Ahead of Intel’s (NASDAQ:INTC) recently posted third-quarter results, the stock rallied, in accordance with its tradition. INTC stock rose steadily from $52 to $56 ahead of its earnings, only to plunge and close below $50 after the results were released. Source: Kate Krav-Rude / Shutterstock.com Why did investors bet that Intel would beat analysts’ average
In this article AAPL Halfway through third-quarter earnings season, and there are two key catalysts: Demand is strong. Cost inflation and supply-chain issues are the main headwind, but companies are learning to navigate through them. In some cases, supply chain disruption has taken a serious toll. Apple CEO Tim Cook said supply chain issues had cost
In this article ZEN CVX MNTV XOM NWL CL Check out the companies making headlines before the bell: Chevron (CVX) – Chevron gained 2.1% in the premarket after posting its highest quarterly profit in 8 years amid surging energy prices. Chevron earned an adjusted $2.96 per share for the third quarter, beating the $2.21 consensus
One of the lidar industry’s most controversial players, Microvision (NASDAQ:MVIS) reported Q3 earnings last night. Microvision, a veteran in laser beam scanning technology, is one of almost a dozen companies vying for a share of the automotive lidar market. Its position as a leader in this scorching-hot space has helped propel MVIS stock 72% year-to-date.
All is well in the electric vehicle (EV) world. Or is it? Tesla (NASDAQ:TSLA) shares may be rallying to new all-time highs after earnings, but that doesn’t mean the rest of the space is doing well. Take Nio (NYSE:NIO) for example. While NIO stock is up more than 20% from this month’s low, the stock
DraftKings (NASDAQ:DKNG) stock has underperformed, remaining sideways so far in 2021. Elsewhere in the market, cryptocurrencies have been providing multi-fold returns at the blink of an eye. In such a scenario, investors seem to have less patience with trades like DKNG stock and favor cryptos instead. Source: Tada Images / Shutterstock.com However, it would be
Amazon’s Shannon Building in Dublin. Artur Widak | NurPhoto | Getty Images Check out the companies making headlines after the bell: Amazon — Shares of the e-commerce giant dropped more than 4% in extended trading on Thursday after a disappointing quarterly earnings report. Amazon posted an EPS of $6.12 for the third quarter, badly missing the
I recently read an article discussing the 20-year performance of Toronto-Dominion Bank (NYSE:TD), one of Canada’s biggest banks. I wonder if there are stocks to buy that will do better than TD over the long haul. I like to use Morningstar.com for projecting annualized returns. Since it only goes as far out as 15 years,
Every time I write about Skillz (NYSE:SKLZ) I realize that analysts keep lowering their sales projections for the gaming company. Actually, it’s a software company that helps developers make their own games. Maybe after the company announces its third-quarter earnings on Nov. 3, SKLZ stock can turn around. Source: NYCStock / Shutterstock.com As of Oct.
The story of ContextLogic (NASDAQ:WISH) has evolved since it went public in December. At first, WISH stock was a hot e-commerce play, priced as if its pandemic-era growth rates would persist. Source: sdx15 / Shutterstock.com Months later, as its pandemic tailwinds faded, it became a short-squeeze play. Retail traders piled in, hoping to squeeze it just
Two Medical Products Stocks with Recent Price Strength.
Located far away from the hustle and bustle of many of the busiest cities of the world, the Caribbean region is known as one of the world’s top vacation destinations. With as many as 43.7 million residents as of 2021 and more than 7,000 individual islands (plus 13 sovereign states and 12 dependencies), the Caribbean
It’s fascinating to have witnessed the change in sentiment over electric delivery van maker Workhorse Group (NASDAQ:WKHS). When WKHS stock was soaring, traders had a love affair with Workhorse — but that didn’t last very long. Source: rblfmr / Shutterstock.com Now that the share price has come back to earth, it’s hard to find any Workhorse
I wrote about AT&T (NYSE:T) in early September and advised that prudence should govern any decision about T stock. Since that article, T stock is down 6%. However, most of that occurred after the ex-dividend date for the company’s upcoming Nov. 1, 2021 dividend payout. Score one for prudence. Source: Jonathan Weiss / Shutterstock.com Investor sentiment began to sour in
Robinhood (NASDAQ:HOOD) just posted a down quarter in terms of revenue growth and earnings compared to last quarter. Its crypto trading was a big portion of its revenue in Q2. Now, as seen in its latest earnings for the third quarter released on Oct. 26, crypto transactions fell dramatically. As a result, don’t expect HOOD stock
In this article CMCSA CAT MRK TPX F EBAY Check out the companies making headlines before the bell: Comcast (CMCSA) – The parent of NBCUniversal and CNBC reported adjusted quarterly earnings of 87 cents per share, 12 cents above estimates. Revenue also beat forecasts as cable and broadband revenue grew, and the stock jumped 3%
Coupang (NYSE:CPNG) is the leader of the South Korean e-commerce market. The company successfully completed its initial public offering (IPO) this spring, and its shares started trading around $50. That was close to the high-water mark for CPNG stock; the shares have skidded to less than $30 now. Source: Ki young / Shutterstock.com The company
Another step in Lucid (NASDAQ:LCID) global expansion took place on Oct. 14. The luxury electric vehicle brand opened its first Canadian studio in downtown Vancouver. It’s now ready to take reservations for Canadians eager to plunk down 105,000 CAD for the Lucid Air Pure. As the company takes its show on the road, owners of
As I predicted a few weeks back, the choppy uptrend in tech-focused acquisitions company Vinco Ventures (NASDAQ:BBIG) appears to have come to an end. Following an 800%-plus year-to-date gain, BBIG stock topped out in early September. Shares now sit more than 60% below that high, following a 44% drop in the past week and a
In this article TWLO TDOC EBAY F Ford Motor Company world headquarters, Dearborn, Michigan on January 19, 2021. Aaron J. Thornton | Getty Images Check out the companies making headlines in after-hours trading: Ford Motor — Shares of the automaker jumped more than 5% after it nearly doubled analysts’ third-quarter earnings expectations and recorded a