Starbucks (SBUX) is facing a new wave of challenges as thousands of its employees have gone on strike in the midst of the busy holiday season. The strike, organized by Starbucks Workers United, comes as employees demand better pay, improved working conditions, and stronger protections against unfair labor practices. With over 200 stores impacted [...]
Last week, we analyzed the Nissan and Honda merger from Nissan's perspective, highlighting its record-breaking stock surge and the opportunities the merger could unlock for the struggling automaker. This week, we're shifting gears to focus on HMC’s side of the story. While Nissan has captured headlines with its financial struggles and potential turnaround, Honda [...]
Nissan Motor Co. (NSANY) surged 24% on Wednesday, marking its biggest single-day stock jump in 50 years, following reports of a potential merger with Honda Motor Co. Investors are abuzz, but is this the time to buy into Nissan? The merger talks, which could also bring Mitsubishi Motors into the mix, aim to create [...]
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 [...]
Foot Locker Inc. (FL) is facing a tough road ahead, as reflected in its third-quarter earnings report and revised outlook for the rest of the year. The company reported a net loss of $33 million, or 34 cents per share, a stark contrast to last year’s profit of $28 million. Sales declined 1.4% to [...]
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 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 Mcdonald’s Corp. (MCD) have started the road to recovery Monday morning after losing roughly 7% over the past few days. The stock is up more than 1% today as many saw the dip as a buying opportunity. The fast food chain is under fire amidst concerns that its popular Quarter Pounder burgers [...]
Shares of Spirit Airlines (SAVE) are up more than 36% over the past few days as another merger rumor is making headlines. This time, its competitor Frontier Airlines is trying to bring the budget airliner into its ecosystem. This comes as Spirit Airlines is on the brink of bankruptcy, meaning any sort of merger [...]
Shares of Starbucks (SBUX) were down roughly 4% yesterday during after-hours trading, but they’ve leveled off this morning since the market opened and are relatively flat on the day. This all comes after the company reported quarterly earnings that left much to be desired. A profit of 80 cents per share was a massive [...]
