Stock Research

Netflix Inc. (NASDAQ: NFLX) posted impressive second-quarter results that exceeded market expectations, but its stock is experiencing a dip in after-hours trading.  The streaming giant’s robust financial performance was significantly buoyed by the success of its ad-supported tier memberships, highlighting its strategic shift in revenue generation. In Q2, Netflix reported earnings of $4.88 per share… Continue reading Netflix reports strong Q2 earnings with 34% ad-tier membership growth, but stock falls

LATAM Airlines is set to relist its shares on the New York Stock Exchange in a move that could fetch it a valuation of $8.5 billion, the company said on Thursday as reported by Reuters. Certain shareholders of the company launched a public offering to sell 19 million American Depositary Shares (ADSs), each representing 2,000 common… Continue reading LATAM Airlines to relist on NYSE with potential valuation of $8.5 billion

Abbott Laboratories (NYSE: ABT) faced a 3.0% decline in stock price this morning despite reporting a strong second quarter and raising its full-year guidance. Meanwhile, CEO Robert B. Ford thinks the overall optimism around Abbott is because of the company’s promising product pipeline, particularly a new over-the-counter product called Lingo. Lingo: A potential game-changer Lingo… Continue reading Should you buy Abbott stock? CEO sees multi-billion dollar opportunity in new product

Billionaire investor Ken Griffin, renowned for his acquisitions, made headlines by purchasing a late-Jurassic stegosaurus skeleton named “Apex” at Sotheby’s auction for a record-breaking $44.6 million. This acquisition marks the highest price ever paid for a fossil at auction, surpassing initial estimates by a significant margin. Apex: A remarkable specimen “Apex,” a remarkable specimen dating… Continue reading Ken Griffin’s $44.6 million stegosaurus skeleton acquisition sets auction record

Netflix is set to report its second-quarter earnings after the bell on Thursday, and all eyes are on the streaming giant’s progress with its advertising-supported business model. Launched in late 2022, the ad-supported tier is seen as a critical component of Netflix’s strategy to boost revenue and profitability. Wall Street analysts are keen to hear… Continue reading Netflix Q2 earnings preview: Wall Street awaits updates on ad-supported model

Agenus Inc (NASDAQ: AGEN) faced a dramatic decline in its stock price on Thursday, plummeting more than 50%, following the US Food and Drug Administration (FDA’s) decision to advise against pursuing accelerated approval for its BOT/BAL colorectal cancer combination therapy. Despite the setback, the company remains committed to exploring alternative pathways to bring this promising treatment… Continue reading Agenus stock plummets over 50% as FDA rejects accelerated approval for BOT/BAL cancer therapy

Domino’s Pizza (DPZ) stock price is down over 13% during trading today as investors absorb the shocking earnings report. The company reported an EPS beat and almost achieved the sales targets. However, a weak guidance and suspension of new store opening targets has investors worried. The EPS clocked in at $4.03 beating expectations by 9.6%… Continue reading Domino’s Pizza stock crashes as American consumer struggles with rising food prices

Amazon.com Inc (NASDAQ: AMZN) faced a slight decline in stock value today despite achieving record-breaking sales during Prime Day 2024, which saw customers spend over $14 billion across its platform. The eCommerce giant reported a surge in Prime members participating in this year’s event, marking a significant increase from previous years. Notably, shoppers showed a… Continue reading Amazon Prime Day 2024 smashes sales records with $14 billion; stock declines despite high demand