Cava's Public Debut: A Catalyst for Restaurant IPOs The stock market has experienced a slow initial public offering (IPO) market in recent times due to various factors such as geopolitical tensions, inflation concerns, rising interest rates, and fears of an...

BlackBerry Expects Increased Revenue and Growth in the Next Three Years BlackBerry Ltd. is a well-known company in the technology world, providing innovative solutions for the Internet-of-Things and cybersecurity. The company recently announced that it expects a significant increase in...

US Stocks Gain as S&P 500 Nears Bull Market Territory On Tuesday, June 6, 2023, the US stock market closed on a positive note, with the S&P 500 making significant strides towards a bull market. The S&P 500 index (^GSPC)...

Excitement Builds: Apple's Newest Launch and More Apple's Worldwide Developers Conference (WWDC), scheduled to commence at 1 p.m. ET on June 5, has generated immense excitement with rumors suggesting that it could be one of the most significant events in...

Advanced Drainage Systems (WMS) experienced a surge in stock price of almost 13% over the past five trading days, following the release of their fourth-quarter earnings report. Despite a decrease in net sales by almost 9% year-over-year to just below...

Investors interested in beverages and soft drinks stocks have likely come across Coca-Cola European (CCEP) and Dutch Bros (BROS). But which of these two stocks is more attractive to value investors? In this article, we'll take a closer look to...

Elon Musk, the CEO of Tesla, has expressed concerns about the Federal Reserve's monetary policy decisions in an interview with CNBC's David Faber. According to Musk, the Fed was too slow to raise interest rates, and it will likely be...

Tesla CEO Elon Musk recently shared his opinion on the Federal Reserve's monetary policy in an interview with CNBC's David Faber. According to him, the Fed has been too slow to increase interest rates and will likely be too slow...

Tesla CEO Elon Musk announced on Tuesday at the automaker's 2023 annual shareholder meeting that there are two new electric vehicles in the pipeline. Musk even claimed that Tesla is already in the process of building a new product. The...

Trane Technologies plc (TT) is a leading manufacturer of heating, ventilation, and air conditioning systems, as well as commercial and residential building services. The company is currently undergoing a business transformation to achieve cost savings and improve its earnings in...

Investors interested in Automotive - Original Equipment stocks may have come across Commercial Vehicle Group (CVGI) and Ferrari (RACE). However, which of these two stocks offers better value for investors? To answer this question, we need to take a closer...

Rivian Automotive (RIVN) is expected to beat earnings estimates with favorable revisions, according to recent analyst reports. The company is set to release its earnings soon, and analysts' revisions suggest that the stock is poised for positive trends. This is...

Theme park operator Six Flags Entertainment Corp. recently announced its plans to test a surge pricing program for single-day tickets. The program will be piloted in select parks during the upcoming peak summer season, with the aim of increasing revenue...

Introduction Gold prices have seen a decline due to stronger-than-expected U.S. payrolls data, which tempered expectations of interest rate cuts from the Federal Reserve. However, weak inflation data could boost gold prices. Additionally, the warning from U.S. Treasury Secretary Janet...

Teekay Tankers Shares Surge after Q1 Earnings Report Shares of Teekay Tankers, an oil shipping company, rose by as much as 14.9% in trading on Thursday following the release of its Q1 2023 financial results. The company reported a net...

Credit Suisse is facing questions over whether a "governmental intervention credit event" occurred, after the Credit Derivatives Determinations Committee (DC) accepted to investigate the matter. The DC in Europe now has to determine the specifics of the subordination of Credit...

Alan H. Shaw, the President and CEO of Norfolk Southern Corporation, will be presenting at the Bank of America 2023 Transportation, Airline, and Industrial Conference on May 18, 2023, at 10:00 a.m. ET. The conference will be available to join...

Torex Gold, an intermediate gold producer based in Canada, has reported strong Q1 2023 results, with gold production of 122,918 oz driven by a record milling rate of 13,073 tpd and a record mining rate at ELG Underground of 1,738...

Xenon Pharmaceuticals Inc., a company that focuses on developing treatments for neurological disorders, will be presenting at the 2023 RBC Capital Markets Global Healthcare Conference on May 16-17, 2023. The event will take place in New York, and Xenon Pharmaceuticals...

The Rise and Fall of Peloton's Stock Peloton Interactive Inc. went public in September 2019 with an initial public offering price of $29 a share. The shares reached their all-time high of $167.42 on Jan. 13, 2021, as the stay-home...

The Internet Services industry is a diverse sector that relies on massive software and hardware infrastructure to deliver various services to consumers. The pandemic has accelerated the digitization of different aspects of daily life, which has altered the course of...

Disney announced on Wednesday that it would be adding Hulu content to its Disney+ streaming app. The announcement was made alongside the company's fiscal second-quarter earnings, which reported $21.82 billion in revenue, up 13% from the same period last year...

Oatly Group’s Q1 Financial Results Oatly Group, the Swedish-based producer of dairy alternatives made from oats, has reported its Q1 financial results, which have exceeded expectations. Revenue for the quarter ending March 31, 2023, saw a year-over-year increase of 17.7%,...

Axon Enterprise, the Taser maker, released its first-quarter earnings report on Wednesday. The report revealed that earnings and sales beat Wall Street estimates, and the company increased its 2023 guidance. Despite this positive news, gross margins in the quarter declined,...

Exela Technologies, a global leader in business process automation, is set to host a conference call with the financial community to discuss the results for the first quarter of 2023. The call will be held on May 11, 2023, at...

Lincoln National (LNC) reported a decline in revenue for the first quarter of 2023, with a year-over-year drop of 1.3% to $4.66 billion. The earnings per share (EPS) for the same period were $1.52, compared to $1.66 a year ago....

Chinook Therapeutics, a drug development company in the Zacks Medical - Drugs industry, recently announced a quarterly loss of $0.85 per share, missing the Zacks Consensus Estimate of a loss of $0.80. This is a significant drop from the loss...

Shares of Skyworks Solutions Inc (NASDAQ: SWKS) have fallen by 5% after the US chipmaker disappointed investors with its guidance for the current financial quarter. Additionally, BMO Capital Markets analyst Ambrish Srivastava has downgraded the stock to “market perform”, citing...

Lucid Motors reported its first-quarter earnings, and the results were not exactly what investors were hoping for. As a result, the company's stock opened lower by about 10%. During Q1, Lucid manufactured 2,314 vehicles and delivered 1,406 of them. The...

PayPal was one of the companies that thrived during the pandemic, as consumers were forced to depend more on online transactions. The company's revenue shot up from $17.8 billion in 2019 to more than $25 billion in 2021. Shares of...

On Thursday, Toronto-Dominion Bank (TD) and First Horizon called off their $13.4 billion merger, citing regulatory-approval hurdles. While no specific reason was given, sources familiar with the matter say that TD's handling of suspicious customer transactions was the underlying issue....

Twilio Inc. (TWLO - Free Report) is set to announce its first-quarter 2023 financial results on May 9. The company expects revenues in the range of $995 million to $1.005 billion for the first quarter. The Zacks Consensus Estimate for...

Assurant: A Reliable Dividend Play in the Finance Sector Investors dream of getting big returns from their financial portfolios, whether through stocks, bonds, ETFs, other securities, or a combination of all. However, for income investors, their primary focus is generating...

The banking sector has been faced with various challenges in recent months, including deposit declines and bank failures. Despite these obstacles, the sector has remained stable, and investors have expressed confidence in the industry. Deposit Declines Reported Among Banks During...

Arizona Silver Exploration Appoints Tom Peregoodoff as Advisor to Board of Directors Arizona Silver Exploration Inc has recently appointed Tom Peregoodoff, CEO of Apollo Silver Corp, as an advisor to the company's board of directors. With over 30 years of...

On May 9, 2023, Wynn Resorts, Limited (WYNN) is set to report its first-quarter 2023 earnings after the closing bell. Last quarter, the company experienced a negative earnings surprise of 5.1%. How Are Estimates Placed? The Zacks Consensus Estimate predicts...