Adobe Drops Despite Earnings Beat as the Clock is Ticking for AI Return: Should Investors be Worried?
Shares of Adobe (ADBE) are down nearly 5% in Friday’s trading session after the cloud software firm reported third-quarter earnings. Despite beating the analyst consensus, the substantial investments in AI have yet to pay off. And, the outlook for the final quarter left much to be desired. Revenue for the quarter came in at $4.89 billion, barely outpacing analyst [...]
AMC Shares Climb After Securing $325.5m Equity Offering: Is it Enough to Keep the Company Alive?
AMC Entertainment Holdings (AMC), one of the most discussed meme stocks in recent history, secured $325.5 million in an at-the-market equity offering in hopes of keeping the company alive. The cinema chain and entertainment company has been on a tumultuous journey over the past few years. After getting the meme boost and seeing highs of $376/share in 2021, the [...]
Is Rocket Pharmaceuticals a Buy as the Stock Soars on FDA Trial Update? 3 Things to Consider
Gene therapy developer Rocket Pharmaceuticals (RCKT) investors woke up in delight as shares skyrocketed in Wednesday morning’s pre-market trading session. When the bell sounded, the stock continued its trajectory and it currently sits 38% higher than it last closed at. This comes after the company announced that it has aligned with the Food and Drug Administration (FDA) on the [...]
What is the Best Day of the Week to Buy Stocks?
Whether you’re swing trading vs day trading, finding the perfect entry point can be the difference between giving yourself room for profit or missing the boat and ending up with a losing position. This begs the question - what day of the week is best to buy stocks? The notion that there might be a “best” day of the week [...]
Oracle Drops 12% On Dismal Guidance Despite an Earnings Beat: What Does This Mean for Investors?
Shares of Oracle (ORCL) are down 12% so far in Tuesday morning’s trading session even after the company posted first-quarter earnings that beat the consensus. The problem? The dismal guidance for the second quarter ahead. Oracle has benefited as more and more companies rush to claim their stake in the AI marketplace. The demand for its cloud services burgeoned [...]
Hostess Gains 20% on Acquisition Rumors – Should You Ride the Hype and Buy TWNK?
Rumors have been circulating since August that Hostess Brands (TWNK) has been looking for a buyer. The latest update is that JM Smucker, the maker of Jif peanut butter, is preparing for a takeover that could cost as much as $5 billion. Reuters first reported the news that the famous Twinkie manufacturer had been searching for a buyer a [...]
