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Stocks

“Dexcom shares plummet almost 40% after company misses on revenue, lowers guidance” [Jul 25 2024]

“Shares of Dexcom tumbled almost 40% in extended trading Thursday after the diabetes management company reported disappointing revenue for the second quarter and offered weak guidance. Here’s how the company did: Dexcom’s revenue increased 15% from $871.3 million a year earlier, according to a… Continue Reading…

Economy, Predictions, Opinions, & Comments, Stocks

Now They’re Scared: “The Fed warns of social media ‘echo chambers’ that pump up meme stocks.”

“…“To date, the broad financial stability implications of changes in retail equity investor characteristics and behaviors have been limited,” the Fed said. The central bank specifically assessed what happened to shares of AMC Entertainment and GameStop in January, noting that activity and… Continue Reading…

Stocks

“Why Super Micro Computer Stock Is Plummeting This Week” [Fri, Jul 26, 2024]

“…The high-performance server specialist’s share price was down 12.7% from last week’s close heading into this Friday’s market opening, according to data from S&P Global Market Intelligence Tech stocks continued to pull back this week as investors assessed risks related to… Continue Reading…

Business, Stocks

“Why Ford Motor Company Stock Crashed 17% Today” [Updated Fri, Jul 26, 2024]

“one of America’s Big Three automakers, collapsed 16.7% through 12:45 p.m. ET Thursday after the company reported a huge earnings miss last night. Analysts had forecast Ford would earn $0.68 per share on $44 billion in Q2 sales. While Ford exceeded… Continue Reading…

Stocks

“Southwest profit falls 46% as airline takes ‘urgent’ steps to increase revenue”

“…Here is how Southwest performed in the second quarter compared with Wall Street expectations, according to consensus estimates from LSEG: The Dallas-based airline said its second-quarter revenue rose 4.5% from last year to $7.35 billion, a record, but its profit dropped more… Continue Reading…

Stocks

“Tesla shares close down 12% after earnings miss for biggest slump since 2020”

“…The stock closed down 12% on Wednesday at $215.99. It’s now down 13% for the year, while the Nasdaq is up 16% over that stretch. Tesla on Tuesday said auto revenue declined 7% from a year earlier to $19.9 billion while margins… Continue Reading…

Stocks

“Nvidia CEO Continues to Sell Shares. Should Investors Follow Suit?”

“Nvidia (NASDAQ: NVDA) CEO Jen-Hsun Huang has been selling shares of his company’s stock over the past two months, including 840,000 shares last week worth $59.3 million. The CEO has taken advantage of the stock’s huge rise in share price, which has… Continue Reading…

Stocks

“Prediction: Nvidia’s Stock Correction Will Lead to Outsized Gains in the Second Half of 2024”

“…But no stock goes straight up forever, and valuation still matters. A correction in the stock was inevitable and finally occurred over the last month. Nvidia shares recently traded as much as 13% below the closing record high set on June 18.… Continue Reading…

Stocks

“Ryanair shares tumble 17.2% as budget airline reports 46% fall in quarterly profit, sees lower fares” [JUL, 22, 2024]

“… …” https://www.cnbc.com/2024/07/22/ryanair-q1-2024-results-shares-fall-on-lower-fares-fall-in-quarterly-profit.html