GameStop (GME) is up more than 64% today, picking up where it left off yesterday for a total gain of more than 200% to start the week. All this comes as a result of the members of the subreddit WallStreetBets deciding to send shares surging once more. The stock reached more than 1,200 mentions [...]
Shares of Arm Holdings (ARM) are up just over 6% to start the week on news that the company intends to capitalize on the AI craze and begin producing its own chips as soon as 2025. Arm is a chip designer based in Britain that licenses its designs to other companies rather than manufacturing [...]
Dropbox (DBX) delivered a solid first-quarter performance with results surpassing the consensus on the top and bottom lines. However, one analyst who boasts a 100% success rate trading DBX actually lowered his price target on the stock - and we found 2 reasons ourselves to hold off on this opportunity for the time being. [...]
Robinhood Markets (HOOD) reported its fiscal first quarter results Wednesday that featured a record-breaking revenue performance field by newly acquired assets as the company sought to diversify its offerings for customers. Shares jumped around 7% prior to the market opening but have since settled at around even on the day. They’re still up more [...]
Uber (UBER) reported first-quarter earnings alongside second-quarter guidance Wednesday that sent shares down 8%. To make matters worse, the company’s primary competitor, Lyft, delivered an earnings beat yesterday with optimistic guidance for the quarter ahead. The first quarter saw a solid increase in revenue to $10.13 billion, a 15% gain year over year. This [...]
BEST STOCKS <$3 – 10 TRADING PLAN IS RUNNING HOT The Best Stocks <$3 – 10 trading plan in the Trading System Viewer is running hot! Over the last 3 months, this trading plan is up over 17% (as of 24 April 2024). To see this Trading System in VectorVest, click on the Viewers tab, [...]
The Walt Disney Company (DIS) unveiled its second-quarter earnings this morning that came in above the analyst consensus fueled by the streaming segment - however, concerns surrounding the company’s traditional business model have sent shares 10% lower so far. Revenue for the quarter came in at $22.08 billion, just shy of the $22.11 the [...]
As more and more college campuses become protest centers for the Israel and Palestine conflict, the CEO of Hims & Hers Health (HIMS) made comments that sent his stock down more than 10% last week. Andrew Dudum expressed support for those brave enough to speak out against Israel saying that he and many other [...]
Tesla (TSLA) was climbing higher yesterday after its best week in a while as Elon Musk shared a pleasant surprise update with investors. He visited China to meet with Li Qiang and gained approval to move forward with its Full Self-Driving (FSD) software for the country’s electric vehicles. Musk also gained the go-ahead to [...]
Over the past few years, Royal Philips (PHG) has been battered and bruised amidst concerns surrounding its devices being recalled and the implications of a settlement. The uncertainty has led to the stock getting cut nearly in half since 2021 when these issues were first noted. Its breathing devices and ventilators were created with [...]
