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By Kuldip K. Ambastha Until recently, Eastman Kodak Company (KODK) had been best known for its famous camera and photography offerings from the past. The company was founded in 1888, in Rochester, New York. With the rise of new technology offerings such as sophisticated smartphone cameras, Eastman Kodak Company was not in the press as …

Continue reading “What Caught Our Attention in the Investment World? – Week of July 27 – 31, 2020”

By Kuldip K. Ambastha During this week, both J.Crew and Neiman Marcus announced their respective bankruptcy filings. The retail industry has been on fragile ground for many years now, and the coronavirus pandemic has pushed both of these companies into bankruptcy. Due to the public health issues around the coronavirus, brick-and-mortar retailers have had to …

Continue reading “What Caught Our Attention in the Investment World? – Week of May 4-8, 2020”

By Kuldip K. Ambastha and Anil K. Ambastha On Tuesday, January 14, 2020, Pinterest, Inc. (PINS) stock rose by 9.6% for the day because, as per market research firm eMarketer, Pinterest had 82.4 million American users in 2019. With this data point, Pinterest is now the third-largest American social media platform behind Facebook (FB) and …

Continue reading “What Caught Our Attention in the Investment World? – Week of January 13-17, 2020”

By Anil K. Ambastha and Kuldip K. Ambastha Following its second-quarter earnings report featuring lower than expected losses, higher than expected revenues, a year-over-year 39% increase of active users to 30.5 million, and bright future guidance, shares of a TV streaming platform operator, Roku (ROKU), rose by 20.9% on August 8. The company has lifted …

Continue reading “What Caught Our Attention in the Investment World? – Week of August 5-9, 2019”