Adobe Dips 14% After Beating Earnings, But Disappointing on Guidance: Why it’s Time to Sell
Shares of Adobe (ADBE) are down more than 14% Friday morning after the company delivered its first-quarter earnings for fiscal 2024. The company delivered on earnings, but its outlook for the quarters to come left much to be desired and spurred negative investor sentiment. Adobe’s results included an 11% growth in revenue to $5.18 billion, which outpaced the $5.14 [...]
Markets Remained Stunted After Disappointing Inflation Data
The week started off weak, turning green, and then shifted to mixed due to disappointing data, biotech success, uncertainty in tech, and tension in the US steel market. Monday showed mixed market results, Tuesday was in the green, investors proved unbothered on Wednesday after unfavorable CPI data, and the rest of the week looks like a downslide as hot [...]
Southwest Airlines Falls 19%, Feeling the Effects of Boeing’s Safety Concerns: Should You Sell LUV?
Southwest Airlines (LUV) is down more than 19% in the past week as it is feeling the effects of Boeing’s ongoing safety concerns after a panel blew out of a 737 MAX 9 jet earlier this year. The airliner says that it will have to rethink its capacity for 2024 amidst the turmoil as it will accept fewer Boeing [...]
How to Find Undervalued Stocks to Buy Today
Unlocking the potential of undervalued stocks is a proven path to investment success, offering the thrill of uncovering hidden market gems and the financial rewards that follow. The ability to consistently identify these opportunities can significantly enhance your portfolio's performance. That’s why we’ve put together this guide on how to find undervalued stocks to buy using both traditional methods of [...]
Adidas Faces First Loss in 30 Years, But Long-Term Prospects are Upbeat: 3 Things For Investors to See
Adidas (ADDYY) has been struggling to regain its footing since falling out with rap and fashion icon Kanye West back in 2022. This finally caught up to the German sportswear giant as it took on its first loss since 1992 amidst high-inventory levels weighing down sales. The company reported a net loss of 58 million euros. It was the [...]
Oracle Stock is Up 11% on Solid Q3 Earnings: 3 Other Reasons to Buy This ORCL Today
Shares of Oracle Corp. (ORCL) are up more than 11% this Tuesday morning after the company delivered solid Q3 earnings, outpacing analysts on the bottom line despite coming up a bit short on the top line. The company grew revenue 7% to 13.28 billion, but this fell just shy of the $13.3 billion analysts were expecting. That being said, [...]
