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Cisco stock ended the week 9.19% lower after issuing revenue guidance below Wall Street views. CEO Chuck Robbins cited a slowdown in new orders due to an implementation phase. Extreme Networks and...
Walmart WMT falls on soft guidance but sets up for another run at new all-time highs. The world's largest retailer is outperforming its major competition and guiding for growth. Target continues to...
General Electric's stock achieved a six-year closing high on November 16. The stock has posted a 78.67% gain this year, outperforming the S&P 500's 17.28% increase. GE is the top-performing stock...
Off-price retail hit its stride in Q2 and made headway in Q3, producing growth and a wider margin. The TJX Companies outperformed for the quarter and provided cautious guidance. Analysts are driving...
Block reported 24.4% YoY revenue growth for Q3 2023 and an EPS beat by 8 cents, with Cash App generating 34% YoY revenue growth to $3.58 billion with $984 million in gross profits, up 27% YoY. Block...
Western Digital has a more aggressive growth strategy for its solid-state drives (SSD) and Cloud business. Still, like Google, it also experienced quarter-over-quarter (QoQ) deceleration in Cloud...
Occidental Petroleum posted another solid quarter of FCF, debt reduction, and repurchases. Berkshire Hathaway continues to up its stake in the company. Dividends, share repurchases, and dividend...
GSK is a value and high yield among pharma stocks. The company's new RSV vaccine and the dominance of Shingrex underpin the results. The low beta stock is trading at critical support, shows signs of...
Regional banks closed lower after a privately held regional bank in Iowa was closed by the Iowa Division of Banking. Bad loans to the beleaguered trucking industry appear to be the culprit behind the...
Guidance is a driving force for equity markets but can often cause odd reactions in stock prices. United Parcel Services is moving lower after lowering guidance 3 times this year. AbbVie is...
Alphabet reported a Q3 2023 EPS beat of 9 cents on 11% YoY revenue growth to $76.69 billion. Google Cloud Platform (GCP) revenues grew 22% but decelerated from the 28% YoY growth it had in Q2 2023,...
Service Now results point to solid results from other cloud service names. Stocks like Datadog are beaten down despite an expectation for solid growth in 2024. Snowflake serves both sides of the AI...
First Solar outperformed peer Enphase in Q3, and shares are responding favorably. Analysts see the stock rising double-digits at the low end of their range. A fortress balance sheet and balanced...
Keeping a watchlist during market downturns is crucial, as stocks that weather corrections best often lead in the next rally. Resilient Dow stocks include Microsoft, Amgen, UnitedHealth Group, IBM,...
Advanced Micro Devices shares fall on weak guidance, but an inflection point is at hand. Q4 guidance is weak, but ramping AI chip production is expected to drive $2 billion in new sales next...
Caterpillar shares are down despite posting solid results and capital returns. Analysts see the stock moving higher, but there are concerns of slowing growth. Widening margins and an outlook for...
Spotify is the world's leading streaming music service, garnering an estimated 30.5% market share, followed by Apple Music and Amazon Music with a 13% market share. Spotify grew its monthly active...