September 5, 2024
“A big shake-up just hit Chipotle Mexican Grill (NYSE: CMG). Longtime chief executive officer (CEO) Brian Niccol just announced a surprising departure to Starbucks. Niccol has been instrumental in delivering a turnaround for Chipotle after its foodborne illness outbreaks, leading the stock to… Continue Reading…
August 14, 2024
“Home prices are being cut at the fastest pace in two years. The share of home listings that saw a price cut rose to 18.9% in July, up 3.4% from last year. Demand is cooling as buyers wait for mortgage… Continue Reading…
July 30, 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…
July 29, 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…
July 12, 2024
“… …” https://www.cnbc.com/2024/07/10/mortgage-refinance-demand-drops-with-homeowners-sitting-on-huge-equity.html
May 30, 2024
“Shares of Salesforce tumbled 20% Thursday morning, putting the stock on pace for its worst day in nearly 20 years. Its worst trading day on record is July 4, 2004, when shares fell 27% just days after the company went public. The… Continue Reading…
May 15, 2024
“…Net income attributable to ordinary shareholders came in at 3.3 billion yuan, down 86% year on year. Shares of Alibaba closed down 6% in the U.S. after falling as much as 8.1% in the first hour of trading…” https://www.cnbc.com/2024/05/14/alibaba-baba-earnings-q4-2024.html The… Continue Reading…
May 13, 2024
“…The average Wall Street consensus price target for SoFi stock is a more modest 29%, but John Hecht at Jefferies has a price target of $12 — 72% higher than today’s price. That was actually a price cut from $15. As… Continue Reading…
May 13, 2024
“Advanced Micro Devices‘ (NASDAQ: AMD) artificial intelligence (AI)-fueled rally has come to a screeching halt in 2024. Shares of the chipmaker are down 29% since the beginning of March, when they were trading at a 52-week high, and the company’s latest results… Continue Reading…
April 25, 2024
“…The company’s shares are weathering the longest rout since late 2022, tumbling nearly 19% over the past seven days, amid doubts about its business strategy as sales of electric vehicles slump… Such concerns have driven the stock down nearly 43%… Continue Reading…
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