Dominos Drops 12% on Weak Revenue, Decreased Store Openings: Is it Time to Sell DPZ?
Domino’s Pizza inc. (DPZ) reported second-quarter earnings early Thursday morning. While the company’s profits surpassed analyst expectations, the focus was on a disappointing revenue miss. As a result, the stock is down more than 12% so far today. Here are the results: EPS: $4.03 per share compared to the $3.68 consensus Revenue: $1.098 billion compared to the $1.103 billion [...]
ASML’s Q2 Earnings and Sales Beat the Estimate, But the Stock is Down 10%: Should You Sell?
ASML (ASML) reported second-quarter earnings that surpassed Wall Street’s expectations on both the top and bottom lines and yet, the market responded by sending shares 10% lower. The Dutch semiconductor manufacturer saw a surge in demand for the quarter, beating its original forecast and culminating in the following results: Sales: $6.79 billion vs $6.53 billion consensus. Earnings: $4.36 a [...]
The Current Trends and Price Drivers of Crude Oil – and Their Economic Implications
At the time of writing, the crude oil market - like many other markets around it - is highly volatile thanks to the uncertain economic backdrop within which we currently live. At the moment, the world is characterized by a number of short term influences that are impacting the prices of many asset classes - oil being no exception. [...]
What are the Best Stocks for Covered Calls in 2024?
Covered calls represent a great opportunity for investors to earn a premium by selling contracts on stocks they already own, enhancing profit potential tremendously. But to fully capitalize on this stock investment strategy it’s imperative that you’re choosing the best covered call stocks. So, what are the best stocks for covered calls in 2024? The goal is to uncover stocks [...]
Activist Investor Takes 6.5% Stake in Tinder Parent Company – Should You Buy MTCH Too?
Shares of the Tinder parent company, Match Group Inc. (MTCH) are up after hedge fund Starboard Value took a massive stake in the company, over 6.5% to be exact. The stock climbed 9% in extended trading yesterday and picked up where it left off this morning, resulting in a 14% gain on the week so far. Starboard Value was [...]
Goldman Sachs’ Earnings Beat Fueled By Uptick in Fixed Income Trading: 3 Other Reasons to Buy GS
Goldman Sachs (GS) reported its second-quarter earnings Monday morning, sending shares higher on the heels of earnings and revenue beats. The company benefited from an increase to fixed income trading along with lower loan loss provisions than originally anticipated. Here are the Q2 results along with the analyst estimates: Earnings: $8.62/share vs $8.34/share expected. Revenue: $12.73 billion vs $12.46 [...]
