Stock Research

In a landmark decision, Meta Platforms, the parent company of Facebook, has agreed to pay $1.4 billion to settle a lawsuit brought by the state of Texas over the unauthorized use of biometric data.  This settlement, approved by a Texas state district court in Harrison County, is the largest ever obtained from a single state’s… Continue reading Meta to pay $1.4 billion to settle Texas lawsuit over facial recognition data misuse

Nikola (NKLA) stock price has continued to underperform the market this year as investors worry about its future and dilution risks. It has slipped by over 64% this year and by 88% in the past 12 months. A $100,000 investment in the company at its highest point in 2023 would now be less than $9,000.… Continue reading Nikola stock price outlook: All eyes on August 9

Hewlett Packard Enterprise (HPE) is on the verge of a significant expansion as EU antitrust authorities are expected to unconditionally approve its acquisition of Juniper Networks. This strategic move, announced in January, aims to bolster HPE’s position in the rapidly growing networking and AI sectors. The approval could be a game-changer, doubling the size of… Continue reading Hewlett Packard’s networking business set to double as EU poised to approve Juniper acquisition

Eli Lilly & Co (NYSE: LLY) has recently experienced a dramatic $123 billion decline in market value. This significant drop follows positive developments from competitors, notably Viking Therapeutics Inc and Roche Holding AG, who made announcements regarding their weight loss drugs. However, according to JPMorgan analyst Chris Schott, this downturn may present a prime opportunity… Continue reading Eli Lilly’s $123 billion market value drop: A strategic buying opportunity?

OpenAI recently announced that it will be launching its own search platform called SearchGPT. The platform is similar to what Google already offers but it comes with slight improvements that could be detrimental to Google’s business. The platform looks and works similar to ChatGPT. As you ask a question, it searches information from the web… Continue reading OpenAI’s SearchGPT poised to challenge Google’s dominance: Should investors be concerned?

The latest Marvel blockbuster, Deadpool & Wolverine, has set a new benchmark for R-rated films by grossing over $200 million in its opening weekend.  According to studio estimates, the film earned $205 million domestically and an impressive $438.3 million globally, marking the highest-grossing R-rated film debut in history. The success of Deadpool & Wolverine eclipses… Continue reading Deadpool & Wolverine smashes records with $200 million opening weekend

As former President Donald Trump gears up for a potential return to office in November, economist Ludovic Subran warns of a potential inflationary surge.  Subran, the chief economist at Allianz, predicts that Trump’s reelection could have significant repercussions for the US economy, exacerbating inflationary pressures that are already a concern for financial markets and policymakers.… Continue reading Donald Trump’s reelection could spike inflation, warns Allianz chief economist Subran

McDonald’s (MCD) reported second-quarter earnings and revenue that fell short of Wall Street expectations, as higher menu prices only partially offset decreased foot traffic. This resulted in a decline in same-store sales for the first time since the pandemic began, highlighting challenges even as the company introduced budget-friendly options like the $5 meal deal. McDonald’s… Continue reading McDonald’s misses Q2 estimates as same-store sales decline for first time since pandemic

BlackBerry Ltd. has announced the appointment of Tim Foote as its new Chief Financial Officer (CFO), marking a significant leadership change as the company continues its strategic shift towards cybersecurity and software solutions.  Foote, who has been with BlackBerry for nearly a decade, brings extensive experience in finance, investments, and cybersecurity, making him a key… Continue reading BlackBerry appoints Tim Foote as new CFO amid strategic transformation