Advanced Auto Parts Drops 33% After Abysmal Earnings and Outlook – is it Time to Cut Losses?
This morning, Advanced Auto Parts (AAP) released first-quarter earnings that came in way under expectations. Along with a dismal earnings report, the company weakened its outlook and slashed its quarterly dividend. Safe to say things are tumultuous right now for the North Carolina-based company. While analysts were expecting an EPS of $2.57/share, the company reported a mere $0.72/share. Revenue [...]
Tesla Gains 4% on Musk’s Visit to China – 3 Reasons Investors Can be Excited About the Stock
The theme for the past year or so has been that Elon Musks’ focus on Twitter has resulted in the downfall of Tesla (TSLA). But, a recent trip to China to visit Tesla production plants has investors excited that the eccentric CEO is refocused on his automobile company. The Shanghai Gigafactory plant is still “the heart and lungs of [...]
General Electric’s Stock Price Quietly Jumped 54% in Last 5 months. Is It on The Launching Pad for a Multi-year Advance?
By Leslie N. Masonson, MBA General Electric Company (GE: NYSE), the historic American multinational conglomerate, based in Boston and incorporated in 1892, once stood proudly as the sole survivor among the original thirty companies listed on the well-known Dow Jones Industrial Average. However, its reign came to an end on June 19, 2018, when it was replaced by Walgreens [...]
Back to The Basics!
Written by: Angela Akers The Fed’s preferred measure of inflation was released today, the Personal Consumptions Expenditures Index. The numbers came in higher than the previous month and higher than expected. The minutes of the Federal Reserve’s May meeting were released earlier this week showing Fed officials were split over a pause in rate hikes at the June meeting [...]
Palantir Gets a 10% Boost on Ukraine Deal, is it Worth Buying the Stock Though?
Yesterday, Palantir (PLTR) and the Ukrainian government announced that the two parties have struck a deal. Palantir’s technology will be a crucial part of Ukraine’s reconstruction efforts going forward. The software company empowered its users to make key decisions based on machined-assisted and human-driven data analysis. The use case in Ukraine is to catalog and assess damage to buildings [...]
NVDA’s Monumental Guidance Earns 27% Jump: Is There Any Room to Climb Higher, Though?
Nvidia (NVDA) stole the show in Thursday morning’s trading session, after a 1st quarter earnings report that shook the financial world up. The stock is currently up 27% as of Noon. Today’s performance is poised to be the biggest single-day rise in market value at over $200 billion. For the first quarter, the company grew sales by nearly [...]
