font size Networking giant Cisco Systems reported fourth-quarter earnings and sales that beat analyst estimates. Gabriel Boyes/AFP via Getty Images Stock futures traded with slight gains on Thursday after Wall Street closed lower following the release of minutes from the Federal Reserve’s July meeting which indicated that officials think they [...]
Jim Cramer, well-known financial analyst and host of the popular CNBC show “Mad Money,” is a personality known for his outspoken opinions and a proven track record in the financial markets. Kramer has recently researched the art market and its potential as a solid investment option, particularly in times of [...]
Analysts downgrading a stock is a daily occurrence, certainly nothing out of the ordinary. But the big news is that respected stocks with a large following are also the subject of the cuts. This week began with downgrades of three popular real estate investment trusts (REITs) across three different sub-sectors. [...]
The most important news of the day about NVIDIA Corporation (NASDAQ: NVDA) is about the competitive landscape of the semiconductor industry and the company’s strategic moves in the market. NVIDIA AI Chips: Game Changers for Data Centers: NVIDIA CEO Jensen Huang emphasized the economic advantages of the company’s AI chips [...]
(Bloomberg) — Shares of Adyen NV fell after increased competition in North America contributed to the slowest revenue growth since its initial public offering. Most Read from Bloomberg Shares fell the most on record, dropping 23% to €1,140.80 at 10:29 am in Amsterdam. The Amsterdam-based financial technology company said Thursday [...]
font size The problem with PayPal is that consumers are returning to pandemic spending patterns with fewer online orders. Courtesy PayPal The applause for PayPaa’s new boss didn’t last long. The payment giant’s stock got a small bump when it announced this gut instinct CEO Alex Kress will take over [...]
Zim Newark serves Asian and Gulf Coast trade. (Photo: Shutterstock/Daniel Wright98) More bad news from Zim, the world’s 10th-largest container-line operator and a major player in Asia-U.S. trade on the East Coast: After lowering its guidance for the full year in July, it posted a much bigger loss in the [...]
New PayPal (PYPL) CEO and Dan Schulman’s successor, Alex Kress, is walking into a hornet’s nest. The past few years have not been easy for the payments giant. At the heart of PayPal’s woes are poor margins — a problem that has dogged the company for years, popping up quarter [...]
font size Synopsys shares are up 34% this year. David Paul Morris/Bloomberg Synopsys Shares gained in late trading on Wednesday, after the chip design software provider reported better-than-expected results for the quarter and provided upbeat guidance. As announced by the company Founder and CEO Art De Geos will step down [...]
Trying to navigate the ups and downs of the stock market and predict the future direction can seem like a complex and daunting task. However, as with almost anything, simplicity is often key. One of the most straightforward strategies is to pay attention to it Insiders movements. After all, these [...]
