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 [...]
Credo Technology Group (CRDO) is making waves in the market, with its stock soaring nearly 40% after an impressive fiscal second-quarter earnings report that outpaced expectations. The company’s strong performance is driven by the surge in demand for its high-speed connectivity solutions, particularly in the rapidly growing AI and data-center sectors. For Q2 2025, [...]
Intel (INTC) has been facing a tumultuous period, marked by the resignation of CEO Pat Gelsinger after a challenging tenure. Under Gelsinger's leadership, the semiconductor giant has struggled to keep pace with competitors, particularly in the AI chip space, where Nvidia has surged ahead. This week, Intel announced that Gelsinger would be stepping down [...]
Written by: Angela Akers The Russell 2000 is the quintessential index of the Small Cap market and is up 19.60% year-to-date through November 26, 2024. More than 8% of that gain came during the post-election market run. I ran across an article on Financial Times Monday morning titled “Trump rally carries US small-cap stocks [...]
Walmart's (WMT) stellar Q3 performance was driven by growth across all business segments. Net income reached $5.1 billion, or 60 cents per share on an adjusted basis, significantly exceeding the consensus estimate of 53 cents. E-commerce sales jumped 21%, with Sam’s Club seeing a 4.6% increase in sales. The company also saw international sales [...]
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 MicroStrategy Inc. (MSTR) have been on a wild ride, experiencing volatility as it continues to be a major player in the cryptocurrency market. The company recently made headlines with its $5.4 billion purchase of 55,000 Bitcoins, bringing its total holdings to approximately 386,700 BTC, valued at roughly $37 billion at current prices. [...]
Written by: Angela Akers Crypto has been flying high since the results of the election. The reason should not be a surprise. Throughout his campaign, President re-elect Trump openly supported Bitcoin and touted that he’d like to make the US the “crypto capital of the planet.” This week, it became apparent that the 47th [...]
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 [...]
Shares of Snowflake Inc. (SNOW) surged more than 20% following the company’s impressive third-quarter earnings report, with both revenue and earnings beating Wall Street expectations. In addition to strong financials, Snowflake also announced a key acquisition and a promising AI partnership, further boosting investor optimism. Snowflake’s Strong Earnings and Forecast Lift The cloud data [...]
