Cisco’s Weak Outlook Impacts Competitors
Shares in Cisco’s rivals, Juniper Networks and Arista Networks, took a hit following Cisco's dismal outlook for the future. However, KeyBanc analysts suggest that the impact on these competitors may…
TJX Cos. Stock Falls on Below-Estimate Q4 Guidance
TJX Cos. (TJX) stock experienced a 1.2% drop in premarket trading on Wednesday following the release of fourth-quarter guidance that fell short of analyst estimates. Despite this, the retailer reported…
TJX Cos. Stock Falls on Below-Estimate Q4 Guidance
TJX Cos. (TJX) stock experienced a 1.2% drop in premarket trading on Wednesday following the release of fourth-quarter guidance that fell short of analyst estimates. Despite this, the retailer reported…
Anheuser-Busch InBev S.A. ADR Reports Gains
The Anheuser-Busch InBev S.A. ADR (BUD) stock witnessed a notable rally of 2.55% to reach $61.23 on Tuesday. This surge took place amidst a favorable trading session for the overall…
U.S. Food Stocks Rebound as Concerns Overweight Loss Drugs Subside
Bernstein Analysts Upgrade Kraft Heinz and J.M. Smucker Stocks Bernstein analysts have recently upgraded the stock of Kraft Heinz Co. (KHC) to outperform from market perform, as well as the…
AMC Entertainment Holdings Inc. Reports Strong Q3 Results
AMC Entertainment Holdings Inc. posted impressive third-quarter results, boosting the U.S. movie theater industry on Thursday. The popular movie theater chain turned a profit, reporting positive net income for the…
The Decline of the Magnificent Seven: $1.2 Trillion Lost in Market Capitalization
The highly influential "Magnificent Seven," a group of megacap technology stocks, has experienced a colossal loss in value since reaching its peak at the end of July. According to an…
The Contrasting State of the Payments Sector
The payments sector has recently been presented with two contrasting pictures. While Visa, the global payment technology company, reported positive consumer spending, French payments company Worldline faced a plunge in…
Bitcoin and Cryptocurrencies Steady Amid Stock Market Turmoil
Bitcoin and other cryptocurrencies continue to make gains, defying the turbulence in the stock market that would have previously shaken the crypto market. Analysts believe that the growing perception of…
Waste Management Shares Soar Following Strong Q3 Earnings
Shares of WM, formerly known as Waste Management, experienced their biggest surge in three years after the company exceeded third-quarter earnings expectations and raised its guidance on free cash flow.…
Solar Power Stocks Face Decline in Europe
Solar power stocks took a sharp hit in after-hours trading on Thursday following a concerning announcement from solar-equipment manufacturer, SolarEdge Technologies. The company revealed a significant slump in demand for…
Stocks Close Lower as Bond Sell-Off Resumes and Inflation Heats Up
Stocks closed lower on Thursday, putting an end to a five-session winning streak, as a selloff in U.S. bonds picked up again and September's consumer price index revealed higher-than-expected inflation.…