Shares of Nvidia Corp. (NVDA) are up slightly in Wednesday morning trading as Elon Musk spoke to Tesla about relying on the company’s chips for its electric vehicles. Musk plans on ordering between $3 billion to $4 billion worth of chips throughout this year for Tesla, which will make up nearly two-thirds of the [...]
The impending release of the latest US employment data, scheduled for this Friday, carries significant weight. According to US News, economists are projecting the addition of 190,000 jobs in May, which would maintain the unemployment rate at 3.9%. Following April’s gain of 175,000 jobs, this anticipated increase in employment signals growth and is technically [...]
Hertz Global Holdings Inc. (HTZ) fell more than 7% yesterday after announcing that two key executives - who spent as little as 6 months with the company - were resigning. This follows the resignation of its CEO just a few months back after the car rental company struggled to gain footing in its new [...]
Written by: Angela Akers If you want to be a successful investor, you must know what your investment style is. If you want to be a successful investor that finds investing easy, you should buy stocks that are consistent with that style. As a reminder, the VectorVest Investment Matrix is talked about in great [...]
Online pet product retailer Chewy Inc. (CHWY) skyrocketed 30% last week after reporting an impressive first-quarter performance on both the top and bottom lines. The company’s sales were up 3% to $2.88 billion, driven in part by growth in auto-ship orders of 6%. Meanwhile, improvements in net sales per active customer of 10% suggest [...]
Monday: Mixed Start The week started quietly as investors anticipated key economic data due later in the week. Market activity was relatively subdued with minor movements in the major indices. The anticipation set the tone for a cautious trading environment. Tuesday: Rising Treasury Yields Weigh on Market With key economic data due out at [...]
Gap Inc. (GPS) delivered an impressive Q1 performance, beating the analyst consensus on both the top and bottom lines. The stock has climbed 26% so far in Friday’s trading session in response. Sales grew 3% to $3.4 billion in the first quarter, driven in part by stronger sales in the Old Navy brand. Analysts [...]
Salesforce.com (CRM) is at risk of taking on its biggest single-day loss since August of 2008 today. The company’s Q1 earnings sent shares down more than 20% Thursday morning as the software industry continues to get battered and bruised. Fiscal first-quarter revenue came in at $9.13 billion, which was slightly below the FactSet consensus [...]
The world of investing and trading can often seem like a labyrinth of data and jargon. However, one crucial piece of information that can significantly impact your investment decisions is the Personal Consumption Expenditures (PCE) data. With the upcoming PCE release this week, it’s essential to understand what this data is, how it differs [...]
Late yesterday afternoon American Airlines Group Inc. (AAL) updated its profit outlook for the current quarter, sending shares plummeting. The stock is down 19% in the past week now, and it may be time to sell if you’re holding AAL. The real concern here is that this is supposed to be the airliner’s best [...]
