Banking, Real Estate, Stocks

“Shares of NYCB falls 25% after bank discloses ‘internal controls’ issue, CEO change”

“Shares of New York Community Bancorp fell more than 25% on Friday after the regional lender announced a leadership change and disclosed issues with its internal controls… NYCB has been under pressure in recent months due in part to concerns about its exposure to… Continue Reading…

Stocks

“It’s No Nvidia, But This Tech Company Is Targeting 325% Earnings Growth In 2024”

“While artificial intelligence giant Nvidia (NVDA) has electrified the stock market, shares of another tech player — software company Confluent (CFLT) — shot up by double digits this year. Now, as the company sees 325% profit growth in 2024, Confluent stock is rising as… Continue Reading…

Stocks

“Hims & Hers soars 31% on rapid growth in mental health, weight loss and dermatology treatments”

“…Shares of Hims & Hers closed up 31% to $13.43 as of Tuesday afternoon. They’re now up more than 50% for the year after climbing 39% in 2023… Revenue jumped 47% to $246.6 million, topping the $246 million expected by… Continue Reading…

Stocks

“Viking Therapeutics stock jumps 120% after positive weight loss drug trial results”

“Shares of Viking Therapeutics closed more than 120% higher on Tuesday after the company’s experimental weight loss drug showed promising initial results in a mid-stage trial.  Viking Therapeutics is one of several small obesity drugmakers hoping to enter the budding weight loss drug industry, which analysts say… Continue Reading…

Stocks

“Domino’s loyalty program revamp boosts results; to lift prices modestly”

“Domino’s Pizza beat Wall Street targets for quarterly results as a relaunch of its loyalty program and promotional offers prompted more Americans to order its pizzas and chicken wings, sending its shares up 8.5% on Monday. The company also plans… Continue Reading…

Stocks

“Berkshire shares slip after hitting all-time high on big profit gain”

“…Berkshire’s Class A shares last fell by 2.2%. Earlier in the session, the stock reached an all-time intraday high of $647,039, according to FactSet data. The shares settled at $615,356. Meanwhile, Class B shares declined by 1.9%. At one point,… Continue Reading…

Energy, Stocks

“Sunnova CEO tries to reassure rattled investors after stock plunged 26% in worst day since March 2020”

“…Sunnova shares plummeted 26.7% Thursday after the residential solar company announced a $100 million at-the-market stock offering program. Sunnova’s market cap declined by $382 million in the worst day for the company since March 2020 and the second worst day… Continue Reading…

Stocks

“Block shares surge 16% after company announces surprise profit”

“Block stock closed up 16% Friday, a day after the payments company reported fourth-quarter earnings that beat analysts’ estimates on gross profit and showed strong growth in its Square and Cash App revenue. Here’s how the company did, compared to analysts’ consensus from… Continue Reading…

Economy, Stocks

“…2/26/24 • KIRK ELLIOTT WARNS OF IMPENDING FINANCIAL CRISIS • INFOWARS”

Get ready for the crash. This is an opportunity of a lifetime. People who are positioned correctly will see immense profits. Those who are not ready will most likely suffer greatly.

Stocks

“Nvidia stock surges after earnings beat estimates across the board”

“….For the quarter, Nvidia reported adjusted earnings per share (EPS) of $5.16 on revenue of $22.1 billion. Analysts were expecting EPS of $4.60 on revenue of $20.4 billion. That’s a massive jump from the same period last quarter when Nvidia… Continue Reading…