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 [...]
Wayfair (W) investors got a nice surprise Friday morning as Bernstein changed its viewpoint on the company from Underperform to Market Perform. This adjustment came from analyst Nikhil Devnani who raised the price target for W from $60/share to $65/share. Wayfair has been on a run over the long term, up nearly 48% in [...]
Home building company KB Home (KBH) is down more than 4% in Thursday morning’s trading session despite delivering impressive fiscal third-quarter earnings and maintaining an optimistic forecast for the remainder of the year. Revenue of $1.59 billion beat the analyst consensus of $1.47 billion, but represented a drop in performance year over year – [...]
General Mills (GIS) reported fiscal first-quarter earnings before the opening bell sounded this Wednesday morning. The results were a mixed bag with positives and negatives, spelling uncertainty for investors as to how to feel about the quarter. Inflation has been a challenge for many companies, General Mills included, over the past few quarters. However [...]
Choosing the right stock can often feel like finding a needle in a haystack - whether you’re day trading vs swing trading or even investing early for retirement. The vast landscape of the stock market, filled with thousands of options, can be overwhelming, even to the seasoned investor. Yet, the reward of picking that winning [...]
Shares of AutoZone (AZO) fell nearly 3.5% in premarket trading but have leveled out since the market opened this morning. The auto parts retailer posted fiscal fourth-quarter earnings that exceeded analyst expectations in every way but one: domestic revenue. The company reported an earnings beat of $46.46 per share compared to the consensus of [...]
Despite not being the center of the labor dispute in the automotive industry, all eyes are on Tesla (TSLA) right now. The company doesn’t have a union-based workforce - so while GM, Ford, and Chrysler face challenges in light of a strike, Tesla should be able to pull ahead in the EV race. However, [...]
Shares of Adobe (ADBE) are down nearly 5% in Friday’s trading session after the cloud software firm reported third-quarter earnings. Despite beating the analyst consensus, the substantial investments in AI have yet to pay off. And, the outlook for the final quarter left much to be desired. Revenue for the quarter came in at [...]
AMC Entertainment Holdings (AMC), one of the most discussed meme stocks in recent history, secured $325.5 million in an at-the-market equity offering in hopes of keeping the company alive. The cinema chain and entertainment company has been on a tumultuous journey over the past few years. After getting the meme boost and seeing highs [...]
Gene therapy developer Rocket Pharmaceuticals (RCKT) investors woke up in delight as shares skyrocketed in Wednesday morning’s pre-market trading session. When the bell sounded, the stock continued its trajectory and it currently sits 38% higher than it last closed at. This comes after the company announced that it has aligned with the Food and [...]
