It was announced early this morning that Amazon is adding another Prime Day sale to their calendar. Prime Day has historically come once a year and has been the most lucrative day for the company - and its sellers. Revenue on Prime Day has even surpassed Black Friday/Cyber Monday sales in the past. This [...]
You’d be hard-pressed to find a stock that’s shown positive growth over the past year - but Eli Lilly is one of them. The pharmaceutical developer & manufacturer has had a great year - up 35% in the last 365 days. Even looking at the bigger picture, this stock has been a high-performer. This [...]
While Lyft stock has been in a perpetual decline for the last year and a half, the company experienced a nice bump in the past month amidst acquisition rumors. There were a few days over the past couple of weeks where the stock experienced over 10% gains. The rumor mill was that GM was [...]
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In a world where Amazon seems untouchable, any news of a company stealing their customers is sure to make waves. And that’s exactly what appears to be on the horizon - as Oracle executives claim that there will be shocking brands switching over to their OCI (Oracle Cloud Infrastructure) from Amazon’s AWS. This would be [...]
Tuesday Morning, Susquehanna analyst James Friedman downgraded PayPal stock from “buy” to “neutral”. As you would imagine, this has caused a slight dip in the company’s stock price - but not nearly to the extent of other stocks that have recently been downgraded, such as Adobe. So - if you’re currently invested in PayPal, what [...]
A while back we discussed what Disney surpassing Netflix in subscribers meant for both streaming services. At the time, analysts and investors alike were down on Netflix. And it wasn’t just because their content was lacking. It was because of their ad department business model - or lack thereof. But, it appears that things [...]
While FedEx stock closed over $200 on Thursday, September 15, investors were in for a rude awakening this morning as shares plummeted over 25% at market open. Right now, the stock sits below $160/share. Altogether, the company lost a market cap of about $11 billion as a result. This is certainly a problem for [...]
Adobe is expected to release its earnings report on Thursday - but the expectations are already in. Analysts are expecting the company to beat their predictions on revenue for the fiscal third quarter. In the quarter that ended September 2nd, the estimation is that Adobe pulled in sales of $4.43 billion and an adjusted [...]
Meta stock took a steep tumble this week and looks to be continuing the downward trend we’ve seen over the past year. This trend isn’t necessarily unique to Meta, either. Tech stocks as a whole are suffering this year amidst inflation, recession fears, and other external factors.But, there is one problem Meta, in particular, is [...]
