Shopify (SHOP) shares got a nice 22% boost in Thursday morning’s trading session after the company reported third-quarter earnings that beat expectations on both the top and bottom lines. The e-commerce platform also provided upbeat guidance for the remainder of the year. Revenue of $1.71 billion outperformed the analyst expectation of $1.67 billion. This [...]
Shares of Wayfair (W) fell more than 6% in pre-market trading early this morning, but have since rebounded. The stock now sits 5% higher than yesterday’s close. This all came after the company delivered its third-quarter earnings. Wayfair reported dwindling sales as fewer and fewer customers shop with the online retailer. Total net revenue [...]
Pinterest (PINS) reported third-quarter earnings after the closing bell Monday afternoon, sending shares higher in extended trading. That trend continued when the market opened this Tuesday morning as shares are up more than 18%. This came after the company grew revenue 11% year over year to $763.2 million compared to $684.6 million in 2022. [...]
McDonald’s (MCD) started the week with a bang releasing results from its 3rd quarter. The company beat analysts' estimates through a series of price hikes to give sales a much-needed lift. That being said, there is concern that customers won’t tolerate these prices in the long term. The fast food chain reported revenue of [...]
By Leslie N. Masonson, MBA Interactive Brokers (NASDAQ: IBKR), founded in 2007 and headquartered in Greenwich, CT, is a highly automated global broker that offers low-cost, seamless access to multiple assets, including stocks, options, futures, forex, commodities, bonds, crypto, mutual funds, and ETFs. It serves over two million clients, including individuals, institutions, introducing brokers, [...]
Amazon (AMZN) reported third-quarter earnings after the bell on Thursday and became the latest company to harness the power of AI to fuel growth. The e-commerce giant says that it is using AI for AWS (Amazon Web Services). CEO Andy Jassy says that the opportunity could manifest in tens of billions of dollars. The [...]
Shares of Mattel (MAT) fell as much as 16% in pre-market trading Thursday morning, before settling at around an 8% loss when the market opened. This came after the toymaker shared its third-quarter earnings. The company beat out analyst expectations on the top and bottom line, reporting an EPS of $1.08 compared to the [...]
Visa (V) reported 4th quarter earnings today that initially sent shares 2% lower. They have since rebounded and now sit about 1.5% higher than yesterday’s closing price. This was a strange reaction to what was a fairly positive news cycle for the credit card company after beating earnings and raising dividends. The credit card [...]
Spotify (SPOT) sent ripples throughout the stock market this morning after surprising everyone with its first quarterly profit in the past year while analysts were expecting a loss. The Sweden-based streaming service grew sales by 17% year over year, reporting a figure that equates to $3.57 billion - just narrowly outperforming the analyst consensus [...]
Shares of Walgreens Boots Alliance (WBA) started Monday morning trading strong with a 3% gain thus far. The stock has been battered in both the short and long term, but there is hope that new CEO Tim Wentworth will turn things around for the company. According to Lisa Gill, analyst at J.P. Morgan, today [...]
