Stock Research

CrowdStrike, the cybersecurity firm recently thrust into the spotlight due to a global IT outage, is experiencing a significant decline in its stock value.  The company’s shares have dropped by 13.5% today, continuing the downward trend that began after the faulty security update triggered widespread computer crashes across the globe.  The full impact and financial… Continue reading CrowdStrike faces double downgrade amid IT outage fallout as Cathie Wood seizes the opportunity

On Friday, the largest IT outage to date disrupted approximately 8.5 million computers, primarily due to a faulty security update from cybersecurity firm CrowdStrike. Microsoft has attributed the issue to a 2009 European Commission agreement that it says prevented the company from implementing security changes that could have blocked the problematic update. Faulty update sparks… Continue reading Microsoft blames 2009 EU agreement for massive IT outage after security update

In recent months, Türkiye has experienced a dramatic surge in inflation, reaching an alarming 75.4% in May.  This steep rise, primarily driven by soaring costs in hotels, cafes, and restaurants, has made domestic travel increasingly unaffordable for many Turkish citizens.  As a result, an increasing number of Turkish tourists are now opting for international travel,… Continue reading Turkish tourists flock to Greece amid skyrocketing inflation at home

As we move into the second half of 2024, all eyes are on Google-parent Alphabet (NASDAQ: GOOGL) as it prepares to announce its second-quarter earnings. Expected to show a nearly 14% increase in revenue, this will be Alphabet’s fourth straight quarter of double-digit growth. This impressive performance is largely driven by steady demand for its… Continue reading Alphabet’s Q2 earnings preview: Revenue set to surge nearly 14% driven by AI and ad market revival

Starbucks (Nasdaq: SBUX) is experiencing a significant stock slide on Monday, erasing gains from the recent news that activist investor Elliott Investment Management has taken a stake in the company. This development comes at a critical time as Starbucks faces declining sales and questions about its management. Starbucks faces declining sales and stock value Over… Continue reading Can activist investor Elliott turn the tide for Starbucks amidst struggling sales?

In a surprising move, Berkshire Hathaway Inc (NYSE: BRK.B), led by legendary investor Warren Buffett, has sold $1.5 billion worth of Bank of America Corporation (NYSE: BAC) stock. This sale involved unloading 33.9 million shares, marking the first reduction in Berkshire’s holding in the financial giant since late 2019. Despite this significant transaction, Bank of… Continue reading Warren Buffett sells $1.5 billion in Bank of America stock: What it means for investors

As we move into the second half of 2024, investors are keenly eyeing the beauty sector, particularly the stocks of e.l.f. Beauty Inc (NYSE: ELF) and Estée Lauder Companies Inc (NYSE: EL).  While e.l.f. Beauty has seen a 20% increase in its stock value this year, Estée Lauder has struggled, with its stock down 35%. … Continue reading elf Beauty vs Estee Lauder: Which one is the better investment?