GitLab stock down due to weak guidance
GitLab (NASDAQ:GTLB) stock is experiencing a significant downturn today, trading at $59.65, reflecting a drastic 19.9% drop. The sharp decline
Category: Top News
Bitcoin soaring to all time high
Bitcoin reached a record high of $68,978, surpassing its previous record of $68,789 set in November 2021. This surge has
US STOCKS-Futures ease ahead of economic data, megacap growth stocks slide
From Nasdaq: U.S. stock index futures dipped on Tuesday ahead of key data releases and Fed Chair Jerome Powell’s testimony
AMD hits US roadblock in selling AI chip tailored for China, Bloomberg News reports
From Nasdaq: Advanced Micro Devices (AMD) faced setbacks in selling an AI chip to China due to U.S. government restrictions.
GitLab Reports Fourth Quarter and Full Year 2024 Financial
From GlobeNewswire: GitLab Inc. reported a strong fourth quarter and full fiscal year of 2024, with a quarterly revenue of
Fed’s Powell to Double Down on ‘No Rush to Cut’ Message
From Yahoo Finance: Federal Reserve Chair Jerome Powell is expected to reiterate that there is no rush to cut interest
Which companies can potentially be next to announce a stock split.
Can Nvidia (NASDAQ: NVDA), Super Micro Computer (NASDAQ: SMCI), Ulta Beauty (NASDAQ: ULTA), and Meta Platforms Inc. (NASDAQ: META) be
Super Micro Computer and Deckers Outdoor Set to Join S&P 500; Others to Join S&P 100, S&P MidCap 400 and S&P SmallCap 600
S&P Dow Jones indices announces several changes to the S&P 500, S&P 100, S&P MidCap 400, and S&P SmallCap 600
Boeing in talks to buy back fuselage maker Spirit Aerosystems (SPR)
From CNBC: Boeing (BA) is in talks to buy back Spirit AeroSystems (SPR), the top supplier for their 737 Max
Additional news organizations suing OpenAI for copyright infringement
From The Hill: Three more organizations are suing Microsoft and OpenAI for copyright infringement, including Raw Story, Alternet, and The
Stocks waver after Fed’s preferred inflation gauge meets expectations
From Yahoo Finance: Stocks experienced an upward trend on Thursday following the Federal Reserve’s favored inflation index meeting Wall Street’s
Some notable upgrades and downgrades
Benchmark has initiated coverage of MicroStrategy (MSTR) with a Buy recommendation and a $990 price target. JPMorgan has downgraded Domino’s
Frank Slootman is retiring as CEO of Snowflake, stock down 20%
In a significant leadership transition, Sridhar Ramaswamy, ex-Senior VP of AI at Snowflake, has taken the reins as CEO, succeeding
Possible candidates for S&P addition with the S&P Index Rebalance this Friday, March 1.
Being added to the S&P 500 Index is a major milestone for a company’s stock. Fund managers are required to
Lowe’s earnings, Fedspeak, Consumer data: What to Watch
From Yahoo Finance: On Tuesday, February 27, Yahoo Finance Live highlights important economic data for investors to watch, including earnings
Unity Software Inc. (U) down on weak guidance after reporting Q4 2023 Earnings
Unity Software Inc. (U) reported Q4 GAAP net loss of -0.66 vs the expectation of $ -0.45. Revenue beat at
Zoom shares jump on Q4 earnings beat on top and bottom lines
Zoom Video Communications, Inc. (ZM) posted better than expected Non GAAP EPS of $1.42 vs estimate of $1.15 Revenue of
Workday (WDAY) Reports Earnings Tomorrow. What To Expect
From StockStory: Workday (NASDAQ:WDAY) is set to report earnings after market close. Last quarter, the company saw revenues of $1.87
Earnings to Watch This Week (BIDU, CRM, ZS)
From Nasdaq: The market hit record highs on Friday as Nvidia’s strong earnings sent technology and artificial intelligence-related stocks soaring.
JPMorgan CEO Dimon sells about $150 million of his shares, SEC filing says
Feb 22 (Reuters) – JPMorgan Chase (JPM.N) CEO Jamie Dimon has sold about $150 million of his shares in the bank, a
Palo Alto Networks Reports Fiscal Second Quarter 2024 Financial Results
Palo Alto Networks reported a strong fiscal second quarter for 2024 with a 19% year-over-year increase in revenue to $2.0
Some notable earnings this week PANW, NVDA, VRT, SQ
PANW reports Tuesday Feb 20, after hours Q2 24 Estimates: Expected Non GAPP EPS $ 1.3 Revenue $ 1.97B Previous
Why Enphase Energy (ENPH) is up more than 23% despite miss on Q4 earnings and worse than expected guidance.
Enphase Energy (ENPH) has experienced an increase of over 23%, since Feb 7 2024 when they reported a Q4 earnings miss and
Why VKTX stock has surged over 154% in the last 6 months.
Viking Therapeutics (NASDAQ: VKTX) recently experienced a significant surge in its stock price, it closed on Friday Feb 16th at
APPLIED MATERIALS ANNOUNCES FIRST QUARTER 2024 RESULTS
Applied announced a generated revenue of $6.71 billion. The company’s GAAP-based report indicated a gross margin of 47.8 percent, operating