Check out the companies making headlines before the bell: Tapestry (TPR) – The company behind the Coach and Kate Spade luxury brands reported an adjusted quarterly loss of 25 cents per share, smaller than the 57-cent loss anticipated by analysts. Revenue was also well above estimates, with e-commerce sales providing a boost even as the
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Israel and the United Arab Emirates have reached a historic peace deal that will see the Gulf power normalising diplomatic relations with the Jewish state. The deal, brokered by the US, would mean the UAE will become only the third Arab state to have full diplomatic ties with Israel, after Egypt and Jordan. “HUGE breakthrough
After its epic fall, what’s next for Luckin Coffee (OTCMKTS:LKNCY)? Luckin stock has fallen nearly 94% this year, as an accounting scandal brought this “story stock” to a screeching halt. Once heralded as the “Starbucks (NASDAQ:SBUX) of China,” the company’s epic growth plans are no longer on the table. Source: Robert Way / Shutterstock.com Or
There’s a lot to like these days about Plug Power (NASDAQ:PLUG) stock. The hydrogen fuel cell company’s stock is up 250% on a year-to-date basis, reaching levels not seen since 2009. Source: Halfpoint/ShutterStock.com Plug Power is coming off a strong second-quarter earnings report in which it recorded beats on both revenue and earnings per share.
Cisco logo exhibited during the Mobile World Congress, on February 28, 2019 in Barcelona, Spain. NurPhoto | Getty Images Check out the companies making headlines after the bell: Cisco Systems — Cisco shares fell more than 6% in after-hours trading despite reporting fiscal fourth-quarter profit and revenues that topped analysts’ expectations. The results, though better than
After a painful finish on Tuesday, equities bounced back hard on Wednesday. And with that in mind, let’s look at a few top stock trades for Thursday. Top Stock Trades for Tomorrow No. 1: Home Depot (HD) Shares of Home Depot (NYSE:HD) continue to chug higher. The stock hit new all-time highs on Wednesday, and
I have a Mount Rushmore of failure for the last decade’s business leaders. It includes Virginia Rometty of IBM (NYSE:IBM), Brian Krzanich of Intel (NASDAQ:INTC), Jeff Immelt of General Electric (NYSE:GE) and Randall Stephenson of AT&T (NYSE:T). And today we’re going to talk specifically about AT&T stock. Source: Roman Tiraspolsky / Shutterstock.com Their failures all
Here at InvestorPlace, we tend to write about subjects and companies that our readers have expressed interest in. That’s why I’m writing about Chesapeake Energy (OTCMKTS:CHKAQ) today. I’m the fifth InvestorPlace contributor to write about Chesapeake Energy stock in the past two weeks alone. Source: Casimiro PT / Shutterstock.com I don’t think there’s any question
College students are faced with an interesting dilemma when it comes to making money and earning experience. They can either get an entry-level job to help offset the pricey college life, or they can get an internship, which will benefit them after graduation. While an entry-level job pays the bills, it is not always the
Last Friday, Uber (NYSE:UBER) reported weaker-than-expected second-quarter earnings, giving Uber stock a 3% haircut. But the bad news for the California ride-hailing company was just beginning, as Uber gave back another 3% Tuesday when a Californian court ruled for both Uber and rival Lyft (NASDAQ:LYFT) to reclassify workers as direct employees. Source: Shutterstock With Uber
Novavax (NASDAQ:NVAX) published last week its positive Phase1/2 results for its novel coronavirus vaccine. The market loved the results and pushed NVAX stock up 20%. It looks like its valuation climb has more to go based on what analysts are saying about the company. Source: Cryptographer / Shutterstock.com Keep in mind that the stock is
GoDaddy (NASDAQ:GDDY) is a U.S. domain registrar and web hosting company. It is also a very profitable company with over a 23% return on equity in 2019. GoDaddy stock is very cheap compared to its peers and deserves another look by value-based investors. Source: dennizn / Shutterstock.com GoDaddy’s domain bookings and average revenue per user
Oftentimes, cheap stocks are cheap for a reason. The company’s underlying fundamentals and growth prospects have become weak, and the discounted valuation on the stock appropriately reflects that reality. Other times, though, cheap stocks are great buys. In such instances, the market thinks the company’s fundamentals and growth prospects are weak, but they actually aren’t.
The Trade Desk (NASDAQ:TTD) stock popped to all time highs in early August after the data-driven ad-tech platform reported second-quarter earnings which came in much better than expected. Additionally, the company’s management made upbeat comments about its second-half growth trends. Source: shutterstock.com The results confirmed that, while the Covid-19 pandemic slowed the growth of The
For legendary industrial-sector company General Electric (NYSE:GE), the past several years have been tough and 2020 was particularly challenging. The onset of the novel coronavirus took a toll on the company’s bottom line while pushing the GE stock price to a level not seen since 1992. Source: testing / Shutterstock.com In other words, an investor
Is now the right time to buy Warren Buffett stocks? That is to say, should you buy the stocks held in Berkshire Hathaway’s (NYSE:BRK.A, NYSE:BRK.B) portfolio? Remember, the Oracle of Omaha has had many winners in the stock market recovery. Sure, Buffett stumbled with airline stocks like American Airlines (NASDAQ:AAL). But, with massive gains in
Shares of Lemonade (NYSE:LMND) are taking a hit. LMND stock was down 6.9% ahead of earnings and now it’s seeing more selling pressure after the release. It has investors asking if Lemonade’s stock is a buy. Source: Piotr Swat / Shutterstock.com At the end of the day, that’s all most investors care about: what a
Canopy Growth (NYSE:CGC) has been full of misdirection as of late. CGC stock was giving bulls a nice pre-earnings rally before a two-dip ahead of the release. Upon popping higher on earnings, the stock is once again moving lower. What gives? Source: Shutterstock Putting our finger on this one has been tough, as the cannabis
Index funds are a great investment vehicle. They allow investors to track a specific stock market index such as the S&P 500, or a sector of the economy like technology companies. Additionally, index funds are known as a “passive investment” because they automatically track an underlying stock index. In this way, index funds provide investors
Nima Ghamsari, co-founder and chief executive officer of Blend, speaks during the Sooner Than You Think conference in Brooklyn, New York, Oct. 16, 2018. Alex Flynn | Bloomberg | Getty Images Digital lending start-up Blend raised $75 million in fresh funding amid surging demand for streamlined mortgage applications during the coronavirus pandemic. The move values the
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