Search Results for: performance

By Kuldip K. Ambastha The past trading week was a big one for the initial public offering (IPO) market sector. Airbnb, Inc. (ABNB), C3.ai, Inc. (AI), and DoorDash Inc. (DASH) all had massive IPOs. Airbnb is an online marketplace for rental properties, C3.ai is an enterprise artificial intelligence software-as-a-service applications provider, and DoorDash is a …

Continue reading “What Caught Our Attention in the Investment World? – Week of December 7-11, 2020”

By Kuldip K. Ambastha On Thursday, December 3, 2020, CrowdStrike Holdings, Inc. (CRWD) had a +13.6% return for the day. The company delivered a $0.08 adjusted earnings per share figure for 3Q2020, well above the expected consensus estimate of $0.00. The cybersecurity company CrowdStrike Holdings has been successful during the current global coronavirus pandemic era. …

Continue reading “What Caught Our Attention in the Investment World? – Week of November 30-December 4, 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 On Wednesday, November 18, 2020, Target Corporation (TGT) had a +2.3% return for the day. The prominent general merchandise retailer with a motto of “Expect More. Pay Less.” announced strongly positive 3Q2020 results which drove the return seen on that day. 3Q2020 adjusted earnings per share came in at $2.79, surpassing …

Continue reading “What Caught Our Attention in the Investment World? – Week of November 16-20, 2020”

By Kuldip K. Ambastha Quidel Corporation (QDEL) is an American company in the diagnostic healthcare product space. Its offerings are sold worldwide. On Friday, May 8, 2020, the company received emergency use authorization for a COVID-19 antigen test from the U.S. Food and Drug Administration. (Emergency use authorization is a new public health testing category …

Continue reading “What Caught Our Attention in the Investment World? – Week of November 9-13, 2020”

By Kuldip K. Ambastha LendingTree, Inc. (TREE) is a well-known online loan marketplace operating in the USA. On the trading day of Thursday, November 5, 2020, the company’s stock had a -15.4% loss due to 3Q2020-related news. During 3Q2020, a quarterly loss figure of -$0.26 per share was seen. In contrast, one year ago during …

Continue reading “What Caught Our Attention in the Investment World? – Week of November 2-6, 2020”

By Kuldip K. Ambastha SAP SE (SAP) is a German software company in the enterprise software sector, focused on business operations and customer relations. The company operates in many countries around the world and has well-known enterprise resource planning (ERP) capabilities. SAP stands for “Systems, Applications, and Products in Data Processing.” On Monday, October 26, …

Continue reading “What Caught Our Attention in the Investment World? – Week of October 26-30, 2020”

By Kuldip K. Ambastha During this past trading week, the energy sector saw announcements of industry consolidation. ConocoPhillips (COP) will be buying Concho Resources Inc. (CXO) while Pioneer Natural Resources Company (PXD) will be buying Parsley Energy, Inc. (PE). ConocoPhillips will buy Concho Resources Inc. in an all-stock deal valued at $9.7 billion. Pioneer Natural …

Continue reading “What Caught Our Attention in the Investment World? – Week of October 19-23, 2020”

By Kuldip K. Ambastha During this past trading week, Fastly, Inc. (FSLY) had a -27.2% return on Thursday, October 15, 2020. Fastly is a technology company in the content delivery network, cloud provider, and edge computing arenas. After Fastly issued a 3Q2020 revenue warning which was inconsistent with the strong growth story of the company …

Continue reading “What Caught Our Attention in the Investment World? – Week of October 12-16, 2020”

By Kuldip K. Ambastha Morgan Stanley (MS) and Eaton Vance Corporation (EV) were in the news prominently in this past trading week. In a deal of cash plus stock, Morgan Stanley will be buying Eaton Vance Corporation for $7 billion. James Gorman, head of Morgan Stanley, announced this deal on Thursday, October 8, 2020. (On …

Continue reading “What Caught Our Attention in the Investment World? – Week of October 5-9, 2020”