is back in our AI's favor - & already +25% in July Apollo economist warns: AI bubble now bigger than 1990s tech mania Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
CNBC
4 hours ago
- CNBC
Walmart's weak profit growth wasn't as good as it could've been, says Morgan Stanley's Simeon Gutman
Simeon Gutman, Morgan Stanley retail analyst, joins 'Power Lunch' to discuss how much investors should read into Walmart's earnings miss, the 'story behind the story' with the report and much more.
