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Netflix (NFLX) led the S&P 500 and the FAANG stocks higher. The video-streaming company is up 4% today and up 14% in the last four trading days after releasing their own blockbuster movie, Bird Box. So far, 45 million Netflix accounts... Read More
The return of Dell (DELL). One of the best technology stocks from the 1990s, Dell Computer, is back in the public markets nearly six years after the company's founder and Chief Executive Officer Michael Dell took it private in what was then... Read More
JD.com (JD) fighting to stay positive for the day. The Chinese e-commerce giant is modestly positive after announcing a $1 billion share buyback program along with discussion to separate into three divisions. Not a good year for the company as the trade tariffs have hurt the Chinese economy along with potential of... Read More
Retailers had a good holiday. Amazon (AMZN) is up 2% after tens of millions of people signed up this season for free trials or paid memberships for Amazon Prime. The company said it sold millions more of its own devices, like the... Read More
Jazz Pharmaceuticals (JAZZ) wide awake. The drug stock is up 3% after the FDA extended the review period of its new drug treatment to improve wakefulness and reduce excessive daytime sleepiness in adult patients with narcolepsy or obstructive sleep apnea. Jazz already has one marketed therapy called Xyrem... Read More
Nike (NKE) flying higher. Nike jumped 7% today following better than expected earnings. So far this year, Nike's stock is up 16 percent, on pace for its ninth positive year in a decade. Nike beat expectations by 6 cents as revenues rose 9.6% to $9.37 billion. The company boosted... Read More
Chicken for the holidays. Sanderson Farms (SAFM), the nation's third-largest poultry processor, is trading up 5% following earnings. Earnings actually missed estimates as sales fell 13.3% to $798 million. The disappointing results were due in part to two hurricanes during the fourth... Read More
Eli Lilly (LLY) jumping 4% after boosting its quarterly dividend and issuing stronger-than-expected 2019 profits forecasts thanks to stronger demand for new medicines and its existing diabetes drug franchise. Eli Lilly now expects full year... Read More
Boeing (BA) is leading the Dow higher. The airline and defense stock is up 4% as the company hiked their dividend 20% and boosted their share repurchase plan by $20 billion. Boeing as now increased their dividend nearly 325% over the past six years. Boeing also approved the terms of... Read More
Jack in the Box (JACK) wants out. The quick-service restaurateur is up 2% today as they aim to bring immediate value to shareholders through a sale to another company or an increase in leverage through a debt capital raise. The recent performance... Read More
Time for a cruise. Royal Caribbean (RCL) is up 2% thanks to insider buying. The stock is down 17% in the last three months not far from a 52 week low, but the chairman & CEO bought 18,900 shares for a... Read More
The bottom may be in for GE (GE) according to one analyst. General Electric is up 7% as long term bear turns more constructive. The JP Morgan analyst says GE has a more "balanced risk reward at current levels." The analyst downgraded the... Read More
Lowes reiterates guidance and announces share buyback. The home fixture retailer is up 4% today. Lowe's reiterated its prior sales and earnings guidance for 2019 which was provided on Nov. 20, 2018. The Board of Directors also authorized a new $10 billion common... Read More
Shoes are still in fashion. The shoe retailer, DSW jumped 8% after beating earnings estimates as revenue rose 17% to $833 million well ahead of estimates. Comparable sales increased 7.3% while gross profits, as a percent of sales, increased by 220 bps,... Read More
Defense stocks look good. In a down market, the defense stocks are in the green on reports President Trump wants to boost the 2020 defense budget to $750 billion. Lockheed Martin (LMT) is up 3%, Raytheon (RTN) is up 2% and General Dynamic (GD) is up 1.5%. In... Read More
Cannabis stocks rebounding today. Canada's Cronos Corp (CRON) is up 24% on news tobacco company, Altria agreed to take a major stake in the company and become its exclusive partner in the cannabis sector as new markets for medical and recreational weed open around the world. The news sparked... Read More
Hewlett Packard Enterprise (HPE) is one of the few tech stocks trading higher following earnings. HPE is up 5% to a one month high after beating estimates by 2 cents as revenues rose 3.7% to $7.95 billion. HPE also gave in-line guidance for the current quarter and... Read More
Restoration Hardware (RH) one of the few stocks trading higher. The high-end home furnishings retailer is up 8% moving back toward the 52 week high after smashing third-quarter earnings. Earnings easily beat expectations by 46 cents as revenues rose 7.4% to $636.6 million.... Read More
Chines stocks are higher after the U.S. and China agreed to a 90-day ceasefire in the trade war that has weighed heavily on global stock markets for most of 2018. The Amazon of China, Alibaba (BABA) is up 2.9% to a two... Read More
A good day at Workday Inc. (WDAY). The HR software company is up 12% to a new all-time high following better than expected earnings. Workday easily beat estimates by 17 cents as sales rose 33.8% to $743.2 million ahead of estimates. Subscription... Read More
Abercrombie & Fitch (ANF) surges 18% thanks to earnings. The apparel maker easily beat estimates by 12 cents as gross sales rose just 0.2% to $861 million, but online sales rose 16% to $243 million for the quarter. Year to date Abercrombie... Read More
Cold weather is good news for Burlington Stores (BURL). Burlington is up 10% today and up over 30% year to date following earnings. The discount chain coat store easily beat expectations as sales rose 13% to $1.640 billion. Comparable store sales increased 4.4% for the quarter. Margins expanded by about... Read More
Microsoft (MSFT) moves ahead of Apple (AAPL) as the largest market cap company in the US. After rallying 3% yesterday, Microsoft is up another half a percent today overtaking Apple for the first time since 2010. Microsoft first became the largest market cap company back in 1999 with... Read More
Zillow (Z) shareholders will sleep easier tonight. The online real estate company is jumping 10% on news of insider buying and an analyst upgrade. A disappointing third-quarter report earlier this month sent shares of Zillow Group on a two-week slide, down 50% from the June highs to multiyear low. During... Read More
The holidays, Black Friday and a 52 week low in oil is a good recipe for the airlines, cruise ships and the retail sector. The big three airlines Delta (DAL), American Airlines (AAL) and United (UAL) are all up over 2%. The... Read More
Deere (DE) running strong. Deere is trading up 3% following earnings this morning. Deere actually missed earnings estimates as sales rose 17.6% to $8.34 billion. Currently, Deere is struggling with the strong dollar, the US/China trade war and rising interest rates. Looking forward,... Read More
Campbell Soup (CPB) pleasing shareholders today. The stock is trading up 5% to a two month high following better than expected earnings. Campbell's beat earnings estimates by 8 cents as revenue rose 24.7% to $2.69 billion ahead of estimates. The company is in the midst of a turnaround to... Read More
Crazy like a fox. Twenty-First Century Fox (FOXA) is up nearly 3% not far from a 52 week high after China received unconditional approval to allow Disney to buy Fox's film and television assets for $71.3 billion. Disney received approval from European... Read More
Good news, PG&E (PCG) isn't going bankrupt, for now. California's largest utility is up 37% on news the head of California's Public Utilities Commission said he can't imagine allowing PG&E, the state's largest utility, to go into bankruptcy as it faces billions... Read More
The Oracle is buying Oracle (ORCL). The Oracle of Omaha, Warren Buffett was busy last quarter buying $2 billion worth of Oracle Systems (ORCL) and putting $13 billion into US bank stocks including $4 billion into JP Morgan Chase (JPM). Warren Buffett also bought PNC Financial... Read More
Canada Goose Holdings (GOOS) flying higher today. The luxury winter coat maker is jumping 15% to new all-time highs following better than expected earnings. Earnings jumped 36% year or year as revenue rose 34% to $230 million. The company also raised sales guidance for 2019, now expecting 30% year... Read More
Beazer Homes (BZH) had a good day up 33% thanks to better than expected earnings. Beazer easily beat earnings and sales numbers for the quarter as sales rose 14% and earnings surged 79%. Looking into next year, management noted that in fiscal... Read More
Boring is beautiful today. Consumer staples like P&G, Coke, AT&T, Verizon and Kimberly Clark are modeslty higher on this solidly down day. The health-care technology company, Athenahealth (ATHN) is up 9% agreeing to sell itself for $135 a share, or about $5.7 billion. Private equity firm Veritas Capital and Evergreen Coast Capital... Read More
Disney (DIS) a bright spot in a down market. Disney is trading up 1.6% to new all-time high following earnings last night. Disney easily beat estimates as revenues rose 11.9% to $14.3 billion. Theme parks and studios business offset extended subscriber declines at its ESPN sports network. Theme... Read More
Crocs (CROX) is back. The rubber clogs, sandals and shoe maker is jumping 25% following earnings this morning. Similar to yesterday's diamond Twilio, Crocs is not making much money, but the good news is they are not losing money. Revenues rose 7.3% to $261.1... Read More
Twilio (TWLO) flying high today. The cloud-computing company that services Facebook and WhatsApp is up 35% following earnings. Twilio reported 7 cents a share, 5 cents better than expected as sales rose 68% to $168.9 million. The company issued upside guidance for the fourth quarter, but really the company... Read More
Mylan (MYL) rebounding following earnings. The maker of the EpiPen is up 15% to a two month high following better than expected earnings. Mylan easily beat earnings by 6 cents as revenue fell 4.2% to $2.86 billion. Most of the growth is... Read More
Warren Buffett is bullish on his company. Berkshire Hathaway (BRKB) is up 4% following better than expected earnings over the weekend. Berkshire reported earnings of $6.88 billion, double a year ago numbers of $3.44 billion when hurricane costs reduced profits in the... Read More
Starbucks (SBUX) brewing up a nice earnings report. Starbucks is jumping 10% after beating earnings estimates by 2 cents as revenue rose 10.6% to $6.3 billion ahead of estimates. Global comparable store sales increased 3%, driven by a 4% increase in average ticket. Americas and U.S. comparable store sales... Read More
Fitbit (FIT) getting in shape. The number two smartwatch maker is jumping 25% following better than expected earnings and raised guidance for the fourth quarter. Revenue rose a modest 0.3% year to $393.6 million ahead of estimates. International revenue grew 10%. During the third quarter, Fitbit sold 3.5 million... Read More
General Motors (GM) revving its engines. GM is jumping 7% on track for the biggest one-day post earnings gain in six years. GM easily beat expectations as revenue rose 6.4% year over year to $35.79 billion, a billion dollars above expectations thanks to... Read More
Under Armour (UAA) shining brightly. The third-largest sportswear maker in the United States is up a whopping 25% following better than expected earnings. Under Armour has closed stores, cut jobs and rolled back promotions to bolster profit margins as it tries to recover from a bruising fight for market... Read More
Do you like my hat? Cloud software firm, Red Hat (RHT) is in the green up 43% after agreeing to be acquired by IBM to become the world's biggest hybrid cloud software provider. It was a bold move by IBM,... Read More
At least one chip stock moving in the right direction. Intel (INTC) is up nearly 3% following better than expected earnings as sales rose 18.7% to $19.16 billion, a billion dollars above estimates. The company also issued upside guidance for the fourth quarter. Data center, client computing, Internet of... Read More
Tesla (TSLA) is making money. The battery car company is jumping 8% after reporting real profits. The drumbeat for Tesla going out of business should slow as the company reported earnings of $312 million verse estimates of a loss of $169 million.... Read More
Boeing (BA) flying higher. Boeing easily beat earnings and sales estimates while also raising guidance thanks to strong defense spending. Full year revenue could top $100 billion for the first time. The total backlog for planes grew to $413 billion or 5,800 airplanes. Net new orders for... Read More
Two Dow components trading higher. Verizon (VZ) is up 4% thanks to stronger-than-expected third quarter earnings, adding more telephone users to its network than analysts had anticipated. With the beginning of the 5G era in the fourth quarter, Verizon expects the trend to continue. McDonalds (MCD) is up 6%... Read More
Tech one of the few sectors higher. Apple (AAPL), Microsoft (MSFT), Amazon (AMZN), AMD (AMD) and Intel (INTC) are higher by a percent or more thanks to upgrades. Facebook and the Cyber-security stocks are higher on rumors... Read More
Procter & Gamble (PG) leading the Dow and the markets higher. The maker of detergent Tide and Gillette razors is trading up 8% after beating earnings estimates by 3 cents as revenues rose 0.2% year over year to $16.69 billion. The bulls are... Read More
Philip Morris International (PM) moving away from cigarettes. Phillip Morris is up 3% to a sixth month high thanks to better than expected earnings. The Big Tobacco company is pivoting toward reduced-risk products that heat tobacco instead of burning it. Phillip Morris says these products are less harmful than cigarettes. Heated-tobacco... Read More
Netflix (NFLX) soars as they continue to spend billions. Netflix is up 6% as they beat earnings estimates while sales rose 34.0% year over year to $4 billion. Net subscribers added 6.96M vs 5M guidance, 1.09M in US vs 650K guidance. 5.87M... Read More
Adobe (ADBE) leading tech higher after raising guidance for 2019. The software maker is up 8% after giving a bullish sales forecast for 2019, reassuring investors that its widening creative and business products will continue to attract customers. Adobe sees 2019 revenue +20% ahead of guidance as Digital Media... Read More
Merger in the defense space. Military communication equipment providers Harris Corp (HRS) and L3 Technologies (LLL) are both up over 8% after announcing an all-stock merger that will create the United States' sixth-largest defense contractor with a market value of $34 billion. President Donald Trump and the Republican-led... Read More
The markets and the FAANG stocks are rebounding. After a 15% drop in the last week, Netflix is rebounding 5% on a upgrade from Citigroup with a price target of $375. The analyst believes the... Read More
Delta Air Lines (DAL) a bright spot in a down market. The Atlanta based airliner is up 4% after topping third-quarter profit expectations, offsetting higher fuel charges. Revenue rose 8% to $11.95 billion. Delta's solid 8% revenue growth, combined with flat non-fuel... Read More
Not so boring any more. On a day when the markets are down over 500 points, Campbell Soup (CPB) is up a percent on news Daniel Loeb's Third Point Management has increased their stake to 7 percent, according to a filing with... Read More
Papa John's (PZZA) on the rise. The pizza restaurateur is trading up 7% as activist hedge fund, Trian Fund Management run by Nelson Peltz may be interested in acquiring a stake in the firm and try and turn around the company. Papa John's has been on a roller coaster... Read More
Walgreens (WBA) trading higher on an upgrade. The pharmacy retailer is up 2.5% leading the Dow today ahead of earnings on Thursday on an upgrade from RBC with an $82 price target. Last week, Walgreens announced that it had purchased a stake in online beauty retailer... Read More
GE (GE) a bright spot in a down market. GE is trading up 4% to a new two month high with a new CEO with a new pay package. The new GE CEO, Larry Culp signed a compensation plan that could pay out $47 million in stock options... Read More
Beer is back. The Corona beer maker, Constellation Brands (STZ) is up 4% following better than expected earnings. Not only did Constellation beat expectations as revenue rose 10.1% year/year to $2.3 billion, but they also raised guidance for 2019. Demand was strong... Read More
Festival in Brazil. The Brazilian stock market (EWZ) is up 4% today and up 19% in the last month ahead of their Presidential election. Polls are showing the far-right presidential candidate ( And market friendly candidate) Jair Bolsonaro is gaining ground among voters. The markets have supported Bolsonaro partly... Read More
Paychex (PAYX) paying off for shareholders. The Rochester, NY payroll processor is up nearly 3% to a new all-time high following better than expected earnings. Paychex beat earnings by a penny as revenue rose 8.8% year over year to $862.8 million. Paychex typically outperforms in a strong economy with... Read More
Good news, the CEO is getting fired. The second time in a month, a prominent CEO is getting fired and the stock is up. General Electric (GE) is jumping 10% after ousted Chief Executive Officer John Flannery will be replaced with outsider and board member Larry Culp. The news... Read More
Chips rebounding into the quarter end. Graphic chip maker, Nvidia (NVDA) is up 4% thanks to a bullish upgrade at Evercore with a $400 price target, 43% above current levels. Intel (INTC) is rebounding up 2% after opening lower after making... Read More
Alaska Air (ALK) poised to soar. The airline industry has struggled this year due in part to worries about higher fuel costs, but Alaska Air is up 4% on an upgrade. The analyst believes Alaska's capacity discipline, along with its potentially industry-leading unit sales growth will boost profits and... Read More
Big Blue having a good day. IBM is up 2.6% following an upgrade and a $180 price target. The analyst thinks his reverse discounted-cash-flow analysis suggests that the market is pricing in a 2% decline in sales, a figure that IBM... Read More
Hip to be Square (SQ). The online payment system is up 8% today and has nearly tripled in the last year was upgraded today with a $125 price target. Speaking at Recode's Code Commerce 2018 event recently, Square's CFO, Sarah Friar, said... Read More
Oil gushing higher. Crude oil breaks out to two-month high after Russia and OPEC ruled out a near term supply increase as US sanctions on Iran go into place. The Energy ETF is up 1.5% as one of the few sectors trading higher today. Exxon, Conoco, EOG... Read More
American Airlines (AAL) raising bag fees. The east coast airliner is up 4% after raising their first checked bag fee to $30 and the second bag fee to $40. The hike is only $5, but it has added $800M in market cap.... Read More
Under Armour (UAA) up 4% after cutting 400 jobs or 3% of their workforce as part of the sportswear maker's efforts to slash costs and to compete with Nike and Germany's Adidas. Under Armour now expects its pretax restructuring charges for the... Read More
Dividends paying dividends for the bank stocks. JPMorgan (JPM) is up 2.5% after hiking their dividend over 40%. The financial sector ETF is up 1.5% to a six month high. Plenty of good news for the banks with higher interest rates at a four month high, at least... Read More
Viking Therapeutics (VKTX) charging forward. The biotech is up 78% thanks to a positive mid-stage result for its experimental nonalcoholic steatohepatitis (NASH) medicine VK2809. Most critically, the drug seems to compare favorably to Madrigal Pharmaceuticals'MGL-3196 drug in terms of both safety... Read More
Bed Bath and Beyond (BBBY) looks good. The home décor retailer is up 5% thanks to an upgrade. The analyst at Raymond James is looking for better-than-expected same-store sales and earnings ahead of their report next week. The analyst said while the... Read More
The insurance stocks are rebounding as Hurricane Florence makes landfall. Metlife (MET) is up 2%, Prudential (PRU) is up 3% and Lincoln (LNC) is up 3%. While the hurricane will cause a lot of damage, the storm will not be... Read More
Apple (AAPL) riding high again. Apple is rebounding 3% following the unveiling of a trio of new iPhones — iPhone Xs ($999), iPhone Xs Max ($1099), and iPhone Xr ($749). Apple also released their new watch, the Series 4. The new watch... Read More
The price of oil is moving higher. Chevron (CVX) is higher by a percent due to an upgrade as the price of oil moves closer to the highs for the year. Hurricane Florence really won't impact the oil industry, but U.S. crude... Read More
Integrated Devices (IDTI) is no dummy. The chip design company is up 10% after agreeing to be acquired by Japan's firm, Renesas Electronics for $6.7 billion. The deal helps Renesas deepen its push into semiconductors for self-driving cars. The downside is the... Read More
It's hurricane season. Home Depot (HD) and Loews are up 2% as Hurricane Florence heads toward North Carolina. North Carolina officials today ordered residents to evacuate the state's Outer Banks barrier islands. Hurricane Florence is now a Category 3 hurricane with winds of 115 miles per hour and expected to... Read More
Chips rebounding thanks to Broadcom (AVGO). Chipmaker, Broadcom is up 7% to a two month high following better than expected earnings. Sales rose 13.4% year over year to $5.06 billion. Datacenter demand is driving their growth while margins and cash generation remain strong. The stock took a hit back... Read More
Good news, the CEO is getting let go. Media Company, CBS (CBS) is up 3% on news their board is in settlement talks with CEO, Les Moonves to negotiate his exit. The negotiations are tricky as Les Moonves is entitled to... Read More
Cannabis stocks are taking off. Recent cannabis stock IPO, Tilray (TLRY) is up 16% today and up over 470% since its IPO less than two months ago. No news today, but the sector has been on fire. The largest publicly... Read More
AMD keeps steam-rolling ahead. The chipmaker is up 9% to new highs thanks to an upgrade at Jefferies. The analyst at Jefferies reiterated his buy rating on AMD citing the chipmaker's technological advantage over Intel. AMD is seen as ready to beat Intel to market with a... Read More
Lulemon Athletica (LULU) stretches higher. The athletic apparel stock is up 13% to new highs following earnings. Lululemon beat by 22 cents as revenues rose 24.5% year over year to $723.5 million. Gross margins were 54.8%, an increase of 360 basis points... Read More
Signet Jewelers (SIG) is sparkling. The jeweler is up 25% to new highs for the year thanks to better than expected earnings. The company reported earnings of 52 cents a share easily beating estimates of 20 cents. Revenue climbed 1.5% year over year to $1.42 billion. The CFO... Read More
Amazon (AMZN) up 2.8% on an upgrade. The online retail giant is making new highs not far from becoming the second trillion dollar company behing Apple. Morgan Stanley analyst Brian Nowak lifted his price target by... Read More
The shoes have it. DSW (DSW) is soaring 20% to new highs following better than expected earnings and raised guidance. DSW beat estimates by 16 cents as revenues rose 16.4% year over year to $793.7 million way ahead of estimates. Nearly double-digit growth in comparable-store sales pushed... Read More
The chips are back. Nvidia (NVDA) is trading at a new 52 week high while AMD (AMD) is up 10% today and up 150% since April. Besides banging its head against the wall trying to beat Intel, AMD is... Read More
Autodesk (ADSK) on cruise control. The software maker is up 14% to new highs following better than expected earnings. Revenues rose 21.9% year over year to $612 million ahead of estimates. The analysts seemed excited. J.P. Morgan raised its price target to $175 from $150 saying the company "hit... Read More
Alibaba Group Holding Ltd (BABA) trading higher following earnings. China's biggest e-commerce giant is up 3% after missing earnings estimates. Investments in its food delivery business hurt earnings and would continue to weigh on profits. The company said it had formed a... Read More
Retail is on fire. After a dismal 2017 (blame Amazon), the retailers have come roaring back with better than expected comps, earnings and same store sales. Target (TGT) is jumping 4% to new highs following earnings. Urban Outfitter is jumping 3% to... Read More
Medtronic (MDT) trading at all-time highs. The Dublin medical device maker is up 4% following better than expected earnings helped by strong sales of its diabetes and heart devices. The largest U.S. standalone device maker's diabetes unit that makes insulin pumps and... Read More
Medtronic (MDT) trading at all-time highs. The Dublin medical device maker is up 4% following better than expected earnings helped by strong sales of its diabetes and heart devices. The largest U.S. standalone device maker's diabetes unit that makes insulin pumps and... Read More
SodaStream (SODA) selling out. The Israeli producer of countertop (healthier) soda machines is up 10% after agreeing to be bought out by Pepsi for $144 a share in cash valued at $3.2 billion. The analysts are calling this a win, win helping... Read More
Nordstrom (JWN) is breaking out. The high-end department store chain is up 11% to new highs following better than expected earnings. Nordstrom easily beat estimates as revenues rose 7.1% year over year to $3.98 billion. Comparable sales increased 4.0% verse estimates of... Read More
Walmart (WMT) flexing its muscle. The retailing giant is up 10% to a 8 month high following earnings. Walmart beat by 7 cents as sales rose 4.2% year over year to $127.06 billion ahead of estimates. U.S. comps were +4.5% vs. estimates... Read More
Canopy Growth Corporation (CGC) surging higher. The global cannabis company is surging 28% to new highs following a big investment from alcoholic beverage maker Constellation Brands. Constellation is buying 104.5 million additional shares of Canopy for $4 billion — roughly 5 billion in Canadian dollars. The two companies are... Read More
Advance Auto Parts (AAP) is revving their engines. The auto parts retailer is up 8% today and up 100% since November following better than expected earnings. The company easily beat estimates as revenue rose 2.8% year over year to $2.33 billion. Advance... Read More
Twitter (TWTR) gets an upgrade. Twitter has been on a roller coaster ride rallying 50% from April to July only to give up those gains. Today, Twitter is up 3% following bullish comments from Citron Research with a $52 price target.... Read More
The Trade Desk (TTD) is firing on all cylinders. The data-driven ad buying platform company is jumping 35% following better than expected earnings. The company beat by 16 cents as revenues rose 54.3% year over year to $112.3 million. The Trade Desk also raised guidance for the third quarter... Read More
Roku (ROKU) streaming higher. The company known for device that connects televisions to streaming services like Hulu, Netflix and Amazon.com is up 20% following earnings. Roku easily beat estimates by 15 cents as revenues rose 57.4% year over year to $156.8 million. However, the company has been witnessing intense... Read More
Boston Scientific (BSX) performing well. The stent maker is up 3% today and up 30% year to date following better than expected earnings two weeks and an acquisition today. Boston Scientific agreed to acquire VENITI, Inc., a privately-held company which develops... Read More
Twilio (TWLO) up in the clouds. The cloud communications platform company is up 16% to new highs following better than expected earnings. Twilio beat by 9 cents as revenue rose 54.1% year over year to $147.8 million. The company issued upside guidance for the quarter and the full year... Read More
Berkshire Hathaway (BRKB) flexing it's muscle. The conglomerate run by billionaire Warren Buffett is up 3% to a five month high following earnings or the weekend. Berkshire said several business units benefited from a growing economy. Net income nearly tripled reflecting the... Read More
Take-Two Interactive (TTWO) taking a bow. Take-Two is jumping 10% to a new high following earnings. The video game company actually missed estimates as sales fell 17.2% year over year to $288.33 million. But investors focused on guidance with better-than-expected recurrent consumer... Read More
Tesla (TSLA) moving closer to profitability. The electric car maker is up 13% following earnings. Tesla actually missed earnings estimates as revenues rose 43.5% year over year to $4 billion. But apologizing for past incendiary remarks to an analyst and promising profitability... Read More
Apple (AAPL) nearing a trillion dollars. Apple is up 4% following better than expected earnings. Apple easily beat expectations as revenues rose 17.3% year over year to $53.27 billion. Net income came in at $11.5 billion, and operating cash flow of $14.5 billion. Gross margins remain at 38.3%. iPhone... Read More
Illumina (ILMN) shining brightly. The genomic-sequencing leader is up 5% not far from a 52 week high following better than expected earnings. Sales rose 25.4% year over year to $830 million. It's clear that NovaSeq isn't losing momentum. Illumina also reported strong... Read More
Boring is beautiful again. Value stock, AT&T (T) is up 3% after rallying 2.5% on Friday thanks to insider buying and an upgrade. After dropping over 20% since December to a six year low, five directors stepped in on Friday and bought $4.1... Read More
Amazon (AMZN) is a beast. The online retailer is up a percent following much better than expected earnings. The company nearly doubled earnings estimates thanks to their higher-margin businesses, Amazon Web Services and advertising. Sales rose 39.3%... Read More
Another massive buyback. Chipmaker, Qualcomm (QCOM) is jumping 4% following earnings and news they will not try to buy Chinese chip company, NXP Semiconductors. The collapse of the deal is likely to aggravate tensions between Washington and Beijing. The good news... Read More
New grub at Grubhub (GRUB). The online and mobile platform for restaurant pick-up jumped 23% to new highs following earnings and an acquisition. Revenue skyrocketed 51% to $240 million, helped by a 70% increase in active diners to 15.6 million, and 29% growth in... Read More
Alphabet (GOOG) becoming the Berkshire Hathaway of the Internet. Google jumped 3.8% to new highs following better than expected earnings. Revenues rose 25.6% year over year to $32.66 billion. Alphabet's investments in emerging businesses are starting to bear fruit —... Read More
The force is with Hasbro (HAS). U.S. toymaker is jumping 13% not far from a 52-week high following better than expected earnings thanks to Star Wars and Marvel toy sales. The sales boost is helping Hasbro recover from lost ground and sales... Read More
Microsoft (MSFT) riding high again. Microsoft is up 3% to new all-time highs following better than expected earnings. Revenues rose 17.5% year over year to $30.09 billion. Microsoft has transitioned to the new world of technology. Revenue in Intelligent Cloud was $9.6... Read More
IBM (IBM) shining brightly on a down day. IBM is jumping 4% to a three month high following better than expected earnings. Earnings were able to surpass sales growth thanks to a shift towards higher-margin products and business segments it has dubbed "strategic imperatives" under the leadership... Read More
Warren Buffett changing his tune. Berkshire Hathaway (BRK-B) is jumping 5% after billionaire chairman, Warren Buffett has changed his mind and will now allocate capital to stock repurchases when he believes the price is below Berkshire's "intrinsic value." The financial conglomerate has not done so since 2012.Berkshire's old buyback... Read More
Johnson & Johnson (JNJ) rebounding following earnings. The world's largest healthcare company is up nearly 4% after beating earnings estimates as sales rose 10% to $20.8 billion. The company issued in-line guidance for the full year. JNJ's stock has been under pressure... Read More
Bank of America (BAC) shines today. The second-largest U.S. lender is up 3% after beating earnings estimates and hiking their dividend 25%. Bank of America was able to cut expenses while also growing loans and deposits on the back of a strengthening economy. Noninterest expense dropped 5 percent in... Read More
Galmed Pharmaceuticals(GLMD) upgraded again. After rallying 13% yesterday on an upgrade from Cantor Fitzgerald with a price target of $59, Galmed Pharma is up 18% today on an upgrade from Stifel with a $35 target.... Read More
Galmed Pharma (GLMD) gets a big upgrade. The biotech firm is up 13% thanks to an upgrade at Cantor Fitzgerald with a price target of $59 a share. Galmed is developing Aramchol, a novel, once-daily, oral therapy to treat liver diseases using... Read More
Geopark (GPRK) keeps pumping oil. Chilean oil company, Geopark is up 3% following second quarter numbers which saw oil and gas production grow 37% year over year and up 11% from the first quarter. Most of the production is coming out of Colombian which saw production increased 33% and... Read More
Pepsi (PEP) gushing higher. Pepsi is up 3% to a four month high thanks to better than expected earnings. Revenues rose 2.4% year over year to $16.09 billion. Every part of their North American beverages... Read More
Helen of Troy (HELE) looks pretty. The personal and household products company is up 15% to all-time highs after reporting blow-out earnings and raised its profit guidance for the fiscal year. The personal and household products company posted revenue of $354.7 million in the period. Helen of Troy expects... Read More
Biogen (BIIB) surges 14% on positive mid-stage results for their Alzheimer's drug. Phase 2 trials showed deterioration slowed significantly in Alzheimer's patients who received Biogen's BAN2401 versus a placebo at 18 months. Patients in the trial were treated with the highest dose... Read More
Praxair (PX) pushing higher. The German industrial gas company is up 5% not far from a 52 week high after agreeing to sell their European assets to rival, Taiyo Nippon Sanso for 5 billion euros ($5.9 billion). Praxair needed to sell assets to... Read More
Herman Miller (MLHR) performing well. The furniture maker is up 10% not far from a 52 week high after beating earnings by 8 cents as revenues rose 7.1% year/year to $618 million. The company issued inline guidance going forward and increased the dividend 10% to reflect management's confidence in... Read More
Dell is back. The enterprise IT giant Dell Technologies wants to come public once again, courtesy of a complex share transaction involving its (DVMT) tracking stock. The tracking stock closed up 9%. Following months of rumors to the effect, Dell announced on... Read More
Nike (NKE) flying higher. The Dow component is up 10% at a 52-week high on better than expected earnings. Nike beat by 5 cents as revenues rose 12.8% year/year to $9.79 billion. Sales were driven by more direct (higher margin) sales, International... Read More
Consultants like Accenture (ACN). The consulting, technology, and outsourcing firm rose 5% not far from a 52-week high following earnings. The company beats estimate by 7 cents as revenues rose 16.3% year to $10.31 billion. New bookings for the quarter beat estimates... Read More
Energy stocks rallying into the quarter end. Energy and oil stocks are performing well after OPEC decided to raise production after restrictions were put on Iraq and Venezuela production declines. The Permian basin oil stocks, EOG Resources (EOG) and Pioneer Natural Resources... Read More
The GE (GE) rollercoaster continues. GE jumped 7% after stating they would slim down the company to focus on jet engines, power plants and renewable energy. GE will spin off its healthcare business and divest its stake in oil-services firm... Read More
Campbell Soup (CPB), a recent dog, surged 9.4% due to rumors Kraft Heinz may be interested in acquiring the soup maker. Campbell Soup announced last month that its chief executive, Denise Morrison, is retiring and the company would conduct a strategic review of its... Read More
Marathon Oil (MRO) running well. The oil company is up 7% after OPEC decided to raise production by 600,000 barrels per day, significantly less than the 1 million barrels per day many feared. The U.S. oil benchmark, West Texas Intermediate, was... Read More
Kroger (KR) on a shopping spree. The grocery store company is up 10% to a four month high following earnings and raised guidance. The grocery store has been making more investments in online offerings while shedding more traditional convenience stores in an effort... Read More
Walgreens (WBA) is entering the Dow Jones Industrial Average. In a stunning move, the powers that be will remove GE from the Dow and replace it with Walgreens. The leading operator of U.S. retail drugstores is up 5%, but still down 18%... Read More
Verizon (VZ) is up 2% on an upgrade at Deutsche Bank with a $56 price target. The analyst expects a return to (normalized) service revenue growth for the first time since late 2014 with margin improvement. Verizon is the largest player deriving nearly 90% of EBITDA from wireless. The... Read More
The Goose is loose. Canada Goose (GOOS), the maker of the $1,000 luxury parkas and winter wear jumped over 30% on Friday and is up 4% today following better than expected earnings. CIBC upgraded the stock with a $70 price target saying there is upside to 2019 guidance... Read More
Tesla (TSLA) higher on insider buying. Tesla is up 3% as Elon Musk stepped up and bought $25M worth of stock. This follows news earlier in the week that Tesla was laying off 9% of its global workforce, in a move that... Read More
Crazy like a fox. 21st Century Fox (FOXA) is jumping 7% to new all-time highs after the courts allowed AT&T to buy Time Warner. AT&T's stock is taking a hit down 4%, but the news allows for a bidding war between Comcast... Read More
Restoration Hardware (RH) restored to health. Back in 2016, the company was struggling in this new retail Internet age, but rather than give up, Restoration Hardware took on a remodeling project for its entire business model. Today the stock is... Read More
Boston Scientific (BSX) is jumping 9.6% following news that rival Stryker (SYK) has made a takeover bid. Both stocks are halted, but it looks like someone knew about the deal last Friday. An investor on Friday bought 7,482 July 32 call contracts for 75 cents. Before the stock... Read More
Monster Beverage (MNST) having a monster day. The caffeine drink company is up 5% following a shareholder meeting yesterday when they said sales growth has remained solid and continues to expect global sales growth of ~10% through 2019. They also anticipate a gradual improvement in gross margins through 2019,... Read More
Five Below (FIVE) gets a high five. The retailer, which sells only products for $5 or less, is jumping 20% to new highs following better than expected earnings. Five Below beat earnings estimates as sales rose 27.2% year/year to $296.32 million ahead of estimates. Comparable-store sales in the quarter... Read More
Tesla (TSLA) stock roaring today. The stock is up 9%, its biggest percentage gain in more than two years and opened above $300 for the first time in two weeks on news Elon Musk believes Tesla can make its goal to produce... Read More
Twitter (TWTR) is acting a lot more like Facebook, in a good way. The online chat website is up 5% today and up over 100% in the last year to a three year high on news it is getting added to the S&P 500. Similar to Facebook when it... Read More
Apple (AAPL) closing in on a trillion. Apple is up a percent to new highs raising its market cap to $945 billion. Apple's CEO Tim Cook is conducting their worldwide developers conference. Apple now has 20 million registered developers on iOS, and collectively they have made about $100... Read More
Lululemon Athletica (LULU) stretching higher. The athleisure wear retailer is jumping 17% following strong earnings. Lululemon also raised second quarter and full year earnings and sales guidance. The company's recent push to renovate stores paid off in the latest reported quarter, with... Read More
General Motors (GM) going soft in a good way. The auto giant is up 10% to a three month high on news the Japanese investment firm, Softbank will invest $2.25 billion in GM's self-driving unit. The investment gives a big leg up to... Read More
Dicks (DKS) reports strong first quarter results, allaying concerns that its controversial decision to tighten gun policies would damp demand at the sporting-goods chain. Dick's stock is jumping 25% as earnings beat by 10 cents as sales rose 4% to $1.91 billion. Dicks also raised estimates for the full... Read More
Micron Technology (MU) jumping 2% to new highs following the positive analyst meeting last week when they announced a $10 billion share buyback. Micron is up 53% year to date poised for their best month since December 2009. The rally continues even with... Read More
Foot Locker (FL) is cool again. The shoe retailer easily beat estimates by 21 cents as revenues rose 1.2% to $2.02 billion. As one analyst put it, Foot Locker is the spot to find all the cool shoes. So far Foot Locker has not been spared in the changing landscape.... Read More
Williams-Sonoma (WSM) jumping 10% thanks to strong earnings. The owner of not only Williams Sonoma, but Potter Barn as well saw earnings easily beat expectations as sales rose 8.2% to $1.2 billion ahead of estimates. The company also raised guidance for the... Read More
A sluggish first quarter not bothering Lowes (LOW) shareholders. Lowes is jumping 10% following a miss on earnings as sales rose just 3% to $17.36 billion. Similar to Home Depot, miserable spring weather has delayed sales for the current quarter. Lowes is... Read More
Cash is king. Micron Technology (MU) is up 7% not far from a 52 week high following a bullish analyst meeting. The DRAM chipmaker raised guidance for the quarter, announced a strategic relationship with Intel for 3D NAND technology, but the... Read More
GE (GE) making new recent highs. General Electric is up 3% to a four month high after agreeing to merge its transportation business with U.S. rail equipment manufacturer Wabtec Corp for $11.2 billion. GE will own just over half of the combined business. The deal is the biggest to be... Read More
Deere (DE) bouncing back following earnings. Deere actually missed estimates by 19 cents on inline sales. Sales rose 34% to $9.75 billion. For the current quarter Deere dramatically raised estimates to $9.2 billion verse estimates of just $8.84 billion. The company also raised... Read More
Valero Energy (VLO) and the energy stocks look good. Valero is up 5% thanks to an upgrade at Morgan Stanley. The Energy sector jumped 4% last week and is now the second best performing sector year to date. The fundamentals for the oils and the refiners are only getting... Read More
Macy's (M) delivers great results. The big box retailer is up 10% to a new 52 week high beating earnings and sales results as sales rose 3.6% year to $5.54 billion. Macy's saw strong demand across all three brands—Macy's, Bloomingdale's, and Bluemercury—as well... Read More
Chipmaker, Micron (MU) is up a percent on an upgrade from Stifel with a $101 price target or nearly 100% upside. Seasonally this is typically a slow time of the year, but Micron seems to be performing well. The company will have an analyst day on May 21st. Evercore span... Read More
Does the President like Qualcomm? Chipmaker, Qualcomm is up 3% on news President Trump may allow chipmakers to once again sell components to China's second-largest telecommunication company, ZTE. Qualcomm performed well last week after announcing a $10 billion buyback. Adding the cherry... Read More
Can you hear me know? Verizon (VZ) is jumping 3% thanks to an upgrade at JP Morgan with a $58 price target. The analyst said, hands down, Verizon is executing on its business, and could see its share improve commensurately. The analyst also expects Verizon to introduce a number of... Read More
Sun shining brightly on First Solar (FSLR). First Solar is having a good couple of days up 5% today on an upgrade from J.P. Morgan. The analyst turned bullish on the solar panel maker, citing valuation and "excellent" revenue and earnings visibility... Read More
TripAdvisor (TRIP) travelling higher. The online travel company is up 22% not far from a 52 week high following better than expected earnings. Sales beat as well, but only grew 1.6% to $378 million. TripAdvisor has stabilized its core hotel-booking business, which... Read More
Nothrop Grumman (NOC) trading up 3% due to tensions with Iran. President Donald Trump's withdrawal from the Iran nuclear deal today has many defense stocks trading higher. Trump has long threatened to scrap the 2015 deal, saying the Obama administration negotiated a bad... Read More
Exxon Mobil (XOM) and oil stocks look good. Exxon is trading up 2% thanks to a positive cover piece on Barron's Magazine as the price of oil moved above $70 a barrel for the first time since November 2014. In the article,... Read More
Shake Shack (SHAK) shaking things up. The burger company is jumping 21% to a new high following better than expected earnings. The company beat earnings estimates by 13 cents as revenue rose 29% to $99.1 million, beating our consensus estimate of $96.1 million. Part of this success can be... Read More
Waste Management (WM) coming up spotless today. The garbage and recycling hauler is up 2% after beating earnings while missing sales estimates. Revenues rose 2.1% to $3.51 billion. The company reaffirmed 2018 guidance of $3.97-4.05 a share in line with estimates. One sore... Read More
Apple (AAPL) shining brightly. Apple is jumping 4% following better than expected earnings and sales. Each geographical area grew at least 25%. Apple also raised guidance for the current quarter. The cash keeps coming in. Apple has over $260... Read More
Apple (AAPL) is higher ahead of earnings tonight. Apple is up a percent ahead of earnings, but is down 8% in the last two weeks. All the suppliers to Apple are saying iphone sales are slow right now. The super cycle for... Read More
The golden arches are shining brightly today. McDonald's (MCD) is jumping 5% to a multi-month high following better than expected earnings. Revenue did decline 10% to $5.15 billion, but did beat expectations. Global revenue fell 9.5% this quarter, but the company produced... Read More
Amazon (AMZN) catching Apple. Amazon is up 4% to a new all-time high following flow out earnings. Sales rose 42% to $51 billion. Operating income rose 92% while operating cash flow rose to 4% to $18.2 billion. Amazon raised its second quarter... Read More
Chipotle Mexican Grill (CMG) is back. The long-beleaguered fast casual chain is up 22% to a 10 month high on earnings that beat expectations by 36%. In the coming months, management will be piloting various tests across key innovation focus areas such... Read More
Comcast (CMCSA) having a busy today. Comcast is trading up 3% after reporting better than expected earnings and a takeover bid for Filipino telecommunications and cable company, Sky. U.S. media group Comcast submitted a 22 billion pound ($30.7 billion) bid for Sky... Read More
Boring is beautiful. Verizon (VZ) is up 2% following in line earnings. The telecom giant recorded 260,000 postpaid net additions of mobile devices and net gain of 220,000 postpaid smartphones with the lowest churn rate in the industry. The analyst at Barclays called... Read More
Alaska Air (ALK) flying higher following better than expected earnings. Alaska beat by 2 cents as revenue rose 4.7% to $1.83 billion. The really good news was Alaska will and expects capacity growth to be cut. Lower capacity growth plans means reduced competition and higher unit revenue among carriers.... Read More
General Electric (GE) is flexing its muscle up 3% following better than expected earnings. GE beat by 5 cents as revenues rose 6.6% to $28.66 billion. The company also reiterated guidance for the full year. GE continues to reduce expenses to maintain and... Read More
Amazon (AMZN) still kicking butt. Amazon is up 2% approaching its 52 week high after revealing its Amazon Prime subscription program exceeds 100 million members worldwide. The analyst at GBH Insights analyst said the big round number "speaks to how powerful... Read More
United Continental (UAL) adding some positive news to the airline industry. United is trading up 6% to a one month high after raising guidance for the quarter and full year. United sees improving sales, improving profit margins while fuel costs are under control.... Read More
Netflix (NFLX) shares are on fire. The stock is up 9% to new highs following better than expected earnings. Top-line sales rose 50% year over year to $3.7 billion. The streaming-video giant added 1.96 million net new subscribers in the U.S. along... Read More
Charles Schwab (SCHW) one of the few financials trading higher. Schwab is up 2.5% thanks to strong earnings up 39% year over year. Trading activity in the first quarter jumped 40% year over year, while new accounts totaled 443,000, the highest quarterly level in 18 years. New customers for... Read More
Tech rebound. Chipmaker, Broadcom (AVGO) is up 4% to a one month high after announcing a massive share buyback plan designed to boost shareholder returns. The San Jose, Calif.-based company announced late Thursday that its board of directors has authorized the repurchase... Read More
BlackRock (BK) leading the financial rally. The ETF leader is up 3% today thanks to better than expected earnings. Blackrock easily beat earnings estimates by 31 cents as sales rose 16% to $3.58 billion. The company reported $6.316 trillion in assets under... Read More
Netflix (NFLX) not lost in space. Netflix is up 3% ahead of earnings next week following an upgrade at Goldman with a $360 price target. Goldman predicts Netflix will post subscriber gains above expectations this year. Read More
It doesn't Pay to be public. Payments company, VeriFone (PAY) is jumping 50% agreeing to be taken private for $2.6 billion in cash. In its most recent annual report, Verifone reported a lost of $174 million,... Read More
AveXis (AVXS), one of the leaders in replacement gene therapy, is trading up 81% after agreeing to be acquired for $8.7 billion or $215 in cash by Novartis. The deal is a strong endorsement of the developing biotechnology. AveXis has probably the... Read More
NetApp (NTAP) is up 2% on a large share buyback. The data-storage technology pioneer is just under its 52 week high after a positive annual shareholder meeting. The board of directors authorized an additional share repurchase of $4 billion or 23% of... Read More
Energy looks good. One of the few sectors to trade higher last month, Canadian oil sands company, Suncor Energy (SU) is jumping 4% to a two month high thanks to an upgrade with a $41 price target. Suncor has been outperforming the rest... Read More
Lennar (LEN) is ready for the spring housing season. The No.2 U.S. homebuilder is up 9% after raising the number of houses they expect to sell this year ahead of the crucial spring selling season. The homebuilder said it would sell 45,765... Read More
Spotify Technology (SPOT) is public. The Global music-streaming giant cane public today up 18% from the pre IPO pricing, but down 9% from its first trade. The company is using a so-called direct-listing process. That means it will let existing shares... Read More
Walmart thinking outside the box after considering to buy healthcare provider, Humana (HUM). Humana is bucking the trend up 3.8% on the news, one of the few S&P 500 companies trading higher. Walmart already operates 4,700 in-store pharmacies and a number of... Read More
Time to celebrate. Constellation Brands (STZ) is up 3% not far from all-time highs following better than expected earnings thanks to strong demand for its Corona and Modelo beers and premium wines. Rising demand for premium wines and imported... Read More
Defensive stocks look good. As tech takes a hit, defensive stocks look good. AT&T (T) and Verizon (VZ) are both up 1.5% on upgrades. Tobacco stocks, Phillip Morris (PM) and Altria (MO) are both up 2%. Consumer staples, Colgate (CL), P&G (PG), Kimberly... Read More
Will Warren Buffett and Berkshire Hathaway safe the beleaguered manufacturer, GE? General Electric (GE) is up 5% on market chatter that the billionaire investor, Warren Buffett will take a position or buy the whole company. In the past, Buffett has spoken to the... Read More
Finish Line (FINL) is done with their race. The shoe and clothing retailer is up 29% after agreeing to be acquired by the U.K.'s JD Sports Fashion Plc. Under terms of the deal, JD will pay $13.50 in cash for each Finish... Read More
New IPO, Dropbox (DBX) is the diamond of the day. The stock is up 39% after being priced at $21 a share, the biggest tech IPO in more than a year. The San Francisco-based company is a free service to share and store photos, music and other... Read More
Guess (GES) not guessing anymore. The clothing retailer is up 24% following better than expected earnings and raised guidance for the year. Guess is still struggling in the Americas, but it's offsetting its domestic sales declines with robust growth in Asia and... Read More
Chip and chipmakers continue to climb. Applied Materials (AMAT) is up 3% not far from a 52 week high thanks to an upgrade at Bank of Amercia /Merrill with a $80 price target. Applied Materials is one of the leaders in the... Read More
Energy looks good. The worst performing sector in 2017 and year to date is getting a bounce today. Conoco (COP) is up 2%, EOG and Apache (APA) are up 3% and South American oil company, Geopark (GPRK) is up 4% as the price of oil moves to... Read More
The sun is shining on Canadian Solar (CSIQ) following better than expected earnings. The solar company is up 4% beating on earnings and sales. Revenue rose 65.9% year over year to $1.11 billion. The company also issued upside guidance for Q1 with... Read More
Dollar General (DG) surged following earnings, improved 2018 outlook and a buyback. Dollar General is up 5% on lackluster earnings. Four quarter earnings were inline as sales rose just 2% to $6.13 billion. But Dollar General dramatically boosted 2019 guidance, increased their dividend... Read More
Ford (F) revs higher after rare 'Double Upgrade' from Morgan Stanley. Ford is up 3% to a two month high after Morgan Stanley's analyst lifted his rating on Ford two notches, to "overweight" with a price target of $15 per... Read More
Bad news for Broadcom may be good news for Intel (INTC). The world's number 2 chipmaker is up 4% to new highs on speculation they will be able to buy out rival, Qualcomm after Broadcom was blocked from buying the company. The... Read More
Micron (MU) on a roll. The DRAM maker is leading the chips and the tech sector higher today, up 8% thanks to an upgrade at Nomura Instinet with a new price target of $100 a share up from $55.... Read More
Netflix (NFLX) is on a roll. What some are calling the second coming of Disney, Netflix is up 2% on an upgrade today and up 60% year to date. Piper Jaffray analyst, Michael Olson raised his 12-month price target to $360 from... Read More
Steve who? Wynn Resorts (WYNN) is trading up 5.5% thanks to a mid-quarter update following the removal of their CEO and founder, Steve Wynn. Halfway through the quarter, Wynn Resorts is seeing 27% and 34% earnings growth thanks to their two Macau resorts. Wynn Macau resort is seeing... Read More
Autodesk (ADSK) in auto drive. The design software titan jumped 15% to new highs following better than expected earnings. Both revenue and earnings came in above expectations, overshadowing first-quarter 2019 guidance that fell a bit short. Sales rose 15.7% year over year... Read More
The chips are rolling again. DRAM maker, Micron Tech (MU) is up 3.8% to a new high thanks to positive analyst comments from Goldman. Micron was up 6% yesterday breaking out of its trading range on positive comments from Bank of America. In a down market, the chip sector... Read More
XL Group (XL) making an extra-large move today. The property and casualty insurer XL Group is up 29% after agreeing to be bought out by French insurance giant AXA for$15 billion. The deal gives AXA access to Bermuda-based XL's extensive U.S. operations. The purchase will make AXA... Read More
Ambarella (AMBA) moving past GoPro. The video-processing chip company jumped 13% following better than expected earnings. The company beat by 8 cents as revenues fell 19.3% year over year to $70.6 million. Ambarella also issued downside guidance for Q1, but investors seem to be relieved it wasn't worse. Ambarella... Read More
Salesforce (CRM) remains in the clouds. The cloud computing pioneer is up 3% to new highs thanks to better than expected earnings. The company beat earnings by a penny as revenues rose 24.3% year over year to $2.85 billion ahead of estimates. Salesforce also raised quarterly and full year... Read More
Retailers and TJX look good so far in 2018. The parent of T.J. Maxx, Marshall's, and Home Goods is up 7% thanks to better than expected earnings. The company beat earnings estimates and more importantly beat sales estimates and lifted guidance for the first quarter and full year. The... Read More
A miracle on 34th Street. Macy's (M) is up 7% thanks to a strong sales in the holiday season and upbeat outlook for 2018. Macy's and other department stores are revamping their businesses, from closing poorly performing stores to changing their product lineups to... Read More
Warren Buffett puts Apple's stock near breakout territory. Samsung releases their new Galaxy s9 phone today, but Apple (AAPL) is stealing the show jumping 2% not far from their 52 week high on positive comments from Warren Buffett. The Oracle of Omaha said in the interview that Berkshire Hathaway... Read More
Blue Buffalo (BUFF) all rosy today. The pet product company is up 16% after agreeing to be acquired by General Mills for $8 billion. This is General Mills first foray outside of food for human consumption, but feeding animals could bring a... Read More
Avis Budget (CAR) up 13% following earnings. The rental-car company swung to a profit in the fourth quarter as sales beat forecasts. Avis said it earned $220 million, or $2.65 a share, in the quarter, versus a loss of $31 million, or 35 cents a share, in the year-ago... Read More
Advance Auto Parts (AAP) likes cold weather. The auto parts company is up 10% after reporting better than expected earnings thanks to above-average demand for car batteries, wipers, and other parts. The company predicted better sales in those items to carry forward into the first quarter of the year... Read More
Home Depot (HD) one of the few Dow components trading higher. Home Depot easily beat earnings estimates as revenues rose 7.5% year over year to $23.88 billion. Comparable store sales for the fourth quarter of fiscal 2017 were positive up 7.5%. The home... Read More
Deere is (DE) sprinting higher. The industrial tractor company is up 3% to a new high following better than expected earnings and guidance. Deere easily beat estimates by 11 cents as revenue rose 27.2% year/year to $5.97 billion. Deere issued upside guidance for Q2 with sales growth of 30-40% above... Read More
Bristol-Myers (BMY) breaking out to new 52 week high. Bristol is up 5% thanks to positive Phase 3 data on the Opdivo-Yervoy combination therapy demonstrating superior progression-free survival over chemotherapy. These drugs will play a meaningful role in first-line lung cancer, which is the largest cancer market. The Morgan... Read More
Fossil (FOSL) skyrocketed over 70% following better than expected earnings. The fashion designer reported adjusted earnings of $0.64 per share on revenue of $929.8 million, soaring past Wall Street's expectations of $0.38 per share and $889.7 million. Sales of wearables grew 40%... Read More
Under Armour (UAA) flexing its muscles. Under Armour is up 16% to a three month high following earnings. The earnings were inline, but revenue for the quarter grew 5%, or 4% excluding currency changes, to $1.365 billion ahead of expectations. International revenue jumped 47% offsetting a 4% decline in... Read More
Stocks rebound. The cash rich companies like Apple (AAPL) and Cisco (CSCO) are rebounding 2% after last week's drumming. Apple has 20% of their market cap in cash while Cisco has 15% of their market cap in cash. With large share... Read More
Nvidia (NVDA) keeps shining. The chipmaker is up 3% following much better than expected earnings. The company beat estimates by 40 cents as revenue rose 34% year to $2.91 billion well ahead of estimates. Nvidia also dramatically raised guidance for the first... Read More
Twitter (TWTR) moving higher. The social network company is up 15% to a two and a half year high after beating earnings estimates as revenue rose 2% year over year to $731.6 million well above estimates. International revenue totaled $326 million, an increase of 17% year-over-year. Total ad engagements... Read More
Investors snapping up SNAP (SNAP). The camera social network company is up 38% following better than expected earnings. Snap reported better than expected earnings as revenue rose 72% to $285 million above estimates. Daily active users (DAU) increased 8.9 million... Read More
Micron (MU) led the chips higher after raising guidance following the departure of their CFO. The DRAM maker rose 11% after raising second quarter guidance to $2.70 -2.75 verse estimates of $2.56 a share. Revenue of $7.20-7.35 billion is also above... Read More
Federal Reserve restricts Wells Fargo's (WFC) growth until the firm improves governance and controls. Wells Fargo is down 6% to a two month low after the Federal Reserve over the weekend would restrict the bank's assets to the level where they stood... Read More
Amazon (AMZN) is one of the few stocks trading higher today. Amazon is up 5% to new highs and up 50% in the last two and a half months following earnings. The E-commerce giant blew away earnings last night reporting $3.75 a... Read More
Spin-offs going in different directions. eBay (EBAY) is jumping 6% following better than expected earnings. Revenue rose 9.1% year over year to $2.61 billion. The company is raising guidance for the first quarter and for the full year. eBay's board of directors authorized an additional $6.0 billion stock repurchase... Read More
Boeing (BA) leading a rebound in the markets. The world's biggest plane maker, Boeing is up 5% to new highs thanks to better than expected earnings. Boeing easily beat expectations as sales rose 8.9% year/year to $25.37 billion. Boeing shipped between 810 and... Read More
At least one healthcare stock is up. HCA Healthcare (HCA), the largest U.S. for-profit hospital operator, is up 5% to new all-time highs following earnings. HCA reported $2.12 per share, excluding non-recurring items, 25 cents better than expectations. Revenues rose... Read More
Dr Pepper Snapple (DPS) is bubbling higher. Dr. Pepper is up 24% after Keurig Green Mountain agreed to buy them for more than $21 billion (£15 billion), bringing the world's biggest single-serve coffee brand, K-Cup, and beverages such as 7UP, Snapple and Sunkist under one roof. The deal is... Read More
Intel (INTC) shares back to dotcom levels. Chipmaker, Intel is up 9% to an 18 year high thanks to strong quarterly profits. The world's biggest PC chipmaker is continuing to shift business to data centers which grew 20 percent to $5.58 billion... Read More
3M (MMM) leading the Dow to new highs. The Minnesota Mining and Manufacturing Company is up 2.6% to all-time highs thanks to better than expected earnings. Broad-based organic growth across all segments allowed the company to beat earnings by 7 cents as... Read More
Abbott Labs (ABT) is performing well up 4% to all-time highs after beating earnings and sales estimates while also guiding full year 2018 estimates in line with consensus. The company issues upside guidance for the first quarter. Abbott repaid $4.0 billion of... Read More
Netflix (NFLX) is catching up to Disney. Netflix is jumping 10% to new highs following better than expected earnings, sales and subscription numbers. The Internet cable company reported in line earnings as sales rose 32.6% year over year to $3.29 billion. International revenue grew 59% year over year. The... Read More
Juno is jumping. Biotech, Juno Therapeutics (JUNO) is up 26% today after jumping 55% last week on now confirmed rumors that Celgene will acquire them to for $9 billion, or $87 a share in cash. Celgene said the deal, expected to close... Read More
Kohl's (KSS) is on a tear. After a year that most retailers would like to forget, 2018 and December/November of 2017, have been good to the old box retailers. Kohl's jumped 4% today after Jefferies raised their price target to $100 from... Read More
Cable companies in play. CBS (CBS) up 3%, Viacom (VIAB) is up 3% and Verizon (VZ) is up 2%. Shari Redstone, vice chairman of CBS, is pushing for Moonves, CEO of the broadcaster, to once again consider a merger with Viacom to combine the two companies... Read More
Big Blue looks good ahead of earnings. IBM is up 2% ahead of earnings tomorrow thanks to an upgrade at Barclays with a $192 price target. The analyst thinks the narrative can favorably shift for shares of IBM after years of... Read More
Merck (MRK) leading the Dow to another new high. Merck is up 7% thanks to drug trails for their blockbuster drug Keytruda and two chemotherapy medicines that helped lung cancer patients live longer while also stopping the disease from advancing. Merck received... Read More
Home is where the heart is. Over the past few months, Home Depot (HD) has been on the rise, increasing by just under 2% from the previous day. The home-improvement store has increased 41% in the past year, experiencing positive economic growth due... Read More
Netflix (NFLX) at new highs thanks to a bullish upgrade. The stock rose 2% as one analyst upgraded the stock with a $245 target saying in the next 3-5 years Netflix is likely to become the second biggest media company by revenue... Read More
Kodak (KODK) joining the blockchain craze. The paper and photocopy company rose 220% yesterday and is up 66% today after announcing they will launch a KODAKOne image rights management platform and a cryptocurrency called KODAKCoin to enable photographers and agencies to control... Read More
Target (TGT) back on target. Retailer, Target is up 4% after raising fourth quarter guidance to $1.30-1.40 from $1.05-1.25 a share. Fourth quarter comps rose 3.4% versus prior guidance of flat to up 2%. Comparable sales were positive and accelerated from the... Read More
Seagate Technology (STX) jumping 6% on a rumored investment in the digital currency, Ripple. The tech firm invested in two of Ripple's fundraising rounds, according to statements on the cryptocurrency company's website, though it's unclear whether it still has a stake. A... Read More
Xilinx (XLNX) charges ahead. Share prices of this programmable chip company have risen almost 5% on the back of an announcement yesterday that CEO Moshe Gavrielov will be stepping down, to be replaced by Victor Peng, the former COO. Peng... Read More
GE (GE) leading the Dow higher. The oldest Dow component was up 2% today and up around 6.5% year-to-date, outperforming the rest of the market in a big way. No news to push the stock higher, but as the worst Dow component in... Read More
Range Resources (RRC) trying to break out of its range. The natural gas stock is up 5% thanks to encouraging update with respect to its Trinidad operations. After a disastrous 2017, Range is looking forward to 2018 with improving pricing and results... Read More
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