December 4, 2023
“CarvanaCVNA11.58% stock has skyrocketed from roughly $4 to $40 this year—and it’s up another 11% on Monday thanks to an upgrade…” https://www.barrons.com/articles/carvana-stock-price-sell-upgrade-429516f3?siteid=yhoof2 It’s to late to jump on board now. At least I wouldn’t do it. Most of the time when… Continue Reading…
November 28, 2023
“Seven companies, including health care play Merck (MRK), industrial Stanley Black & Decker (SWK) and Estee Lauder (EL), are poised to post 2024 adjusted earnings per share that’s 100% or more higher than this year’s, says an Investor’s Business Daily analysis of data from S&P Global… Continue Reading…
November 22, 2023
“…Symbotic, which creates robotic tech platforms powered by artificial intelligence (AI) to provide end-to-end supply chain solutions, reported fiscal fourth quarter revenue of $392 million, up from $244 million a year ago, and a net loss of $45 million compared to a loss of… Continue Reading…
November 21, 2023
“…A recent Gallup poll found that 28% of Americans worry frequently or occasionally that they will be murdered, according to a Nov. 16 news release. That’s a near-record high… Meanwhile, half of U.S. adults said they worry their car will be… Continue Reading…
November 21, 2023
“…The forecast was dampened by an expected 20% uptick in selling and general administrative expenses, the company said… The company’s reported net income for the three-month period that ended October 28 was $96.7 million, or 49 cents per share,… Continue Reading…
November 14, 2023
“…Wise reported revenue of £498.2 million, up 25% year-on-year, in the half-year ended on Sept. 30, 2023. Including interest income, the company’s total income stood at £656 million for the period, up 58% year-on-year. Before tax, company profit came in… Continue Reading…
November 10, 2023
“China’s largest chipmaker SMIC on Thursday posted a 80% drop in third-quarter profit as global demand weakness hit foundries hard. Net income for the quarter ended September plunged 80% compared to a year ago — larger than the 64% drop posted in second quarter… Continue Reading…
November 10, 2023
“The Trade Desk shares plunged about 30% in after-hours trading on Thursday after the ad-tech company issued fourth-quarter revenue guidance that fell well short of analysts’ estimates. Third-quarter results topped estimates. Here’s how the company did: For the December period, Trade… Continue Reading…
November 6, 2023
“Citigroup’s managers and consultants working on CEO Jane Fraser’s reorganization have discussed job cuts of at least 10% in several major businesses, CNBC reported on Monday, citing people with knowledge of the process… Last month, Citi said it would cut… Continue Reading…
October 31, 2023
“…As of September, 62% of adults said they are living paycheck to paycheck, according to a new LendingClub report. The figure is unchanged from last year. “Living paycheck to paycheck remains the main financial lifestyle among U.S. consumers,” the report said…” https://www.cnbc.com/2023/10/31/62percent-of-americans-still-live-paycheck-to-paycheck-amid-inflation.html… Continue Reading…
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