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Ride-the-Wave Strategy – Best for Stock Traders

Ride-the-Wave targets multi-day price momentum following a company’s earnings announcement (EA). With this strategy:

  1. Buy a stock one day post-EA if a stock reacts positively post-earnings:
    1. Near the close of trading the EA-day for a pre-market-EA
    2. Near the close of the following day for a post-market-EA
  2. Sell-to-close after 7-10 days, or possibly earlier if a desired price target is reached

Similarly,

  1. short a stock one day post-EA if a stock reacts negatively post-earnings:
    1. near the close of trading the EA-day for a premarket-EA
    2. near the close of the following day for a post-market-EA
  2. then buy-to-close after 7-10 days, or possibly earlier if a desired price target is reached

Important: Ride-the-Wave is predicated on significant price momentum triggered by an EA. The 7-10 day scenario is the maximum trade hold-time. If you see post EA-momentum is halted or reversed by a significant opposite move, re-evaluate your presence in the trade.

This popular StockEarnings screen below will give you a list of stocks that historically exhibit significant price momentum following an EA for the next seven days:

  1. Stocks exhibiting positive post-EA price moves are buy-candidates
  2. Stocks exhibiting negative post-EA price moves are sell/short-candidates

The screen includes those stocks whose Earnings just came out in last two days.

Screen criteria:

  1. Earnings Date Start Date : Current Date + -1 Day
  2. Earnings Date End Date : Current Date + -2 Days
  3. Predicted Move (Next Day) Max : 7%
  4. Predicted Move (On 7th Day) Min : 7%

Strategy Guideline:

  1. Buy the stock if stock has reacted positively. Short the stock if stock has reacted negatively (see above).
  2. Close the position in 7-10 days, or possibly earlier based on price move.

Volatility Crush Strategy - Best for Options Traders

The Volatility Crush strategy is used with stocks that typically experience relatively low-to-moderate price moves (≤4%) following their Earnings Announcements (EA). The basic trade idea is to sell put or call options right before the EA, collecting a credit when options premium is very high due to elevated implied volatility (IV). You then close the position right after the EA by buying the option back much cheaper due to the significant drop in IV that occurs after the mystery of the EA disappears. In assessing this trade, you need to do your homework to ensure you collect sufficient premium to make the trade worthwhile.

This trade is practical due to the low-to-moderate price-move after the EA, which generally won’t significantly affect the options price, unlike an “action” stock, which experience great price moves post-EA. With these symbols, if you’re on the right side of the price move, that’s a great thing. But if you’re on the wrong side of the move, not so great. Consequently, by minimizing the effect of the post-EA price move, you have a much better chance to profit from the reduction in IV without it being ruined by a violent price move.

For this trade, open the position either (1) the night before the EA when the company announces earnings or (2) during the EA day when it announces post-market, generally capturing IV at or close to its peak.

For this trade, open the position either (1) the night before the EA when the company announces earnings or (2) during the EA day when it announces post-market, generally capturing IV at or close to its peak.

This popular stockearnings screen will give you a list of stocks which do not react more than 4% fpost-EA. It includes only those stocks whose earnings are releasing next day.

Screen criteria:

  1. Earnings Date Start Date : Current Date + 1
  2. Earnings Date End Date : Current Date + 1
  3. Predicted Move (Next Day) Max : 4%
  4. Options Type: Weekly

Strategy Guideline:

  1. Options Strategy: Sell Call and Put
  2. Options Strike Price: Current Stock Price – (% Predicated Move x 2)
  3. Expiration Date: It should generally be the closest expiry immediately after the EA.
  4. Buy Insurance: Buying back Call and Put at Strike price which 10% lower than Sell Strike Price is optional but recommended.

Watch Video for More Detail

Volatility Rush Strategy - Best for Options Traders

The Volatility Rush takes advantage of increasing options premiums into earnings announcements (EA) caused by an anticipated rise in Implied Volatility (IV). With this strategy, Buy a Call and Put at-the-money (a long straddle) 2-3 weeks before the EA when IV is lower. Sell the position either (1) the night before the EA when the company announces earnings pre-market, or (2) during the EA day when it announces post-market, generally capturing IV at or close to its peak.

This popular screen will give you a list of stocks whose Options premiums tend to rise into Earnings. It includes only those stocks whose Earnings are at least two weeks away from today.

Screen criteria:

  1. Earnings Date Start Date : Current Date + 15 Days
  2. Earnings Date End Date : Current Date + 30 Days
  3. Predicted Move (Next Day) Min : 5%
  4. Options Type: Weekly or Monthly if that lines up with the two to three-week lead-time for entering the trade

Strategy Guideline:

  1. Buy a Straddle at or close to the money two to three weeks pre-EA.
  2. Sell the position either the night before the EA when the company announces earnings pre-market, or during the EA day when it announces post-market.
  3. Expiration date should generally be the closest expiry immediately after the EA.
  4. Straddle price should not be more 60% of predicted move.

Predicted Move (Volatility)

Similar to Implied Volatility in Options. Expected volatility % based on our Proprietary Volatility Predication Model. We are expecting that stock price will likely to reach % in either direction by the end of next trading session after Earnings are released and not necessarily the closing volatility %.

Why is it important?

    This indicator helps

  1. Knowing expected volatility in stocks after Earnings helps to decide trading stocks before Earnings Announcement.
  2. Taking Advantage of volatility collapse following Earnings Results by using Advance Options strategies such as Spread and Straddles.

Since Last Earnings

Change in share price since last Earnings release.

Why is it Important?

When share has gained more than 10% since it's last Earning release, it tends to over react to minor bad news and give up some gains if not all. So, it contains more downside volatility than upside When share has dropped more than 10% since it's last Earning release, it tends to over react to minor good news and recover some drops if not all. So, it contains more upside volatility than downside.

EPS Surprise (%)

Occurs when a company's reported quarterly or annual profits are above or below analysts' expectations. Here is the formula to derive % EPS Surprice:

Actual EPS - Estimated EPS
------------------------------------- x 100
Estimated EPS

Why is it Important?

Earnings surprises can have a huge impact on a company's stock price. Several studies suggest that positive earnings surprises not only lead to an immediate hike in a stock's price, but also to a gradual increase over time. Hence, it's not surprising that some companies are known for routinely beating earning projections. A negative earnings surprise will usually result in a decline in share price.

Next Day Price Change (%)

Next Regular trading session Closing price following Earnings result.

For After Market Close Earnings, It is a next trading day closing price. For Before Market Open Earnings, It is the same trading day closing price.

Why is it Important?

Next Day price change is a reaction of Earnings result.

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Freeport-McMoRan Inc. (NYSE:FCX) was unchanged despite reporting earnings and revenues that topped estimates. However the 2021 outlook spooked the markets.

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General Electric (NYSE:GE) Earnings and Revenues Decline but Free Cash Flow Grows 12%

Posted on Jan 27, 2021 by Anne Perry

General Electric (NYSE:GE) bounce back from COVID-19 disruptions is gathering pace. The company has reported 12% increase in free cash flow even as revenues and earnings declined

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What To Expect When Johnson & Johnson (NYSE:JNJ) Reports Q4 Earnings

Posted on Jan 26, 2021 by Anne Perry

Johnson & Johnson (NYSE:JNJ) is poised to report Q4 and full year earnings results at the back of an impressive run on the development of COVID-19 vaccine. A bounce back of the medical device is also expected.

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Earnings Beat Could Propel Verizon Communications Inc. (NYSE: VZ) Higher Amid 5G Rollout Milestones

Posted on Jan 26, 2021 by Anne Perry

Verizon Communications Inc. (NYSE:VZ) heads into the earnings session at the back of a massive 5G rollout campaign. The company has already signed deals with big customers poised to strengthen its revenue base.

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Tanla Partners Microsoft To Enhance Privacy and Secure Messaging In Digital Commerce

Posted on Jan 26, 2021 by Anne Perry

Microsoft Corporation (NASDAQ:MSFT) has set out to guarantee privacy and enhance secure messaging in one of the biggest digital marketplaces in the world.

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What To Expect As Starbucks Corporation (NASDAQ:SBUX) Reports Q1 Results

Posted on Jan 25, 2021 by Anne Perry

Starbucks Corporation (NASDAQ:SBUX) is poised to report fiscal Q1 results in one of the most challenging quarter. Store closures amid lockdown restrictions could have hurt same-store sales.

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This is Why Advanced Micro Devices, Inc. (NASDAQ:AMD) is Poised To Top Q4 Earnings

Posted on Jan 25, 2021 by Anne Perry

Advanced Micro Devices, Inc. (NASDAQ:AMD) heads into the Q4 earnings session as a market leader in the production and distribution of CPU processors. Likewise, the company’s earnings and revenues are expected to top estimates.

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IBM Common (NYSE:IBM) Turns To Hybrid Cloud After Consecutive Revenue Decline

Posted on Jan 25, 2021 by Anne Perry

IBM Common (NYSE:IBM) stock tumbled by more than 9% after the company reported a 6% decline in revenues. In contrast earnings topped estimates as the company switches attention to hybrid cloud model

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CSX Corporation (NASDAQ:CSX) Q4 Reveneu Drops But Affirms Buybacks

Posted on Jan 22, 2021 by Anne Perry

CSX Corporation (NASDAQ:CSX) has come under pressure in recent days after powering to record highs at the start of the year.

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Intel Corporation (NASDAQ: INTC) Eyes Licensing Deals After Record Revenues

Posted on Jan 22, 2021 by Anne Perry

Intel Corporation (NASDAQ:INTC) stock rallied as the company reported impressive Q4 earnings that topped estimates. The company also excited investors by announcing a dividend offering.

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United Airlines Holdings Inc. (NASDAQ:UAL) Turns To Cost Cuts After Consecutive Quarterly Loss

Posted on Jan 22, 2021 by Anne Perry

United Airlines Holdings Inc. (NASDAQ:UAL) woes are far from over, having reported a consecutive quarterly loss hurt by the COVID-19 pandemic. The company has also embarked on a cost-cutting drive.

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UnitedHealth Group Inc. (NYSE:UNH) Earnings Beats Estimates Reiterates Growth In 2021

Posted on Jan 21, 2021 by Anne Perry

UnitedHealth Group Inc. (NYSE:UNH) had an impressive fourth-quarter and full-year 2020, as depicted by solid financial results. The company benefited from opportunities presented by the COVID-19 pandemic.

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Procter and Gamble (NYSE:PG) Healthcare and Home Sales To Drive Q3 Growth

Posted on Jan 21, 2021 by Anne Perry

Procter and Gamble (NYSE:PG) delivered impressive Q2 results that affirm growth in the core business. Likewise, the company expects accelerated growth in Q3 at the back of strong health care and home sales.

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Netflix Inc. (NASDAQ:NFLX) Blows Estimates As Subscriptions Top 200 Million

Posted on Jan 21, 2021 by Anne Perry

Netflix Inc. (NASDAQ:NFLX) overseas expansion drive is paying off. The company is fresh from reporting revenue growth at the back of subscription base topping 200 million

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Halliburton Company (NYSE:HAL) Rebound Gathers Pace As Q4 and Full Year Earnings Top Estimates

Posted on Jan 20, 2021 by Anne Perry

Halliburton bounce back from the shackles of COVID—19 is gathering pace. The company is fresh from reporting impressive Q4 and Full-year earnings that topped estimates.

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Trading and Banking Propels Goldman Sachs Group Inc. (NYSE: GS) To Decade High Profit

Posted on Jan 20, 2021 by Anne Perry

Goldman Sachs Group Inc. (NYSE:GS) shrugged off the effects of record-low interest rates to generate its highest profit in a decade. The investment banking division continues to offset weakness in other divisions.

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Bank of America Corp (NYSE:BAC) Interest Net Income Hurt By low Interest Rates Revenues Drop 9%

Posted on Jan 20, 2021 by Anne Perry

Bank of America Corp (NYSE:BAC) continues to feel the full effects of record low interest rates. Revenue declined 9% as net interest income also fell by 16%. The bank has announced a $2.9 billion buyback program

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Tesla Inc. (NASDAQ: TSLA)’s Ramping Up Model Y Production in China, Makes First Deliveries

Posted on Jan 19, 2021 by Anne Perry

Tesla Inc. (NASDAQ:TSLA) has inched a step closer to start mass production in China. The company has made the first deliveries of Model Y produced at its $2 billion gigafactory in Shanghai.

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Home Depot Inc. (NYSE:HD) and Omnicom Group Inc. (NYSE:OMC) Urged To Stop Advertising In Platforms Fuelling Hate Speech and Misinformation

Posted on Jan 19, 2021 by Anne Perry

Home Depot Inc. (NYSE:HD) and Omnicom are under immense pressure to investigate whether their advertising campaigns are in platforms at the heart of fuelling division and hate speech in the U.S

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General Motors Company (NYSE:GM) Spending $800 Million to Produce Electric van In Canada

Posted on Jan 19, 2021 by Anne Perry

General Motors Company (NYSE:GM) have affirmed it means business in the production of electric cars. The automaker is spending $800 million to convert a Canadian plant into an electric vehicle manufacturing facility

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Apple Inc. (NASDAQ:AAPL) CEO Tim Cook Insists Parler Violated Terms of Service But Ban is Temporary

Posted on Jan 18, 2021 by Anne Perry

Apple Inc. (NASDAQ:AAPL) CEO Tim Cook has defended the delisting of Parler app from App store. According to the executive violated terms of service for failing to moderate content

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Facebook Inc. (NASDAQ:FB) Bans Guns Accessories Ads Until After Inauguration

Posted on Jan 18, 2021 by Anne Perry

Facebook Inc. (NASDAQ:FB) crackdown on inciting content and products has resulted in a total ban of all gun accessories adverts on the platform. The ban comes on the app also banning the phrase 'stop the steal'

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Amazon.com, Inc. (NASDAQ:AMZN) Sued Over Anticompetitive e-Books Pricing

Posted on Jan 18, 2021 by Anne Perry

Amazon.com, Inc. (NASDAQ: AMZN) will have to defend itself in a federal court over claims it has colluded with five of the biggest publishers, a move that has resulted in a significant increase in e-books prices.

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Toyota Motor Corp (NYSE:TM) To Pay $180 Million For Emission Reporting Violation

Posted on Jan 15, 2021 by Anne Perry

Toyota Motor Corp (NYSE:TM) is to pay the biggest civil penalty for failing to meet emission reporting requirements between 2005 and 2015. It joins a number of automakers that have had to pay hefty fines over emissions

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Tesla Inc. (NASDAQ:TSLA) Asked To Recall 158,000 Cars Over Touchscreen Glitches

Posted on Jan 15, 2021 by Anne Perry

Tesla Inc. (NASDAQ:TSLA) faces a major hurdle, having been ordered to recall some 158,000 cars over touchscreen malfunction. The recall will affect some 158,000 cars produced before 2019

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Cisco Systems, Inc. (NASDAQ:CSCO) CEO Defends 64% Price Increase For Acacia Communications, Inc. (NASDAQ:ACIA)

Posted on Jan 15, 2021 by Anne Perry

Cisco Systems, Inc. (NASDAQ:CSCO) has reached an agreement to acquire Acacia. The Networking giant CEO has had to defend a decision to increase the takeover bid by 645 in order to seal the deal.

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Walmart Inc. (NYSE:WMT) Eyes 24/7 Grocery Deliveries With Smart Coolers

Posted on Jan 13, 2021 by Anne Perry

Walmart Inc. (NYSE:WMT) is in the process of trialing a new delivery system that, if successful, will allow it to convert grocery delivery into a 24/7 business. The new system leverages smart coolers.

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Amazon.com, Inc. (NASDAQ:AMZN) Terms Parler Lawsuit Meritless

Posted on Jan 13, 2021 by Anne Perry

Amazon.com, Inc. (NASDAQ:AMZN) Web Services has hit back, reiterating that the Parler lawsuit against it is meritless. The cloud computing unit maintains it did not breach any contract on severing ties.

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Visa Inc. (NYSE:V) Scraps Plaid Takeover Plans Over DOJ Antitrust Scrutiny

Posted on Jan 13, 2021 by Anne Perry

Visa Inc. (NYSE:V) has shelved plans to acquire Silicon Valley startup Plaid. The termination comes on the deal coming regulatory scrutiny over antitrust concerns.

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Nio Inc. (NYSE: NIO) Unveils Electric Sedan As Tesla Inc. (NASDAQ: TSLA) Pushes For China Sales

Posted on Jan 12, 2021 by Anne Perry

Nio has unveiled its first ever electric sedan as it pushes for market share in the world’s largest auto market. Tesla has also set sights on the market Model Y sales.

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Walmart Inc. (NYSE:WMT) & Ribbit Capital Ink Strategic partnership For Financial Solutions

Posted on Jan 12, 2021 by Anne Perry

Walmart Inc. (NYSE:WMT) is looking to enhance its financial solutions. The company has inked a strategic partnership with Ribbit Capital as they seek to develop modern and innovative financial solutions.

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Amazon.com, Inc. (NASDAQ: AMZN) Delists QAnon Linked Products

Posted on Jan 12, 2021 by Anne Perry

Amazon.com, Inc. (NASDAQ:AMZN) has once again cracked the whip ending the sale of QAnon linked products on its e-commerce platform. The decision comes just days after the company severed ties with social media app Parler.

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Parler Sues Amazon.com, Inc. (NASDAQ:AMZN) On Terminating Web Hosting Contract

Posted on Jan 12, 2021 by Anne Perry

Social networking app Parler has sued Amazon for terminating its web hosting contract. The app alleges that Amazon’s action amount to antitrust violation and breach of contract.

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Amazon.com, Inc. (NASDAQ:AMZN) Tweaks Return Policy Amid Spiraling Costs

Posted on Jan 11, 2021 by Anne Perry

Amazon.com Inc.(NASDAQ: AMZN) has carried out some changes on the return policy of items purchased in its store. Consumers will now be able to get full refund on items bought and still keep the item

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Apple Inc. (NASDAQ:AAPL), Amazon.com, Inc.(NASDAQ:AMZN), and Alphabet Inc. Class A (NASDAQ:GOOGL) Servers Ties With Parler App

Posted on Jan 11, 2021 by Anne Perry

Conservatives networking app Parler will have to look for a new web hosting service Amazon having ended their ties. Likewise, Apple and Google have delisted the app from their app stores

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NVIDIA Corporation (NASDAQ:NVDA)’S $40 Billion Arm Holding Takeover Targeted

Posted on Jan 08, 2021 by Anne Perry

NVIDIA Corporation (NASDAQ:NVDA) bid to acquire Arm holdings hangs in the balance. U.K’s competition regulator has lodged an investigation into the potential impact of the $40 billion proposed merger

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Alibaba Group Holding Ltd (NYSE:BABA) and Tencent Tank amid U.S Blacklist Addition Risk

Posted on Jan 08, 2021 by Anne Perry

Alibaba Group Holding Ltd (NYSE:BABA) woes are slowly getting out of hand in the aftermath of co-founder Jack Ma criticizing Chinese regulators. The company, as well as Tencent, is facing the risk of being added to the blacklist in the U.S

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Tiffany & Co. (NYSE:TIF) $15.8 Billion Louis Vuitton Merger Complete

Posted on Jan 08, 2021 by Anne Perry

LVMH has completed the takeover of Tiffany & Co. (NYSE:TIF) in a $15.8 billion deal. The agreement ends a one year stalemate that had resulted in lawsuits and counter lawsuits between the two companies

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Ford Motor Company (NYSE:F) To Focus On Iconic Trucks And SUVs After Sales Tank 15%

Posted on Jan 07, 2021 by Anne Perry

Ford Motor Company (NYSE:F) is fresh from reporting a 15% decline in U.S auto sales, the biggest decline in eight years. The decline came as production and sales chains came under pressure owing to COVID-19.

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Amazon.com, Inc. (NASDAQ:AMZN) To Invest $2 Billion On Affordable Housing

Posted on Jan 07, 2021 by Anne Perry

Amazon.com, Inc. (NASDAQ:AMZN) has joined other tech giants in pushing for affordable housing. The company has donated $2 billion to be used in the construction of 20,000 affordable housing in three key hubs.

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Walgreens Boots Alliance Inc. (NASDAQ:WBA) Divests Pharmacy Unit for $6.5 Billion To AmerisourceBergen

Posted on Jan 07, 2021 by Anne Perry

Walgreens Boots Alliance Inc. (NASDAQ:WBA) is exiting the wholesale pharmacy business wary of stiff competition from CVS and Amazon. The company has sold a majority stake of the business to AmerisourceBergen

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Amazon.com, Inc. (NASDAQ: AMZN) Strengthens Air Fleet For Cargo Delivery With 11 Boeing Jets

Posted on Jan 06, 2021 by Anne Perry

Amazon.com, Inc. (NASDAQ:AMZN) has moved to strengthen its Air fleet unit with the acquisition of 11 used Boeing 737 jets. The acquisition is part of a plan of bolstering the logistics network in response to the growing demand for delivery services

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Alibaba Group Holding Ltd (NYSE:BABA) Shrugs Antitrust Scrutiny Plots $5 Billion Bond Sale

Posted on Jan 06, 2021 by Anne Perry

Alibaba Group Holding Ltd (NYSE:BABA) is looking beyond spiraling regulatory scrutiny with plans to absorb additional debt in the bond markets. The company is planning a massive bond sale as it looks to take advantage of low borrowing costs

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Macy's Inc. (NYSE:M) To Focus On Digital Sales Amid Store Closures

Posted on Jan 06, 2021 by Anne Perry

Macy's Inc. (NYSE:M)’s is closing down a number of stores in response to a decline in traffic to shopping malls. The closure is part of a bigger plan that seeks to increase focus on digital sales in the aftermath of same-store sales decline

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Fiat Chrysler Automobiles NV (NYSE:FCAU)-PSA Group Merger Inches Closer After Approval

Posted on Jan 05, 2021 by Anne Perry

Fiat Chrysler Automobiles NV (NYSE:FCAU) and PSA Group have moved a step closer to reinvigorating their prospects in the auto industry. Shareholders have approved their merger expected to result in the fourth largest auto company.

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Teledyne Technologies Incorporated (NYSE:TDY) Acquiring FLIR Systems, Inc. (NASDAQ: FLIR) For $8 billion To Strengthen Sensor Business

Posted on Jan 05, 2021 by Anne Perry

Teledyne has moved to strengthen its thermal imaging unit with the acquisition of FLIR systems for $8 billion. The takeover bid represents a 40% premium with the transaction poised to close mid this year.

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Roku Inc. (NASDAQ:ROKU) Eyes Quibi’s Content To Bolster Roku App

Posted on Jan 05, 2021 by Anne Perry

It’s the end of the road for Quibi in the short-form video streaming service. The company is in talks to sell its content to Roku Inc. (NASDAQ:ROKU) as it continues to wind operations having struggled to stay afloat.

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Walgreens Boots Alliance Inc. (NASDAQ:WBA) Poised For Q1 Earnings Decline

Posted on Jan 04, 2021 by Anne Perry

Walgreens Boots Alliance Inc. (NASDAQ:WBA) is poised to report its quarterly results at the back of a tumultuous quarter owing to COVID-19 disruptions. The company is poised to report mixed quarterly results.

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Conagra Brands Inc. (NYSE:CAG) Poised For Solid Q2 Earnings Amid COVID-19 Stockpiling Boost

Posted on Jan 04, 2021 by Anne Perry

Conagra Brands Inc. (NYSE:CAG) is heading into Q2 earning session having profited from increased stockpiling amid the COVID-19 pandemic. The company is also profiting from increased innovation and brand building

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Constellation Brands, Inc. (NYSE:STZ) Rated As A Buy Ahead of Earnings

Posted on Jan 04, 2021 by Anne Perry

Expectation is high that Constellation Brands will report better than expected quarterly results owing to strong beer sales. Likewise, analysts at Morgan Stanley have rated the stock as a buy

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Tesla Inc (NASDAQ: TSLA) Is On Track To Achieve Its 500k Deliveries Target For 2020

Posted on Dec 31, 2020 by Anne Perry

Tesla’s Q4 delivery figures are not yet out but analysts are optimistic that the company will reach 500,000 deliveries for 2020.

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Tiffany & Co. (NYSE: TIF) Shareholders Approve $15.8 Billion Merger Deal With LVMH

Posted on Dec 31, 2020 by Anne Perry

Tiffany and LVMH will finally move forward with their merger plans after overwhelming investor approval.

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Amazon.com, Inc. (NASDAQ: AMZN) Acquires Wondery in a Move Aimed at Bolstering Its Position in the Podcast Industry

Posted on Dec 31, 2020 by Anne Perry

Amazon is planning to bolster its audio offerings by acquiring a podcast company called Wondery and the acquisition will help it compete more effectively with rivals in the audio space.

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Apple Inc (NASDAQ: AAPL) Hosed Down by Judicial Ruling in Copyright Infringement Lawsuit It Filed Against Corellium

Posted on Dec 30, 2020 by Anne Perry

A software startup called Corellium recently won a legal battle against tech giant Apple in which it had been accused of copyright infringement.

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Facebook, Inc. (NASDAQ: FB) and Alphabet Inc (NASDAQ: GOOG) Face Antitrust Probe for Illegal Price-Fixing Deal

Posted on Dec 30, 2020 by Anne Perry

Google and Facebook have been accused of attempting to illegally fixing ad prices courtesy of their business agreement in 2018.

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Apple Inc (NASDAQ: AAPL) Gets Caught Up in Illegal Labor Allegations Involving Forced Uigur Muslim Workers

Posted on Dec 30, 2020 by Anne Perry

Apple was allegedly involved in unfair labor practices through one of its Chinese suppliers which has reportedly been using forced Uighur Muslim laborers.

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Alphabet Inc. (NASDAQ: GOOGL) and Facebook Inc. (NASDAQ:FB) Regulatory Pressures to Persist in 2021

Posted on Dec 29, 2020 by Anne Perry

Facebook and Google are poised to be the center of attention in 2021 as regulators continue to look into their operations. The two may be forced to change how they operate on the passing of new laws.

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Novavax, Inc. (NASDAQ: NVAX) Starts Late Stage COVID-19 Vaccine Trials

Posted on Dec 29, 2020 by Anne Perry

Novavax has inched a step closer to the development of COVID-19 vaccine. The company has kick-started late-stage trials awaiting efficacy results.

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Myovant Sciences Ltd (NYSE: MYOV) Explodes on Pfizer Inc. (NYSE: PFE) Strategic Partnership

Posted on Dec 29, 2020 by Anne Perry

Myovant exploded on a huge turnover of traded shares on the inking of a strategic partnership with Pfizer. The agreement is for the development of treatments targeting prostate cancer and women’s health.

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Facebook, Inc. (NASDAQ: FB) Exits Tax-Haven Ireland Amid Soaring Regulatory Scrutiny

Posted on Dec 28, 2020 by Anne Perry

Facebook has started shutting down holding companies set up in tax haven Ireland to avoid paying taxes in some countries. The shutdown comes amid pilling regulatory pressure.

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Will Tesla Inc. (NASDAQ: TSLA) Implode in 2021 After S&P 500 Addition?

Posted on Dec 28, 2020 by Anne Perry

Tesla has been on a fine run, rallying by more than 600% in 2020. Amid the meteoric run there is growing concern that the company could struggle in 2021 amid soaring competition.

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AstraZeneca PLC. (NASDAQ: AZN) Touts Its Vaccine’s Ability Over New COVID-19 Strain

Posted on Dec 28, 2020 by Anne Perry

AstraZeneca maintains its experimental covid-19 vaccine has what it takes to combat the new covid-19 strain that is 705 more transmissible. The remarks comes even as the company continues to pursue regulatory approval.

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State Administration for Market Regulation Alleges Alibaba Group Holding Ltd (NYSE: BABA) of Pushing a Monopolistic Agenda

Posted on Dec 24, 2020 by Anne Perry

Alibaba investors show cold feet after Chinese regulators launch antitrust probe against online giant.

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Nikola Corporation (NASDAQ: NKLA) Shares Have Been on a Free-Fall After It Announced the Cancellation of Its Contract With Republic Services to Supply 2,500 Garbage Trucks

Posted on Dec 24, 2020 by Anne Perry

Nikola’s share price takes a huge hit after garbage truck contract cancellation goes sour.

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Zoom Video Communications Inc (NASDAQ: ZM) Wants to Take On Industry Leaders in Email and Calendar Services

Posted on Dec 24, 2020 by Anne Perry

Zoom was the most popular video conferencing service in 2020, and it might be planning to tap into that popularity by introducing email and calendar services to rival those of Google and Microsoft.

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Walmart Inc. (NYSE: WMT) Sued For Fuelling Opioid Crisis

Posted on Dec 23, 2020 by Anne Perry

The U.S Department of Justice is suing Walmart over claims it played a key role in fuelling the opioid crisis. The retailer has refuted the claims insisting it did due diligence in filling all orders.

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Alphabet Inc. (NASDAQ: GOOGL) and Facebook, Inc. (NASDAQ: FB) Under Probe For Signing Antitrust Support Deal

Posted on Dec 23, 2020 by Anne Perry

Google and Facebook are the subject of a new lawsuit over claims they signed an agreement to defend each other if they ever face antitrust investigations.

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FDA Warns Amazon.com, Inc. (NASDAQ: AMZN)’s Whole Foods Market Of Mislabeling Items

Posted on Dec 23, 2020 by Anne Perry

The Food and Drug Administration has taken a swipe at Amazon’s grocery chain Whole Foods Market for mislabeling items. The unit has been issued with a warning letter.

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Walmart Inc. (NYSE: WMT) Partners FedEx Corporation (NYSE: FDX) to Enhance Return Service for Online Purchases

Posted on Dec 22, 2020 by Anne Perry

Walmart is once again bolstering its e-commerce service with the introduction of an online returns service. The retailer has inked a strategic partnership with FedEx to enable the new service.

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Peloton Interactive Inc. (NASDAQ: PTON) Acquiring Precor To Enhance Manufacturing Capabilities

Posted on Dec 22, 2020 by Anne Perry

Peloton has moved to strengthen its U.S manufacturing capabilities with the acquisition of Precor. The acquisition should have a significant impact on the rate at which the company produces fitness equipment.

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Pfizer Inc. (NYSE: PFE) and Moderna Inc. (NASDAQ: MRNA) Vaccine Trigger Second Round Studies Amid Widespread Allergic Reactions

Posted on Dec 22, 2020 by Anne Perry

Regulators are moving with speed to avert growing concerns about the COVID-19 vaccine. Faced with increasing allergic reactions, officials are plotting studies to assess what could be causing the same.

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Apple Inc. (NASDAQ: AAPL) Shuts Down Stores In California

Posted on Dec 21, 2020 by Anne Perry

Apple is shutting down some stores in California as the COVID situation in the state deteriorates. The closure also affects stores in Europe, Tennessee and other localities hard hit by the pandemic.

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Digital Growth Propels Nike Inc. (NYSE: NKE) to Sales Growth

Posted on Dec 21, 2020 by Anne Perry

Nike is coming off an impressive second-quarter. Robust e-commerce sales helped the company offset decline in in-store sales. Similarly the company continues to enjoy robust sales in the U.S.

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Carnival Corp (NYSE: CCL): A Bounce Back Play On Recovering Cruise Line Business

Posted on Dec 21, 2020 by Anne Perry

Carnival is already positioning itself for next year as business starts ti pick pace in the cruise-line industry. Distribution of coronavirusvaccineis once again reinvigorating prospects in the industry.

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BlackBerry Ltd (NYSE:BB) Turns Bullish On AWS Partnership And Impressive Q3 Results

Posted on Dec 19, 2020 by Anne Perry

BlackBerry Ltd (NYSE:BB) has turned the page and is now trending upwards amid renewed investor interest. The inking of a strategic partnership supplemented by Impressive Q3 results has all but strengthened the stock’s sentiments among investors

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FedEx Corporation (NYSE:FDX) Enjoys Booming Business Amid COVID-19 And E-Commerce Boom

Posted on Dec 19, 2020 by Anne Perry

FedEx Corporation (NYSE:FDX) continues to take advantage of opportunities triggered by COVID-19. Demand for shipping services is on the rise thanks too booming e-commerce. The company also looks set to profit from COVID-19 vaccine distribution

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Rite Aid Corporation (NYSE: RAD) Skyrocketing on Booming Pharmacy Business Amid COVID-19

Posted on Dec 18, 2020 by Anne Perry

Rite Aid is skyrocketing up the charts after reporting impressive Q3 results. The company has also issued an upbeat guidance that affirm continued growth heading into 2021.

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Lennar Corporation (NYSE: LEN) Climbing The Ladder On Booming Housing Market

Posted on Dec 17, 2020 by Anne Perry

A pandemic-driven housing boom, coupled with a confluence of millennials starting families and creating households of their, underscores Lennar Corporation (NYSE: LEN)'s long-term prospects.

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Apple Inc. (NASDAQ:AAPL)- Facebook Inc.(NASDAQ:FB) Feud Escalates As EU Unveils New Antitrust Rules

Posted on Dec 17, 2020 by Anne Perry

Facebook has taken a swipe on Apple following the unveiling of new rules in Europe designed to clamp tech giants powers. The new rules will also affect Facebook, which is accused of doing little to fight misinformation or harmful content.

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Micron Technology, Inc. (NASDAQ: MU) Firing on All Angles Ahead of Earnings

Posted on Dec 17, 2020 by Anne Perry

Micron technology is powering high aid booming business in the semiconductor sector. The semiconductor looks set toreport better than expected earnings given the underlying developments.

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Navistar International Corp (NYSE: NAV) Could Disappoint As Takeover Talks Continue

Posted on Dec 16, 2020 by Anne Perry

Navistar is poised to report its fourth-quarter and full-year earnings. The report comes at a time when the company is an acquisition target for Germany’s automaker Volkswagen.

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Walmart Inc. (NYSE: WMT) Partners Gatik On Self Driving Cars For Deliveries

Posted on Dec 16, 2020 by Anne Perry

Walmart has once again affirmed it means business when it comes to using self-driving cars for deliveries. The company is poised to launch an autonomous delivery service in Arkansas, having teamed up with Gatik.

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Twitter Inc. (NYSE: TWTR) Shutting Down Periscope App

Posted on Dec 16, 2020 by Anne Perry

Twitter is shutting down live streaming app Periscope acquired in 2015 as it did with Vine app. The shutdown comes on the company shifting most live streaming capabilities to the main app.

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Amazon.com, Inc. (NASDAQ: AMZN)’s Zoox Unveils An Electric Self-Driving Robotaxi

Posted on Dec 15, 2020 by Anne Perry

Amazon foray into the ride sharing business is gathering steam. The company’s self-driving unit has unveiled an electric self-driving robotaxi that can carry four passengers.

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Moderna Inc. (NASDAQ: MRNA) Quashes EMA Cyber-attack Impact

Posted on Dec 15, 2020 by Anne Perry

Moderna data was illegally accessed as part of a recent data breach at the European Medicine Agency. The company has however refuted claims that sensitive data might have been accessed.

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Alphabet Inc. (NASDAQ: GOOGL) Unveils Hybrid Work Model To End Remote Working

Posted on Dec 15, 2020 by Anne Perry

Google has unveiled a hybrid work model that could end up getting employees back to offices. The flexible work week program seeks to have employees in offices at least three days a week.

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Genius Brands International Inc. (NASDAQ:GNUS) Eyes Ad Revenues with LG Electronics and Samsung Deals

Posted on Dec 14, 2020 by Anne Perry

Genius Brands has moved to strengthen its ad business with the inking of strategic deals with Samsung and LG Brands. The deals come as the children Media Company looks to make its Kartoon Channel available to a broader audience.

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Chinese Authorities Target Alibaba Group Holding Ltd (NYSE: BABA) And Tencent Over Antitrust Violations

Posted on Dec 14, 2020 by Anne Perry

Chinese regulatory authorities are heightening pressure on tech giants. The crackdown seeks to clamp down on illegal practices that go along way in crippling competion in various sectors.

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Facebook, Inc. (NASDAQ:FB) Under Pressure To Divest WhatsApp and Instagram

Posted on Dec 14, 2020 by Anne Perry

Facebook is the subject of increasing regulatory pressure over its practices that entail buying rival apps in a bid to cripple competition. Regulators are pushing for the spin-off of WhatsApp and Instagram.

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E-commerce Growth Propels Costco Wholesale Corporation (NASDAQ:COST) To Revenues and Earnings Growth

Posted on Dec 11, 2020 by Anne Perry

Costco Wholesale Corporation (NASDAQ:COST)'s robust growth continued in the first quarter as the retailer benefited from an increased focus on e-commerce. Revenue and earnings affirm a company in a phase of robust growth.

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Oracle Corporation (NYSE:ORCL) Earnings Growth Continues amid Strong Cloud Computing Technology Demand

Posted on Dec 11, 2020 by Anne Perry

After years of stagnant sales growth, Oracle is yet again registering booming business thanks to strong demand for its cloud computing solution. The recent quarter affirms growth in the core business.

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Dave & Buster's Entertainment Inc. (NASDAQ:PLAY) Warns Of Further Sales Decline After Q3 Slowdown

Posted on Dec 11, 2020 by Anne Perry

Dave & Buster's Entertainment Inc. (NASDAQ:PLAY) struggles’ continue owing to COVID19 disruptions. Revenue decline in the recent quarter attest to a company struggling to bounce back as traffic to outlets remains at all-time lows.

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Will Broadcom Inc. (NASDAQ:AVGO)’s Earnings And Revenue Track Record Persist?

Posted on Dec 10, 2020 by Anne Perry

Broadcom Inc. (NASDAQ:AVGO)'s impressive track record on earnings and revenue growth looks set to continue as it reports its quarterly results. Robust growth in data center chip business and infrastructure business affirms its credentials in the semiconductor business.

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Lululemon Athletica Inc. (NASDAQ:LULU) Rally At Stake Ahead of Q3 Report

Posted on Dec 10, 2020 by Anne Perry

Lululemon Athletica Inc. (NASDAQ:LULU) reports its third-quarter financial results with investors waiting to see if revenue growth continued, as was the case in the second quarter. Focus will also be on online sales, an area expected to shrug off any slowdown in brick and mortar sales.

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GameStop Corp. (NYSE:GME) Back To Growth As Net Loss Narrows

Posted on Dec 10, 2020 by Anne Perry

GameStop Corp. (NYSE:GME)'s bounce back after a slowdown in the first half of the year is gathering pace. A narrower than expected net loss in the recent quarter affirms a company in the right direction to profitability.

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Ciena Corporation (NYSE:CIEN) Banks on Pipeline of Deals to Shrug Revenue Decline

Posted on Dec 09, 2020 by Anne Perry

Ciena Corporation pipeline of deals for network upgrades is growing by the day. The company has continued to sign lucrative deals all but safeguarding its revenue base amid a challenging market environment.

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Chewy Inc. (NYSE: CHWY): The Pet Products Stock That Keeps On Giving

Posted on Dec 09, 2020 by Anne Perry

Chewy is fresh from reporting a 45% increase in revenues attributed to the strengthening and expansion of the core business. In addition to dispensing pet products, the company is also flexing its muscles on telehealth.

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Adobe Inc. (NASDAQ: ADBE) Subscription Growth Leads to Stable & Predictable Revenues

Posted on Dec 09, 2020 by Anne Perry

Adobe has been on a fine run in the market owing to its core business growing amid the pandemic. An increase in subscription for the company’s software solutions and cloud offerings continue to affirm long term prospects.

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MongoDB Inc. (NASDAQ: MDB) Reaping Secular To Cloud Computing Transition

Posted on Dec 08, 2020 by Anne Perry

MongoDB is firing on all cylinders ahead of its Q3 earnings. The company is reaping the rewards of ongoing transition from secular trends to cloud computing

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Genius Brands International Inc. (NASDAQ: GNUS) Banks On ChizComm To Revitalize Growth Metrics

Posted on Dec 08, 2020 by Anne Perry

Genius Brands had a third quarter to forget as net revenues declined 90%. The company has since turned to ChizComm acquisition as it seeks to reinvigorate its growth metrics around children media

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GameStop Corp. (NYSE: GME) Turns Bullish On Digital Video Gaming Ambitions

Posted on Dec 08, 2020 by Anne Perry

GameStop is heading into the earning session amid calls to tweak its core business and focus more on digital gaming. The transition is expected to shrug off the effects of shrinking store footprint

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Toll Brothers Inc. (NYSE:TOL) Poised For Impressive Earnings On Strong Demand and Record Low Interest Sates

Posted on Dec 07, 2020 by Anne Perry

Toll Brothers heads into the earning session after an impressive third-quarter buoyed by improving fundamentals. Strong demand for new homes and record low interest rates support prospects of better than expected earnings.

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Hertz Global Holdings Inc. (OTCMKTS:HTZGQ) Bottoming Out On $1.6 Billion Financing Deal

Posted on Dec 07, 2020 by Anne Perry

Hertz Global Holdings Inc. (OTCMKTS:HTZGQ) is bottoming out after imploding to record lows on filing for bankruptcy and getting delisted. The stock’s sentiments have improved on the signing of a $1.6 billion financing deal.

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Coupa Software Inc. (NASDAQ:COUP) Upbeat Ahead of Earnings

Posted on Dec 07, 2020 by Anne Perry

Coupa Software Inc. (NASDAQ:COUP) is climbing the ladder ahead of quarterly earnings. Growth on solid momentum in Business spend and clientele base continues to affirm growth in core business

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Weibo Corp (NASDAQ:WB) Banks On User Growth and Engagement Levels to Bolster Ad Business

Posted on Dec 04, 2020 by Anne Perry

Ahead of Weibo's third-quarter financial results release, the stock continues to edge lower. The pullback comes at the back of robust user growth and engagement levels in the company’s networking app.

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Cloudera Inc. (NYSE:CLDR) Eyes Fresh Gains As Analytics Market Prospects Improve

Posted on Dec 04, 2020 by Anne Perry

Cloudera Inc. (NYSE:CLDR) is coming off an impressive third-quarter depicted by earnings and revenue beat. The data analytics firm continues to benefit from the strong demand for its products amid the ongoing cloud transition.

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DocuSign Inc. (NASDAQ:DOCU) Rallies On Earnings Beat And Cloud Transition Boost

Posted on Dec 04, 2020 by Anne Perry

DocuSign Inc. (NASDAQ:DOCU) upward momentum continues to gather pace after the company reported better than expected Q3 results. The company is one of the beneficiaries as business transition to cloud-based solutions continues to gather steam.

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Okta Inc. (NASDAQ:OKTA) Solid Revenue Growth Trajectory Intact

Posted on Dec 03, 2020 by Anne Perry

Okta Inc. (NASDAQ:OKTA) revenue growth trajectory continued in the third quarter, at the back of strong demand for the company’s identity software. In addition, the company has issued a solid Q4 and full-year guidance.

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This Is Why Five Below Inc. (NASDAQ:FIVE) Is Racing Higher

Posted on Dec 03, 2020 by Anne Perry

Five Below Inc. (NASDAQ:FIVE) continues to outperform amid a challenging business environment owing to COVID-19. The specialty retailer is coming off an impressive third-quarter, depicted by revenue and earnings growth.

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Splunk Inc. (NASDAQ:SPLK) Earnings Fall Short Amid Cloud Transition

Posted on Dec 03, 2020 by Anne Perry

Splunk Inc. (NASDAQ:SPLK) had a third-quarter to forget as revenues and earnings fell short of estimates. The company has also issued guidance that signals its transition to software-as-a-service is yet to gain traction.

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Autodesk, Inc. (NASDAQ:ADSK) Acquires Spacemaker Explodes To Record Highs

Posted on Dec 01, 2020 by Anne Perry

A strong quarter reflecting growing customers on cloud computing and resilience of the subscription business model affirms Autodesk's impressive run. The stock is trading at record highs after a 30% plus rally in 2020.

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Zoom Video Communications Inc. (NASDAQ:ZM) Slowing Astronomical Growth Arouses Concerns

Posted on Dec 01, 2020 by Anne Perry

Zoom Video Communications Inc. (NASDAQ:ZM) fell by more than 5% after reporting impressive third-quarter financial results that topped analysts’ expectations.

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salesforce.com, inc. (NYSE:CRM) Turns To Slack To Accelerate Cloud Computing Growth

Posted on Dec 01, 2020 by Anne Perry

salesforce.com, inc. (NYSE:CRM) is one of the companies benefiting amid the ongoing digital transformation accelerated by the pandemic.

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Genius Brands International Inc. (NASDAQ:GNUS) under Pressure After 90% Revenue Decline and Stock Dilution Concerns

Posted on Nov 27, 2020 by Anne Perry

Genius Brands had a third-quarter to forget as revenues fell 90%. Stock dilution also continues to arouse concerns. However, the company has turned to the ChizComm acquisition to revitalize its sentiments and prospects.

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NetEase Inc. (NASDAQ:NTES) Q3 Earnings Beat Affirms Underlying Growth And Long Term Prospects

Posted on Nov 27, 2020 by Anne Perry

NetEase Inc. (NASDAQ:NTES) is once again flying high after reporting impressive Q3 financial results. Sales in online games continue to drive the bottom line as the company also benefits from expanding its operations overseas.

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Abercrombie & Fitch Co. (NYSE:ANF) Explodes To One Year Highs On Digital Sales Boost

Posted on Nov 27, 2020 by Anne Perry

Abercrombie & Fitch Co. (NYSE:ANF) jumped to a surprise quarterly profit thanks to digital sales growth and sequential sales improvements. The company has also reduced its reliance on tourist driven locations.

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Analog Devices, Inc. (NASDAQ:ADI) Stellar Q3 Affirms Year of Strategic Progress

Posted on Nov 26, 2020 by Anne Perry

Analog Devices, Inc. (NASDAQ:ADI) Services bounced back to sales growth after seven consecutive quarters of sales decline. Sales growth affirms strategic growth in the company’s core business.

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Medtronic PLC (NYSE:MDT) Recovery Gathers Pace Amid COVID-19

Posted on Nov 26, 2020 by Anne Perry

Medtronic PLC (NYSE:MDT) is increasingly shrugging off COVID-19 disruption going by its recent quarterly results. Revenue and earnings topping estimates underscore the faster than expected recovery amid the disruptions triggered by the pandemic.

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Dollar Tree, Inc. (NASDAQ:DLTR) Gains On Multi-Price Initiative And Family Dollar Integration

Posted on Nov 26, 2020 by Anne Perry

Dollar Tree, Inc. (NASDAQ:DLTR) is firing on all angles following the acquisition of Family Dollar. Better than expected results amid a challenging business environment underscore core business resiliency.

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Canadian Solar Inc. (NASDAQ:CSIQ) Future Affirmed Amid South East Asia Solar Energy Opportunity

Posted on Nov 24, 2020 by Anne Perry

Canadian Solar Inc. (NASDAQ:CSIQ) is firing on all cylinders going by its stellar Q3 financial results. The results affirm a strong demand for the company’s products. A tremendous opportunity for growth has also presented itself in South East Asia.

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JD.Com Inc. (NASDAQ:JD): Customer and Revenue Growth Affirm Long Term Prospects

Posted on Nov 24, 2020 by Anne Perry

JD.Com Inc. (NASDAQ:JD) is in a phase of robust growth, going by the rate of new customer addition and revenue growth in the recent quarter. Heading into the year-end, the company is poised to post impressive numbers, having become a key player in China’s burgeoning e-commerce sector.

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Hewlett Packard Enterprise Co (NYSE:HPE) Restructuring Almost Complete Amid Silver Peak Acquisition

Posted on Nov 24, 2020 by Anne Perry

Hewlett Packard Enterprise Co (NYSE:HPE) has laggard its peers for the better part of the year, going by stock performance. Fast forward, the company has embarked on a transition process as it seeks to become a cloud platform-as-a-service. It has also acquired Silver Peak to strengthen its growth prospects.

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Intuit Inc. (NASDAQ:INTU) Affirms Robust Sales Growth At Small Businesses and Consumer Groups

Posted on Nov 23, 2020 by Anne Perry

Intuit Inc. (NASDAQ:INTU)'s robust growth trajectory continued in Q1, affirming growth in the core business. Revenue growth in key segments affirms the company’s growth metrics and long term prospects.

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Gap Inc. (NYSE:GPS) Touts Growth Strategy To Reinvigorate Growth Metrics

Posted on Nov 23, 2020 by Anne Perry

Gap Inc. (NYSE:GPS) has embarked on a long-term growth strategy as it seeks to reinvigorate growth in its core business. The company is to focus on brands with tremendous growth practice while reducing growth in areas of slow growth. Store shutdowns are also poised to come into play.

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Splunk Inc. (NASDAQ:SPLK) Rallying On Tremendous Cloud Computing Opportunity

Posted on Nov 23, 2020 by Anne Perry

Splunk Inc. (NASDAQ:SPLK) has been power high as investors react to the company’s tremendous opportunities for growth in the cloud computing business.

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NVIDIA Corporation (NASDAQ:NVDA) Sounds Data Center Warning Bells After Q3 Beat

Posted on Nov 20, 2020 by Anne Perry

Nvidia has rattled the market by projecting a slowdown in the data center business. The segment is seen as a bright spot that many investors have bet on. Growth in graphic chip sales should help counter any revenue growth slowdown.

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L Brands Inc. (NYSE:LB) Explodes On Personal Hygienic Products Boost, But For How Long?

Posted on Nov 20, 2020 by Anne Perry

L Brands Inc. (NYSE:LB) had another record-breaking quarter, which explains why it is exploding up the charts. The sale of personal hygienic products helped offset weakness in the Victoria Secret brand.

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Macy's Inc. (NYSE:M) Troubles Persist In Q4 After Disappointing Q3 Amid COVID-19

Posted on Nov 20, 2020 by Anne Perry

Macy's Inc. (NYSE:M) has sounded warning bells about Q4 given the ever growing risk of Q4. Being a non-essential retailer, the retailer is susceptible of being hit with shutdown orders likely to affect its Q4 operations and results.

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Nio Inc. (NYSE:NIO) Set Sights on Tesla Inc. (NASDAQ:TSLA) After Record EV Deliveries

Posted on Nov 19, 2020 by Anne Perry

Nio is following on Tesla’s footsteps on electric vehicle deliveries. The company had a record breaking quarter on deliveries at the back of a robust Chinese EV market. The company has also set sights on Tesla

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Target Corporation (NYSE:TGT) Explodes As Online Sales Affirm Growth Metrics

Posted on Nov 19, 2020 by Anne Perry

Target Corporation (NYSE:TGT) stock is flying high as invest react to robust digital sales growth. The coampny has since embarked on an investment drive as it seeks to safeguard its prospects on e-commerce.

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Lowe`s Companies Inc. (NYSE:LOW): Earnings Miss Estimates Amid Rising Capital Spending

Posted on Nov 19, 2020 by Anne Perry

Lowe`s Companies Inc. (NYSE:LOW) has embarked on an investment drive as it looks to enhance customer experience in stores. The investments have sparked earnings miss triggering stock sell-off.

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Home Depot Inc. (NYSE:HD) Rallying As Home Renovation Boom Sparks Sales Growth

Posted on Nov 18, 2020 by Anne Perry

A boom in home renovations across the U.S is helping Home Depot Inc. (NYSE:HD) shrug off the effects of COVID-19 conversely fueling sales growth. However a spike in labor costs continues to arouse concerns.

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Kohl's Corporation (NYSE:KSS) Talks Of Dividends As Free Cash Flow Balloons

Posted on Nov 18, 2020 by Anne Perry

Kohl’s is back to growth after feeling the effects of COVID-19. The company plans to resume dividend payments next year, buoyed by the rate of free cash flow growth. The company also continues to execute a new strategic framework.

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Walmart Inc. (NYSE:WMT) Sets Sights On Amazon As Online Sales Explode

Posted on Nov 18, 2020 by Anne Perry

Walmart Inc. (NYSE:WMT) is shrugging the COVID-19 shocks that have curtailed traffic to brick and mortar stores. Online sales growth continues to strengthen the company’s revenue base and long term prospects.

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SmileDirectClub Inc. (NASDAQ:SDC) Bounces Back To Growth As Net Loss Narrows

Posted on Nov 17, 2020 by Anne Perry

SmileDirectClub bounced back to growth in the recent growth. Narrowing net loss affirms impact of controlled growth at the back of cost controls. The company has since set itself up for rapid growth.

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Tyson Foods, Inc. (NYSE:TSN) Facing Uncertainties Even On Bouncing To Revenue Growth In Q4

Posted on Nov 17, 2020 by Anne Perry

The second wave of COVID-19 pandemic threatens to derail the gains that Tyson Foods, Inc. (NYSE:TSN) made in the recent quarter. Rising labor costs and animal feeds costs could take a toll on margins in Q4.

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Dual-Engine Growth Strategy Lifts JOYY Inc. (NASDAQ:YY) Market Sentiments

Posted on Nov 17, 2020 by Anne Perry

JOYY Inc. (NASDAQ:YY) is powering up the charts on investor reacting to a dual engine growth strategy that continues to strengthen the company’s long term prospects. An impressive quarter underscores continued growth heading into year end.

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Palo Alto Networks Inc. (NYSE:PANW): Cloud Security Solutions and Acquisitions Affirm Long-Term Growth

Posted on Nov 16, 2020 by Anne Perry

Palo Alto Networks is flying high COVID-19 Pandemic having triggered demand for its cybersecurity solutions. The company has also turned to acquisitions to strengthen its long term prospects.

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Vipshop Holdings Ltd (NYSE:VIPS) Active Customer Growth Affirms Competitive Edge

Posted on Nov 16, 2020 by Anne Perry

Vipshop Holdings Ltd (NYSE:VIPS) is well-positioned to finish the year on a high after an impressive third quarter. An increase in the number of active customers affirms its competitive edge in the Chinese e-commerce landscape.

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Draftkings Inc. (NASDAQ:DKNG) Staring At Hard Times Amid COVID-19 Disruptions

Posted on Nov 16, 2020 by Anne Perry

Draftkings Inc. (NASDAQ:DKNG) had an impressive third-quarter attributed to a resumption in sporting events. Heading into the year-end, its core business faces great risks amid a spike in coronavirus cases.

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Canopy Growth Corp (NYSE:CGC) Rallying After Crushing Q2

Posted on Nov 12, 2020 by Anne Perry

Canopy Growth Corp (NYSE:CGC) is firing on all cylinders going by its second quarter financial results. Expansion of the product line and into new markets continue to affirm the company’s long term prospects and growth metrics.

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Weibo Corp (NASDAQ:WB) Recovery Gathers Pace As China’s Economy Bounces Back

Posted on Nov 12, 2020 by Anne Perry

Weibo Corp (NASDAQ:WB) prospects are looking increasingly bright in the aftermath of the COVID-19 pandemic. The messaging and content app is seeing increased engagement levels in its networking app.

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Himax Technologies, Inc. (NASDAQ:HIMX) Fundamentally Attractive On improving Display-Driver Circuits Business

Posted on Nov 12, 2020 by Anne Perry

Himax Technologies, Inc. (NASDAQ:HIMX) fundamentals have improved significantly on the reopening of the global economy in the aftermath of COVID-19. Strong demand for display driver circuits affirms long term prospects.

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Co-Diagnostics Inc. (NASDAQ:CODX) Staring At First Ever Annual Profit Amid Revenue Growth

Posted on Nov 11, 2020 by Anne Perry

Co-Diagnostics Inc. (NASDAQ:CODX) is on course to turn in its first ever profit thanks to robust revenue growth. Strong demand for COVID-19 test kits is the catalysts behind the record setting year.

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NetApp Inc. (NASDAQ:NTAP) On Cloud Portfolio Competitive Edge

Posted on Nov 11, 2020 by Anne Perry

NetApp Inc. (NASDAQ:NTAP) has underperformed the market. However, in recent weeks, the stock has shown signs of breaking out on investors taking note of the company’s cloud offerings as well as relations with large cloud providers.

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Vipshop Holdings Ltd (NYSE:VIPS): A Discount Chinese e-commerce Heavyweight

Posted on Nov 11, 2020 by Anne Perry

Vipshop Holdings Ltd (NYSE:VIPS) has affirmed its credentials as one of the biggest players in the burgeoning Chinese e-commerce landscape. Heading into the end year the company remains upbeat of topping estimates amid stiff competition.

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Cyberark Software Ltd (NASDAQ:CYBR) Returns To Growth On Easing COVID-19 Shocks

Posted on Nov 10, 2020 by Anne Perry

Cyberark Software Ltd (NASDAQ:CYBR) bounce back from the COVID-19 disruptions is almost complete. The reopening of the economy with the confirmation of a COVID-19 vaccine continues to revitalize the company’s long-term prospects.

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Vaxart Inc. (NASDAQ:VXRT) Edging lower After Pfizer Inc. (NYSE:PFE) Breakthrough

Posted on Nov 10, 2020 by Anne Perry

Vaxart Inc. (NASDAQ:VXRT) market is under immense pressure even as it continues to work on a coronavirus vaccine. Pfizer confirming its experimental vaccine is 90% effective is the latest blow.

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Riot Blockchain Inc. (NASDAQ:RIOT) A Breakout Play Amid Robust Bitcoin Mining Operations

Posted on Nov 10, 2020 by Anne Perry

Riot Blockchain is looking increasingly bullish after an impressive third-quarter. The company is on course to become the largest low cost Bitcoin miner after an impressive Q3.

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T-Mobile Us Inc. (NASDAQ:TMUS) Reaps Cost Savings After Sprint Merger

Posted on Nov 09, 2020 by Anne Perry

T-Mobile Us Inc. (NASDAQ:TMUS) capped yet another impressive quarter benefiting from Sprint merger. Revenues and earnings topped estimates benefiting from cost efficiencies.

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Yelp Inc. (NYSE:YELP) Returns To Sustainable Growth After Q3 Beat

Posted on Nov 09, 2020 by Anne Perry

Yelp Inc. (NYSE:YELP) is fresh from posting impressive third quarter financial results attributed to resilience of the core business. The company is on course to return to sustainable growth.

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Groupon Inc. (NASDAQ:GRPN) Affirms Progress on Growth Strategy After Disappointing Q3

Posted on Nov 09, 2020 by Anne Perry

Groupon Inc. (NASDAQ:GRPN) has embarked on a growth strategy as it seeks to reinvigorate its growth prospects after a tumultuous 2020 owing to COVID-19 disruptions.

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Aurora Cannabis Inc (NYSE:ACB) Is About To Release Its Q3 2020 Financial Report And The Expectations Are High

Posted on Nov 06, 2020 by Anne Perry

Aurora Cannabis is preparing to announce its financial results for the third quarter of 2020 and analysts already have a positive outlook about the company's quarterly performance. .

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Inovio Pharmaceuticals Inc (NASDAQ:INO) Set To Release Its Q3 Earnings Report But Will It Outperform Its Q2 Figures?

Posted on Nov 06, 2020 by Anne Perry

Inovio Pharmaceuticals Inc (NASDAQ:INO) prepares to announce its latest quarterly earnings and the general census expectation is that it will outperform the Q2 revenue of $0.20 million.

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CVS Health Corp (NYSE:CVS) Is About To Release Its Q3 2020 Financials And Here’s What To Expect

Posted on Nov 06, 2020 by Anne Perry

CVS Health Corp (NYSE:CVS) gears up for its Q3 2020 financial report and analysts are eager to see if it will surpass the $65.3 billion that it reported in Q2 2020.

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ACADIA Pharmaceuticals Inc. (NASDAQ:ACAD) Rallies On Strong Demand For Parkinson Treatment

Posted on Nov 05, 2020 by Anne Perry

ACADIA Pharmaceuticals Inc. (NASDAQ:ACAD) is on the cusp of powering to record highs after an impressive third quarter that affirmed str0ong demand for its lead Parkinson drug

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MannKind Corporation (NASDAQ:MNKD) Fundamentally Attractive On Insulin Drug Sales Growth

Posted on Nov 05, 2020 by Anne Perry

MannKind Corporation (NASDAQ:MNKD) a fundamentally attractive investment as insulin product continues to elicit strong interest from physicians and patients

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Match Group Inc. (NASDAQ:MTCH) Shrugs COVID-19 Shocks Affirms Long Term Prospects

Posted on Nov 05, 2020 by Anne Perry

Match Group Inc. (NASDAQ:MTCH) ended the third quarter on a roll, registering new user growth in its flagship dating apps. Revenue and earnings growth affirm underlying growth.

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Comcast Corporation (NASDAQ:CMCSA) Partners Walmart Inc. (NYSE:WMT) On Smart TVs

Posted on Nov 04, 2020 by Anne Perry

Comcast Corporation (NASDAQ:CMCSA) has inked a strategic partnership with Walmart for the distribution of smart TVs. The smart TVs will come with Comcast software and Walmart branding.

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AT&T Inc. (NYSE:T) Plans Pay-Tv Asset Divestment

Posted on Nov 04, 2020 by Anne Perry

AT&T Inc. (NYSE:T) is in the process of divesting minority stakes in its legacy TV business as it loosk to raise to trim its debt.

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Walmart Inc. (NYSE:WMT) Ends Bossa Nova Ties To Focus On Online Sales

Posted on Nov 04, 2020 by Anne Perry

Walmart Inc. (NYSE:WMT) has severed ties with robotic firm Bossa Nova. The retail giant will reportedly rely on workers to enhance restocking of shelves

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Walmart Inc. (NYSE:WMT) Severs Ties With Robotics Firm Bossa Nova

Posted on Nov 03, 2020 by Anne Perry

Walmart Inc. (NYSE:WMT) has ended close ties with robotics and automation startup Bossa Nova. The decision throws Bossa Nova future into doubts having already started laying off staff.

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This Is Why Burger King Wants You To Order From McDonald’s Corp (NYSE:MCD)

Posted on Nov 03, 2020 by Anne Perry

Faced with an uncertain future amid the COVID-19 pandemic, Burger King is urging people to order food from rivals to protect thousands of jobs

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Paypal Holdings Inc. (NASDAQ:PYPL) Plots Robust Cryptocurrency Use

Posted on Nov 03, 2020 by Anne Perry

PayPal Holdings Inc. (NASDAQ:PYPL) has set sights on cryptocurrency integration. The company intends to make it easy for people to pay for goods and services using crypto holdings.

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Johnson & Johnson (NYSE:JNJ) Targets Kids In COVID-19 Vaccine Trials

Posted on Nov 02, 2020 by Anne Perry

Johnson & Johnson (NYSE:JNJ) has resumed clinical trials of its COVID-19 vaccine. The company is looking to test the vaccine in kids.

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Dunkin Brands Group Inc. (NASDAQ:DNKN) To merge With Inspire Brands in $8.76 Billion Deal

Posted on Nov 02, 2020 by Anne Perry

Dunkin Brands Group Inc. (NASDAQ:DNKN) is being acquired in a deal that values it at $8.76 billion. The acquisition comes as the company tries to navigate COVID-19 Shocks.

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Netflix Inc. (NASDAQ:NFLX) Affirms Competitive Edge With Price Hikes

Posted on Nov 02, 2020 by Anne Perry

Netflix Inc. (NASDAQ:NFLX) has resorted to price hikes to counter slow growth on new subscriber additions. The hikes come’s amid surging competition.

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What Is Dow Jones Industrial Average? Why Does It Matter?

Posted on Oct 30, 2020 by Anne Perry

Dow Jones Industrial average is a popular and one of the most followed stock market indices. Why does it matter?

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Tiffany & Co. (NYSE:TIF) Agrees To A Discounted LVMH Takeover Deal

Posted on Oct 29, 2020 by Anne Perry

Tiffany has reached a deal to be acquired by LVMH consequently ending a year long standoff. The value of the new deal is $425 million less than the original deal.

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T-Mobile Us Inc. (NASDAQ:TMUS) Ramps Up 5G Network Coverage

Posted on Oct 29, 2020 by Anne Perry

T-Mobile Us Inc. (NASDAQ:TMUS) has doubled down on the number of cities and towns that can access its low and mid-band 5G network.

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Ford Motor Company (NYSE:F) Reports Stellar Q3 Results Amid Bronco SUV Reservations Surge

Posted on Oct 29, 2020 by Anne Perry

Ford Motor Company (NYSE:F) is turning the page depicted by a strong third-quarter. Reservation for the much-awaited Bronco SUV is also on the rise.

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Microsoft Corporation (NASDAQ:MSFT) Under Pressure Amid Weak Q2 Guidance

Posted on Oct 28, 2020 by Anne Perry

Microsoft Corporation (NASDAQ:MSFT) stock came under pressure as the company reported impressive first-quarter results followed by a disappointing revenue guidance for the second quarter.

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Daimler Partners Alphabet Inc. (NASDAQ:GOOGL)’s Waymo On Self-Driving Trucks

Posted on Oct 28, 2020 by Anne Perry

Daimler has inked a strategic partnership to leverage Waymo’s self-driving technology in its truck. The two are to work together in coming up with trucks equipped with level 4 autonomous technology.

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Pfizer Inc. (NYSE:PFE) COVID-19 Vaccine Offsets Disappointing Q3 Results

Posted on Oct 28, 2020 by Anne Perry

Pfizer Inc. (NYSE:PFE) COVID-19 vaccine program is going on well, the company has enrolled a significant number of people for Phase 3 trials. The program is helping shrug off concerns over a disappointing third-quarter.

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Dunkin Brands Group Inc (NASDAQ:DNKN) In Acquisition Talks With Private Equity Firm Inspire Brands

Posted on Oct 27, 2020 by Anne Perry

Inspire Brands is reportedly planning to acquire Dunkin Brands Group

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Eli Lilly And Co (NYSE:LLY) Wraps Up Its Antibody COVID19 Trial After Unfavorable Results

Posted on Oct 27, 2020 by Anne Perry

Eli Lilly and Co (NYSE:LLY) has announced that it will be dropping its antibody COVID19 trial after failing to observe significant benefits.

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AstraZeneca plc (NASDAQ:AZN) And Johnson & Johnson (NYSE:JNJ) Set To Continue Their COVID19 Vaccine Trial After Pausing Due To A Safety Event

Posted on Oct 27, 2020 by Anne Perry

AstraZeneca and Johnson & Johnson are planning to resume the clinical trials for their COVID-19 vaccine candidate after previously putting it on hold due to adverse effects involving one patient.

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PayPal Holdings Inc. (NASDAQ:PYPL) Staring At $50 Billion Cryptocurrency Opportunity

Posted on Oct 26, 2020 by Anne Perry

The unveiling of a cryptocurrency service on PayPal is poised to accelerate mainstream adoption. The new service could handle $50 billion worth of crypto transactions.

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Alphabet Inc. (NASDAQ:GOOGL) And Apple Inc. (NASDAQ:AAPL) Multibillion Search Partnership In Jeopardy

Posted on Oct 26, 2020 by Anne Perry

The U.S Justice Department is suing search giant Google over what it claims as illegal use of monopoly in search. The lawsuit threatens to affect the company's strategic partnership with Apple as well as future search partnerships.

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Coca-Cola Co (NYSE:KO) European Bottler Tables $6.6 Billion Takeover Bid For Australian Partner

Posted on Oct 26, 2020 by Anne Perry

Coca-Cola Co (NYSE:KO) European Bottler is taking advantage of suppressed valuation levels in the aftermath of the COVID-19 pandemic. The company has confirmed plans to acquire its Australian Partner Coca-Cola Amatil.

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Uber Technologies Inc. (NYSE:UBER) & LYFT Inc. (NASDAQ:LYFT)’s Operations in California In Jeopardy

Posted on Oct 23, 2020 by Anne Perry

Uber and Lyft stalemate over the classification of drivers is headed to the Supreme court. An appeals court has ruled that the companies must adhere to a trial judge's preliminary injunction.

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Gap Inc. (NYSE:GPS) Explodes On Touting e-Commerce Ambitions

Posted on Oct 23, 2020 by Anne Perry

Gap Inc. (NYSE:GPS) stock receives all the love on Wall Street after announcing plans to trim the brick and mortar retail business. The company is trimming its store footprint as it shifts focus to e-commerce.

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Walmart Inc. (NYSE:WMT) Sues Federal Government Over Opioids Allegations

Posted on Oct 23, 2020 by Anne Perry

Walmart Inc. (NYSE:WMT) has lodged a lawsuit against the federal government over claims its pharmacist are fuelling the opioid crisis. The retailer insists its pharmacists only fill orders on following DEA-licensed doctor's prescriptions.

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Netflix Inc. (NASDAQ:NFLX) Stock Shed $13 Billion After Disappointing Q3

Posted on Oct 22, 2020 by Anne Perry

Netflix shares fell 6% after the company reported disappointing third-quarter financial results that fell short of analysts' expectations.

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PayPal Holdings Inc. (NASDAQ:PYPL) To Add Support For Cryptocurrencies

Posted on Oct 22, 2020 by Anne Perry

PayPal will soon allow people to hold, buy, and sell cryptocurrencies on its platform. The payment giant has secured a conditional license in the U.S as it also seeks to make service available worldwide.

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Nikola Corporation (NASDAQ:NKLA) Rallies 12% As General Motors Company (NYSE:GM) Affirms $2 Billion Deal

Posted on Oct 22, 2020 by Anne Perry

Nikola shares explode on huge volume after General Motors hinted it is not planning to pull the plug on a $2 billion investment pact.

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General Motors Invests $2 Billion To Accelerate Electric Cars Development

Posted on Oct 21, 2020 by Anne Perry

Concerned with growing competition in the development of electric cars, General Motors is investing $2 billion in one of its plants. The investment should make the plant well suited to develop electric cars.

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QUALCOMM, Inc. (NASDAQ:QCOM) Sets Sights On $8 Billion 5G Infrastructure Market

Posted on Oct 21, 2020 by Anne Perry

QUALCOMM, Inc. (NASDAQ:QCOM) is in pursuit of growth opportunities in the 5G infrastructure market. The company has unveiled a slate of chips and software products that it hopes will allow it to gain a share in the $8 billion market.

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Alphabet Inc. (NASDAQ:GOOGL) Hit With Massive DOJ Lawsuit For Protecting Monopoly

Posted on Oct 21, 2020 by Anne Perry

Alphabet Inc. Class A (NASDAQ:GOOGL) is facing one of the biggest antitrust lawsuits in recent history over its advertising business and search business monopoly. The company could incur a massive fine or forced to change how it operates.

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Intel Corporation (NASDAQ:INTC) Divesting NAND Memory Business For $9 billion

Posted on Oct 20, 2020 by Anne Perry

Intel Corporation (NASDAQ:INTC) is divesting its NAND memory chip business as it looks to focus on its core business. The sale will propel South Korean SK Hynix to top of the list with the $9 billion acquisition.

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ConocoPhillips (NYSE:COP) Strengthens Permian Basin Footprint With Concho Resources Inc. (NYSE:CXO) Acquisition

Posted on Oct 20, 2020 by Anne Perry

ConocoPhillips (NYSE: COP) has moved to strengthen its presence in the Permian basin with the acquisition of Concho Resources. The acquisition comes amid a surge in consolidation in the energy industry.

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General Motors Company (NYSE:GM) Ramps Up Investments To Enhance Electric Cars Production

Posted on Oct 20, 2020 by Anne Perry

General Motors Company (NYSE:GM) is ramping up investments as it seeks to enhance development of electric cars. The company is restructuring and retooling a number of plants as it seeks to ramp up production to keep up with demand and competition.

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Pfizer Inc. (NYSE:PFE) Touts COVID-19 Vaccine Production Line

Posted on Oct 19, 2020 by Anne Perry

Pfizer Inc. (NYSE:PFE) has touted a video showing the production of a coronavirus vaccine. The company is looking to unveil its vaccine before the end of the year after successful trials.

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Alibaba Group Holding Ltd (NYSE:BABA) Strengthens e-Commerce Empire With Sun Art Retail Acquisition

Posted on Oct 19, 2020 by Anne Perry

Alibaba Group Holding Ltd (NYSE:BABA) has moved to strengthen its e-commerce empire by acquiring a majority stake in hypermarket operator Sun Art Retail. The company is looking to digitize most of the shops.

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Facebook, Inc. (NASDAQ:FB)’s Crackdown On Misleading Posts Intensifies

Posted on Oct 19, 2020 by Anne Perry

Facebook, Inc. (NASDAQ:FB) has ramped up its crackdown on misleading posts on the flagship app and Instagram ahead of the November 3 election. In addition, the company is to block ads one week to the election.

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Amazon.com, Inc. (NASDAQ:AMZN) Expands In New York Acquires New Warehouse

Posted on Oct 16, 2020 by Anne Perry

Amazon.com, Inc. (NASDAQ:AMZN) has moved to enhance its logistical operations n the New York metro area with the acquisition of a third warehouse in Staten Island. The acquisition brings to three the number of the company’s warehouse in the area.

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United Airlines Holdings Inc. (NASDAQ:UAL) Posts $1.8 Billion Loss Amid Slow Recovery Warning

Posted on Oct 16, 2020 by Anne Perry

The travel industry is not expected to bounce back to pre-corona levels until 2024. United Airlines CEO has warned of further slowdown amid the COVID-19 pandemic. more

General Motors (NYSE:GM)’s Cruise Secures Permits For Autonomous Car Testing

Posted on Oct 16, 2020 by Anne Perry

General Motors (NYSE:GM)’s Cruise has secured a permit to start testing its self-driving cars without backup drivers in California.

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No Alarm As Eli Lilly And Co (NYSE:LLY) Suspends Coronavirus Treatment Trials

Posted on Oct 14, 2020 by Anne Perry

Eli Lilly And Co (NYSE:LLY) has been forced to suspend clinical trials on its proposed coronavirus treatment. However there is no Cause for alarm according to experts.

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Microsoft Corporation (NASDAQ:MSFT) Takes Down Trickbot Servers

Posted on Oct 14, 2020 by Anne Perry

Microsoft Corporation (NASDAQ:MSFT) has launched massive operations to take down all the servers taken by havoc, causing Trickbot malware. The operation is part of the company's push to protect the integrity of the upcoming elections. more

Alphabet Inc. (NASDAQ:GOOGL) Unveils Security Model For Remote Working Environment

Posted on Oct 14, 2020 by Anne Perry

Alphabet Inc. (NASDAQ:GOOGL) has moved toe enhance and ensure security of remote working environment. The company has unveiled a new security model that takes authorization to another level.

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Johnson & Johnson (NYSE:JNJ) Suspends Phase 3 Coronavirus Vaccine Trials

Posted on Oct 13, 2020 by Anne Perry

Johnson & Johnson (NYSE:JNJ) has stumbled on the development of its novel coronavirus vaccine. One of the participants in Phase 3 trials has developed an unknown illness prompting halting of the trials.

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Abbott Laboratories (NYSE:ABT) Unveils New Coronavirus Antibody Test

Posted on Oct 13, 2020 by Anne Perry

Abbott Laboratories has secured regulatory approval for a new coronavirus antibody test. The company now has seven coronavirus test that have secured regulatory approval.

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Microsoft (NASDAQ:MSFT) Takes Aim At Russian Backed Trickbot

Posted on Oct 13, 2020 by Anne Perry

Microsoft Corporation (NASDAQ:MSFT) us ramping up efforts to dismantle havoc, causing botnet to take the world by storm. Trickbot, believed to be the work of Russian operatives, has already interfered with a number of systems.

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Alphabet Inc. (NASDAQ:GOOGL) Converting YouTube To An e-Commerce Platform

Posted on Oct 12, 2020 by Anne Perry

Alphabet Inc. (NASDAQ:GOOGL) is planning to enhance YouTube revenue-generating capability. The tech giant is planning to introduce a new feature that allows people to buy items on watching videos on the platform.

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Choosing The Best Video Streaming Stick

Posted on Oct 12, 2020 by Anne Perry

Video streaming sticks are increasingly taking over as preferred means of streaming content. There small size means they are portable and highly convenient for people constantly on the go.

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Best Buy Co Inc. (NYSE:BBY) Unveils Black Friday Deals

Posted on Oct 12, 2020 by Anne Perry

Best Buy Co Inc. (NYSE:BBY) has set sights on Amazon with early Black Friday Deals. The company arsenal of deals will include highly discounted TV sets, laptops, among other items.

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IBM (NYSE:IBM) Spinning Off Infrastructure Unit To Focus On Hybrid Cloud

Posted on Oct 09, 2020 by Anne Perry

Microsoft is spinning of its infrastructure service segment after years of slow growth. The tech giant intends to focus on hybrid growth, an area with tremendous opportunities for growth.

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Microsoft Partners GameStop To Sell Xbox All Access In More Than 5k Locations

Posted on Oct 09, 2020 by Anne Perry

Microsoft Corporation (NASDAQ:MSFT) and GameStop have inked a strategic partnership that allows the latter to leverage the former cloud solutions. GameStop is to leverage the partnership to create an ultimate gaming destination.

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Advanced Micro Devices, Inc. (NASDAQ:AMD) Eyes Xilinx To Counter Intel and Nvidia Threat

Posted on Oct 09, 2020 by Anne Perry

Advanced Micro Devices, Inc. (NASDAQ:AMD) has set sights on Nvidia and Intel in the race for market share in the data center chip business. The company is in advanced talk to acquire Xilinx as it looks to strengthen its arsenal of chips for data centers.

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Rite Aid Corporation (NYSE:RAD) Acquires Seattle Bartell Drugs For $95 Million

Posted on Oct 08, 2020 by Anne Perry

Rite Aid Corporation (NYSE:RAD) is expanding its footprint in Seattle with 130-year old Bartell Drugs. The deal comes following a botched merger with Walgreen

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Sirius XM Holdings Inc. (NASDAQ:SIRI) Considering A $120 Million Deal For Radio Host Howard Stern

Posted on Oct 08, 2020 by Anne Perry

Sirius XM Holdings Inc. (NASDAQ:SIRI) is opened to extending the contract of radio host jock Howard Stern. A new contract could mean more money for the popular radio host, indicating that Stern could earn as much as $120 million.

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Facebook Inc. (NASADQ:FB) Bans QAnon Posts And Pages

Posted on Oct 08, 2020 by Anne Perry

Facebook Inc. (NASDAQ:FB) has pulled the plug on posts and Pages belonging to conspiracy theory group QAnon. The move comes amid concerns that the pages and groups are being used to fuel violence.

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Walmart Inc. (NYSE:WMT) Ventures Into Offering Medicare Insurance Plans

Posted on Oct 07, 2020 by Anne Perry

Walmart Inc. (NYSE:WMT) has set out to make it easy for people around the U.S to enroll for Medicare Insurance Plans. Under Walmart Insurance Service, people should feel confident selecting preferred plans.

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Democrats Propose Changes To Anti-Trust Laws To Curb Facebook, Apple, Google, And Amazon Powers

Posted on Oct 07, 2020 by Anne Perry

A new democratic staff report calls for significant changes to U.S anti-trust laws. The changes, if implemented, could affect how big tech companies operate.

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Moderna Inc. (NASDAQ:MRNA) Coronavirus Vaccine Trials Slow

Posted on Oct 07, 2020 by Anne Perry

Moderna Inc. (NASDAQ:MRNA) is struggling to enroll a good number of trial participants as part of its COVID-19 vaccine trials. Contractors are yet to enroll the recommended number of trial participants from minority groups.

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NVIDIA Corporation (NASDAQ:NVDA) Touts $52 Million U.K Supercomputer

Posted on Oct 06, 2020 by Anne Perry

NVIDIA Corporation (NASDAQ:NVDA) is building a $52 million supercomputer in England that is to be used for healthcare research purposes. The company is also pushing forth with plans to acquire British chipmaker Arm.

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Toyota Motor Corp (NYSE:TM) Partners Hino For A Fuel Cell Semi-Truck

Posted on Oct 06, 2020 by Anne Perry

Toyota Motor Corp (NYSE:TM) has partnered Hino to accelerate the development of its fuel cell semi-truck. The two intend to unveil the truck early next year as Nikola struggles to validate its fuel cell technology.

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Cisco Systems, Inc. (NASDAQ:CSCO) Ordered To Pay $1.9 Billion Over Cybersecurity Patent Infringement

Posted on Oct 06, 2020 by Anne Perry

Cisco Systems, Inc. (NASDAQ:CSCO) has been ordered to pay $1.9 billion to settle claims it willfully used Centripetal Network Patents without permission. The networking giant says it will appeal the ruling.

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Uber Technologies Inc (NYSE:UBER) Seals $500 Million Investment For Logistics Arm Uber Freight

Posted on Oct 05, 2020 by Anne Perry

Uber Technologies Inc (NYSE:UBER) has inked a $500 million investment deal for its logistics arm Uber Freight. The financing should enhance the unit’s expansion plans that has so far fueled revenue growth.

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Walmart Inc. (NYSE:WMT) Offloads Majority Stake in U.K’s Asda

Posted on Oct 05, 2020 by Anne Perry

Walmart Inc. (NYSE:WMT) has trimmed its stakes in U.K retail chain Asda. The sale of stakes worth $8.8 billion leaves the U.S retail behemoth with a minority stake as it continues to trim exposure to the European market.

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Alibaba Group Holding Ltd (NYSE:BABA) Needs New Markets To Sustain Growth levels

Posted on Oct 02, 2020 by Anne Perry

Alibaba Group Holding Ltd (NYSE:BABA) has grown to become a force to reckon with thanks to its focus on China and southeast Asia. With growth levels in the market slowing down, the company might have to look elsewhere for growth opportunities.

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Alphabet Inc. Class (NASDAQ:GOOGL) Sets Sights On iPhone With New 5G Pixel Phones

Posted on Oct 02, 2020 by Anne Perry

Alphabet Inc. Class (NASDAQ:GOOGL) has unveiled two new smartphone’s as it once again looks to battle Apple for market share in the lucrative business. The 5G Pixel smartphones are priced a hundred dollar less as the company seeks to fend off competition.

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Amazon.com, Inc. (NASDAQ:AMZN) Banks On Amazon One To Enhance Biometric identification

Posted on Oct 02, 2020 by Anne Perry

Amazon.com, Inc. (NASDAQ:AMZN) has unveiled a new identification system that scans the hands' palm to identify people. Amazon One is the new system being configured to be expended beyond payments.

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Caesars Entertainment Inc. (NASDAQ:CZR) Acquiring William Hill for $3.7 Billion

Posted on Oct 01, 2020 by Anne Perry

U.S CASINO GIANT Caesars has moved to strengthen its gambling empire by acquiring U.K gambling giant William Hill. The company is paying $3.7 billion to gain access to William hill assets and operations.

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Walmart Inc. (NYSE:WMT) Unveils New Store Design to Ensure Social Distancing

Posted on Oct 01, 2020 by Anne Perry

Walmart Inc. (NYSE:WMT) is redesigning its retail outlets as it looks to enhance shopping experience amid the COVID-19 pandemic. The new design will feature in more than 90 stores before the end of the year and 1000 by the end of next fiscal year.

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Facebook Inc. (NASDAQ:FB) Bans Election Victory Ads Ahead Of Official Announcement

Posted on Oct 01, 2020 by Anne Perry

Facebook Inc. (NASDAQ:FB) has once again tightened the grip on the kind of ads that can be aired on its flagship networking app. The company has banned the airing of ads that claim victory. It will also not air any political ads, seven days to the election.

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Amazon.com, Inc. (NASDAQ:AMZN) Robots Spark Safety Concerns In Fulfillment Centers

Posted on Sep 30, 2020 by Anne Perry

Amazon.com, Inc. (NASDAQ:AMZN) is at pains to defend continued automation of fulfillment centers to enhance sorting of items. A surge in work-related injuries some serious is a point of concern.

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NVIDIA Corporation (NASDAQ:NVDA) Partners VMware, Inc. (NYSE:VMW) To Enhance Data Center Prospects

Posted on Sep 30, 2020 by Anne Perry

NVIDIA Corporation (NASDAQ:NVDA) has inked a strategic partnership that will integrate VMware software in its AI chips. The partnership should help enhance the company's data center powering ambitions.

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Ford Motor Company (NYSE:F) Slashes EV Prices Amid Competition Concerns

Posted on Sep 30, 2020 by Anne Perry

Ford Motor Company (NYSE:F) has trimmed prices of its much-awaited Ford Mustang. The discount is part of the company's push to weather stiff competition from other EV players.

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Roku Inc (NASDAQ:ROKU) Recently Rolled Out Wireless Speakers And They Are A Critical Component To Its Master Plan

Posted on Sep 29, 2020 by Anne Perry

Roku Inc (NASDAQ:ROKU) recently unveiled its Roku speakers but the reveal highlights a strategy that the company has been working on. It involves taking more control of the home entertainment segment.

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Delta Air Lines, Inc. (NYSE:DAL) And Other U.S Airlines Are Experiencing A Surge In Their Share Price And Here’s Why

Posted on Sep 29, 2020 by Anne Perry

The airline industry has kicked off this week on an upbeat mood after the introduction of a bill that seeks for the government to provide a stimulus package for the airline industry.

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Uber Technologies Inc (NYSE:UBER) To Resume Operations In London After Judge Approves License

Posted on Sep 29, 2020 by Anne Perry

Uber Technologies Inc (NYSE:UBER) secures a new license to resume its operations in London after a judicial ruling decided that it has implemented the right measures to protect users.

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Tesla Inc (NASDAQ:TSLA) Flips The Script Over Nikola Corporation (NASDAQ:NKLA) In A Sudden Twist Of Events Relating To Patent Lawsuit

Posted on Sep 25, 2020 by Anne Perry

Tesla Inc (NASDAQ:TSLA) and Nikola continue to battle it out over patent rights to the truck design and Tesla's latest counterclaim seeks to challenge the legitimacy of the patent.

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Microsoft Corporation (NASDAQ:MSFT) To Boost Its Cloud Offerings Through Azure Sphere And Azure Orbital

Posted on Sep 25, 2020 by Anne Perry

Microsoft Corporation (NASDAQ:MSFT) to give Amazon Web Services a run for its money through Azure Orbital and Azure Sphere.

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A Group Of App Makers Are Forming A Coalition To Protest And Rival Apple Inc. (NASDAQ:AAPL) And Alphabet Inc Class C (NASDAQ:GOOG)

Posted on Sep 25, 2020 by Anne Perry

Apple Inc. (NASDAQ:AAPL) and Google’s unfavorable app policies have forced developers to forge a coalition through which they will form a non-profit app gallery, and it could be the move that Huawei needs to pull a fast one over its rivals.

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Amazon.com, Inc. (NASDAQ:AMZN) Rolls Out New Offerings Including New Ring-Branded Devices And Amazon Luna Streaming Platform

Posted on Sep 25, 2020 by Anne Perry

Amazon.com, Inc. (NASDAQ:AMZN) has announced its new services, including Ring-branded services and, more excitedly, the rollout of its new online gaming service, which it believes has a lot of potential.

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Tesla Inc (NASDAQ:TSLA) To Target The Mass Market With An Affordable Electric Car That Will Cost $25,000

Posted on Sep 24, 2020 by Anne Perry

Tesla Inc (NASDAQ:TSLA) plans to target the mass market for affordable electric cars with the launch of a new electric vehicle that is priced very competitively with ICE mass-produced cars that are also affordably priced.

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Johnson & Johnson (NYSE:JNJ) Kicks Off Phase 3 clinical Trials For Its Coronavirus Vaccine Candidate

Posted on Sep 24, 2020 by Anne Perry

Johnson & Johnson (NYSE:JNJ) has announced the commencement of phase 3 clinical trials for its developmental COVID-19 vaccine which adds to the hope for a vaccine that can be rolled out in the next few months.

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Intel Corporation (NASDAQ:INTC) Refuses To Bow To Pressure Amid Heavy Competition And Here’s How It Intends To Maintain Its Lead In The Processor Industry

Posted on Sep 23, 2020 by Anne Perry

Intel Corporation (NASDAQ:INTC) rolls out new CPUs and GPU through which it hopes to take on the heavy competition from its rivals.

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Ford Motor Company (NYSE:F) And Canada’s Government And Canadian Autoworkers Sign Mutually Favorable Labor Agreement

Posted on Sep 23, 2020 by Anne Perry

Ford Motor Company (NYSE:F) and Canada's autoworkers union agree on an electric vehicle manufacturing deal with the help of the Canadian government.

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LYFT Inc (NASDAQ:LYFT) And Uber Technologies Inc (NYSE:UBER) Might Benefit From The Labor Department’s Proposed Labor Rule

Posted on Sep 23, 2020 by Anne Perry

Newly proposed labor rule may allow companies like Uber Technologies Inc (NYSE:UBER) and LYFT Inc (NASDAQ:LYFT) to take advantage since they will not be required by law to provide minimum wage and other benefits.

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NVidia Wants To Overthrow Intel Corporation (NASDAQ:INTC) From Its Dominant Position In The Processor Industry

Posted on Sep 22, 2020 by Anne Perry

NVidia wants to take on Intel Corporation (NASDAQ:INTC) in the computer chip segment and it aims to do so through the recently announced acquisition of ARM.

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Microsoft Corporation (NASDAQ:MSFT) Acquires Bethesda Owner ZeniMax Media For $7.5 billion

Posted on Sep 22, 2020 by Anne Perry

Microsoft Corporation (NASDAQ:MSFT) acquires Bethesda in a move that highlights its roadmap for the new generation console.

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Roku Inc (NASDAQ:ROKU) Stock Rallies After The Addition Of NBC’s Peacock On Its Streaming Lineup

Posted on Sep 22, 2020 by Anne Perry

Roku Inc (NASDAQ:ROKU) finally adds NBC Universal’s Peacock streaming service after lengthy negotiations that had previously resulted in a stalemate due to revenue sharing disagreements.

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Facebook, Inc. Common Stock (NASDAQ:FB) Faces Lawsuit For Allegedly Spying On Instagram Users Even When Cameras Are Off

Posted on Sep 21, 2020 by Anne Perry

Facebook, Inc. Common Stock (NASDAQ:FB) is once again facing accusations involving the wrongful acquisition of user data. This time the social media giant has been accused of using the collecting data from Instagram users through their phone cameras.

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AstraZeneca plc (NYSE:AZN) Faces Pressure Over The Safety Of Vaccine Data

Posted on Sep 21, 2020 by Anne Perry

AstraZeneca plc (NYSE:AZN) is facing strong backlash from observers after its developmental coronavirus vaccine resulted in severe adverse effects in two patients. The company has been accused of withholding some of the clinical trial information.

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Eli Lilly And Co (NYSE:LLY) And Amgen, Inc. (NASDAQ:AMGN) Sign Manufacturing Partnership For COVID-19 Treatments

Posted on Sep 18, 2020 by Anne Perry

Eli Lilly And Co (NYSE:LLY) and Amgen, Inc. (NASDAQ:AMGN) have entered into an agreement that will help boost the production capacity of an antibody-based treatment for COVID-19.

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TikTok Eyes IPO That It will Go Through Once Oracle Corporation (NYSE:ORCL) Deal Receives Greenlight

Posted on Sep 18, 2020 by Anne Perry

The U.S government is reviewing TikTok’s deal with Oracle Corporation (NYSE:ORCL) and a possible IPO might be on the way depending on how things will turn out.

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Facebook Business Suite For Small Business Arouse Antitrust Concerns

Posted on Sep 18, 2020 by Anne Perry

Facebook Inc. (NASADQ:FB) has unveiled a new app, Facebook Business Suite, designed to make it easy for businesses to manage their profiles and pages on Instagram Messenger and WhatsApp from one platform.

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Eli Lilly And Co (NYSE:LLY) Observes LY-CoV555 Antibody’s Ability To Combat COVID-19

Posted on Sep 17, 2020 by Anne Perry

Eli Lilly And Co (NYSE:LLY) Eli Lilly reports favorable findings from its antibody called LY-CoV555 to combat COVID-19.

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Amazon.com, Inc. (NASDAQ:AMZN) Reveals Plan To Set Up 1,000 Warehouses In Major Neighborhoods

Posted on Sep 17, 2020 by Anne Perry

Amazon.com, Inc. (NASDAQ:AMZN) recently rolled out a plan to take up more office space, hire more people, and now the company is planning to create warehouses within suburban areas to achieve more efficiency.

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AT&T Inc. (NYSE:T) Is Considering Lower-priced Mobile Plans But There Is A Catch

Posted on Sep 16, 2020 by Anne Perry

AT&T Inc. (NYSE:T) customers might soon get cheaper mobile plans but they might have to watch more ads for it to be possible.

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AstraZeneca plc (NYSE:AZN) Resumes Coronavirus Vaccine Trials After Facing Unanticipated Obstacle

Posted on Sep 16, 2020 by Anne Perry

AstraZeneca plc (NYSE:AZN) and Oxford had to temporarily halt their coronavirus vaccine trials after a subject suffered a severe reaction in the UK but the two have resumed the vaccine development activities.

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Pfizer Inc. (NYSE: PFE) Might Roll Out Its Developmental COVID-19 Vaccine Sooner Than Expected

Posted on Sep 16, 2020 by Anne Perry

Pfizer Inc. (NYSE: PFE) is one of the pharmaceutical companies that have been developing a COVID-19 vaccine to combat the ongoing pandemic. The company has been making progress that might see its vaccine in the market before the end of the year.

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Google Faces Pressure From Regulators Over Digital Advertising Dominance

Posted on Sep 16, 2020 by Anne Perry

Alphabet Inc Class A (NASDAQ:GOOGL) is once again the center of controversy over anti-competitive or antitrust issues with the authorities due to its dominance over the digital advertising segment.

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Oracle Corporation (NYSE: ORCL) Beats Microsoft Corporation (NASDAQ: MSFT) To Win Tiktok Bid

Posted on Sep 14, 2020 by Anne Perry

Microsoft Corporation (NASDAQ: MSFT) lost bid to partner with TikTok to rival software giant Oracle Corporation (NYSE: ORCL). The Trump administration argues that the app can be used to spy on U.S citizens or even collect personal data, thus posing a threat to national security. TikTok stated that its data centers are located outside China and that its data is not affected by Chinese laws.

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NVIDIA Corporation (NASDAQ: NVDA) Might Be Aiming To Solidify Its Lead Over Rivals Through ARM Acquisition

Posted on Sep 14, 2020 by Anne Perry

NVIDIA Corporation (NASDAQ: NVDA) has been in the spotlight for the past two or so weeks for all the right reasons. First, it was the launch of its latest generation of extremely powerful GPUs and now it has been announced that the company has secured a deal to acquire popular chipmaker, ARM Holdings which is based in the UK.

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Beyond Meat Inc (NASDAQ: BYND) Surges Ahead with Splash into Chinese Market Despite Pandemic Odds

Posted on Sep 11, 2020 by Anne Perry

Los Angeles based company Beyond Meat Inc (NASDAQ: BYND) is trudging on towards expanding into China even in times of caution and economic grind-halt such as now. The very lucrative opportunity to move into a large and as vast market as China was too good an opportunity to turn down. Beyond Meat are establishing two manufacturing plants that will be hitting the road in churning out products from as early as the beginning period of the coming year.

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LVMH Prepared to Defend Themselves Vehemently and Sue Tiffany & Co

Posted on Sep 11, 2020 by Anne Perry

French luxury goods industry giant LVMH has stated that they will take legal action and sue Tiffany & Co, citing some unethical conduct in the proposed deal and poor management during pandemic throes. This comes a short while after Tiffany & Co had filed a lawsuit to sue the French conglomerate on the grounds of them stalling on the takeover deal, which went against their initial agreement. LVMH offered a press release statement on their official website concerning the matter.

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Ciena Corporation (NASDAQ:CIEN) Reveals Surprising Vulnerability with Ugly Guidance

Posted on Sep 09, 2020 by Anne Perry

Ciena Corporation (NASDAQ:CIEN)  isn’t one of those surprisingly positive technology performance stories. But the world seems to have been expecting just that. Coming into the report several days ago,
the story was all about how Ciena, the telecom/networking equipment company, might be benefitting from higher demand for bandwidth as people work and learn from home. Ciena has talked about the fact that the pandemic has accelerated the flight to quality suppliers, like itself, with competitors short on scale,
supply chain, and balance sheet by comparison, leaving the company free to dominate the space.However, that story has changed dramatically for the worse. And the action in the stock shows the result,with shares getting torched in response.


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Nikola Shares Soar By More Than 50% After Selling 11% Of Its Shares To General Motors

Posted on Sep 08, 2020 by Anne Perry

Nikola investors were off to pleasant news on Tuesday after the company’s shares enjoyed a strong bullish rally in which they gained by more than 50%.

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HP Inc (NYSE:HPQ) Surprises the Skeptics with Strong Q3 Numbers

Posted on Sep 01, 2020 by Anne Perry

HP Inc (NYSE:HPQ) and its subsidiaries, late last week, announced fiscal 2020 third quarter net revenue of $14.3 billion, down 2.1% (down 0.2% in constant currency) from the prior-year period. While the company isn't entirely hitting all the notes, eLearning trends and the remote working dynamic driven by the pandemic health crisis are acting as much needed catalysts for HPQ in recent months. The printing segment, as expected, continues to be a drag, but HPQ's outlook for gradually improving results offers a glimmer of hope.

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KB Home (NYSE:KBH) Fails to Execute During Critical Quarter

Posted on Jul 01, 2020 by StockEarnings Staff

KB Home (NYSE:KBH) reported strong gross margins. Unfortunately, nothing else reported could be called “strong”. It was a comprehensive disappointment. Orders plummeted. Cancellations took off. Both dynamics largely reflected “the Company's proactive efforts to assure a backlog of qualified home buyers amid the unprecedented nationwide economic and employment disruptions resulting from the pandemic". In other words, people were less inclined to make a major purchase, and of those to whom that statement doesn’t apply, the company was less likely to work with them without more assurances of qualified credit standing. However, the company also failed to execute relative to peers according to our analysis.

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Nike Inc (NYSE:NKE) Dives on Rough Data, But its Nike!

Posted on Jun 27, 2020 by Anne Perry

Nike Inc (NYSE:NKE) ) was a shot across the bow for anyone who thought everything was destined to work out a bit better than expected. But it still has the obvious “out” – hey, there’s a pandemic! The company missed estimates by a wide margin as most of its stores were closed down during the quarter. So, anything goes, and this can’t really be all that surprising. The one thing you can be sure of right now is this: no expectations come with strong conviction. No one knows, and everyone knows that. In any case, it will take a couple of quarters to tailor inventory levels to the context, but results also showed the underlying strength in 80% ecommerce growth driving a 30% mix factor, which will now target a 50% mix while stores are growing double digits in North America since mid-May.

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Oracle Corporation (NYSE:ORCL) Hides Under Coronavirus Cover as Familiar Themes Resurface

Posted on Jun 24, 2020 by Anne Perry

Oracle Corporation(NYSE:ORCL)beat the number once again. It always does. However, an astute observer will note that the company failed to truly reignite the flame of top line growth once again. Sure, the company hammered EPS targets (which it has only failed to do once in the past 15 quarters), sales dropped over 6%, falling short of a lowered analyst bar of $10.72 billion. This dive in sales was the worst ORCL has seen since midway through 2015. However, as you may have guessed, the author of this chapter of the Oracle story was COVID-19.

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Chewy Inc (NYSE:CHWY) Offers Investors a Conundrum

Posted on Jun 17, 2020 by Anne Perry

Chewy Inc (NYSE:CHWY) traded to the downside despite hitting the wires earlier this week with a nice beat-the-number result, and guidance pop that didn't seem to be embedded in the expectations. One might chalk it up a bit to the “reopening” theme, as pure-play e-commerce opportunities start to give back a taste of their extraordinary gains during the pandemic lockdown. In this case, we have the premier pet food e-commerce idea in the market. That said, the stock priced in quite a shift in behavior, reopening may start to shift that behavior, and the topline performance may represent an exaggerated sense of demand due to forward-pull demand through hoarding.

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Elastic NV (NYSE:ESTC) Kneejerks Lower, But Deserves Closer Inspection

Posted on Jun 11, 2020 by Anne Perry

Elastic NV (NYSE:ESTC) has been one of the strongest names in the market since the March broad index “crash” lows, with shares of the data solutions name advancing as much as 125% in the past 3 months. Q1 data hit the wires on Thursday, and the stock took a small hit, dropping about 7% in immediate reaction following a strong quarter with mixed in-line guidance and what one might see as a FY21 sandbag job, lowering the bard to 25% top-line growth (from 57% in FY20)

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Slack Technologies Inc (NYSE:WORK) Suffers from Zoom’s Success

Posted on Jun 11, 2020 by Anne Perry

Slack Technologies Inc (NYSE:WORK) may, in a way, have suffered from what we saw out of Zoom (ZM) a few days earlier, as expectations were ratcheted up in preparation for another pandemic technology blow-out. But the report failed to measure up, and shares of WORK cratered.

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Pinterest Inc (NYSE:PINS) Stuck Out, and Not in a Good Way

Posted on Jun 07, 2020 by Anne Perry

Pinterest Inc (NYSE:PINS) appears to have blown it, according to analyst reactions to its Q1 data. The company missed on the bottom line and came in around expectations on the top line earlier this month. We wanted to revisit the report now because the stock represents an interesting internet business example that failed to excite folks looking for somewhere non-covid-19-affected to channel investment dollars… The company decelerated more meaningfully than peers to down 8% y/y in April. more

LYFT Inc (NASDAQ:LYFT) Sees Short-Lived Pop on Positive Earnings Surprise

Posted on Jun 07, 2020 by Anne Perry

LYFT Inc (NASDAQ:LYFT) hit Q1 earnings earlier this month with expectations in check. The COVID-19 pandemic has decimated the ride-sharing industry, understandably. Being bottled up in a chamber with a stranger who may have had exposure to a range of unknown other individuals in close quarters in a small enclosed space is not something that sells during a pandemic crisis. That goes for both riders and drivers. So, the market was understandably expecting the worst-case scenario here. However, contrary to expectations, the country's second largest ride-sharing company blew out Q1 2020 forecasts, delivering surprisingly impressive results. But shares have failed to hold onto reaction gains.

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IBM (NYSE:IBM) is Next to Declare No Visibility into the Pandemic Future

Posted on Apr 22, 2020 by Anne Perry

IBM (NYSE:IBM) reported revenue down yr/yr and missed estimates for the sixth time in seven quarters. The company withdrew its outlook but maintained its dividend (5.4% yield), removing language about dividend growth. The company faces uncertainty with its Consulting business. In software, IBM warned of a pause among clients amid changing priorities as the crisis played out in March. On the positive side, the company is committed to more M&A. more

Citigroup Inc (NYSE:C) Sheds More Light on the Credit System

Posted on Apr 22, 2020 by Anne Perry

Citigroup Inc (NYSE:C) has done a fantastic job, along with other major banks, at providing insight into their books during a remarkably difficult period for banking. The environment is impossible from a visibility standpoint, and Q1 data isn’t the driving issue that will define asset prices. So, the earnings report from a major bank right now is just about understanding to what extent they can provide credit in a temporarily collapsing economic context. more

Intuitive Surgical, Inc. (NASDAQ:ISRG) Endures Short-term Pain for Long-term Gain

Posted on Apr 22, 2020 by Anne Perry

Intuitive Surgical, Inc. (NASDAQ:ISRG) is likely to be one of the rare positive surprises for earnings data this quarter, beating on the top and bottom lines. But it is also an example of strong execution in an increasingly difficult context. The coronavirus has hit hard here because no one wants to be anywhere near a hospital right now unless they absolutely have to be. And procedures that aren’t emergencies are going to be put off until the ICU base of the developed world isn’t overrun with COVID-19 cases. But this will eventually translate into a pent-up demand driver for the company. more

Levi Strauss & Co. (NYSE:LEVI) is Wearing Thin, But Beating the Number

Posted on Apr 08, 2020 by StockEarnings Staff

Levi Strauss & Co. (NYSE:LEVI) hit the wires on Tuesday afternoon following the closing bell with the company's Q1 report card. The company reported a clear beat, with earnings of $0.40 per share, $0.05 better than the S&P Capital IQ Consensus of $0.35 on revenues growth of 4.9% year/year to $1.51 bln (which was versus the $1.46 bln S&P Capital IQ Consensus). Note, this was a quarter that closed for the company in February, so it was largely not impacted by the COVID-19 outbreak in the US and EU, and did include 2019 Black Friday and holiday season sales. more

Lululemon Athletica Inc (NASDAQ:LULU) Has Advantages and They’re Showing Through Now

Posted on Apr 05, 2020 by StockEarnings Staff

Lululemon Athletica Inc (NASDAQ:LULU) right now is a pretty similar story to Nike (NKE) in the big picture. Growth is going to take a hit, but it represents a branding story that can actually strengthen through the fire of this contraction due to a strong online business and undeniable brand loyalty that translates into premium pricing. more

Nike Inc (NYSE:NKE) Jumps on Positive Surprise and China Healing

Posted on Mar 28, 2020 by StockEarnings Staff

Nike Inc (NYSE:NKE) ripped higher after reporting Q3 (Feb) earnings this week that were much better than some feared. Rivals Adidas (ADDYY) and Puma both recently reported sharp declines in China. While Nike saw a big drop in sales in China, it was able to navigate the downturn better than expected, which is helping the stock jump higher. Nearly 80% of stores in China have now reopened, including its first store in the Wuhan area, which was ground zero for the outbreak. Nike said on the call it's seeing the other side in terms of the crisis in China. more

Crowdstrike Holdings Inc (NASDAQ:CRWD) Appears to be 0-proof

Posted on Mar 24, 2020 by StockEarnings Staff

Crowdstrike Holdings Inc (NASDAQ:CRWD) boomed higher to close out last week with an earnings performance that may well change the narrative on this stock. It may start to be lumped in with that special group of stocks (WMT, ZM, AMZN, etc) that for one reason or another are deemed “pandemic-proof”. Web security clearly now has become essential, not discretionary. Remote collaboration during this period brings about more vulnerable endpoints that demand protection. CRWD launched a suite of new tools for working from home that are free to use as well. One big sign that boosts this overall view is the company’s willingness to give precisely stated guidance. more

Mongodb Inc (NASDAQ:MDB): a Blow-out and a Bag of Sand

Posted on Mar 19, 2020 by StockEarnings Staff

Mongodb Inc (NASDAQ:MDB) reported another strong quarter on Tuesday afternoon, which was boosted by a large deal. Growth has slowed dramatically over the last year (+49% in Q4 vs. +85% growth peak in the fourth quarter of the prior year) but the company has now lapped a headwind from mLab customers in the Atlas business (which still grew 80% to a 40% mix). But the FY 2021 story is a sandbag in the air. more

Oracle Corporation (NYSE:ORCL) Has Its Head in the Cloud

Posted on Mar 19, 2020 by StockEarnings Staff

Given all the crashing action we have been seeing, you might be surprised to learn that Oracle Corporation (NYSE:ORCL) once again beat the number last Thursday evening, when the company posted its Q3 numbers for the world to see, reporting and EPS beat ($0.97 vs. $0.96), ORCL has now topped or matched the Street's earnings expectations for fourteen straight quarters. But the real surprise was the beat on the top line ($9.8 bln vs. $9.75 bln) after coming up short in the two preceding quarters.

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Vail Resorts, Inc. (NYSE:MTN) Goes Downhill on Coronavirus Scare Creating New Value

Posted on Mar 17, 2020 by StockEarnings Staff

Vail Resorts, Inc. (NYSE:MTN)new link put out fiscal Q2 results on Monday afternoon, with inline results and no guidance. This last point is the important part: the fact that the company withdrew any attempt at predicting the near-term future tells you all you need to know about what they are seeing as the coronavirus takes a firm hold on consumer behavior in the US. more

Beyond Meat Inc (NASDAQ:BYND) Undercooks Q4 Results to Put 2020 Profitability in Jeopardy

Posted on Mar 07, 2020 by StockEarnings Staff

The Beyond Meat(NASDAQ:BYND) bubble is deflating again after a strong quarter and in-linerevenue guidance. The valuation on this stock above $100 did not seemsustainable for a low margin and competitive business. Now, the syntheticchickens are coming home to roost.

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Trade Desk Inc (NASDAQ:TTD) Flashes Strength and COVID-19 Immunity Ahead

Posted on Mar 07, 2020 by StockEarnings Staff

Trade Desk Inc (NASDAQ:TTD) topped consensus for Q4 EPS and revs (+35% yr/yr to $215.94 mln) and issued upside revenue guidance for Q1 and FY20 on Thursday. Spend on company’s platform topped $1 bln for Q4, which it identified as the first time that it had ever crossed that threshold in a single quarter. Management expects gross spend on its platform to accelerate yr/yr to at least $4.24 bln.

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Guardant Health Inc (NASDAQ:GH) Suffers from Valuation, Net Loss, and Just Plain Unlucky Timing

Posted on Feb 29, 2020 by StockEarnings Staff

It was another blow out quarter from Guardant (GH). FY20 revs were guided above estimates, but conservatively in our view. However, the stock suffered in reaction from a combination of a larger-than-expected net loss and very difficult market conditions. more

Roku Inc (NASDAQ:ROKU) Roller Coaster Ride Continues with Bottom Line Concerns

Posted on Feb 20, 2020 by StockEarnings Staff

The big point here is that the strong Q4 and strong top-line guide was expected because of the Disney+ tailwind in effect. What wasn’t expected was the company’s EBITDA warning, which is really about higher than expected investments in incremental gross profit expansion through pushing for more security in market share. In other words, it’s becoming a little more expensive to maintain its place in the streaming market pecking order. more

Tesla Inc (NASDAQ:TSLA) Burns the Bears Yet Again

Posted on Feb 09, 2020 by StockEarnings Staff

The big picture narrative, as we see it for TSLA right now, is as follows: the stock was a darling for big shorts up until mid-2019 because it hadn’t figured out the puzzle of matching up margins and scalability in its signature niche. And lots of really smart well-capitalized folks (Jim Chanos, David Einhorn, etc) believed that this puzzle was impossible to solve. And they placed massive bets against the stock on that thesis. more

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