Stock Market

By and large, investors know Alphabet Inc. (GOOGL) as the parent company of the search engine that everybody and their uncle uses: Google. I am definitely bullish on GOOGL stock. Amazingly, the Google search portal is so famous that in the popular lexicon, “Google” is both a noun and a verb. It’s perfectly fine to
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Sharing is Caring! BY JOHN RUBINO The prices of a lot of things are up these days, which fits the common definition of “inflation.” Meanwhile, an increasing number of products are appearing at the same price but in smaller packages.This is inflation’s slippery first cousin “shrinkflation.” Here’s a sampling from a recent study: • Bounty paper towels:
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Toronto-Dominion Bank (TD), Canada’s largest bank, will report Q3 earnings on August 26 before the opening bell. Over the past year, the bank stock has jumped by approximately 35%, and is currently trading over C$85. Solid earnings could propel shares of TD higher, so let’s have a look at what analysts are expecting. (See Toronto-Dominion
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Sharing is Caring! by Chris Black A tip to Crime Stoppers has blown the lid on a church service at #Blacktown, attended by 60 adults and children. The gathering has been described as selfish and arrogant, as cases in the suburb surged. Read more: t.co/xVWR1WUeSa@tiffgenders #COVID19 #9News pic.twitter.com/vNZHCUzXCj — 9News Sydney (@9NewsSyd) August 23, 2021
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Sportswear and footwear retailer Foot Locker (FL) delivered better-than-expected second-quarter results. Revenue and earnings topped consensus estimates as the company benefited from improving fundamentals in the industry. Shares jumped 7.26% to close at $58.34 on August 20. Net income came in at $430 million, an improvement from $45 million delivered in the same quarter last
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Over the first half the of 2021 and especially in Q2, economies reopened and consumers opted to spend more time in physical retail spaces. Foot Locker, Inc. (FL) experienced the trends first hand, printing impressive Q2 earnings results last Friday. The athletic retailer has made meaningful progress, as acquisitions, share repurchases, and keeping stores open helped drive it
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Applied Materials, Inc. (AMAT) reported stellar third-quarter results on Thursday. The company posted its strongest revenues ever ($6.2 billion), a jump of 41% year-over-year, surpassing the Street’s estimate of $5.94 billion. Adjusted earnings came in at $1.90 per share, up 79% from the year-ago period. Analysts had estimated earnings of $1.77 per share. For Q4, AMAT
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Sharing is Caring! By Michael Lebowitz and Lance Roberts Equity futures are opening weaker again this morning. The NASDAQ is faring better than the S&P and Dow futures, which are both down about .35%. This pattern follows yesterday in which the NASDAQ outperformed the S&P and Dow by over 50 bps. All three indexes recovered
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Bitcoin’s price fluctuations make it difficult to calculate revenue projections for bitcoin miners. A drop in BTC’s price will affect the value of the company’s bitcoin holdings and vice versa. Accordingly, while Marathon Digital’s (MARA) Q2 revenue grew substantially from the same period last year and sequentially, the top-line figure came in below expectations as
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Sharing is Caring! Via Birch Gold Photo by Ashley Light There’s no doubt that the Social Security benefits that hard-working Americans have paid into for decades are under incredible pressure. If nothing is done except “kicking the can down the road,” by 2035 retirement savers won’t be able to count on the entire benefit they’re entitled
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Crypto enthusiasts are no doubt buoyed by the market’s recent rally, indicating a prolonged bear market might not materialize after all. The upward movement has also coincided with Coinbase’s (COIN) recent blowout earnings. The leading crypto exchange entered the public markets to much fanfare in April, following which the bottom fell out for bitcoin and
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Sharing is Caring! by Charles Hugh-Smith Is that the scent of smoke? What’s that red glare? Must be nothing. Why are the wheels coming off the American Project? Afghanistan is front and center in the news flow for obvious reasons, but since I have no expertise on that nation or America’s role there, I am stipulating
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Not for the first time, the superlatives are piling up for Nvidia (NVDA) following the chip giant’s exceptional July quarter earnings. That said, you will be hard pressed to find a more enthusiastic reception to the results than that of Rosenblatt analyst Hans Mosesmann, who says Nvidia is on “an entirely different plane vs. other
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