Adobe Systems (ADBE) was moving early during Friday morning’s pre-market trading, and that manifested itself in an almost 6% gain when trading opened. This was the result of the company coming ahead of Wall Street expectations during the 4th quarter. The company reported adjusted earnings per share of $3.60, which beat the $3.50 [...]
Tesla continues to be put on the back burner as Elon Musk dedicates his attention - and now, his resources - to Twitter. Since purchasing the social media platform for roughly $44 billion, Tesla has slowly but surely started to fall. And investors are finally starting to ask - is now the time to [...]
Delta Air Lines has doubled down on the momentum that’s been growing for them over the past few months. Early Wednesday morning they put out a press release stating that their “recession is over”. The post-pandemic travel boom is just beginning. Executives state that it’s unlikely the company will ever see the same level [...]
Boeing and United Airlines were both in the headlines this Tuesday morning after striking a deal for the sale of 100 Boeing 787 Dreamliners. The deal also carries the option to purchase 100 more 787 Dreamliners at a later date. While delivery for these 100 aircraft won’t take place until sometime between 2024 and [...]
Friday morning was brutal for Autolus Therapeutics (AUTL) and its investors as shares plummeted over 35%. This was caused by the announcement executives at the company made yesterday after the market closed. In short, the company is diluting the shares and diminishing stock value. The company plans to initiate 75 million American depositary shares [...]
Jabil Circuits is a Fortune 150 company, based in St. Petersburg, FL, with over $35 billion in annual revenue. A worldwide electronics manufacturer, designer, and supply chain provider, Jabil provides tailored products to over 300 well-known brands in the areas of mobile phones, packaging, healthcare diagnostic equipment, logistics, automation, and coffee machines. Among the [...]
Yesterday morning Reed Hastings - CEO of Netflix - went on the record to state that the company dropped the ball with its ad strategy. In fact, he states that Netflix should have launched its ad-supported tier years ago. In his interview with the New York Times, Hastings admitted he looked at advertising through [...]
Everyone’s favorite canned soup brand got a nice bump Wednesday morning after reporting impressive earnings that beat analyst expectations. Furthermore, the company rose its outlook for the full fiscal year of 2023. Investors are flocking to this stock as the timing is right. But - with upside potential and safety leaving much to be [...]
Shares of Sumo Logic (SUMO) are trading over 11% higher this morning after a positive 3rd quarter earnings report. The company outpaced the expectations from Wall Street analysts on both the top and bottom lines - but before you make your next move with this stock, we’ve identified 2 things you need to see. Before [...]
VanEck Gold Miners ETF (GDX) - Ready to Pop After Its 28% Jump in the Past Month Gold mining companies mine, explore and refine the commodity. The price of gold mining companies and ETFs, as well as the price of gold bars, have had a rough ride over the past decade, and have been [...]
