Oh, Snap! Sell-Side Sentiment Thuds As Q2 Earnings Disappoint, Stock Plummets
Snap Inc SNAP 2.28% shared plummeted 11 percent Friday to new all-time lows following a disappointing Q2 earnings report.
The DryShips Story, Continued
At this point, these massive short squeezes in DryShips Inc. DRYSare getting to be a routine occurrence. On Friday morning, the company announced the sale of $100 million of DryShips stock at a price of $2.75 per share to “entities affiliated with its Chairman and Chief Executive Officer, Mr. George Economu.”
Cryptocurrency Mining Drives Nvidia’s Q2 Outperformance; Is This An Entry?
NVIDIA Corporation NVDA 6.32% shares are trading down by more than 4.6 percent Friday after the company reported Q2 revenue and earnings that topped Wall Street’s expectations. The post-earnings sell-off leaves Nvidia investors once again asking themselves a question that has been in the back of their minds throughout the stocks 973 percent gain in the past…
Analyst: Snap Investors Were Sold Snake Oil
Snap Inc (NYSE: SNAP) shares are down another 11 percent Friday morning to just over $12 after the company reported lower-than-expected user growth and revenue and a larger-than-expected earnings loss. While Snap investors have been caught off guard by the company’s growth struggles and its eroding share price, at least one Wall Street analyst has been banging the…
Skyhook Creates Customer ‘Personas’ Using Device Location Data
In today’s connected world, simply knowing your location can be a valuable asset to the business world.
Stay Away From The Real Estate Play In Retail
U.S. retail stocks took another beating on Thursday after the market was unimpressed by the latest numbers from Macy’s Inc M 2.64%and Kohl’s Corporation KSS 1.58% as they continue to struggle to adjust to the intense competition from Amazon.com, Inc. AMZN 0.55% and other online competitors.
Stock Analysts Are More Biased Than You Think
Wall Street equity research analysts are often cited as the primary voice of insight when it comes to predicting the stock market. These analysts routinely pen in-depth reports on individual stocks that include buy/sell/hold ratings, price targets, earnings forecasts and other potentially useful information for investors and clients.
Red Flags to Watch for When Choosing a Financial Advisor
There’s no more important and potentially dangerous financial undertaking than investing for retirement. But Americans who are unwilling or unable to manage their own retirement investments are placing a tremendous amount of trust in another person to handle their hard-earned money and help ensure their future happiness.
Macy’s, Kohl’s Revenue Continues to Slide
U.S. retail giants Macy’s (NYSE: M) and Kohl’s Corp. (KSS) reported strong second-quarter earnings numbers on Thursday, but the market wasn’t buying it. The two retailers topped Wall Street’s expectations for the quarter, but the stocks plummeted on Thursday as investors see little reason for long-term optimism.
There Are Literally Too Many Starbucks Locations
Everyone has heard the cliche jokes about how Starbucks Corporation (Nasdaq: SBUX) locations are popping up everywhere you look in the U.S. Unfortunately for Starbucks investors, the 13,000-plus U.S. Starbucks stores may actually be eating into each other’s business.