Stock Research

Shares of Lyft Inc (NASDAQ: LYFT) are down more than 20% this morning even though the ride-hailing company reported market-beating results for its first financial quarter. Lyft stock down on disappointing guidance The tech stock is being punished for the guidance that came in shy of Street estimates. Lyft now expects $20 million to $30… Continue reading Lyft stock tanks 20% after Q1 report: has it hit the bottom yet?

International Consolidated Airlines Group SA (LON: IAG) is trading up today after reporting its first Q1 profit since 2019. Analyst reacts to IAG’s quarterly results IAG said it swung to an operating profit of €9.0 million ($9.9 million) in the first quarter. In comparison, analysts had forecast an adjusted operating loss of €156.6 million. Reacting… Continue reading IAG share price ticks up on first Q1 profit since 2019

Scottish Mortgage (LON: SMT) share price has continued falling this year even as technology stocks have jumped. The shares were trading at 627p on Friday, a few points above the year-to-date low of 607p. They have plunged by ~59% below the highest level in 2022. SMT vs QQQ ETF Scottish Mortgage and Invesco QQQ are… Continue reading Scottish Mortgage (SMT) vs Invesco QQQ: one is a better buy by far

Newmont (NYSE: NEM) reported mixed financial results even as the price of gold approached its all-time high. In all, the company’s earnings per share of 40 cents was slightly better than estimates.  Newmont’s revenue came in at $2.6 billion, which missed the median estimates by about $21 million. The company mined 1.27 million ounces of… Continue reading Newmont’s revenue missed estimates as gold prices surged

Fisker (NYSE: FSR) stock price has been one of the best-performing electric vehicle (EV) stocks this week even as Tesla slumped. The shares jumped to a high of $6.26 on Wednesday, the highest point since March 29. Why did FSR stock go up? Fisker is one of the top EV companies that is challenging Tesla… Continue reading As the Fisker (FSR) stock price surges, potential risks remain

NatWest (LON: NWG) share price rose sharply, helped by the strong results from Barclays. The stock jumped to a high of 274.8p, which was slightly higher than this week’s low of 264p. Other British bank stocks like Barclays, Lloyds, and Standard Chartered jumped as well. Barclays earnings boost Bank stocks have been on edge this… Continue reading NatWest share price after the strong Barclays earnings

LVMH is a European luxury conglomerate and a family-run group. Made of 75 different brands/houses, the group generated revenues of EUR79.2 billion and employs nearly 200 thousand people worldwide. The stock made headlines this week as it has reached in the OTC markets a stock market value of $500 billion. It is a milestone for… Continue reading LVMH price target after surpassing $500 billion in market value

The Fox Corporation (NASDAQ: FOX) stock price has been under pressure as investors come to terms with the abrupt firing of Tucker Carlson. The shares plunged to a low of $29.12, the lowest level since January.  Tucker Carlson’s exit  impact on Fox It is still unclear why Fox decided to fire the most popular person… Continue reading Fox stock: who will replace Tucker Carlson at Fox News?

Verizon (NYSE: VZ), the giant telecommunication company, published mixed financial results on Tuesday. Its total revenue came in at $32.9 billion, which was 1.9% below where it was in the same quarter in 2022. The results missed the analysts forecasts by $740 million. The company’s wireless revenue jumped by 3% to $18.9 billion while total… Continue reading Verizon adds 633k retail postpaid customers as revenue misses