October 25, 2021
“Snapchat’s parent company crossed $1 billion in quarterly revenue for the first time ever, but worse-than-expected earnings and a forecast of more headwinds to come led its stock to crash on Thursday.Shares of Snap (SNAP), which owns the popular photo and video… Continue Reading…
October 22, 2021
“Shares of Phunware Inc. surged more than 1,000% early Friday, as a special-purpose acquisition company, or SPAC, called Digital World Acquisition Corp. , was revealed to be merging with an entity called Trump Media Technology Group. Austin-based Phunware is an… Continue Reading…
October 21, 2021
“…Shares of the Florida-based dealership group jumped by as much as 12% Thursday morning before retreating to about $124 a share, up by about 6%. AutoNation’s stock is up by nearly 70% so far this year. The company reported adjusted… Continue Reading…
October 14, 2021
“Citigroup profit surges 48%, driven by strong trading revenue” https://www.cnbc.com/2021/10/14/citigroup-c-earnings-q3-2021.html “Wells Fargo profit jumps nearly 60% in the quarter, revenue tops expectations” https://www.cnbc.com/2021/10/14/wells-fargo-wfc-earnings-q3-2021.html “Bank of America tops estimates on reserve release, strong advisory and asset management results” https://www.cnbc.com/2021/10/14/bank-of-america-bac-earnings-q3-2021-.html To be… Continue Reading…
October 4, 2021
“The Dow Jones Industrial Average fell about 430 points, despite a large gain in Merck. The S&P 500 shed 1.2%. The technology-focused Nasdaq Composite was the relative underperformer, dipping roughly 2%. Large tech shares like Apple, Nvidia, Amazon and Microsoft were lower as investors eyed bond… Continue Reading…
October 4, 2021
“The global airline industry is expected to lose close to $12 billion next year, cutting its losses from this year by 78% as carriers slowly recover from the Covid-19 pandemic, the International Air Transport Association said in a forecast Monday.… Continue Reading…
October 1, 2021
“Falcon Minerals Corporation (FLMN) We’ll start in the energy industry. Falcon Minerals is a small-cap oil and gas company, with ownership of energy and mineral rights on more than a quarter-million acres in the Texas Permian Basin… Overall, Falcon has 5… Continue Reading…
September 30, 2021
“…Here’s how Bed Bath & Beyond did in its second quarter ended Aug. 28 compared with what Wall Street was expecting, based on a Refinitiv survey of analysts: Earnings per share: 4 cents adjusted vs. 52 cents expected Revenue: $1.99… Continue Reading…
September 29, 2021
“EDITOR NOTE: A stock market crash that some experts are predicting calls to mind a sudden, catastrophic event. A recent CNBC report suggests it this drop may already be happening, but at a slower, steadier pace than in the past.… Continue Reading…
September 27, 2021
“A rebound in oil prices — and oil stocks — presents an unexpected opportunity for investors to collect some healthy dividend checks while fundamentals continue to improve. On Friday, oil prices rose for a third straight week near three-year highs… Continue Reading…
Recent Comments