Smart Investing Blog2023-08-31T12:12:29+00:00
2703, 2024

Merck Spikes After FDA Approval, Sends Competitors Reeling

By |March 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 for the medical giant. Let’s [...]

2703, 2024

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

By |March 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, too, from $2.23 billion this [...]

2603, 2024

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

By |March 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 be nationwide by 2026. The [...]

2503, 2024

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

By |March 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 late last Monday in which [...]

2503, 2024

Market Recap: Last Week Tech-Led Surge Lifts Market as The Week Commenced

By |March 25th, 2024|Categories: Feature: Stock Market Investing, Featured: News, Market in Review, Stock Market News|Tags: , , , , |

Monday: Wall Street kicked off the week with an upward trajectory, buoyed by gains in the technology sector. The Dow rose by 0.2%, the S&P500 improved by 0.6%, and the tech-heavy Nasdaq surged by 0.8%. Tuesday: Despite initial uncertainty, the major indices closed higher, overcoming investor concerns about the upcoming Federal Reserve announcement. The Dow, S&P500, and Nasdaq all [...]

2203, 2024

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

By |March 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 saw a 14% improvement to [...]

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