February 21, 2024
“Lyft shares closed up over 35% on Wednesday, retaining some gains after the company said it made a major error in a press release reporting its latest results, but still outperformed analyst estimates… Lyft stock initially shot up more than 60%… Continue Reading…
February 20, 2024
“…Americans now owe $1.13 trillion on their credit cards, the Federal Reserve Bank of New York reported Tuesday. Balances jumped 10% from a year ago, according to a separate quarterly credit industry insights report from TransUnion, with the average balance per consumer hitting… Continue Reading…
February 20, 2024
“…Outside the Dow, video imaging company Beamr Imaging (BMR) catapulted more than 370% higher at the closing bell. The company has partnered with Nvidia (NVDA) and it will present its research findings on an automated video cloud service. BMR traded around 2 per share… Continue Reading…
February 20, 2024
“Big Lots stock was sinking Monday as a Loop Capital Markets analyst downgraded shares of the discount furniture retailer following a Bloomberg report that it is seeking new financing options…” https://www.barrons.com/articles/big-lots-stock-downgrade-analyst-196a3ce9?siteid=yhoof2
February 19, 2024
“Shares of British chip designer Arm surged 48% Thursday after its earnings report surprised analysts and suggested artificial intelligence may be driving a recovery in the semiconductor industry. The company said it made a record $824 million of sales in… Continue Reading…
February 19, 2024
“Shares of European online payments giant Adyen jumped on Thursday, after the company reported strong sales growth and better-than-expected profit for 2023. Adyen, which competes with Stripe, PayPal, and Block, told shareholders in its 2023 annual letter that it had slowed the… Continue Reading…
February 16, 2024
“A battered Chinese company that’s developing holographic technology captured the attention of the meme stock crowd. The prize: a 2,650% jump. MicroCloud Hologram Inc. soared as high as $41.53 Thursday from a $1.50 record low earlier this week, with more… Continue Reading…
February 15, 2024
“…Advance retail sales declined 0.8% for the month following a downwardly revised 0.4% gain in December, according to the Census Bureau. A decrease had been expected: Economists surveyed by Dow Jones were looking for a drop of 0.3%, in part to… Continue Reading…
February 15, 2024
“With tax season in full swing, the IRS has issued more than 2.6 million refunds worth about $3.65 billion, as of Feb. 2, the agency reported last week. So far, the average refund is $1,395, compared with $1,963 one year ago, which is… Continue Reading…
February 13, 2024
“…Roblox also reported full-year revenue of $3.52 billion, versus an LSEG consensus estimate of $3.41 billion. The company’s full-year loss per share was $1.87, compared with a consensus estimate of $1.91. Roblox’s quarterly bookings hit $1.13 billion — the company’s… Continue Reading…
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