Nissan Motor Co. (NSANY) surged 24% on Wednesday, marking its biggest single-day stock jump in 50 years, following reports of a potential merger with Honda Motor Co. Investors are abuzz, but is this the time to buy into Nissan? The merger talks, which could also bring Mitsubishi Motors into the mix, aim to create [...]
Lululemon Athletica (LULU) reported strong third-quarter results that beat Wall Street’s expectations, giving investors a reason to be optimistic. The company posted revenue of $2.4 billion, a 9% increase from last year, and adjusted earnings per share of $2.87, above the forecast of $2.75. However, concerns remain as U.S. sales continue to slow, unable [...]
Foot Locker Inc. (FL) is facing a tough road ahead, as reflected in its third-quarter earnings report and revised outlook for the rest of the year. The company reported a net loss of $33 million, or 34 cents per share, a stark contrast to last year’s profit of $28 million. Sales declined 1.4% to [...]
Shares of Rivian Automotive Inc. (RIVN) surged after receiving a major boost from news that California will revive incentives for EV buyers and a settlement was reached with Tesla over a 2020 lawsuit. These positive updates are lifting investor sentiment, but does Rivian have the fundamentals to match the excitement? Key Catalysts for Rivian [...]
Shares of Gap Inc. (GAP) surged nearly 16% after-hours on Thursday following the retailer’s impressive third-quarter earnings and positive forecast for the holiday season. Despite challenges like unseasonably warm weather and hurricanes, the company exceeded expectations with strong results, driving confidence in its growth potential. Gap raised its full-year sales outlook, now expecting a [...]
Tesla Inc. (TSLA) shares surged 7% Monday morning, following news that President-elect Donald Trump's transition team is working on a federal framework to regulate self-driving vehicles. The news could be a major boost for Tesla’s autonomous driving ambitions, especially with the recent unveiling of Tesla's "Cybercab" prototype. The stock’s rally follows a report from [...]
Affirm Holdings (AFRM) has been generating buzz lately after sharing its fiscal first-quarter earnings, which came in above expectations for several key metrics. However, the stock dipped over 6% in early trading as investors processed the news. In the latest earnings report, Affirm announced impressive revenue of $698 million, representing a significant 41% increase [...]
Tesla Inc. (TSLA) shares jumped an impressive 14.5% following Donald Trump’s recent election victory, reaching $287.93, marking a significant moment for the electric vehicle maker. This surge pushed Tesla’s market cap above $900 billion for the first time since July 2023. Investors are feeling optimistic about what Donald Trump’s election could mean for Tesla, [...]
Amazon (AMZN) stock surged in after-hours trading on Thursday following a strong third-quarter earnings report that topped Wall Street’s expectations. The company’s results were driven by solid growth in its cloud and advertising businesses, which continue to be significant contributors to Amazon’s revenue growth. Quarter Highlights Amazon reported third-quarter revenue of $158.9 billion, marking [...]
Shares of Mcdonald’s Corp. (MCD) have started the road to recovery Monday morning after losing roughly 7% over the past few days. The stock is up more than 1% today as many saw the dip as a buying opportunity. The fast food chain is under fire amidst concerns that its popular Quarter Pounder burgers [...]
