Booz Allen Hamilton (BAH) is among many other AI stocks to make headlines recently. The consulting services firm got a boost after a Bank of America upgrade from neutral to buy. The firm raised its price target from $110 to $130. The AI company shares its data with the military and intelligence industry. It [...]
Shares of WeWork (WE) have been in a complete free-fall for the past year and it’s only getting worse. The stock has fallen more than 22% in Tuesday morning’s trading session after the company decided to forego bond interest rate payments despite having the means. The company is withholding $37.3 million in cash and [...]
Chinese electric automobile manufacturer Nio Inc. (NIO) was working towards a 5-day win streak on the stock market after reporting 3rd quarter earnings. But so far, the performance has been anything but positive. News of the company’s performance for the recent quarter sent shares more than 3% lower in Monday morning’s trading session thus [...]
By Leslie N. Masonson, MBA Brady Corporation (BRC), a NYSE firm incorporated in 1914, is headquartered in Milwaukee, Wisconsin. Currently, the company employs 5,600 individuals and has 44 million shares outstanding. BRC has reported revenues totaling $1.32 billion and annual sales of $1.33 billion. BRC’s market capitalization stands at $2.5 billion, and it pays [...]
Shares of Carnival Corp. (CCL) are down more than 5% in Friday morning’s trading session after the cruise line reported its first quarterly profit since before the pandemic. The company’s revenue of $6.85 billion represented not just a 59% growth, but also a new all-time high. The previous high was $6.53 billion in 2019. [...]
CarMax (KMX) reported fiscal second-quarter earnings that narrowly exceeded analyst expectations but spoke to a more grave concern of the used car market in general. The stock has fallen more than 9% in Thursday’s trading session as a result. Sales dropped from $8.145 billion this time last year to just $7.074 billion for the [...]
Threats of antitrust lawsuits and government intervention have been a concern for Amazon (AMZN) and its investors for years as the e-commerce giant gobbles up competition and appears more and more like a monopoly. But all this came to a head on Tuesday as the US government announced via the Federal Trade Commission (FTC) [...]
Providence, Rhode Island-based United Natural Foods Inc. (UNFI) has fallen more than 24% in Tuesday morning’s trading session so far. The company reported fiscal 4th quarter earnings that left much to be desired, while also issuing a warning for the road ahead. The company reported a steep net loss of $68 million for the [...]
HP (HPQ) fell nearly 3% in pre-market trading Monday morning before settling at around a 1% loss when the market opened. The stock is suffering from news of billionaire investor Warren Buffet selling off his shares of the PC maker in the last week. The SEC filing shows a sale by Berkshire Hathaway of [...]
By Leslie N. Masonson, MBA Apollo Global Management, Inc. (APO) stock price has doubled to $90.81 since its low of $45.62 on October 13, 2022, with an average trading volume. However, since hitting a recent low of $78.39 on August 18th, it has surged to $93.18, marking a 19% increase in just 22 trading [...]
