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Business, Stocks

“S&P and Moody’s downgrade JetBlue amid $3 billion debt raise, shares sink”

August 20, 2024

“…Shares of the New York-based company plummeted 19%. JetBlue intends to raise $1.5 billion through a private offering of senior secured notes and an additional $1.25 billion via a term loan, secured by TrueBlue. It also plans to raise $400… Continue Reading…

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Stocks

“TSMC Sales Soared 45% in July on Strong AI Demand, Shares Gain”

August 14, 2024

“…Sales for the month reached NT$256.95 billion ($7.9 billion). For the third quarter, analysts project TSMC revenue should grow 37% to NT$747.4 billion, with the July result suggesting TSMC may surpass those expectations…” https://finance.yahoo.com/news/tsmc-sales-grow-45-july-054146804.html

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Stocks

“Under Armour shares surge 20% after posting ‘better than feared’ quarterly sales”

August 14, 2024

“…Here’s how the athletic apparel company did in its fiscal first quarter compared with what Wall Street was anticipating, based on a survey of analysts by LSEG: In the three months ended June 30, Under Armour reported a loss of… Continue Reading…

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Stocks

“Shopify shares soar 17% after earnings top expectations, company gives upbeat forecast”

August 14, 2024

“…Here’s how the company did compared with what Wall Street was expecting, based on a survey of analysts by LSEG: The company said gross merchandise volume, or the total volume of merchandise sold on the platform, jumped 22% during the… Continue Reading…

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Stocks

“Intel Crashed 30%. Is the Stock a Sell or a Bad-News Buy?”

August 12, 2024

https://finance.yahoo.com/news/intel-crashed-30-stock-sell-091500373.html I’m not going to read this. I don’t think it is. My opinion on long term stocks is unless its energy or commodes in general its better to wait to invest after the market crashes. There are exceptions but… Continue Reading…

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Stocks

“Lumen Technologies Stock Jumped 93%. 3 Reasons Why.”

August 12, 2024

“Lumen Technologies… shares soared after the telecommunications company said it had secured $5 billion in new deals. And there’s a raft of other positive news that seems to be driving the stock… Lumen shares were up 43% in Wednesday’s premarket. The… Continue Reading…

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Stocks

“Morgan Stanley Predicts up to ~230% Surge for These 2 ‘Strong Buy’ Stocks”

August 12, 2024

“CervoMed (CRVO) The first Morgan Stanley pick we’ll look at is CervoMed, a clinical-stage medical research firm specializing in neurodegenerative diseases and conditions… Overall, the analyst expects positive clinical results and rates CRVO an Overweight (i.e., Buy). His $35 price… Continue Reading…

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Banking, Stocks

“SoftBank shares tank near 19%, wiping off $4.6 billion from founder Masayoshi Son’s fortune”

August 12, 2024

“SoftBank Group shares tanked nearly 19% on Monday amid a global sell-off, wiping off billions of dollars from founder Masayoshi Son’s fortune. On Monday, Son’s net worth fell by $4.6 billion alone, according to the Forbes real-time billionaires list. Monday’s… Continue Reading…

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Business, Stocks

“Apple shares drop nearly 5% after Warren Buffett’s Berkshire Hathaway slashes stake by half”

August 8, 2024

“Warren Buffett sent shockwaves through the investing world over the weekend by slashing his big Apple stake by half, causing the tech stock to crater on Monday amid the intensifying global sell-off. Berkshire Hathaway disclosed in its earnings filing that its Apple… Continue Reading…

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Stocks

“Schwab, Fidelity resolve temporary disruptions on frenetic trading day”

August 8, 2024

“Charles Schwab and Fidelity Investments have resolved technical issues with their apps, the online brokerages said on Monday, on a day users rushed to trade as markets slumped on rising fears of a U.S. recession. Some customers struggled to log… Continue Reading…

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