Ninety-four percent of the analysts who follow Alphabet, Google’s parent company, rate it at Buy. David Paul Morris/Bloomberg Text size Investors usually have to pay up to get high-quality stock...
Tag: consumer goods
Redbox Is About to Be Acquired. The Stock Remains Crazily Overvalued.
Text size Redbox was hurt by a bet that theater releases of films would surge in a postpandemic world. Dreamstime The end is near for Redbox , and some investors are about to take a substantial hit as...
Norwegian Stock Sinks as It Predicts Losses to Continue
Text size The cruise company predicted it would continue to be unprofitable in the third quarter. Alexandre Meneghini/Reuters/Alamy Shares of Norwegian Cruise Line Holdings fell sharply Tuesday after ...
Novavax slashes sales guidance in half, stock plunges 34%
Novavax Inc. executives slashed their annual sales guidance in half Monday while wildly missing financial expectations, sending shares down more than 30% in after-hours trading. Novavax NVAX, -5.01% n...
Nvidia Loses Its Game – WSJ
Give Nvidia a bit of credit for knowing to get the bad news out early. It came in the form of a warning Monday morning that revenue for the fiscal second quarter ended July 31 would be about 17% below...
Disney, Coinbase, BioNTech, Rivian, and Other Stocks to Watch This Week
Text size Second-quarter earnings season continues this week, while a pair of July inflation figures and consumer sentiment surveys will be the highlights on the economic-data calendar. On Monday, Tys...
Before Crypto Lender Celsius Crashed, CEO Alex Mashinsky Was Known for Big Ideas and Battles
For some 30 years, Alex Mashinsky barreled into whatever was the hot technology of the time, promising revolutions in long-distance calling, airport rides and, most recently, crypto. He often left a t...
Why Our Summer Corn Is Ever Sweeter
Few summer treats feel quite as timeless as a whole, sweet corn on the cob. It seems to belong to an older, simpler way of eating, in which no cutlery is required (unless you insist on using those tin...
Disney, Coinbase, BioNTech, Rivian, and Other Stocks for Investors to Watch This Week
Text size Second-quarter earnings season continues this week, while a pair of July inflation figures and consumer sentiment surveys will be the highlights on the economic-data calendar. On Monday, Tys...
Beyond Meat Plans to Lay Off 4% of Global Workforce
Beyond Meat is cutting 4% of its global workforce, saying the layoffs are part of its plan to reduce costs as inflation prompts consumers to buy less-expensive protein. The California-based company, w...
AMD Stock Is Dipping. Why Analysts Say to Buy.
Text size An AMD central processing unit for a desktop PC. Alamy Wall Street is telling investors to buy Advanced Micro Devices shares any time they fall. Analysts believe the chip maker’s second-quar...
Beyond Meat’s cash burn is putting the stock at risk of falling to $0, warns New Constructs
Beyond Meat is the latest addition to the list of “zombie stocks” compiled by independent equity research firm New Constructs. The research firm, which uses machine learning and natural language proce...
Opinion: The FAANMGs have been whittled down to the fantastic four
The anticipation of second-quarter Big Tech earnings was palpable. With a broad set of indicators pointing to a slowdown in the global economy, the highest inflation in four decades and a big jump in ...
Royal Caribbean Stock Tumbles on $900 Million Notes Offering
Text size Cruise lines had to to take out significant debt during the pandemic to stay afloat. Pau Barrena/AFP via Getty Images Royal Caribbean Group stock tumbled after the company said it had starte...
This strategist said hold on to stocks at the June lows. Now he says it’s time to cut exposure.
July has been a sensational month for stocks — the S&P 500 SPX, +1.42%, Nasdaq Composite COMP, +1.88%, even the beleaguered small-caps in the Russell 2000 RUT, +0.65%, are each on track for their ...
Taiwan Semiconductor Stock Will Benefit From Spending Spree
Taiwan Semiconductor Manufacturing is hedging its geographical bets, with large new fabs planned for the U.S. and Japan. Here: a TSMC chip at a 2020 semiconductor conference in China. Str/AFP/Getty Im...
Procter & Gamble Sounds a Warning After Strong Quarter
Updated July 29, 2022 9:17 pm ET Listen to article (2 minutes) Procter & Gamble maker of Tide detergent and Pampers diapers, is predicting the slowest sales growth in years as consumer belt-tighte...
Intel’s pain could be AMD’s gain
After a disastrous earnings report from Intel Corp. that acknowledged a big drop in data-center sales and internal mistakes, Advanced Micro Devices Inc. is expected up to show off exactly the opposite...
Roku Stock Is Heading For Its Biggest Drop Ever. Analyst Calls Earnings Awful.
Text size Roku reported revenue of $764.4 million in the latest quarter. Wall Street was expecting $804 million. Dreamstime Roku stock cratered after the video-streaming company’s earnings fell far sh...
Intel Stock Will Plunge Further, Analyst Says
Text size Intel posted June-quarter financial results that fell far short of Wall Street estimates. David Paul Morris/Bloomberg Bernstein doesn’t believe Intel ’s troubles are behind it after the chip...
Intel earnings slammed on Wall Street: ‘Such a disconnect between the company’s optimism and the current reality’
Intel Corp. drew sharp criticism from analysts after the company reported results that were disappointing on many fronts, indicating a storm of macroeconomic, competitive, and execution challenges. Th...
Nvidia is hit by another ‘crypto hangover,’ and that isn’t the only problem
While in high demand and short supply for the first two years of the pandemic, Nvidia Corp.’s gaming cards have been hit by declines in three separate pandemic booms in 2022: Personal-computer sales, ...