Walmart (WMT) shared the results from its fourth quarter alongside the announcement that it would be purchasing TV manufacturer Vizio while simultaneously boosting the quarterly dividend. All this news sent shares 4% higher Tuesday morning, adding to what has been a strong trend over the past few weeks. The worldwide retailer is benefiting from [...]
It’s been a thrilling start to 2024 for investors of Super Micro Computer (SMCI), as the stock has skyrocketed 191% through the first month and a half of the year. However, it looks like the stock’s win streak has come to an end after last Friday’s reversal. All eyes are on Super Micro Computer [...]
Coinbase (COIN) is up more than 15% after unveiling Q4 earnings yesterday after the market closed. The world’s leading cryptocurrency exchange easily outperformed compared to the market’s expectations. Total revenue was up 41% to $954 million, well above the $826 million Wall Street was forecasting. Meanwhile, adjusted earnings of $1.04 not only blew the [...]
The Children’s Place (PLCE) is up more than 78% Thursday morning after news broke that an investment group came together to build a majority stake in the company. Snowball Compounding Ltd. and groups associated with Mithaq Capital (a Saudi Investment firm) teamed up to claim a 54% stake and will nominate 11 people for [...]
The world’s second-largest brewer is having a hard time getting customers on board with price increases. Heineken (HEINY) reported a drop off in the volume of beer sold for the most recent quarter, sending shares 5% lower this Wednesday morning. After increasing prices on average 10.2% around the world, the Amsterdam-based company only managed [...]
Shopify Inc. (SHOP) shared fourth-quarter earnings that exceeded analyst expectations, and yet, the stock is down more than 10% so far in Tuesday morning’s trading session. It’s the outlook for expenses that has investors and analysts concerned. The e-commerce platform provider posted a net income of $657 million for Q4, a dramatic turnaround from [...]
Monday.com (MNDY) started the week with a bang, reporting Q4 earnings that managed to beat the FactSet consensus on the top and bottom lines. But, shares are down more than 9% this morning. The project management software grew revenue by 35% to $202.6 million, well above the FactSet consensus of $198 million. Net operating [...]
Expedia (EXPE) shared Q4 earnings after the market closed Thursday, which consisted of a mixed bag of results. There was plenty of hype leading into yesterday, but the stock tanked Friday morning in response to the news. The online travel company grew revenue 10% for the quarter to $2.887 billion. Analysts were expecting just [...]
Ford Motor (F) gained 6% Wednesday before settling around 3% after delivering Q4 earnings that surpassed expectations. The company also announced it would be issuing a special dividend. The automaker grew revenue in Q4 by 4% to $46 billion, outpacing analyst expectations - but the earnings beat stole the show. Ford reported 29 cents [...]
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 [...]
