1 03, 2024

SoundHound Takes a Breather After 292% Growth: What Do the Latest Earnings Mean for Investors?

By |2024-03-01T16:58:53+00:00March 1st, 2024|Categories: Feature: Stock Market Investing, Featured: News, Hot Stocks|Tags: , , , , , , , , , |

SoundHound AI (SOUN) was up more than 292% leading into its Q4 earnings day Thursday. Anticipation was high, as is the case for any AI company these days. The conversational AI company did not deliver, though. Shares have taken a step back in Friday’s trading session. SOUN fell as much as 24% but has [...]

29 02, 2024

Best Buy Gets a Boost on Earnings, But is it Time to Buy This Stock? 3 Things for Investors to Consider

By |2024-02-29T17:28:43+00:00February 29th, 2024|Categories: Feature: Stock Market Investing, Featured: News, Hot Stocks|Tags: , , , , , , , |

Best Buy (BBY) delivered impressive holiday quarter earnings that beat analyst expectations, giving the stock a 5% boost so far Thursday. It’s on track for its best performance since November 2022. The company’s dwindling sales have been a burden for some time, but it appears as if things are finally trending back in the [...]

28 02, 2024

PCE Data: Understand This Key Inflation Metric

By |2024-02-28T18:51:06+00:00February 28th, 2024|Categories: Feature: Stock Market Investing, Featured: News, Hot Stocks, Stock Market|Tags: , , , , , , , , , , |

A data-driven week means it’s time for a refresher on what could be the biggest market mover for February, also known as PCE data. The PCE (Personal Consumer Expenditures) is the Fed’s preferred inflation measurement because it gives a peak into consumers' saving and spending habits. Wednesday, February 28th, the preliminary Core PCE was [...]

28 02, 2024

Ebay is Up 8% on Impressive Earnings and Guidance – 3 Reasons to Buy EBAY Today

By |2024-02-28T17:53:27+00:00February 28th, 2024|Categories: Feature: Stock Market Investing, Featured: News, Hot Stocks|Tags: , , , , , , , |

Ebay Inc. (EBAY) is up more than 8% so far Wednesday morning after delivering impressive Q4 earnings alongside optimistic guidance for the current quarter. The online marketplace grew revenue to $2.56 billion from $2.51 billion this time last year, narrowly outperforming the FactSet consensus of $2.51 billion. This was coupled with a net income [...]

27 02, 2024

Macy’s Beats Earnings, Teases Plans to Rejuvenate the Brand: Is it Time to Buy M at a Discount?

By |2024-02-27T17:17:46+00:00February 27th, 2024|Categories: Feature: Stock Market Investing, Featured: News, Hot Stocks|Tags: , , , , , , , |

Macy’s (M) is up nearly 5% so far Tuesday morning after the retailer announced its Q4 earnings results along with its plans to rejuvenate the brand through a series of store closures, asset sales, and more. For the quarter ended on February 3rd, the company narrowed its loss to just $71 million from $508 [...]

26 02, 2024

Intuitive Machines Tumbles 35% After Its Moon Lander Tips Over – Should Investors Be Worried?

By |2024-02-26T18:14:54+00:00February 26th, 2024|Categories: Feature: Stock Market Investing, Featured: News, Hot Stocks|Tags: , , , , |

Shareholders of Intuitive Machines (LUNR) were met with negative news to start the week, as the stock started Monday morning down more than 35%. This came after the company disclosed that its Odysseus moon lander was resting on its side on the face of the moon after tipping over. This is just one of [...]

26 02, 2024

Market Insights: Navigating Market Turbulence

By |2024-02-26T17:19:02+00:00February 26th, 2024|Categories: Feature: Stock Market Investing, Featured: News, Hot Stocks, Market in Review|Tags: , , , |

Market Recap: Wall Street's Rollercoaster Ride As the trading week unfolded, Wall Street encountered a series of ups and downs, reflecting the market's reaction to various economic indicators and earnings reports. In the initial session, investors grappled with anticipation surrounding the impending release of the Consumer Price Index (CPI). The Dow saw a slight [...]

23 02, 2024

Carvana Skyrockets 38% on Improved Earnings and Optimistic Guidance, But It’s Still Not Time to Buy

By |2024-02-23T17:54:59+00:00February 23rd, 2024|Categories: Feature: Stock Market Investing, Featured: News, Hot Stocks|Tags: , , , , , |

Carvana (CVNA) jumped 38% Friday morning after the online car retailer delivered a pleasant surprise in its Q4 earnings. While the company is still losing money, it’s slowly but surely becoming more profitable - and there’s reason to be optimistic about the road ahead. The company reported revenue of $2.4 billion, falling just shy [...]

22 02, 2024

Nvidia Soars on 265% Revenue Growth, 804% Earnings Surge: Is There Still Room to Buy NVDA?

By |2024-02-22T17:31:35+00:00February 22nd, 2024|Categories: Feature: Stock Market Investing, Featured: News, Hot Stocks|Tags: , , , , , , , , , |

After losing its footing to start the week, Nvidia (NVDA) picked right back up where it left off after hours yesterday, soaring on news of another quarter of growth. The AI chip designer grew its top and bottom line, sending shares nearly 15% higher in the past 24 hours.  The company delivered 265% revenue [...]

21 02, 2024

Earnings Season Negatively Impacts the Market

By |2024-02-21T17:46:59+00:00February 21st, 2024|Categories: Feature: Stock Market Investing, Featured: News, Market in Review, Stock Market|Tags: , , , , , , , , |

If you’re wondering what’s contributing to the volatility in the market, it’s more than just inflation data, geopolitical events, or tech domination; a macro impacter for the market is earnings season! With Home Depot reporting lower-than-expected numbers and investors waiting for Nvidia’s report pessimistically, earnings season is hitting the markets with a baseball bat. [...]

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