Beyond Meat (BYND) has had a brutal start to the week as the stock has slid almost 19% over the past few days. This came on the heels of a dismal earnings day in which the company missed revenue expectations, cut its full-year forecast, and walked back its goal of seeing positive cash flow [...]
Just a few weeks ago we talked about the backlash Target (TGT) faced as a result of their LGBTQ+ friendly line - and the subsequent pulling of that line from the shelves. And now, it’s becoming more apparent that the retailer faces another headwind on the horizon. As the student loan restart is scheduled [...]
Target (TGT) has been battling serious backlash in recent weeks after shoppers took offense to their “tuck-friendly” swimsuits and a “the Devil Respects Pronouns” shirt. These products were designed for the transgender community and were part of a larger Pride line that hit shelves not too long ago. Critics claimed that these products shouldn’t [...]
Students around the world have been playing on easy mode for the past 6-12 months as ChatGPT has become their go-to source for homework, and specifically, essays. And, the company that used to be the students’ trusted companion - Chegg (CHGG) is getting crushed as a result. The online education company had its earnings [...]
Anheuser-Busch - the parent company for Bud Light - has made nationwide waves with its latest promotional marketing tactic. After partnering with transgender influencer Dylan Mulvaney, the company has received a barrage of criticism. While BUD stock is down in the past week, the company’s competitors are thriving - one of which is Molson [...]
Yesterday morning, Alkaline Water (WTER) announced approval by the board of directors for a 15-for-1 reverse stock split. This is effective under Nevada law as of today (April 5). The implications of this move include a dramatic reduction of common stock shares on the market. Before the reverse stock split, 200,000,000 shares of common [...]
Coca-Cola (KO) reported solid 4th quarter earnings yesterday along with an updated 2023 outlook that should have investors (or potential investors) excited. The company saw a 7% increase in revenue during the 4th quarter - up to $10.13 billion. This beat analyst estimates of $10 billion. This was largely driven by an increase in [...]
PepsiCo, Inc. reported its fourth quarter and full-year earnings on Thursday, causing shares to increase over 1% to $176.20 a share because of stronger-than-expected performance. Although investors seem pleased with the higher prices of PepsiCo's snacks and beverages, this might not be a sign of good times to come. Despite the impressive top-line results, [...]
Yesterday, a South Florida jury determined that Flo Rida won his lawsuit against Celsius over breach of contract. The damage for Celsius came out to $82 million after they didn’t hold up their end of the deal in an endorsement deal that took place from 2014-2018. Flo Rida was promised a 1% stake in [...]
Oatly (OTLY) - the plant-based food brand - was upgraded to a buy rating by analysts at Mizuho Thursday morning. This Japanese bank claims the bear run is over for Oatly, and they’re poised to make a run. And a serious run at that - with a price target set at $6. This is [...]
