Search Results for: Forecast

By Kuldip K. Ambastha On Friday, February 17, 2023, the stock price of DraftKings Inc. (DKNG), an American fantasy sports contest and sports betting company, rose by +15.3% per share. The company had a strong 4Q2022, with revenue growth alongside an improved financial forecast for the year of 2023. For the quarter, DraftKings exceeded expectations …

Continue reading “What Caught Our Attention in the Investment World? – Week of February 13-17, 2023”

By Kuldip K. Ambastha On Thursday, June 2, 2022, the stock price of Chewy, Inc. (CHWY) rose by +24.2% per share. (See past coverage if needed: “What Caught Our Attention in the Investment World? – Week of March 29-April 1, 2021; By Kuldip K. Ambastha.”) Chewy, Inc. (CHWY), an online retailer of pet food and …

Continue reading “What Caught Our Attention in the Investment World? – Week of May 31-June 3, 2022”

By Kuldip K. Ambastha Snap Inc. (SNAP), a social media technology company with smartphone camera application Snapchat as its flagship offering, had its stock price drop by -43.1% per share on Tuesday, May 24, 2022. (See past coverage if needed: “What Caught Our Attention in the Investment World? – Week of April 20-24, 2020; By …

Continue reading “What Caught Our Attention in the Investment World? – Week of May 23-27, 2022”

By Kuldip K. Ambastha Ross Stores, Inc. (ROST), an American chain (“Ross Dress for Less”) of discount department stores, had its stock price drop by -22.5% per share on Friday, May 20, 2022. 1Q2022 sales were down from the same figure released for 1Q2021. Inflationary pressures have resulted in customers spending less overall, including at …

Continue reading “What Caught Our Attention in the Investment World? – Week of May 16-20, 2022”

By Kuldip K. Ambastha Roblox Corporation (RBLX), an online gaming and entertainment platform which brings people together over common interests, is a company we have covered in the past. (See “What Caught Our Attention in the Investment World? – Week of November 8-12, 2021; By Kuldip K. Ambastha” and “What Caught Our Attention in the …

Continue reading “What Caught Our Attention in the Investment World? – Week of February 14-18, 2022”

By Kuldip K. Ambastha BioNTech SE (BNTX) is aiming to become a leading biotechnology company with a main focus on individualized cancer medicine. The company has also been successful in offering an mRNA-based, two-shot coronavirus vaccine called BNT162b2 (aka: Comirnaty and Tozinameran), which has become increasingly important due to the rise of the highly contagious …

Continue reading “What Caught Our Attention in the Investment World? – Week of August 9-13, 2021”

By Kuldip K. Ambastha On the trading day of Thursday, May 20, 2021, the stock of Kohl’s Corporation (KSS) had a -10.2% loss. Kohl’s Corporation, a prominent American department store retail chain, beat its 1Q2021 consensus estimates in terms of key metrics such as revenues, sales, and earnings. However, the stock price still saw a …

Continue reading “What Caught Our Attention in the Investment World? – Week of May 17-21, 2021”

By Kuldip K. Ambastha Per the table shown above, FuelCell Energy, Inc. (FCEL) had a trading week of three down days and one up day. FuelCell Energy focuses on fuel cell technology, and also provides ultra-clean, comprehensive power solutions to customers. While the company is not currently profitable, its forecasted earnings growth rate for the …

Continue reading “What Caught Our Attention in the Investment World? – Week of December 28-31, 2020”

By Kuldip K. Ambastha The Gap, Inc. (GPS) is a prominent American company in the clothing and accessories retail sector, with store locations worldwide. The company was founded in 1969 by Donald Fisher and Doris F. Fisher, and is headquartered in San Francisco, CA. On Wednesday, November 25, 2020, the company’s stock had a -19.6% …

Continue reading “What Caught Our Attention in the Investment World? – Week of November 23-27, 2020”

By Kuldip K. Ambastha The Dow Jones Industrial Average (DJIA) had a volatile ride this past week, due to several factors. Comments from Jerome Powell (the Chair of the U.S. Federal Reserve), GDP forecasting, unemployment rate (and jobless claims) data, and coronavirus pandemic data all played their own significant parts in the DJIA activity. The …

Continue reading “Dow Jones Index Volatility – Week of June 8 – 12, 2020”