Shares of Micron Technology Inc (NASDAQ: MU) are trading down in extended hours after the chipmaker reported disappointing results for its fiscal first quarter on lower demand and elevated inventories…
Starbucks Corporation (NASDAQ: SBUX) has gained more than 40% since its year-to-date low in mid-May but a Jefferies analyst warns it’s as far as it goes. Starbucks stock is trading…
Sales of existing homes sank another 7.7 percent in November to a 4.09 million seasonally adjusted annual rate. That is the tenth consecutive monthly decline leaving the selling pace at…
Six Flags Entertainment Corp (NYSE: SIX) is up more than 10% this morning after an activist shareholder said the theme parks operator could boost its stock price by $11 a…
December is a time of reflection and planning for financial market participants. Everybody is preparing for the holidays and what 2023 might look like, and the energy sector looks very…
Nike shares rise after robust quarter results but will the stock break this key level?
Nike Inc. stock (NYSE:NKE) rose more than 12% on Wednesday as second-quarter results topped estimates. The EPS in the quarter report came at $0.85, exceeding estimates of $0.65. The revenue…
A handful of bank stocks will do well next year if the Federal Reserve doesn’t push the U.S. economy into a severe recession – that’s according to the famed investor…
Elon Musk has a very simple explanation for why Tesla Inc (NASDAQ: TSLA) continues to sell-off this year – the macroeconomic backdrop! Here’s what Musk said in his recent tweet…
Rite Aid Corp (NYSE: RAD), on Wednesday, said its net loss nearly doubled on a year-over-year basis in its third financial quarter. Rite Aid shares down on weak guidance Shares…
The installed base of off-highway vehicle telematics systems to reach 12.2 million units worldwide by 2026
Berg Insight estimates that the global installed base of active off-highway vehicle telematics systems reached 6.6 million units in 2021. This includes connected units deployed on various off-highway vehicles across…