FuboTV (FUBO) reported company earnings this morning, and so far in Friday’s trading session, the market has rewarded the streaming provider with a nearly 9% bump for its efforts. The results came in well above analyst expectations. Despite taking a net loss for the second quarter of $49.9 million, or 17 cents/share, FuboTV took [...]
PayPal (PYPL) profits have been under scrutiny by analysts and shareholders alike for a few months now. And after the digital payment processing firm reported its second-quarter earnings Wednesday, it appears that concern was substantiated. Despite a strong forecast, the lackluster margins for PayPal resulted in a strong sell-off in Thursday morning’s trading session. [...]
It’s been a tough few years for Uber (UBER) investors. But, the stock has been rallying for most of 2023 and looks to be back and better than ever. The latest company earnings represent a huge milestone - the company’s first profitable quarter. After years and years of investing in the business, Uber is [...]
by Leslie N. Masonson, MBA Cloudflare Inc. (NET), a NYSE-listed firm incorporated in 2009 and has headquarters in San Francisco. It has a workforce of nearly 3,400, revenues of $1.05 billion, and a market-cap of $21.5 billion. The firm provides globally integrated cloud-based web security and content delivery services to customers in the following [...]
It seems as if every day there’s a new company cashing in on AI - and Palantir Technologies (PLRT) is the latest to join the frenzy. The hype around the company’s AI offerings is mounting ahead of next week’s second-quarter earnings report. The company is known for data analytics and has been working relentlessly [...]
General Electric (GE) is one of the oldest companies currently publicly traded. But, despite being more than 130 years old, the saying that “you can’t teach an old dog new tricks” doesn’t apply here. As the company finally nears the end of its multi-year turnaround, things are looking positive. In fact, the stock has [...]
On Wednesday, Meta (META) delivered an impressive earnings report for the quarter that ended in June. CEO Mark Zuckerberg has been calling this the “year of efficiency” since February after the company took a step backward. Since then, it’s been smooth sailing. Meta’s revenue soared to $32 billion for the quarter, which was an [...]
Yesterday in Wednesday’s trading session, Union Pacific (UNP) gained more than 12% after news of the railroad operator's new CEO taking the helm. The buzz over Jim Vena taking the reins of the company managed to steal the spotlight from what ended up being a quarter of underperformance. During the second quarter, the railroad [...]
On Tuesday after the market closed, Wells Fargo & Company (WFC) released a statement that its board of directors approved an increase to the quarterly common stock dividend - much to the delight of investors. The company was already paying a quarterly dividend of $0.30, but the company has raised that up to $0.35 [...]
Raytheon Tech (RTX) is down more than 15% so far in Tuesday morning’s trading session. If this trend holds, it will be the biggest selloff for this stock since 9/11. So, what happened? The US defense contractor and industrial corporation is facing concerns with certain airplanes it produced. The company has released a statement [...]
