Shares in hair care products company Olaplex (NASDAQ:OLPX) dropped more than 40% in pre-market trading today after the company cut sales projections. A press release estimates 2022 sales of $704 million to $711 million, and adjusted net income of $303 million to $307 million. Estimates released with its August quarter earnings were for sales of
In this article ADBE NFLX NDAQ GNRC TRV PG Follow your favorite stocksCREATE FREE ACCOUNT Check out the companies making headlines before the bell: Procter & Gamble (PG) – The consumer products giant’s quarterly earnings of $1.57 per share beat estimates by 3 cents with revenue also topping Wall Street forecasts. Results were helped by
U.S. investors have been tentative in investing in Chinese securities of late. That is mainly because of the increased volatility due to country-specific risks and a worldwide economic slowdown. Consequently, many Chinese tech stocks are now trading at a hefty bargain, offering attractive entry points for traders and investors. Over the past couple of years,
Have you ever considered owning a dry-bulk shipping stock? If you can tolerate some volatility, then consider taking a look at Eagle Bulk Shipping (NASDAQ:EGLE) stock. This gets a “B” rating as the result of Eagle Bulk’s growing fleet and generous dividend payments. Plus, as we’ll discover, Eagle Bulk’s financial stats demonstrate notable improvement. If any
The U.S. Department of Labor recently proposed a key rule change that may hurt gig economy stocks. This update will make it tougher for gig employers to treat their workers as independent contractors. In many cases, these companies will be forced to categorize some of their workers as employees. There’s a reason for this rule
If you think ChargePoint Holdings (NYSE:CHPT) stock will make a quick return to a full charge, think otherwise. Given the market’s current sentiment for growth stocks, especially growth stocks that went public via a special purpose acquisition company (SPAC) merger, CHPT stock is likely to continue languishing in the near term. Yet if you’ve been
Technology stocks have been battered and bruised in 2022, with the Nasdaq down 32% year to date. As bad as that is, semiconductor stocks have easily outpaced the downturn in the broader tech sector, with the PHLX Semiconductor Index falling 44% so far this year. However, unlike some high-flying tech stocks that had no basis for
In general, the last quarter of the year is good for equity markets. However, it’s too early to assume that the markets are automatically headed higher. From the perspective of most investors, Q4 is set up to provide both opportunities and challenges. The upside is that the best time to look for stocks to buy
For all the cannabis sector’s promise and growth potential, not much has stirred it market-wise apart from a, shall we say, blunt drop. But, today, I have three bullish cannabis stock predictions for the upcoming year. Currently, the cannabis market is regulated by states, creating a patchwork of regulations. Cannabis investors have long held out
Look no further than a market downturn when searching for the best buying opportunities. Investors looking at a historical chart of the S&P500 and pinpointing the best buying opportunities, it’s almost guaranteed that most of the best buying opportunities come during a bad market downturn or a recession. Thus, historically-speaking, now is an excellent opportunity
Key Takeaways United Airlines’ load factor came in above analyst predictions and at its highest level in at least six. Load factor measures the percentage of an airline’s seating capacity that is filled with paying passengers. Strongly rebounding travel demand overcame a cooling economy to boost earnings and revenue above analyst expectations. Source: Predictions based
Key Takeaways Netflix reported Q3 2022 earnings per share (EPS) of $3.10, far ahead of analysts’ predictions. Global paid streaming memberships also surpassed analyst expectations. The number of global paid streaming memberships represents how Netflix generates most of its revenue. Source: Predictions based on analysts’ consensus from Visible Alpha Netflix (NFLX) Financial Results: Analysis Shares of
Rates on certificates of deposit (CDs) have risen much of October, due to the Federal Reserve announcing another massive rate hike in late September. Indeed, CD savers are now able to earn 4% or more in every term of at least one year. But movement in the top rates was minimal this past week, with
In this article JBHT IBKR ADBE UAL ISRG NFLX Follow your favorite stocksCREATE FREE ACCOUNT Netflix signage next to the Nasdaq MarketSite in New York, U.S., on Friday, Jan. 21, 2022. Michael Nagle | Bloomberg | Getty Images Check out the companies making headlines in extended trading. Netflix — The streaming giant’s shares skyrocketed more
With all the vagaries in the market these days, investors may be better served considering undervalued biotech stocks to buy. At the most basic level, biotechnology firms aim to address critical vulnerabilities in the human condition. Therefore, while the sector certainly features a profit motivation, it generally falls under a feel-good framework. To be fair,
Up until very recently, inflation had not been talked about, and for good reason. In 2019, the overall annual rate of inflation in the U.S. was running at 1.8% according to the World Bank (CPI). In 2020, the rate was 1.2%. In the summer of 2021, however, inflation began to rear its ugly head once
Have you ever wondered what rules Warren Buffett might use to analyze potential stock picks. In episode three, the Stig and Preston discuss Buffett’s 4 rules to selecting a successful stock pick. You won’t want to miss this important discussion! IN THIS EPISODE, YOU’LL LEARN: – Vigilant leadership – Long term prospects – Stable and
Earnings are pretty much a guessing game. You don’t know what’s going to happen with the stocks. In this video, we will be talking about how to fit “earnings” into your portfolio. Understand how it works and start earning more from your trades! Check this out! #stocktrading #options #optiontrading Posted at: https://tradersfly.com/blog/how-to-trade-iron-condors-for-corporate-earnings-releases-2/ ? Newsletter &
Cryptocurrencies, known for their wild gyrations, are actually pretty stable these days, as Bitcoin hovers at its $20,000 resistance level, making it less volatile than stocks. That’s not necessarily good news. Key Takeaways Bitcoin’s volatility has been at a low for a record duration, according to BitMEX’s .BVOL Index, and is currently at 19.65%. Bitcoin
Tracey Ryniec, Zacks value stock strategist, discusses how to add a little growth to your value stock search. Southwest Airlines: http://www.zacks.com/stock/quote/LUV?cid=CS-YOUTUBE-FT-VID Follow us on StockTwits: http://stocktwits.com/ZacksResearch Follow us on Twitter: https://twitter.com/ZacksResearch Like us on Facebook: https://www.facebook.com/ZacksInvestmentResearch