Shares of Deere & Company (NYSE: DE) are trading up this morning after the equipment maker reported its financial results for the second quarter that handily topped Street estimates. Deere stock up on raised guidance Investors are cheering also because the industrial giant cited “healthy demand” and raised its guidance for the full-year net income… Continue reading Deere Q2 earnings: ‘ag space will be a growth story for a long time’
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Foot Locker trims guidance citing ‘aggressive markdowns’
Foot Locker Inc (NYSE: FL) opened nearly 25% down on Friday after reporting worse than expected results for its first financial quarter. Foot Locker stock crashes on weak outlook The retail stock is crashing also because the shoe company trimmed its guidance for the full year on headwinds including a changing vendor mix. Foot Locker… Continue reading Foot Locker trims guidance citing ‘aggressive markdowns’
3 reasons to buy UK equities here and now
Investors neglected UK equities in recent years, as they barely trade above post-pandemic levels. In contrast, the US stock market rallied in response to the fiscal and monetary stimulus provided by the authorities in the United States. But 2023 sees US equities stalling. For example, the Dow Jones index is almost flat, up +0.61% YTD.… Continue reading 3 reasons to buy UK equities here and now
British telecom giant BT Group to cut over 40% of its workforce
BT Group (LON: BT.A) is in focus today after announcing plans of lowering its headcount by more than 40% by the end of this decade. BT to cut about 55,000 jobs in total On Thursday, the British multinational said it will trim roughly 55,000 jobs in total over the next five to seven years. Nearly… Continue reading British telecom giant BT Group to cut over 40% of its workforce
Is Metacade a good bet in May? All about MCADE price action amid bullish Bitcoin metrics
Metacade (MCADE) started listing on major exchanges in early April. The first exchange that the token listed was the decentralised exchange Uniswap. Listings on BitMart and MEXC Global quickly followed that. The listing was influential as the token rose strongly from the final presale value of $0.020 to above $0.045. That underlined investor demand for… Continue reading Is Metacade a good bet in May? All about MCADE price action amid bullish Bitcoin metrics
AltSignals prediction as presale accelerates amid demand for trading signal service
AltSignals ($ASI) presale is fast approaching its conclusion. Over 69% of the tokens have been sold, with the token of the trading signal service raising over $748,862. Demand could skyrocket by the time the token lists on exchanges and push the price higher from the current $0.015. Presale buyers could have an edge as $ASI… Continue reading AltSignals prediction as presale accelerates amid demand for trading signal service
Affirm stock price has 2 key risks: here’ why I’m buying anyway
Affirm (NASDAQ: AFRM) stock price has crawled back in the past few days after the company published its financial results earlier this month. AFRM shares jumped to a high of $13.40 on Wednesday, the highest point in more than two months. It has jumped by over 50% from the lowest level this year. Affirm growth… Continue reading Affirm stock price has 2 key risks: here’ why I’m buying anyway
US has made crypto rules ‘as confusing as possible,’ Ripple CEO says
Brad Garlinghouse, the CEO of blockchain company Ripple, says that the US has made crypto regulations “as confusing as possible.” In crypto news this morning, the Ripple exec’s belief is that the confusion arising from regulatory confusion is pushing more crypto companies to leave the US. The Ripple exec made the comments during an interview… Continue reading US has made crypto rules ‘as confusing as possible,’ Ripple CEO says
Workhorse stock price: debt-free but dilution risks remain
Workhorse Group (NASDAQ: WKHS) stock price has been in a strong bearish trend as concerns about electric vehicle companies continued. The shares dropped to a low of $1.03, the lowest level since May 19th. At its peak, the stock was trading at $43.11, meaning investors have lost billions in the past few years. Is Workhorse… Continue reading Workhorse stock price: debt-free but dilution risks remain