Fast food has been a big winner in the COVID-19 pandemic. Just not hamburgers. Jack in the Box (NASDAQ:JACK) has now addressed the problem, buying Del Taco Restaurants (NASDAQ:TACO) for $575 million. It’s an all-cash deal, requiring no JACK stock. Source: LifetimeStock / Shutterstock.com But some analysts are suggesting JACK just bought more trouble. Before the
In today’s show, Preston and Stig talk about Quantitative Tightening and the impact on the US Stock Market. The group has an in-depth discussion about the bond yield curve and how it might look as 2018 progresses. Our guest, Richard Duncan, has worked at the IMF and World Bank and has over 30 years of
The Oracle logo is displayed on the exterior of Oracle headquarters on December 09, 2021 in Redwood Shores, California. Justin Sullivan | Getty Images Check out the companies making headlines in after-hours trading. Oracle — Shares of Oracle jumped 6.5% after reporting earnings and revenue beats for its fiscal second-quarter. Oracle brought in $1.21 per share
Key Takeaways Costco’s comparable sales growth decelerated slightly from the previous quarter but came in above analysts’ expectations. Comparable sales growth is a key metric of Costco’s revenue growth from its warehouses and e-commerce sites that have been in operation for at least one year. The company’s e-commerce sales rose 14.3% from the year-ago quarter.
Financial technology (fintech) is gaining popularity with each passing year as consumers look for convenient and easy ways to manage their finances. Whether it is a loan or an investment, we want it at our fingertips at a moment’s notice, and SoFi Technologies (NASDAQ:SOFI) is here to make it possible. The company’s moves in the industry
GameStop (NYSE:GME) released its earnings on Dec. 8 for its fiscal Q3 ending Oct. 30 with excellent results. It showed that revenue had jumped 29% year-over-year (YoY) to $1.297 billion, up from $1.0047 billion a year ago. However, it also showed that cash burn had jumped significantly during the third quarter. That is going to
The stock market got crushed last week. Then, just as quickly as the panic arrived, it left… This week, stocks have been rebounding with a fervor, and just three days into the trading week, the S&P 500 has basically already recovered all of its losses since the omicron variant emerged on Thanksgiving and caused the
In this article ROKU NCLH PLAY SFIX Source: Stitch Fix Check out the companies making headlines in midday trading. Stitch Fix — Shares of the digital personal shopping company plummeted 23% after reporting disappointing guidance for the fiscal second quarter and the full year. Stitch Fix also missed estimates for its fiscal first quarter active customers. The
Nokia (NYSE:NOK) stock has rallied back from its lows in the latter half of the year. There’s also plenty of upside remaining with NOK stock as it’s still in the early days of 5G rollout. Analysts point to at least a 30% upside from current levels and price estimates should continue to improve with the advancements
Don’t be heartened by recent positive news surrounding AMC Entertainment (NYSE:AMC) stock. Source: QualityHD / Shutterstock.com That’s quite a negative sentiment to hold, but it makes sense. Even as AMC stages a turnaround and large institutional investors buy into its shares, the longer-term implications are clear. AMC won’t emerge better following the pandemic and the
Retail investors have been conditioned to eschew traditional growth stocks in favor of the next Amazon (NASDAQ:AMZN) or Tesla (NASDAQ:TSLA). And in the historic run that the market has taken investors on, there has been no shortage of potential “next big things.” QuantumScape (NYSE:QS) is no exception. When it entered the market in late 2020, QS stock looked like
Japanese billionaire Yusaku Maezawa arrives at the International Space Station on Dec. 8, 2021 after launching on a Russian Soyuz spacecraft. NASA TV Japanese billionaire Yusaku Maezawa arrived at the International Space Station on Wednesday, where he’ll spend nearly two weeks visiting as a private space tourist. Maezawa launched on a Russian Soyuz spacecraft along
In this article RENT LCID RH GME A man looks at GameStop at 6th Avenue on February 25, 2021 in New York. John Smith | Corbis News | Getty Images Check out the companies making headlines in after-hours trading: GameStop — Shares of the video game retailer slid 4% in extended trading Wednesday following the
As of 2021, there are reportedly 2,755 billionaires on Earth, with an estimated total net worth of $13.1 trillion. Of this amount, the top 10 wealthiest people in the world account for $1,153 billion, or roughly 8.8%, which is impressive when you consider that they represent around 0.36% of billionaires. Below are the 10 individuals
Technology stocks have taken a hit lately, and Teladoc Health (NYSE:TDOC) has not been immune to the sector-wide effects. However, TDOC stock is my top pick in this category for future gains. Source: Postmodern Studio / Shutterstock.com There are two key factors that have driven down tech stocks. First is a valuation issue; the market
Since announcing it would merge its Warner Media content empire into Discovery (NASDAQ:DISCA) in May, AT&T (NYSE:T) stock is down nearly 28%. T stock has had a small bounce in this month as bargain hunters are hoping the company can return to prominence once it’s fully focused on 5G wireless. Source: Roman Tiraspolsky / Shutterstock.com Just
To understand where SoFi Technologies (NASDAQ:SOFI) stock currently stands I’d argue it’s best to start with the fundamentals. They point to a reasonably strong case for optimism given SoFi’s low current price. Source: SoFi.com Then, it becomes necessary to also understand why SoFi lost as much value as quickly as it did. Once investors consider
Roku (NASDAQ:ROKU) seems to be in an enviable position. It operates the most popular streaming service in the United States. But as the world began to return to some semblance of normalcy, investors sold shares of this and other pandemic plays. Since hitting an all-time high of $490.76 in late July, ROKU stock is down
In this article .DJI CNBC’s Jim Cramer said Tuesday the market’s snapback has taken many investors off guard, and it’s being fueled by the rush to get back into stocks as emerging evidence indicates that the omicron Covid variant might not be as serious as first thought. “I think this caught a lot of people
In this article SBUX AAPL TSLA AZO DBI Apple signage on the Apple campus in Cupertino, California. David Paul Morris | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Apple — The tech giant saw its shares jump more than 3% after Morgan Stanley’s Katy Huberty raised Apple’s price target from $164