Ebay is Up 8% on Impressive Earnings and Guidance – 3 Reasons to Buy EBAY Today
Ebay Inc. (EBAY) is up more than 8% so far Wednesday morning after delivering impressive Q4 earnings alongside optimistic guidance for the current quarter. The online marketplace grew revenue to $2.56 billion from $2.51 billion this time last year, narrowly outperforming the FactSet consensus of $2.51 billion. This was coupled with a net income of $728 million compared to [...]
Macy’s Beats Earnings, Teases Plans to Rejuvenate the Brand: Is it Time to Buy M at a Discount?
Macy’s (M) is up nearly 5% so far Tuesday morning after the retailer announced its Q4 earnings results along with its plans to rejuvenate the brand through a series of store closures, asset sales, and more. For the quarter ended on February 3rd, the company narrowed its loss to just $71 million from $508 million this time last year. [...]
Intuitive Machines Tumbles 35% After Its Moon Lander Tips Over – Should Investors Be Worried?
Shareholders of Intuitive Machines (LUNR) were met with negative news to start the week, as the stock started Monday morning down more than 35%. This came after the company disclosed that its Odysseus moon lander was resting on its side on the face of the moon after tipping over. This is just one of six NASA science and technology [...]
Market Insights: Navigating Market Turbulence
Market Recap: Wall Street's Rollercoaster Ride As the trading week unfolded, Wall Street encountered a series of ups and downs, reflecting the market's reaction to various economic indicators and earnings reports. In the initial session, investors grappled with anticipation surrounding the impending release of the Consumer Price Index (CPI). The Dow saw a slight uptick of 0.3%, while the [...]
High Volatility Stocks: What are the Most Volatile Stocks Today?
Understanding volatility is crucial for your investment success, as it influences not the risk profile of your investment but your return. What does volatile mean in stocks, though - and how can you spot volatility before making a trade? We’ll guide you through how to find volatile stocks today in this guide so you can feel confident harnessing the power [...]
Carvana Skyrockets 38% on Improved Earnings and Optimistic Guidance, But It’s Still Not Time to Buy
Carvana (CVNA) jumped 38% Friday morning after the online car retailer delivered a pleasant surprise in its Q4 earnings. While the company is still losing money, it’s slowly but surely becoming more profitable - and there’s reason to be optimistic about the road ahead. The company reported revenue of $2.4 billion, falling just shy of analysts expectations of $2.56 [...]
