Shares of Macy’s (M) are up 20% so far to start the week as the company is reportedly reviewing a $5.8 billion buyout offer. Shares have now surged more than 86% in the past month. A source close to the matter says the offer comes from two investors, real estate investor Arkhouse Management and [...]
by Leslie N. Masonson, MBA GigaCloud Technology, Inc. (Nasdaq:GCT), was incorporated in 2006 in Walnut Creek, California where it is currently headquartered. It has $584 million in annual sales and a market capitalization of $440 million with 764 full-time employees. Previously, it was known as Oriental Standard Human Resources Holdings Limited with a name [...]
by Leslie N. Masonson, MBA Over the years, investors searching for dividends only had a few choices such as mutual funds and individual securities. With the advent of ETFs and their tremendous growth over the past 30 years, investors now have another alternative that may be the best of all. ETFs provide investors with [...]
DocuSign (DOCU) reported strong third-quarter earnings yesterday that sent shares 3% higher in Friday morning’s trading session. The stock has now rallied more than 8% in the past week. Revenue for the quarter climbed 9% YoY to $700.4 million, well above the Wall Street consensus of $690 million. DocuSign also outperformed the analyst consensus [...]
Chewy (CHWY) fell more than 11% this morning after the online pet supply store delivered third-quarter earnings with a mixed bag of results. While revenue lagged, an earnings beat was a positive surprise. The company reported revenue of $2.74 billion, a slight improvement year over year compared to the $2.53 billion reported in 2022. [...]
Campbell Soup (CPB) is more than America’s staple soup brand or a famous Andy Warhol painting; The Campbell Soup Company is a potential stock pick. The recent rate hikes and food inflation felt nationwide have made brands such as Campbell Soup a popular alternative for American families, but is that popularity transferring over into [...]
Box Inc. (BOX) shared fiscal third-quarter earnings alongside sales guidance for the remainder of the year late Tuesday that left much to be desired in the eyes of investors. A corresponding sell-off sent shares more than 13% lower in extended trading. They’ve settled at around an 8% loss so far this Wednesday morning. The [...]
All eyes within the gaming world are on Rockstar Games today, a studio owned by Take-Two Interactive Software (TTWO). The studio is known for games like Red Dead Redemption, NBA 2k, but more notably, the Grand Theft Auto lineup. And after more than 10 years, the latest iteration in the GTA series has life. [...]
It was a bad start to the week for a big chunk of Spotify’s (SPOT) workforce after the company announced Monday morning that 17% of jobs would be cut. CEO Daniel Ek didn’t mince words, admitting that many smart, talented, and hardworking individuals would be let go. This is now the third round of [...]
By Leslie N. Masonson, MBA HCI Group, Inc. (NYSE:HCI), was incorporated in 2006 in Tampa, Florida where it is currently headquartered. It has $507 million in annual sales and a market capitalization of $737 million with 578 full-time employees. The company was formerly known as Homeowners Choice, Inc. and changed its name to HCI [...]
