It’s been a crazy weekend in the AI world after OpenAI fired co-founder and CEO Sam Altman without warning late Friday. There was reason to believe he would be returning to the company just 48 hours later before OpenAI’s board of directors squashed that rumor, rejecting Altman’s offer. Then, tech-giant Microsoft (MSFT) capitalized on [...]
By Leslie N. Masonson, MBA Stride Inc. (NYSE:LRN), a technology-based education services company was incorporated in 2000 in Reston, Va. where it is currently headquartered. The company was formerly known as K12 Inc., but changed its name to Stride, Inc. in December 2020. It has $1.89 billion in annual sales and a market capitalization [...]
Shares of Gap Inc. (GPS) skyrocketed 31% Friday morning to end the week with a bang as the stock has now gained 74% in the past 3 months. The timing is right for Gap investors after the company delivered impressive 3rd quarter earnings and teased that more was to come in the quarters ahead. [...]
Walmart (WMT) reported third-quarter earnings this morning that beat Wall Street’s consensus on both the top and bottom line, but sparked concern over the overall state of the economy. The stock is down 7% so far in Thursday’s trading session. The company reported a 5.2% climb in revenue year over year, posting $160.8 billion [...]
Target (TGT) reported fiscal third-quarter earnings before the bell this Wednesday morning, and the results sent shares into a frenzy. They’re up 17% so far this morning after the retailer beat the top and bottom line consensus. For the past few quarters Target has faced a weakening environment as inflationary pressures have shoppers looking [...]
Fisker Inc. (FSR) fell off a cliff after reporting third-quarter earnings after the bell Monday. Shares are down more than 21% in Tuesday morning’s session so far, and the stock has lost more than 42% of its value in the last month. The electric vehicle manufacturer posted a steep loss for the quarter of [...]
By Leslie N. Masonson, MBA Weatherford International plc (WFRD), a Nasdaq-listed company, was incorporated in 1972 in Houston, Texas, where it is currently headquartered. It has $4.98 billion in annual sales and a market capitalization of $6.9 billion. The Company operates in 75 countries with 18,000 full-time employees in 335 operating locations. Weatherford may [...]
Shares of Tyson Foods (TSN) are all over the place this Monday morning after the company reported a mixed bag in 4th quarter earnings coupled with a lackluster guidance for the upcoming year. Shares moved nearly 3% lower in pre-market trading, then climbed 4% at the opening bell, all before falling back down to [...]
Friday morning was a rude awakening for shareholders of the Trade Desk (TTD), which fell more than 18% after delivering third-quarter earnings Thursday evening. Despite exceeding analysts’ forecasts, the stock is down on concerns of a weak ad environment going into the biggest quarter of the year. The digital ad platform reported revenue of [...]
Walt Disney stock (DIS) is up more than 7% in Thursday morning’s trading session after the media and entertainment company reported fourth-quarter earnings that sparked hope among investors and analysts alike. The company grew revenue 5.4% year over year to $21.35 billion. This narrowly beat the analyst consensus of $21.33 billion. EPS of 82 [...]
