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Business, Stocks

“Capital One to acquire Discover Financial Services in $35.3 billion all-stock deal”

February 22, 2024

“Capital One Financial is set to acquire Discover Financial Services in a $35.3 billion all-stock deal. Under the agreement, Discover shareholders would receive 1.0192 Capital One shares for each Discover share or about a 26% premium from Discover’s Friday closing price of $110.49. The… Continue Reading…

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Stocks

“Intuitive Machines stock jumps after company says moon mission is in ‘excellent health’” [Feb 16]

February 21, 2024

“Shares of Intuitive Machines jumped for a second consecutive day after the company issued an update that said its moon lander mission “is in excellent health.” The Texas-based lunar company launched its inaugural cargo mission, known as IM-1, on a SpaceX rocket early… Continue Reading…

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Stocks

“Shake Shack stock surges 26% on fourth-quarter profit, strong 2024 outlook” [Feb 15]

February 21, 2024

“Shares of Shake Shack surged 26% on Thursday after the burger chain delivered strong fourth-quarter earnings results. The stock reached a new 52-week high of $98.90 and is up more than 67% in the last 12 months…” https://www.cnbc.com/2024/02/15/shake-shack-shak-earnings-q4-2023.html

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Stocks

“Lyft shares jump over 35%, retaining some gains after forecast error” [Feb 14]

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…

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Stocks

“…Cheap Stock Soars 370% On Nvidia Partnership”

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…

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Business

“Big Lots Stock Falls 31%. The Outlook Is ‘Very Concerning,’ Analyst Says.”

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

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Stocks

“Arm Stock Jumps 48% on AI Craze”

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…

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Stocks

“3 Hidden-Gem Penny Growth Stocks With 1,000% Upside”

February 19, 2024

“… …” https://investorplace.com/2023/12/3-hidden-gem-penny-growth-stocks-with-1000-upside/

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Stocks

“Roblox shares rise 10% after company beats estimates and issues strong guidance”

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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Stocks

“Palantir stock jumps 19% as AI demand drives revenue beat”

February 9, 2024

“Palantir shares surged more than 19% in after-hours trading on Monday after the company reported fourth-quarter earnings that beat analysts’ expectations for revenue. Full-year guidance for 2024 came roughly in line with Wall Street’s estimates… Revenue in the fourth quarter increased 20% to… Continue Reading…

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