Uber (UBER) is seeing some surge pricing with its share price today. At first glance, Uber reporting a large GAAP […]
PriceSmart (PSMT) Smarting From A Familiar Excess Inventory Situation That’s Pressuring Margins
PriceSmart (NASDAQ:PSMT), which can be characterized as a Costco (COST) for Central America and the Caribbean, is being sold in […]
Twitter (TWTR) Posting Losses Following Report That Musk’s Buy Out Bid Is Unraveling
Elon Musk’s $44 bln bid to acquire Twitter (TWTR) has been a fragile situation from the start, and now it […]
Seagen (SGEN) and Merck May Be Moving Closer To A Deal, But Regulatory Issues May Stand In The Way
The likelihood of pharmaceutical giant Merck (MRK) acquiring Seagen (SGEN) is increasing, according to a report published last night by […]
Rivian Automotive (RIVN) Receives A Much-Needed Jolt On Better-Than-Feared Q2 Production Numbers
Rivian Automotive (RIVN) shares are receiving a jolt today after the electric vehicle (EV) maker reported Q2 production numbers in-line […]
Crocs (CROX) Gets Some Bounce In Its Step Following Upgrade
Crocs (CROX) is posting a nice gain today after Loop Capital upgraded the stock to Buy from Hold with a […]
Micron’s (MU) Gloomy Outlook Heightens Fears Of A Broader-Based Semiconductor Downturn
Indications that demand is slowing for memory chip maker Micron (MU) proved to be accurate last night after the company […]
Walgreens Boots Alliance (WBA) Slides Despite Q3 EPS Beat; Headwinds Expected To Continue In Q4
Walgreens Boots Alliance’s (WBA) low-single-digit earnings beat and minor revenue upside in Q3 (May) is not aligning with investors’ expectations […]
Paychex’s (PAYX) Beat-And-Raise Report Not Paying Off As Murkier Outlook On Business Climate Weighs
Paychex (PAYX) investors are withdrawing some capital today after the human capital management (HCM) software provider issued a solid beat-and-raise […]
Nike (NKE) Running Lower As Supply Chain Woes, FX Headwinds, And China Softness Weigh On Outlook
NIKE (NKE) leaned on healthy demand across most of its markets to deliver upside 4Q22 results, dodging investors’ worst-case scenario […]