Talks of Leadership Change Send Union Pacific Shares Trading 10% Higher: Is it Worth a Buy?
Over the weekend, Union Pacific (UNP) announced that the current CEO Lance Fritz is on his way out, and a leadership change will come by the end of the year. While the railroad company just delivered an impressive Q4 profit, a hedge fund that controls a $1.6b stake in the company publicly lambasted Fritz and the direction the company [...]
Seagen Jumps 11% on Pfizer Acquisition Rumors – Should You Buy the Hype Early?
As Pfizer’s sales continue to struggle, they’ve turned to acquisitions as a means of making up for lost revenue. And one company they have their eye on is Seagen - a cancer drugmaker with a market cap of roughly $30 billion. Last year, Seagen was rumored to be acquired by Merck. This deal could have cost as much as [...]
Carvana Stock Has Lost 98% Of Its Value—Could CVNA Make a Comeback?
Carvana (CVNA) reported fourth-quarter and full-year 2022 results on Friday. Shares fell more than 21% after the announcement. In its annual report, the company registered a more profound deficit for 2022 and an overall decrease of 3% in vehicles sold to customers compared to 2021. Furthermore, the integration of Adesa's car auction business adversely impacted their 4th quarter and [...]
Five9 Beat Analyst Estimates—Why Did Shares Fall 9.5%?
Five9, Inc. is a cloud contact center software provider and recently reported its fourth quarter and full-year results for 2022. Despite the company’s impressive results—which included record revenues of $208.3 million, up 20% from the same period the year prior—its stock price (FIVN) dropped 9.5%.  Analysts predicted quarterly earnings of $0.41 per share, but Five9 actually earned $0.54 per [...]
Block Outperforms Revenue & Profit, But Misses EPS in 4th Quarter: Here’s 1 Thing Holding SQ Back
Block (SQ), previously known as Square, delivered their fiscal 4th quarter earnings yesterday after the market closed. The report was mixed, with EPS coming in below expectations despite revenue & profit outperforming expectations. Revenue came in at $4.65 billion, narrowly beating Wall Street’s estimate of $4.61 billion. The company reported a solid gross profit of $1.66 billion, up 40% [...]
Amazon Finalizes Landmark Deal to Acquire Healthcare Company – Why is the Stock Dropping?
Yesterday, Amazon announced its acquisition of healthcare provider One Medical. This landmark deal will cost Amazon $3.9 billion, and allow them to become a primary medical care provider. But so far, the market reaction hasn’t been what Amazon was hoping for. The purchase of One Medical will grant Amazon access to over 200 brick-and-mortar doctor’s offices and more than [...]
