ATI Inc Hits 9-year high – Can it continue its run?
by Leslie N. Masonson, MBA ATI Inc., a NYSE-listed firm (ATI), is headquartered in Dallas and has a rich history dating back to its establishment in 1996. With a workforce of 6,700 employees, this company, previously known as Allegheny Technologies, has established itself as a global leader in the production of integrated specialty materials and components across a range [...]
UniSearch ETF Tool – The Basics
by Leslie N. Masonson, MBA In my previous article, I reviewed the VectorVest ETF Viewer which contains a multi-column sortable database of over 1,800 ETFs. They are ranked on their VST (default), the master ranking criteria, which ranks them from the highest to lowest. Of course, any other metric column can be used to rank the universe for the [...]
Shutterstock Cashes in on OpenAI Partnership, Gains 8% – Is it Enough to Earn the Stock a Buy?
Early this morning, Shutterstock (SSTK) released an update on its partnership with OpenAI. The contract has been expanded to 6 years and with a renewed scope. The two companies have been working together since 2021. But just last fall in October, Shutterstock made official the news that it planned to offer AI-generated images to its customers - powered through [...]
Rivian is Up 22% in the Past Week on Webush Upgrade, Supply Chain Improvements: Time to Buy?
Rivian (RIVN) was once the company behind one of the stock market’s largest IPOs in history. Since debuting at nearly $130/share, it’s fallen from grace to as low as $12/share. But today, RIVN stock is climbing on speculation that it’s all finally coming together for the electric automaker. Last week, the company saw a 19% gain on news that [...]
Levi Strauss Stock Drops on Downtrodden Earnings & Outlook: Should You Sell or Weather the Storm?
During Thursday’s extended trading session, Levi Strauss (LEVI) dropped their earnings report for the second quarter. And, while results did narrowly surpass the analyst estimates, they were weak. Shares of the stock are down more than 7% so far on Friday. The company reported revenue that fell right in line with what experts were projecting - $1.34 billion on [...]
Will Threads Really “Kill Twitter” and Add Billions to Meta Revenue? What Zucks Latest Move Means
Yesterday, Mark Zuckerberg and the Meta (META) team unveiled their latest product - Threads. While the release was slated for Thursday morning, the team started the party early. And as you can imagine, the app is already making waves. If you haven’t gotten the chance to see it yourself, it’s essentially Twitter in a different package. Instagram users can [...]