14 05, 2024

GameStop Gains 200% in 24 Hours as the Meme Stocks Are at it Again: Still Room to BUY GME?

By |2024-05-14T17:40:10+00:00May 14th, 2024|Categories: Feature: Stock Market Investing, Featured: News, Stock Market News|Tags: , , , , , , , , , , |

GameStop (GME) is up more than 64% today, picking up where it left off yesterday for a total gain of more than 200% to start the week. All this comes as a result of the members of the subreddit WallStreetBets deciding to send shares surging once more. The stock reached more than 1,200 mentions [...]

28 03, 2024

Walgreens is Still Struggling With Profitability After Q2 Earnings Miss: Should You Sell WBA?

By |2024-04-01T17:10:20+00:00March 28th, 2024|Categories: Feature: Stock Market Investing, Featured: News, Stock Market News|Tags: , , , , , , , , , |

Shares of Walgreens Boots Alliance (WBA) are relatively flat this morning after the company reported second-quarter earnings that have analysts and investors alike concerned about profits and the long-term viability of the company’s business model. Last quarter, we wrote about Walgreens cutting their quarterly dividend and the fallout that ensued - including removal from [...]

27 03, 2024

GameStop Falls 16% on Earnings Miss, Concern of Long-Term Viability: Should You Sell GME?

By |2024-03-27T16:44:27+00:00March 27th, 2024|Categories: Feature: Stock Market Investing, Featured: News, Stock Market News|Tags: , , , , , , , , , |

Shares of GameStop Corporation (GME) are down more than 16% Wednesday morning after the company came in well short of expectations in the fourth quarter. The video game retailer reported revenue of $1.79 billion, missing the analyst consensus of $2.05 billion by a wide margin. This was a big step backward year over year, [...]

1 03, 2024

SoundHound Takes a Breather After 292% Growth: What Do the Latest Earnings Mean for Investors?

By |2024-03-01T16:57:40+00:00March 1st, 2024|Categories: Feature: Stock Market Investing, Featured: News, Stock Market News|Tags: , , , , , , , , , |

SoundHound AI (SOUN) was up more than 292% leading into its Q4 earnings day Thursday. Anticipation was high, as is the case for any AI company these days. The conversational AI company did not deliver, though. Shares have taken a step back in Friday’s trading session. SOUN fell as much as 24% but has [...]

29 02, 2024

Best Buy Gets a Boost on Earnings, But is it Time to Buy This Stock? 3 Things for Investors to Consider

By |2024-02-29T17:28:43+00:00February 29th, 2024|Categories: Feature: Stock Market Investing, Featured: News, Stock Market News|Tags: , , , , , , , , |

Best Buy (BBY) delivered impressive holiday quarter earnings that beat analyst expectations, giving the stock a 5% boost so far Thursday. It’s on track for its best performance since November 2022. The company’s dwindling sales have been a burden for some time, but it appears as if things are finally trending back in the [...]

7 12, 2023

Chewy Misses on Revenue, Surprises on Earnings: 3 Things Investors Need to Know as the Stock Falls

By |2023-12-07T19:46:43+00:00December 7th, 2023|Categories: Feature: Stock Market Investing, Featured: News, Stock Market News|Tags: , , , , , , , |

Chewy (CHWY) fell more than 11% this morning after the online pet supply store delivered third-quarter earnings with a mixed bag of results. While revenue lagged, an earnings beat was a positive surprise. The company reported revenue of $2.74 billion, a slight improvement year over year compared to the $2.53 billion reported in 2022. [...]

29 11, 2023

Petco Plummets After 3rd Quarter Loss and Dreary Outlook: 3 Reasons It’s Time to Sell WOOF

By |2023-12-07T19:47:19+00:00November 29th, 2023|Categories: Feature: Stock Market Investing, Featured: News, Stock Market News|Tags: , , , , , , |

Petco Health & Wellness Co. (WOOF) is down more than 25% in Wednesday morning trading after delivering 3rd quarter earnings that featured a surprise loss. The pet supply store reported total sales of $1.49 billion, which came in just below the consensus of $1.51 billion. This was also a 0.5% drop year over year, [...]

29 08, 2023

Best Buy Appears to Be Struggling Despite an Earnings Beat: Time to Buy or Sell This Stock?

By |2023-12-07T19:53:35+00:00August 29th, 2023|Categories: Earnings Announcements, Feature: Stock Market Investing, Featured: News, Stock Market News|Tags: , , , , , , , |

Best Buy (BBY) reported second-quarter earnings early this Tuesday morning that topped the analysis consensus. And yet, the key takeaway from the earnings call is that the electronics retailer is struggling beneath the surface. After the company strategically set low expectations for this quarter way back in May, the consensus remained low - setting [...]

31 05, 2023

Advanced Auto Parts Drops 33% After Abysmal Earnings and Outlook – is it Time to Cut Losses?

By |2023-12-07T20:50:32+00:00May 31st, 2023|Categories: Feature: Stock Market Investing, Featured: News, Stock Market News|Tags: , , , , |

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 [...]

17 05, 2023

RH Stock Rebounds After Being Dumped By Berkshire Hathaway – But We Still See 2 Issues…

By |2023-12-07T20:50:56+00:00May 17th, 2023|Categories: Feature: Stock Market Investing, Featured: News, Stock Market News|Tags: , , , |

Tuesday morning, the market reacted to news that Warren Buffet’s Berkshire Hathaway had offloaded its entire stake in Restoration Hardware (RH). This sent shares down more than 8% - but the road to recovery is well underway. Berkshire Hathaway has been a key shareholder in RH since 2019. This was right around the beginning [...]

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