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Domino's, Papa John's Deliver Disappointing Earnings: Here's What Happened
2021 Feb 25, 11:05am | 598Pizza chain stocks were trading lower Thursday morning after Domino's Pizza, Inc. (NYSE: DPZ) reported a top-and-bottom line fourth quarter miss, while Papa John's Int'l, Inc. (NASDAQ: PZZA) reported mixed results. Domino's Earnings Recap: Domino's said it earned $3.46 per share...
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5 Reasons Why BofA Is Bullish On Overstock.com After The Q4 Print
2021 Feb 25, 10:56am | 278Overstock.com Inc's (NASDAQ: OSTK) has transformed to a greater degree than peers, with accelerating online sales of home furnishings, and the company seems poised to “potentially” sustain full-year retail growth and positive EBTIDA, according to BofA Securities. The Overstock ...
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6 Key Questions Apple Answered At The Annual Shareholder Event
2021 Feb 24, 6:45pm | 525Shares of Apple Inc (NASDAQ: AAPL) has taken a beating in the recent market sell-off, spearheaded by tech stocks. At its annual shareholder event Tuesday, the company assuaged concerns by answering a slew of questions in the Q&A session. Here are the key questions asked and Loup Venture's...
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Tesla's Swoon: Is Bitcoin The Tail Wagging The Dog?
2021 Feb 24, 6:30pm | 538Tesla Inc (NASDAQ: TSLA) continued its recovery off of Tuesday morning’s lows, but the stock remains down about 14.8% since it announced the company purchased $1.5 billion of Bitcoin (CRYPTO:BTC) on Feb. 8. Some traders are now concerned that Bitcoin prices are primarily dictating the...
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Snapchat's 'Open-Ended Growth Story' Solidified After Analyst Day Event
2021 Feb 24, 5:55pm | 609Snapchat parent company Snap Inc (NYSE: SNAP) hosted Tuesday its Analyst Day presentation and many Street analysts agreed the social media company's "open-ended growth story" is achievable. The Snap Analysts: KeyBanc Capital Markets analyst Justin Patterson maintains an...
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BofA Raises Toyota Target Following News Of 2 EV Launches In 2021
2021 Feb 24, 5:10pm | 220Toyota Motor Corp (NYSE: TM) is poised to benefit in 2021 from increased focus on carbon neutrality and the shift to battery electric vehicles, according to BofA Securities. The Toyota Motor Analyst: Kei Nihonyanagi maintained a Buy rating for Toyota, while raising the price target from 9,500...
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KeyBanc Upgrades BigCommerce On Enterprise Momentum
2021 Feb 24, 5:05pm | 224Bigcommerce Holdings, Inc.’s (NASDAQ: BIGC) enterprise momentum seems underappreciated, which could lend upside in 2021 and beyond, according to KeyBanc Capital Markets. The BigCommerce Analyst: Josh Beck upgraded the rating for BigCommerce from Sector Weight to Overweight, while keeping...
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Macau Lifts Coronavirus Travel Restrictions From Mainland China, Boosting Casino Stocks
2021 Feb 24, 3:09pm | 418Shares of casino stocks rallied Tuesday after it was announced that visitors from mainland China would no longer be required to quarantine upon entering the popular tourist island of Macau. What Happened: Tourists are now able to enter Macau from the mainland to visit its many gaming casinos and...
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DTCC Proposes Shortening US Trading Settlement Cycle To T+1: Here's Why That's Important
2021 Feb 24, 2:15pm | 461In the wake of the temporary market chaos created by the WallStreetBets-fueled short squeeze in GameStop Corp. (NYSE: GME), AMC Entertainment Holdings Inc (NYSE: AMC), BlackBerry Ltd (NYSE: BB) and other so-called meme stocks, major changes could be coming to the way stock trades are settled....
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Square Analysts React To Q4 Earnings: 'Deceleration Somewhat Surprising'
2021 Feb 24, 11:31am | 533Square Inc (NYSE: SQ) shares dropped 6% despite the digital payment company reporting a fourth-quarter earnings beat on Tuesday afternoon. Square reported fourth-quarter adjusted EPS of 32 cents on revenue of $3.16 billion. Both numbers topped consensus analyst estimates of 24 cents and $3.1...
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Apple Not Acquiring Netflix The 'Biggest Strategic Mistake' Jobs, Cook Made In Last Decade, Says Analyst
2021 Feb 24, 1:06am | 565Apple Inc (NASDAQ: AAPL) made a big mistake by not acquiring the subscription video-on-demand company Netflix Inc (NASDAQ: NFLX) when it had the chance, Wedbush analyst Daniel Ives told Yahoo Finance. What Happened: Ives, who has an Outperform rating Apple, said that not buying...
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Tesla Stock Performance And WallStreetBets Mentions Have A 'Real' Connection: Barclays
2021 Feb 23, 10:05pm | 449Tesla Inc (NASDAQ: TSLA) stock movements and the Reddit investment discussion board r/WallStreetBets have a "real," even if "nuanced," connection, according to analysts at Barclays. What Happened: The movement of the automaker’s stock has a correlation with...
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The RealReal Missed On Earnings, But Analysts See Hope As Economy Reopens
2021 Feb 23, 5:50pm | 669RealReal Inc (NASDAQ: REAL) shares were trading lower Tuesday after the company reported earnings that missed expectations. On Monday, the RealReal reported a fourth-quarter adjusted loss of 49 cents per share, missing the Street estimate by eight cents. The company reported revenue...
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4 Qualtrics Analysts Are Staying On Sidelines, Despite Growth Prospects
2021 Feb 23, 5:26pm | 696Experience management software provider Qualtrics International Inc (NASDAQ: XM) debuted Jan. 28 on Wall Street. With the company's IPO quiet period expiring, sell-side analysts started coverage of the stock, and most are staying on the sidelines. The Qualtrics Analysts: BofA Securities...
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What This Disney, Comcast Analyst Says Coronavirus Vaccines Mean For Theme Parks
2021 Feb 23, 4:54pm | 391The COVID-19 pandemic severely impacted the theme park and hotel industries, but the continued rollout of multiple vaccines against the disease represents a "shot in the arm for theme parks," according to BofA Securities. The Disney, Comcast Analyst: Jessica Reif Ehrlich...