Just a few weeks ago we talked about the backlash Target (TGT) faced as a result of their LGBTQ+ friendly line - and the subsequent pulling of that line from the shelves. And now, it’s becoming more apparent that the retailer faces another headwind on the horizon. As the student loan restart is scheduled [...]
Monday morning’s trading session saw a big boost in Palo Alto Networks stock (PANW). The company is just a few short weeks away from joining the ranks of the S&P 500 index. And as a result, the stock is up 5% so far today. The cybersecurity company is set to replace Dish on June [...]
The world of investing is fraught with debates, and perhaps one of the most contentious is the practice of market timing. Market timing is as divisive as it is intriguing. It’s a method that some investors swear by while others vehemently dismiss. The allure of profiting from correctly predicting market fluctuations is undeniable. Yet, the [...]
Lululemon (LULU) decided to end the week with a bang as it reported fiscal first-quarter earnings Thursday evening, resulting in a trading frenzy Friday morning. The athleticwear company beat analyst estimates for both earnings and sales figures. EPS of $2.28 topped the expected $1.98, while revenue of $2 billion outperformed the estimated $1.93 billion [...]
After the market closed yesterday, C3.ai (AI) reported fiscal 4th quarter earnings. The company exceeded analyst estimates for revenue and profit alike - and yet, the stock fell off a cliff. Revenue of $72.4 million came in well above the $71 million estimation from Wall Street. And while the company still reported a negative [...]
This morning, Advanced Auto Parts (AAP) released first-quarter earnings that came in way under expectations. Along with a dismal earnings report, the company weakened its outlook and slashed its quarterly dividend. Safe to say things are tumultuous right now for the North Carolina-based company. While analysts were expecting an EPS of $2.57/share, the company [...]
The theme for the past year or so has been that Elon Musks’ focus on Twitter has resulted in the downfall of Tesla (TSLA). But, a recent trip to China to visit Tesla production plants has investors excited that the eccentric CEO is refocused on his automobile company. The Shanghai Gigafactory plant is still [...]
Written by: Angela Akers The Fed’s preferred measure of inflation was released today, the Personal Consumptions Expenditures Index. The numbers came in higher than the previous month and higher than expected. The minutes of the Federal Reserve’s May meeting were released earlier this week showing Fed officials were split over a pause in rate [...]
Yesterday, Palantir (PLTR) and the Ukrainian government announced that the two parties have struck a deal. Palantir’s technology will be a crucial part of Ukraine’s reconstruction efforts going forward. The software company empowered its users to make key decisions based on machined-assisted and human-driven data analysis. The use case in Ukraine is to catalog [...]
Nvidia (NVDA) stole the show in Thursday morning’s trading session, after a 1st quarter earnings report that shook the financial world up. The stock is currently up 27% as of Noon. Today’s performance is poised to be the biggest single-day rise in market value at over $200 billion. For the first quarter, the [...]
