Company Spotlight

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

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

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 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

Nikola (NASDAQ: NKLA) stock price is sitting at its all-time low as concerns about the company’s future remain. The car company, once valued at billions, has now become a penny stock trading at $0.73. This price is about 99% below its all-time high, giving it a market cap of over $480 million. Existential risks remains… Continue reading Nikola stock price analysis: dangerous to short at current level

Shares of Meta Platforms Inc (NASDAQ: META) went up 12% to a year-to-date high in extended trading after the tech behemoth reported a great start to its “year of efficiency”. Meta shares up on encouraging guidance More importantly, the Nasdaq-listed firm issued upbeat guidance for its current quarter. Meta sees revenue in the range of… Continue reading Meta shares up 12% on Q1 earnings: is there upside left in this stock?

Roku Inc (NASDAQ: ROKU) jumped nearly 7.0% in extended hours after reporting market-beating results for its fiscal first quarter. Roku shares up on upbeat guidance Shareholders are happy also because the company issued upbeat guidance. Roku is now calling for $770 million in revenue on $75 million of adjusted EBITDA loss in its current financial… Continue reading Why are Roku shares trading up in extended hours?

Activision Blizzard Inc (NASDAQ: ATVI) is down about 10% today after the U.K. Competition and Markets Authority said it will not let Microsoft Corp (NASDAQ: MSFT) acquire this gaming giant. Cramer reacts to the CMA decision On Wednesday, the regulator concluded that the Microsoft-Activision merger will be a threat to competition as the former could… Continue reading U.K. blocks Microsoft-Activision deal: Cramer says ‘they don’t need it’

The recent sell-off in shares of Tesla Inc (NASDAQ: TSLA) is not entirely unjustified, says Philippe Houchois. He’s a Senior Analyst at Jefferies. Jefferies’ updated Tesla stock price forecast On Wednesday, Houchois downgraded the electric vehicles company to “hold” and slashed his price objective to $185. The analyst attributes his Tesla stock price forecast to… Continue reading Tesla stock price forecast: ‘price aggression not supportive of high multiple’