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Stocks

“Meta [Facebook] shares pop 15% to 52-week high on guidance, sales increase”

April 27, 2023

“Meta shares gained more than 15% on Thursday, reaching a new 52-week high, as analysts and investors digested positive guidance for the upcoming fiscal quarter and an unexpected sales increase for the first quarter of 2023. The company reported strong… Continue Reading…

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Business, Stocks

“Coca-Cola earnings beat estimates, fueled by price hikes and higher demand”

April 24, 2023

“Coca-Cola on Monday reported quarterly earnings and revenue that topped analysts’ expectations, fueled by price hikes and higher demand for its drinks. Shares of the company rose 1% in premarket trading. Here’s what the company reported compared with what Wall… Continue Reading…

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Banking, Stocks

“Goldman Sachs misses revenue estimates after taking $470 million hit on Marcus loans”

April 18, 2023

“Goldman Sachs posted first-quarter profit on Tuesday that missed analysts’ expectations for revenue after taking a $470 million hit tied to the sale of consumer loans. Here’s what the company reported: The bank said earnings fell 18% to $3.23 billion,… Continue Reading…

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Stocks

“Shares of Roblox fall 12% after company releases March update”

April 17, 2023

“Shares of Roblox tumbled 12% on Monday after the gaming company released its March 2023 metrics report that showed it expects average bookings per daily user to fall year over year. Roblox’s estimated average bookings per daily active user were between $3.73 and… Continue Reading…

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Business, Stocks

“Bed Bath & Beyond proposes reverse stock split as it struggles to avoid bankruptcy”

April 7, 2023

“Bed Bath & Beyond wants shareholders to approve a reverse stock split at an upcoming special meeting, as the retailer keeps working to avoid filing for bankruptcy, according to a securities filing late Wednesday.  The retailer’s board is calling on… Continue Reading…

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Economy, Stocks

“‘Big Short’ Investor Congratulates Market Dip Buyers. ‘I Was Wrong to Say Sell.’”

March 31, 2023

““Big Short” investor Michael Burry admitted Thursday that his bearish warning about the stock market earlier this year has so far been proven wrong by traders lining up to buy the dip. Burry is best known for his bet against… Continue Reading…

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Business, Stocks

“Nikola shares sink after its $100 million stock offering priced at 20% below market”

March 31, 2023

“Electric heavy-truck maker Nikola said that its planned $100 million secondary stock offering, announced on Thursday after U.S. markets closed, has priced at $1.12 per share – 20% below the stock’s closing price of $1.40. Shares fell more than 15%… Continue Reading…

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Banking, Stocks

[Stock] “Deutsche Bank Bounces as Analysts Reassure on Financial Health”

March 27, 2023

“Deutsche Bank AG shares rebounded and the cost of insuring its debt against default eased on Monday after sell-side analysts sought to reassure that the German lender’s financial health was sound… Shares of Germany’s largest bank were 5.4% higher as… Continue Reading…

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Stocks

“Analysts Warn Investors To Dump 10 Big Stocks Before It’s Too Late”

March 21, 2023

“… It’s unclear if the U.S. is headed into a recession. But analysts, it seems, already know which S&P 500 stocks to avoid. Watch Out For These S&P 500 Stocks Stocks with highest percentage of sell ratings Company Symbol Sell… Continue Reading…

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Economy, Stocks

It’s happening: Foreign Markets Are now Looking To Enter US [Stocks]

March 14, 2023

“…British chip designer Arm, owned by Japan’s Softbank , announced earlier this month it was seeking to list in the U.S. this year. This is despite an intense lobbying effort from British officials to see the company make its market… Continue Reading…

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