About once every 90 days, publicly traded companies have to face their shareholders and let them know how their businesses have performed over the past quarter. Those earnings releases often bring with them all sorts of news that can move the market. Sometimes that news is bad, which can knock a company’s stock down. Yet […]
Palantir stock (NYSE:PLTR) dipped by about 16% after its Q1 earnings report, prompting me to ponder whether this downturn presents a buying opportunity. Notably, Palantir showcased yet another quarter of solid revenue growth, promising client base expansion, and strong profitability metrics. That said, concerns persist regarding the stock’s elevated valuation. Consequently, despite my belief in […]
Hewlett-Packard Enterprise Inc (NYSE:HPE) is soaring today, up 9.5% at $17.04 at last look, and extending Friday’s post-earnings rise. The stock slipped immediately following the company’s mixed fiscal first-quarter results and a disappointing second-quarter forecast, but finished the day with a 2.2% rise. Now, the shares are holding on to a slim 0.8% year-to-date lead. […]
Palo Alto Networks (NASDAQ: PANW) has been one of the best leaders in the cybersecurity sector, with the stock having been up about 116% in the past year alone. That is until Wednesday, Feb. 21, when the stock plunged over 28% in a single day following its second quarter earnings. Investors were spooked when Palo […]
Earlier this week, I called Roku‘s (NASDAQ: ROKU) fourth-quarter report a “potentially game-changing business update.” I also highlighted the company’s impressive growth prospects as a leading provider of viewing platforms for digital media streams. Picking up Roku shares this week would deliver rich rewards over the next three years and beyond, I suggested. Well, the […]