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Stocks

“SoftBank shares extend their surge, pop more than 15% on earnings beat”

February 23, 2024

“Shares of SoftBank Group rose as much as 15.29% Friday morning, a day after the Japanese investment firm posted earnings that beat analysts’ expectations. SoftBank’s on Thursday posted its first quarterly profit following four quarters of losses, thanks to big gains at… 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

“Meta shares surge 20% on soaring profit, better-than-expected guidance and first-ever dividend”

February 7, 2024

“Meta shares closed up more than 20% on Friday after the company reported a tripling in fourth-quarter profit and issued its first-ever dividend. Revenue rose 25% in the fourth quarter for Meta to $40.1 billion from $32.2 billion a year earlier.… Continue Reading…

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Stocks

“Dow Jones Drops To Kick Off Busy Week; SoFi Stock Surges 22% On First-Ever Profit”

January 30, 2024

“…Meanwhile, Friday’s January employment report is expected to show that employers added 165,000 jobs. Shares of SoFi Technologies soared 22% in early action, set to retake their key 50-day moving average line. Early Monday, the company reported earnings of 2… Continue Reading…

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Business, Economy

“Critical chip firm ASML posts 30% surge in full-year revenue but signals slowdown in 2024”

January 25, 2024

“…ASML reported 27.6 billion euros in revenue for 2023, higher than the 21.2 billion euros of the year before. That was a 30% year-on-year rise. Shares of ASML provisionally ended up 9.7%… The Dutch government, following U.S. pressure, introduced curbs in… Continue Reading…

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Business

“Wayfair shares surge after home goods retailer announces 1,650 job cuts, 13% of workforce”

January 23, 2024

“Wayfair is cutting 13% of its global workforce as the digital home goods retailer continues its efforts to trim down its structure, cut out layers of management and reduce costs after going “overboard” with corporate hiring during the Covid pandemic, it… Continue Reading…

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Business, Stocks

“Abercrombie’s 285% Surge in 2023 Beats Even Sizzling Nvidia”

January 3, 2024

“Abercrombie & Fitch Co. has gained 285% this year, its best annual performance since going public in 1996. The rally has made the company the best performer in the S&P 1500 Index, even managing to beat out artificial intelligence darling… Continue Reading…

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Stocks

“Virgin Galactic stock surges 30% after announcing plan for cost savings”

November 9, 2023

“Virgin Galactic plans to pause spaceflight operations next year to focus resources on developing its next-generation Delta-class spacecraft, the company announced Wednesday. Shares of Virgin Galactic surged as much as 30% in heavy trading volume on Thursday from its previous close… Continue Reading…

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Stocks

“Shopify shares surge 15% on earnings beat, rosy guidance”

November 2, 2023

“Shopify stock jumped more than 15% on Thursday morning after the Canadian e-commerce company reported third-quarter results that beat expectations, and gave a strong forecast for the remainder of the year. Here’s how the company did for the quarter compared to LSEG (formerly… Continue Reading…

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Economy

“Nikola stock surges 9% after disgraced founder Trevor Milton ordered to repay $165 million”

October 25, 2023

“Shares of electric truck maker Nikola traded higher Tuesday after the company said in a regulatory filing that its disgraced founder, Trevor Milton, has been ordered to pay the company about $165 million in damages. Shares closed up about 9%, trading at a little… Continue Reading…

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