Interactive Brokers Continues To Grow Its Sales, Revenue and Earnings
Interactive Brokers (NASDAQ:IBKR) is a highly automated global broker that offers low-cost seamless access to multiple asset (stocks, options, futures, forex, commodities, bonds, crypto, mutual funds and ETFs) to its two million client accounts composed of individuals, institutions, introducing brokers, and financial advisors. The firm operates in over 150 market centers in 33 countries and 26 currencies. The firm [...]
DraftKings Rallies 27% After Favorable Earnings & Raised Outlook, But We See 2 Issues with the Stock
Friday morning saw DraftKing (DKNG) shares soar 15% higher after the company reported impressive earnings for the fiscal fourth quarter and raised its outlook for 2023. After the weekend, this trend continued. In Monday morning’s trading session, the stock is already up another 15%. Investors are in a frenzy over DraftKings after the company reported revenue of $855 [...]
Applied Materials Semiconductor Sales Launch Revenues to New Highs—Here are the Challenges Ahead
There's positive news for Applied Materials, a semiconductor equipment vendor that beat earnings targets for first-quarter fiscal 2023. The company earned an adjusted $2.03 a share on $6.74 billion in sales - above analysts' expectations of $1.93 a share on sales of $6.69 billion and Applied Materials's own prediction of $1.84 a share on $6.4 billion in sales year [...]
Deere Stock Jumps After Earnings Beat & Revised Outlook: 3 Things for Investors to be Excited About
John Deere (DE) stock welcomed Friday’s trading session with a nice 7% bump - and it doesn’t appear to be slowing down any time soon. This came as a result of an impressive earnings beat and a revised outlook for the year ahead. The company walloped Wall Street’s estimates for the first fiscal quarter of the year, reporting an [...]
Impressive Earnings & Positive Outlook Sends Trade Desk Shares 35% Higher: Is it Time to Buy, Though?
It was an exciting Wednesday trading session for Trade Desk (TTD) investors. The advertising technology company reported earnings for the 4th quarter of 2022 and provided an outlook for the year ahead which sent shares into a frenzy. The company grew 24% in the 4th quarter despite most of its competitors taking a step backward. Revenue beat analyst estimates [...]
Airbnb Stock Soars After Bullish Q4 Outlook—But Can It Keep Going?
After several years of dealing with the economic fallout of the pandemic, it looks like some tech stocks may be turning a corner. Airbnb stock skyrocketed 12% Wednesday after exceeding investor expectations during its fourth-quarter report. The company reported higher-than-expected revenue projections and implemented tight cost controls in Q4, leading many analysts to believe that there could be more [...]
