Diamonds and Dogs


Going to the mattresses. The bed maker, Sleep Number (SNBR) is jumping 11% to new highs following blow out earnings as sales rose 12%. The company also raised estimates for the full year as people spend their stimulus money on new mattresses.

Fastly (FSLY) taking a hit. The cloud platform stock is down 25% after the company warned that September quarter revenue would fall short of its own forecasts amid the Trump administration's political pressure on its largest customer, social media platform TikTok. TikTok accounted for about 12% of revenue for Fastly in the June quarter.

Diamonds and Dogs market commentary is a journal of daily observations on anything that happens to be of interest to our author. Obviously, our primary focus is the stock market and world economic events, but for this page we have no defined topics. We want this page to be dedicated to the interests, concerns, and possibly to the financial gain of our clients and friends. All comments contained herein are for informational purposes only, and should not be considered as a solicitation to buy or sell any security. The firm does not guarantee the accuracy or completeness of the information or make any warranties regarding results from it's usage.