One of the tech companies everyone was anxiously awaiting a 4th quarter earnings report from is Apple - and it came late Thursday. The company came up short of analyst estimates on multiple figures, and yet, the stock is up 4% in Friday morning trading. Apple’s revenue took a hit in the final quarter [...]
Snapchat (SNAP) reported their 4th quarter earnings for 2022 yesterday, and once again came in under expectations. It appears the rumors of growing headwinds we discussed back in December of last year are proving to be true. SNAP reported an EPS of 14 cents which outperformed the expectation of 11 cents - but the [...]
Last year GM reported record-breaking full-year revenues of $10.4 billion. This year, the company did it again - outshining last year’s performance with a full-year adjusted income of $11 billion. The company also reported profits in excess of what analysts were expecting for the fourth quarter. Moreover, earnings per share were up to $2.12 [...]
LSI Industries Inc. (LYTS), founded in 1976 Cincinnati, Ohio, experienced a big price run-up on January 26, the day of their latest earnings call. The stock opened at $13.15 while closing at $14.98 the high for the day, an 11% sprint higher from the prior day’s close. This was the highest price compared to [...]
When we last wrote about SoFi, the stock was rated a sell with poor safety and timing. Insiders at the company were purchasing up shares despite what looked to be a tumultuous time at the company. But since then, SoFi has gained over 53% - and looks to have a solid trend with momentum [...]
Tools like ChatGPT are transforming the world right before our very eyes. We’re seeing the dismantling of the school system as students are able to write entire essays at the click of a button. And businesses are seeing the value in AI, too. The latest to buy into the hype is BuzzFeed (BZFD) - [...]
Chevron (CVX) announced Wednesday after trading hours that the company has approved a stock buyback program along with a dividend hike. After an incredible year for the energy sector as a whole - and Chevron as a company - they are investing in themselves and giving back to shareholders. The energy giant has been [...]
It looks as if the positive price trend AT&T (T) has experienced over the last 3 months will continue. Early Wednesday morning, the telecommunications company reported fourth-quarter earnings that left analysts and investors excited, sending the stock over 6% higher by 10:30 AM EST. Adjusted earnings came in at $0.61 cents/share, up 9% from [...]
Manufacturing giant 3M (MMM) delivered a lackluster performance in the most recent quarter. The company missed expectations for profits - but the real concern is the outlook for the year ahead. In this quarter last year, 3M recorded a net income of $1.34 billion - or $2.31 a share. This year, the figure was [...]
New YouTube Show "Savvy Investors at VectorVest" to Debut on VectorVest's Channel VectorVest, the leading provider of stock analysis and portfolio management software, is excited to announce the debut of a new YouTube show called, "Savvy Investors at VectorVest." Hosted by one of VectorVest's International Managing Directors, Susan HayesCulleton. The show will focus on [...]
