Unity upgrade, UiPath earnings, Regeneron drug trial results
Yahoo Finance host Brad Smith tracks today's top moving stocks and biggest market stories in this Market Minute, including Unity Software's (U) upgrade to Buy from Jefferies analysts, UiPath (PATH) beating its earnings estimates, and Regeneron Pharmaceuticals (REGN) taking a stock hit on its mixed drug trial results for an experimental treatment to a condition referred to as smoker's lung.
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Business Insider
22 minutes ago
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Cummins India Limited (CUMMINSIND) Receives a Buy from Prabhudas Lilladher
In a report released yesterday, from Prabhudas Lilladher maintained a Buy rating on Cummins India Limited (CUMMINSIND – Research Report), with a price target of INR3,646.00. The company's shares closed last Friday at INR3,268.10. Confident Investing Starts Here: In addition to Prabhudas Lilladher, Cummins India Limited also received a Buy from Nomura's Umesh Raut in a report issued yesterday. However, on the same day, Jefferies maintained a Sell rating on Cummins India Limited (NSE: CUMMINSIND). The company has a one-year high of INR4,169.50 and a one-year low of INR2,594.75. Currently, Cummins India Limited has an average volume of 13.69K.
Yahoo
an hour ago
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If You Invested $10K In Crown Castle Stock 10 Years Ago, How Much Would You Have Now?
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Crown Castle Inc. (NYSE:CCI) owns, operates and leases more than 40,000 cell towers and approximately 90,000 route miles of fiber supporting small cells and fiber solutions across every major U.S. market. The company's stock traded at approximately $81.92 per share 10 years ago. If you had invested $10,000, you could have bought roughly 122 shares. Currently, shares trade at $100.16, meaning your investment's value could have grown to $12,227 from stock price appreciation alone. However, Crown Castle also paid dividends during these 10 years. Don't Miss: 'Scrolling To UBI' — Deloitte's #1 fastest-growing software company allows users to earn money on their phones. Hasbro, MGM, and Skechers trust this AI marketing firm — Crown Castle's dividend yield is currently 4.25%. Over the last 10 years, it has paid about $57.21 in dividends per share, which means you could have made $6,984 from dividends alone. Summing up $12,227 and $6,983, we end up with the final value of your investment, which is $19,210. This is how much you could have made if you had invested $10,000 in Crown Castle stock 10 years ago. This means a total return of 92.10%. However, this figure is significantly less than the S&P 500 total return for the same period, which was 229.70%. Crown Castle has a consensus rating of "Buy" and a price target of $124.07 based on the ratings of 29 analysts. The price target implies around 24% potential upside from the current stock price. Trending: Invest Where It Hurts — And Help Millions Heal: On April 30, the company announced its Q1 2025 earnings, posting FFO of $1.10, beating the consensus estimate of $0.97, while revenues of $1.01 billion missed the consensus of $1.04 billion, as reported by Benzinga. 'We delivered solid operational and financial results in the first quarter, as a continuation of strong activity levels in the U.S. drove 5% organic growth in our tower business excluding the impact of Sprint Cancellations, positioning us well to meet our full year 2025 Outlook," said CEO Dan Schlanger. For its full-year 2025, the company expects AFFO per share in the range of $4.06 to $4.17. Given the expected upside potential, growth-focused investors may find Crown Castle stock attractive. Furthermore, they can benefit from the company's solid dividend yield of 4.25%. Check out this article by Benzinga for three more stocks offering high dividend yields. Read Next: , which provides access to a pool of short-term loans backed by residential real estate with just a $100 minimum. Deloitte's fastest-growing software company partners with Amazon, Walmart & Target – Image: Shutterstock Send To MSN: 0 This article If You Invested $10K In Crown Castle Stock 10 Years Ago, How Much Would You Have Now? originally appeared on Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data


CNBC
2 hours ago
- CNBC
Apple's China rival Xiaomi still has major upside, analysts say, even after record earnings
Chinese smartphone company Xiaomi in the last week reported record net profit for a second-straight quarter, bolstering several analysts' conviction on the Hong Kong-listed stock. In absolute dollar terms, Xiaomi's earnings are still a fraction of Apple's . But the Chinese company has a larger smartphone market share in China , and has built an electric vehicle business, while the iPhone maker dropped its car plans . Apple in recent months has also come under pressure from the Trump administration over its overseas supply chain. Apple shares are down 20% year-to-date to around $200. Xiaomi's have gained more than 45% to 50.95 Hong Kong dollars ($6.50) a share. Following Xiaomi's earnings report on May 27, Jefferies analysts raised their price target to 73 HKD, up from 69.50 HKD previously — for upside of 43% from Friday's close. The analysts attributed the company's earnings beat to outperformance in "AIoT." The category refers to Xiaomi's appliances, which incorporate artificial intelligence functions and can be controlled remotely over the internet using an app. Xiaomi's adjusted net income for the first quarter was 10.68 billion yuan ($1.48 billion), beating the expected 9.48 billion yuan, according to a FactSet analyst poll. Revenue of 111.29 billion yuan also came in above the 108.49 billion yuan predicted by the poll. In smartphones, Xiaomi has become more conservative about the global outlook, but the Jefferies analysts pointed out the company will likely continue to gain market share in the high-end China market with its new Xring O1 chip. Xiaomi officially revealed the chip on May 22 and said it would power its new 15S Pro smartphone, which sells for far less than Apple's iPhone 16 Pro in China. CEO Lei Jun claimed at the event that Xiaomi's Xring O1 Apple's A18 Pro on several metrics, including the ability to operate a game with less heat. Smartphones account for just under 40% of Xiaomi's revenue. Appliances and other products make up nearly 22%. "We believe appliances represent major upside in the next two years, but [Xiaomi's electric SUV] YU7 sales will be [the] key [short-term] catalyst," the Jefferies analysts said. Xiaomi revealed its YU7 SUV at the same May 22 event. While the company didn't announce a price, it said an official launch would be held in July and that the new car would come with a longer driving range than rival Tesla's Model Y. "We believe the launch of YU7, scheduled for July 2025, will likely be the most important catalyst for Xiaomi this year," Morgan Stanley analysts said in a May 27 report. They expect the SUV can garner a higher price point than Xiaomi's SU7 electric sedan that hit the market last year. "If sales volume is strong, it could help Xiaomi achieve higher ASPs, better margins, and ongoing earnings growth," the Morgan Stanley analysts said. They rate Xiaomi overweight and have a price target of 62 HKD. In addition to the YU7 release this summer, several analysts said they are looking forward to Xiaomi's investor day, scheduled for June 3. Those are both potential positive catalysts, Macquarie said. "We believe Xiaomi is a beneficiary of rising EV demand, changing consumer behavior, and industry consolidation in China." "The company is widening its core business product offerings, expanding overseas and controlling [operating expenses] to drive profitability," the report said. Macquarie rates the stock outperform, with a price target of 69.32 HKD. JPMorgan analysts kept their neutral rating, however, as they said Xiaomi's ecosystem-related revenue growth was the slowest among major categories — not supportive of a high valuation in their view. They cautioned that while Apple was able to gain value once services started driving growth instead of hardware, Xiaomi has seen accelerating hardware growth while services has grown more slowly. Their price target is 60 HKD, still about 18% above where the stock closed Friday. — CNBC's Michael Bloom contributed to this report.