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Our Blogs
May 21, 2024 8:00 AM - Alex Lavoie
Oddo BHF Upgrades ARM Holdings to Outperform
On Tuesday, May 21, 2024, Oddo BHF's decision to upgrade ARM to Outperform, while maintaining a hold action, reflects a significant vote of confidence in the company's future prospects. The upgrade, as reported by TheFly, comes at a time when ARM's stock price is at $110.46, with Oddo BHF raising th...
May 21, 2024 7:10 AM - Alex Lavoie
Raymond James Upgrades South State Corporation
Raymond James recently upgraded its rating on South State Corporation (NYSE:SSB), signaling a more optimistic outlook on the bank's future performance. This upgrade, announced on May 21, 2024, when SSB was trading at $79.87, reflects a positive shift in investor sentiment towards the company. South ...
May 21, 2024 7:03 AM - Alex Lavoie
Transcat, Inc. Surpasses Q4 Expectations with Strong Financial Performance
Transcat, Inc. (NASDAQ:TRNS), a leading provider in the Instruments - Control industry, has recently reported its financial results for the fourth quarter ending March 2024. The company specializes in accredited calibration services, cost control, optimization services, and the distribution and rent...
May 21, 2024 7:00 AM - Andrew Wynn
Brady Corporation Quarterly Earnings Preview
Brady Corporation (NYSE:BRC), a leading manufacturer and supplier of identification solutions and workplace safety products, is gearing up for its quarterly earnings release on Wednesday, May 22, 2024, before the market opens. Wall Street's eyes are on BRC, with analysts predicting an earnings per s...
May 21, 2024 5:06 AM - Tony Dante
Jaguar Health Inc. Announces Reverse Stock Split to Boost Market Value and Liquidity
Jaguar Health Inc. (NASDAQ:JAGX), a San Francisco-based pharmaceutical company, is preparing for a significant change in its stock structure with a reverse stock split scheduled for Thursday, May 23, 2024. This move will see every 60 shares of JAGX stock consolidated into a single share. The decisio...
May 21, 2024 5:00 AM - Alex Lavoie
e.l.f. Beauty, Inc. Quarterly Earnings Report: A Critical Analysis
e.l.f. Beauty, Inc. (NYSE:ELF), a prominent player in the cosmetics industry, is gearing up for its quarterly earnings report with a mix of anticipation and concern. The company, known for its affordable, high-quality beauty products, faces a critical moment as it prepares to disclose its financial ...
May 21, 2024 4:00 AM - Gordon Thompson
Dycom Industries, Inc. Quarterly Earnings Preview
Dycom Industries, Inc. (NYSE:DY) is gearing up for its quarterly earnings report, set to be released on Wednesday, May 22, 2024, before the market opens. As a leading provider of specialty contracting services, DY operates within the construction and telecommunications sectors, offering engineering,...
May 21, 2024 3:00 AM - Alex Lavoie
Analog Devices, Inc. Quarterly Earnings Report Preview
Analog Devices, Inc. (NASDAQ:ADI) is gearing up to release its quarterly earnings report on Wednesday, May 22, 2024, before the market opens. The company, a leading semiconductor manufacturer, is facing Wall Street's expectations of an earnings per share (EPS) of $1.26 and revenue estimates of appro...
May 21, 2024 2:42 AM - Parth Sanghvi
Traders Anticipate Major Move for Nvidia Shares Ahead of Earnings Report
Traders are bracing for significant movement in Nvidia’s shares as the chipmaker prepares to release its earnings report on Wednesday. However, options market data suggests that expectations for volatility are more subdued compared to previous quarters. Key Points: Implied Volatility: Nvidi...
May 21, 2024 2:42 AM - Parth Sanghvi
Chinese Stock Markets Poised for Further Gains, Says Goldman Sachs
Chinese stock markets have experienced a remarkable rebound over the past two months, with Goldman Sachs analysts forecasting continued growth, contingent upon several key factors. Key Points: Market Rebound: The blue-chip Shanghai Shenzhen CSI 300 index and the broader Shanghai Composite i...
May 21, 2024 2:41 AM - Parth Sanghvi
Nasdaq Reaches Record High as Tech Stocks Surge Ahead of Nvidia's Earnings
On Monday, the Nasdaq Composite closed at a record high, driven by gains in technology stocks. The S&P 500 also saw a slight uptick, largely influenced by investor anticipation of Nvidia's upcoming earnings and speculations about potential interest rate cuts by the Federal Reserve. Key Market Hig...
May 21, 2024 2:40 AM - Parth Sanghvi
Microsoft's introduction of "Copilot+" PCs marks a bold step into the future of personal computing
Microsoft is making significant strides in integrating artificial intelligence (AI) into its product lineup with the launch of its "Copilot+" PCs. This move signals a determined effort to stay competitive with tech giants like Alphabet and Apple, particularly in the rapidly advancing field of AI tec...
May 21, 2024 2:38 AM - Parth Sanghvi
H World Group's Impressive Q1 Performance: A Strong Start to 2024
In the first quarter of 2024, H World Group, known for its Legacy-Huazhu hotels, demonstrated a strong operational performance with a notable increase in revenue and net income. The group's blended RevPAR (Revenue Per Available Room) grew by 3.1% year-over-year (YoY) to RMB 216, and the company expa...
May 21, 2024 2:38 AM - Parth Sanghvi
Nasdaq Hits Record High, Gold Surges as Investors Weigh Fed's Hawkish Tone
The Nasdaq closed at a record high on Monday, buoyed by chip stocks like Nvidia Corp (NASDAQ:NVDA) ahead of its earnings report. Meanwhile, gold surged to an all-time high as investors assessed hawkish statements from the Federal Reserve against signs of easing U.S. inflation. Tech-heavy Nasdaq l...
May 21, 2024 2:37 AM - Parth Sanghvi
Zoom Beats Q1 Earnings Estimates but Issues Cautious Guidance
Zoom Video Communications (NASDAQ:ZM) exceeded expectations in its first-quarter performance, reporting adjusted EPS of $1.35 and revenue of $1.14 billion, surpassing analyst estimates. However, the stock saw a 0.5% decline as the company issued cautious guidance for the second quarter and fiscal ye...
May 21, 2024 2:36 AM - Parth Sanghvi
GSK Faces Lawsuit Over Alleged Concealment of Zantac Cancer Risks
GlaxoSmithKline (GSK) is embroiled in a lawsuit filed by an independent Connecticut laboratory, Valisure, which accuses the drugmaker of defrauding the U.S. government and taxpayers by concealing cancer risks associated with Zantac, a once-popular heartburn drug. In the whistleblower complaint fi...
May 21, 2024 2:35 AM - Parth Sanghvi
Hard Rock International Denies Takeover Bid for Star Entertainment, Shares Plummet
Introduction: Hard Rock International, renowned for its Hard Rock Cafe hotels and restaurants, recently made headlines by denying any involvement in a takeover bid for Australia's Star Entertainment. This unexpected clarification has led to significant market reactions and uncertainty about the futu...
May 21, 2024 2:34 AM - Parth Sanghvi
Jamie Dimon Discusses JPMorgan Succession Plans and Economic Risks
Introduction: JPMorgan Chase CEO Jamie Dimon recently addressed investors, providing crucial updates on the bank's succession plans while highlighting potential risks to the economic outlook. Dimon's statements had a notable impact on the bank's shares, reflecting investor reactions to the news. ...
May 21, 2024 2:32 AM - Parth Sanghvi
Qifu Technology Sees Robust Growth in Q1 2024, Announces Major Share Buyback
Introduction: Qifu Technology has kicked off the first quarter of 2024 with impressive financial results, showcasing significant growth in revenue and profitability. The company, a key player in enabling financial institutions to offer credit services, has also launched a substantial share buyback p...
May 21, 2024 2:31 AM - Parth Sanghvi
Sohu.com Q1 2024 Earnings: Discovering Challenges with Strategic Initiatives
Introduction: Sohu.com Inc. (NASDAQ:SOHU), a leading internet and online game services provider, announced its financial results for the first quarter of 2024. Despite experiencing a year-over-year decline in total revenues, the company's strategic initiatives aimed at enhancing user experiences and...
