Cisco Systems (CSCO) on Wednesday reported fiscal third-quarter earnings and revenue that fell from a year earlier but topped consensus estimates as product orders improved from a year earlier. The company’s sales guidance for Cisco stock in the current July-ending quarter came in above expectations. X The computer networking giant reported financial results after the […]
It doesn’t matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors. Many investors also have a go-to methodology that helps guide their buy and sell decisions. One way to find winning stocks based on your preferred way of investing is to use […]
It doesn’t matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors. Achieving those goals is made easier with the Zacks Style Scores, a unique set of guidelines that rates stocks based on popular investing methodologies, namely value, growth, and momentum. The Style […]
(Bloomberg) — AMC Entertainment Holdings is taking advantage of its meme stock rally to reduce its debt, revisiting a playbook that helped it shore up liquidity in 2021. Most Read from Bloomberg The movie theater chain said in a regulatory filing that it reached a private deal to swap about $164 million of its 10% […]
Pity Petrobras (NYSE: PBR) (NYSE: PBR.A) investors — they can’t seem to catch a break. Shares of the Brazilian oil giant — officially known as Petroleo Brasileiro — have fallen steadily in the four days leading up to and after the company’s poor first-quarter 2024 earnings report. This now includes a 7.2% decline through 10:45 […]
Dell Technologies (DELL) is “the best way to play” the artificial intelligence infrastructure build-out, investment bank Morgan Stanley said Wednesday. Dell stock jumped on the news. X Morgan Stanley analyst Erik Woodring reiterated his overweight, or buy, rating on Dell stock and raised his price target to 152 from 128. He also calls Dell stock […]
GameStop stock (GME) tanked 25% Wednesday as a rally among meme names showed signs of fading. Shares of the video game retailer are coming off a two-day short squeeze. GameStop stock gained more than 180% in the prior two sessions. AMC stock (AMC) also fell 17% Wednesday after the theater chain operator rose 95% over […]
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Medical Properties Trust (NYSE: MPW) is in a bit of a pickle. On May 6, its largest tenant, Steward Health Care, filed for bankruptcy. Then, on May 9, MPT reported its earnings for the first quarter. The company’s stock is nearly 48% off its recent highs within the last 12 months. But could the worst […]
All eyes were on Shopify (NYSE: SHOP) last week as it reported its first-quarter earnings results. With the stock up over 120% in the lead-up to the earnings release, investors had high expectations, so its weak outlook was met with severe consequences. Shopify stock has plunged 24% since then. Is this short-term dip a buying […]
Futures for the Dow Jones Industrial Average and other major indexes rose Wednesday, as investors reacted to a mild inflation report that offers further guidance on interest rates. Meanwhile, meme stocks GameStop (GME) and AMC Entertainment (AMC) cooled off on the stock market today after two straight sessions of massive gains. X In premarket action, […]
Despite many tech-focused enterprises putting up impressive returns in the past year and a half, they still remain well off their peak prices. This one booming business fits squarely into that category. Investors should therefore take a closer look at the opportunity. I’m talking about Airbnb (NASDAQ: ABNB), which just reported what I thought was […]