Comcast Corporation (CMCSA) delivered lackluster second-quarter earnings that featured an earnings miss as parks and studios segments underdeliver. The stock has fallen 5% so far today on the news, adding to a concerning trend over the past few months. Earnings were up in the quarter to $1.21 a share, which was well above the [...]
Budget airline Ryanair (RYAAY) reported fiscal first-quarter results Monday morning that have the stock descending lower, continuing the concerning trend investors have been weathering over the past few months. The company is struggling with profitability as fares continue to come down. After-tax profits of 360 million euros ($392 million) represented a 46% dip year [...]
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 [...]
The first quarter of 2024 was brutal for Tesla (TSLA). The company had nothing but bad news to report - from price cuts to layoffs to recalls. But, TSLA investors finally have something to be excited about. The EV manufacturer teased its Q2 results yesterday, which are set to be fully disclosed on July [...]
All eyes are on Volkswagen and Rivian right now, as just last week the two automakers teamed up to create an EV-focused joint venture. Volkswagen will gain access to Rivian’s EV technology and a heap of Rivian stock (RIVN) in exchange for up to a $5 billion investment. Shares of RIVN are up 30% [...]
The 50-for-1 stock split of Chipotle Mexican Grill (CMG) is scheduled to go live tomorrow (Tuesday, 6/25) after the market closes. As one of the largest stock splits in the history of the NYSE, all eyes are on the stock as the clock ticks down. Those who are new to the concept of stock [...]
Shares of La-Z-Boy (LZB) are up nearly 18% so far Tuesday morning on the heels of its fiscal fourth-quarter results and preliminary first-quarter guidance. The furniture company’s results for the quarter ending April 27th surpassed analyst expectations on both the top and bottom lines. Adjusted earnings came in at $0.95 per share ahead of [...]
Yesterday, Apple (AAPL) gained more than 5% to take shares to as high as $207, crossing the $200 threshold for the first time ever. They’ve picked up where they left off today, up another 5% for more than 11% on the week. The stock is currently sitting at $217/share. All this comes after the [...]
Krispy Kreme (DNUT) got a nice 2% boost Tuesday morning, adding to its trajectory over the past week. The stock is now up nearly 7% in that timeframe. This comes off the heels of an analyst upgrade ahead of the highly anticipated McDonald’s partnership rolling out. The upgrade comes from Truist Securities, which moved [...]
The first half of 2024 has been rough for Lululemon Athletica (LULU), as the stock has fallen 40% in the past 6 months or so. However, the company delivered first-quarter earnings results that helped buoy the stock a bit - it regained 12% in the past week and is up 9% so far in [...]
