Shares of First Solar, Inc. (ticker: FSLR) surged more than 12 percent on Wednesday following a big first-quarter earnings beat and guidance raise. However, the long-term outlook for U.S. solar stocks could hinge on President Donald Trump’s ability to use key provisions of the Trade Act of 1974 to provide pricing relief for U.S. solar…
Big-name retail stocks Macy’s Inc M, J C Penney Company Inc JCP, Nordstrom, Inc. JWN and Kohl’s Corporation KSS all reported earnings over the past two days, and all four stocks have been hammered.
While all eyes were on Berkshire Hathaway Inc. (NYSE: BRK-A) (NYSE: BRK-B) CEO Warren Buffett this weekend, Fr. Emmanuel Lemelson also had the honor of speaking at Berkshire’s annual shareholder meeting in Omaha.
Following a big first-quarter earnings beat, NVIDIA Corporation (NASDAQ: NVDA) held its analyst day event this week, and company management discussed the outlook for all of Nvidia’s business segments. Here’s a breakdown of what they had to say.
The 2017 Benzinga Global Fintech Awards were held Thursday night, recognizing the companies and individuals who have shown the most financial technology innovation in the last year.
Clearly, the market couldn’t care less about J C Penney Company Inc JCP’s Q1 earnings beat. Shares are down another 12 percent on Friday and are now down almost 20 percent in two days, pushing the stock under $5 per share for the first time since 2014.
The luxury goods business is enjoying an upswing, and that could be very good news for Tiffany & Co. TIF. Goldman Sachs analyst Lindsay Mann has upgraded Tiffany from Neutral to Buy and believes the company could be one of the major beneficiaries from an uptick in luxury spending.
Twilio Inc TWLO’s post-earnings plunge sent shares of the cloud services stock to new all-time lows, but a couple of top company executives certainly aren’t worried. Twilio just filed insider trading disclosures revealing CEO Jeff Lawson and Twilio board member and executive vice president of NetSuite Golbal Business Unit for Oracle Corporation ORCL Jim McGeever…
On Thursday, director of the Federal Housing Finance Agency Mel Watt reportedly testified in front of the Senate Banking Committee calling for Federal National Mortgage Association FNMA and Federal Home Loan Mortgage Association FMCC to begin retaining their earnings rather than turning them over to the U.S. Treasury. According to the Wall Street Journal, Watt…
Snap Inc SNAP shares plummeted to within 41 cents of their IPO price on Thursday after the company reported its first-ever quarterly earnings report as a public company. The 20 percent selloff suggests Snap’s Wall Street IPO underwriters may have nailed the company’s valuation.