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There's A New Trading Tool That Allows Traders To Trade Cannabis With Leverage
Wednesday, December 11, 2019 - 10:47am | 1381Read More...U.S. traders looking to actively trade cannabis stocks have a new instrument to use in their trading toolkit. REX Shares, a Connecticut-based provider of exchange-traded products, announced today the launch of the MicroSectors Cannabis 2x Leveraged ETN (MJO), the first U.S.-listed leveraged...
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Microsoft In The Clouds With Q1 Earnings Report On Continued Strong Azure Performance
Thursday, October 24, 2019 - 11:44am | 641Read More...For Microsoft Corporation (NASDAQ: MSFT), the future is getting less cloudy every quarter — it’s in the cloud. With Azure cloud services again boosting the balance sheet, with some help from Windows subscription growth, Microsoft reported a robust first quarter, with earnings and...
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Big Growth Comes In Small Package For Coca-Cola
Monday, October 21, 2019 - 1:30pm | 549Read More...Coca Cola Co's (NYSE: KO) mini cans are delivering maxi results. Sell-side analysts praised the American soft drink icon for yet another strong quarter of organic growth — the eighth straight with growth of 5% or more — with smaller packaged items such as the mini cans showing...
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Oracle Shares Fall, Analysts Tepid After Shaky Q1 Print
Thursday, September 12, 2019 - 2:51pm | 516Read More...Shares of Oracle Corporation (NYSE: ORCL) dropped on Thursday after a lackluster first-quarter print that also kept sell-side analysts tepid on the stock. Quarterly sales came in at $9.21 billion, missing estimates by $72 million and guidance for the current quarter was below estimates. The company...
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Sell-Side: Short-Term Pain For Long-Term Gain With Palo Alto Networks
Thursday, September 5, 2019 - 1:00pm | 707Read More...Shares of Palo Alto Networks Inc (NYSE: PANW) continued to rebound with investors and sell-side analysts seeing long-term upside amid a shift to cloud security that outweighs weaker near-term guidance. The stock initially dropped after the fourth-quarter print despite results that beat Street...
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Wall Street Sees More Upside For Micron Following Earnings Pop
Wednesday, June 26, 2019 - 12:27pm | 668Read More...Micron Technology, Inc. (NASDAQ: MU) jumped 13% on Wednesday after the memory giant handily topped analyst expectations with big earnings and revenue beats on Tuesday. In addition to surprising to the upside, the report eased investor concerns about the impact of the U.S. blacklist of Huawei, which...
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Wall Street Sours On Dave & Buster's
Thursday, June 13, 2019 - 12:09pm | 537Read More...Dave & Buster’s Entertainment Inc (NASDAQ:PLAY) shares were pummeled after reporting worse-than-expected first-quarter sales results on Tuesday that also saw the company cut its fiscal year 2019 guidance. Wells Fargo Downgrades Wells Fargo analyst Jon Tower lowered his rating from...
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JPMorgan, Wells Fargo Issue Mixed Q1 Reports; Analysts Weigh In
Monday, April 15, 2019 - 11:12am | 859Read More...Shares of big U.S. banks Wells Fargo & Co (NYSE: WFC) and JPMorgan Chase & Co. (NYSE: JPM) headed in different directions Friday after the banks reported mixed first-quarter earnings. Wells Fargo told investors that a lower interest rate outlook, flatter yield curve and tightening loan...
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Pot Stocks, ETFs, Top News And Data From The Cannabis Industry This Week
Friday, June 29, 2018 - 3:48pm | 3502Read More...It was another extremely busy week for the cannabis industry. Voters in Oklahoma chose to legalize medical marijuana, becoming the 30th U.S. state to do so; GW Pharmaceuticals (NASDAQ: GWPH) got the first-ever FDA approval for a cannabis-based drug; Ice Cube’s Big3 basketball league...
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7 Analysts Weigh In On Ulta's Q4 Miss
Monday, March 19, 2018 - 9:59am | 768Read More...Analyst updates poured in after Ulta Beauty Inc (NASDAQ: ULTA) reported a fourth-quarter earnings and sales miss, despite comps that were up 8 percent in the quarter. The cosmetics retailer issued weak first-quarter sales guidance and said it expects comps to rise 6-8 percent on the year. ...
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2 Bank Stocks To Buy On The Dip, According To BMO
Friday, February 9, 2018 - 3:26pm | 391Read More...Investors are still reeling from this week’s big market sell-off, but BMO Capital Markets says investors shouldn’t hesitate to jump in and buy a pair of bank stocks on the dip. The Analyst BMO analyst Lana Chan upgraded BB&T Corporation (NYSE: BBT) from Market Perform to...
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Wall Street Gives FedEx A Passing Grade After Solid Earnings Report
Wednesday, December 20, 2017 - 5:13pm | 602Read More...FedEx Corporation (NYSE: FDX) hit a new all-time high of $253.24 after the company handily exceeded Wall Street's expectations in its fiscal second quarter earnings report. Here is a summary of how some of the Street's top analysts responded to the print. Bank Of America: Solid Quarter...
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What Wall Street Thinks Of Nvidia's Huge Quarter
Friday, November 10, 2017 - 3:03pm | 894Read More...NVIDIA Corporation (NASDAQ: NVDA) can do no wrong in the eyes of the market, after its big Q3 earnings beat sent the stock higher by nearly 6 percent. But with Nvidia shares an incredible 1,000 percent in just three years, the debate rages on among analysts of just how much upside the stock has...
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The Sell-Side Reacts To Advanced Micro Device's Q3 Earnings
Wednesday, October 25, 2017 - 1:50pm | 851Read More...Advanced Micro Devices, Inc. (NASDAQ: AMD) stock tanked more than 12 percent on Wednesday after the company reported third-quarter earnings that clearly disappointed the market. A number of Wall Street analysts weighed in on AMD following the report. Here’s a rundown of what they had to say...
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What Does Wall Street Think Of Costco Now?
Friday, October 6, 2017 - 2:32pm | 918Read More...Shares of Costco Wholesale Corporation (NASDAQ: COST) were trading lower by more than 5 percent on Friday after the company's fiscal fourth-quarter earnings report had many investors concerned with a dip in margins. Here is a roundup of what some of Wall Street's most notable analysts are saying...
