27 03, 2024

Merck Spikes After FDA Approval, Sends Competitors Reeling

By |2024-03-27T18:02:47+00:00March 27th, 2024|Categories: Feature: Stock Market Investing, Featured: News, Stock Market News|Tags: , , , , , , |

Merck (MRK) received US FDA approval on Tuesday after the market’s close for Winrevair to treat pulmonary arterial hypertension (PAH), causing the stock to climb 4.6% pre-market. The company’s market cap is around $332.7 billion, indicating any notable movement is a result of a significant event, so the approval demonstrates a pretty big win [...]

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, [...]

26 03, 2024

Krispy Kreme Soars 30% on McDonald’s Distribution Partnership, But Is it Enough to Earn DNUT a Buy?

By |2024-03-26T16:31:53+00:00March 26th, 2024|Categories: Feature: Stock Market Investing, Featured: News, Stock Market News|Tags: , , , , , , , |

Krispy Kreme (DNUT) is up more than 30% in Tuesday trading after the Winston-Salem, NC company announced a strategic partnership with worldwide fast-food chain McDonald’s.  The rollout will begin in the back half of this year, at which point customers will be able to buy Krispy Kreme doughnuts at select McDonald’s. The partnership will [...]

25 03, 2024

Dell Gains on Nvidia Partnership While Others Fall: 3 Other Reasons to Buy DELL Stock Today

By |2024-03-25T16:45:10+00:00March 25th, 2024|Categories: Feature: Stock Market Investing, Featured: News, Stock Market News|Tags: , , , , , , , |

Last week we saw a bit of a sell-off in the AI and tech industries as a whole, but one stock actually managed to gain about 5% - Dell Technologies Inc. (DELL). This came after the hardware manufacturer got a shout-out from Wall Street darling Nvidia. Nvidia CEO Jensen Huang delivered a GTC Keynote [...]

22 03, 2024

FedEx is Up 8% After Beating Earnings, Approving $5b Buyback: 3 Other Reasons to Buy FDX

By |2024-03-22T15:22:04+00:00March 22nd, 2024|Categories: Feature: Stock Market Investing, Featured: News, Stock Market News|Tags: , , , , , , |

FedEx (FDX) is ending the week with a bang. The stock is up more than 8% Friday morning after the company beat the expectations for third-quarter earnings and announced a massive stock buyback program. The company did disappoint in revenue, with a 2% slip year over year to $21.7 billion. However, the bottom line [...]

21 03, 2024

Micron Technology is Up 15% on AI-Driven Earnings Beat and Outlook: Why MU is a BUY Today

By |2024-03-22T16:07:04+00:00March 21st, 2024|Categories: Feature: Stock Market Investing, Featured: News, Stock Market News|Tags: , , , , , , , , |

Shares of Micron Technology (MU) surged more than 15% Thursday after the company’s fiscal second-quarter earnings easily beat the consensus, driven by the AI craze. The company doubled down on these results with an upbeat outlook for the road ahead, too. The memory and storage chip manufacturer grew revenue from just $3.69 billion this [...]

20 03, 2024

Chipotle Climbs on Approval of 50 to 1 Stock Split – Here are 3 Other Reasons to BUY CMG Today…

By |2024-03-20T16:13:21+00:00March 20th, 2024|Categories: Feature: Stock Market Investing, Featured: News, Stock Market News|Tags: , , , , , , , , |

Chipotle Mexican Grill (CMG) climbed 6% higher Wednesday morning after announcing that its board of directors had approved a 50 to 1 stock split. This will make the stock more accessible to employees along with other retail investors, as it currently trades at around $2,973/share. If the company gains shareholder approval for the move [...]

19 03, 2024

XPeng Drives Revenue and Margin Higher to Beat Earnings: Is it Time to Buy XPEV, Yet?

By |2024-03-19T17:23:19+00:00March 19th, 2024|Categories: Feature: Stock Market Investing, Featured: News, Stock Market News|Tags: , , , , , , , , |

Chinese EV manufacturer XPeng Inc. (XPEV) posted impressive Q4 earnings that beat the top and bottom line, initially sending shares higher Tuesday morning. They’ve since cooled off and settled around even on the day. The company grew revenue by a whopping 154% to RMB13.05 billion ($1.84 billion). This easily outpaced the FactSet consensus of [...]

18 03, 2024

Enphase is Down 14% on High Interest Rates: Insiders are Selling ENPH, Should You Follow Suit?

By |2024-03-18T16:31:23+00:00March 18th, 2024|Categories: Feature: Stock Market Investing, Featured: News, Stock Market News|Tags: , , , , , , , , |

Enphase Energy (ENPH) has fallen more than 14% in the past week as concern surrounding high interest rates continues to mount. This has prompted sharp sell-offs, which include insider selling. Interest rates are at a 23-year high today, and the Fed won’t take action anytime soon as consumer and wholesale inflation are both concerns [...]

15 03, 2024

Adobe Dips 14% After Beating Earnings, But Disappointing on Guidance: Why it’s Time to Sell

By |2024-03-15T16:41:45+00:00March 15th, 2024|Categories: Feature: Stock Market Investing, Featured: News, Stock Market News|Tags: , , , , , , , |

Shares of Adobe (ADBE) are down more than 14% Friday morning after the company delivered its first-quarter earnings for fiscal 2024. The company delivered on earnings, but its outlook for the quarters to come left much to be desired and spurred negative investor sentiment. Adobe’s results included an 11% growth in revenue to $5.18 [...]

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