Zillow Stock Is Being Hammered to a New Low by Poor Guidance

Text size Wall Street is getting more worried the deteriorating housing market will hurt Zillow Group (ZG). On Tuesday, Zillow posted third-quarter revenue of $343 million, slightly below the $344 million consensus estimate, according to Refinitiv. More significantly, the midpoint of the company’s guidance for the fourth quarter fell far short of Street expectations. The …

Apple Stock Is Tumbling as Analysts Fret About Emerging Markets and Less

Text size Wall Street is getting more concerned economic weakness in emerging-market countries will hurt Apple (AAPL). On Thursday, Apple posted fiscal fourth-quarter earnings per share of $2.91 on revenue of $62.9 billion, topping consensus estimates for EPS of $2.78 on revenue of $61.46 billion, according to FactSet. But the midpoint of the company’s guidance …

9 Stocks to Buy After an 'Overdone' Market Selloff, According to Goldman Sachs

Text size The dramatic plunge in stocks this month is a good buying opportunity, according to Goldman Sachs. The firm’s U.S. equity strategist David Kostin reiterated his year-end price target of 2,850 for the S&P 500, representing 7% upside from Friday’s close. “The recent sell-off has priced too sharp of a near-term growth slowdown. We …