There’s no question that cybersecurity is becoming a growing concern for businesses of all sizes, which positions companies like Palo Alto Networks (PANW) to succeed. The company’s CEO, Nikesh Arora, spoke to the need for solutions like those of Palo Alto Networks. These days hackers can do their damage in a mere 3 hours. [...]
Written by: Angela Akers A softer core Producer Price Index reading sparked a rally Tuesday, but an expected reading on Consumer Prices didn’t have the same, desired effect Wednesday and prices closed only modestly higher. Better-than-expected Retail Sales soothed investors’ fears on Thursday, and they began buying again. After several weeks of red and [...]
Rivian (RIVN) announced that it has been forced to pause production of the electric vehicle fleet it manufactures for Amazon as it’s having supply chain challenges. Shares have fallen 8% in the last week on the news. This has been an ongoing issue since the start of the month as the company’s Normal, Illinois [...]
Nvidia (NVDA) had been on a torrent pace over the past few years and was due for a reversal, which we saw manifest over the past month. The stock fell from $134.93 to just $98 in a 4-week window, prompting the first real bearish outlook on NVDA in as long as we can remember. [...]
Starbucks (SBUX) let CEO Laxman Narasimhan go barely a year into the job, replacing him with previous Chipotle Mexican Grill CEO Brian Niccol. After the stock lost as much as 20% through 2024, this was the turnaround investors had been desperate for. The stock gained 23% on the news. The news sent Chipotle shares [...]
In the last few weeks, the markets have experienced a level of volatility not seen for an incredibly long time. Even though volatility isn’t a new idea for investors, and historically markets have eventually always returned to upward trajectories, sharp movements have also always had the potential to spook. In fact, sometimes, periods of [...]
Rumble Inc. (RUM) disclosed its second-quarter earnings results sending shares 5% higher so far Tuesday morning. The video-sharing and cloud services provider has sought to democratize the internet, and users are getting on board. Revenue was up 27% from the first quarter to $22.5 million, but slightly down year over year. The company reported [...]
Shares of Walt Disney (DIS) are down more than 57% from the high we saw in 2021, and stock is down 18% in the past 3 months alone. While some look at this dip as a buying opportunity, we see reasons to steer clear of DIS for the time being. The company has been [...]
Written by: Angela Akers Talk of a recession resurfaced late last week following some downtrodden economic data and Friday’s sell-off continued Monday. As I’m sure you’re all aware, the rest of this week has been a rollercoaster ride. Just 7 trading days into August, the Major Indices have lost an average of 3.8% and [...]
Taiwan Semiconductor Manufacturing Company (TSM) gave an update on its revenue performance for the month of July this Friday morning, which initially sent shares 3% higher. Since the market opened, though, they’ve stayed around even on the day. The chip manufacturer’s $7.9 billion in sales worked out to a 45% growth in revenue. This [...]
