Stock Research

Japan’s Nissan Motor has announced a series of aggressive cost-cutting measures, including laying off 9,000 employees and reducing its global production capacity by 20%. This marks the second time this year that the automaker has revised its profit outlook downwards as it contends with slowing demand, particularly in key markets like China. The company’s revised… Continue reading Nissan to cut 9,000 jobs, slash profit forecast by 70% amid tough market conditions

Under Armour’s shares soared 25% on Thursday after the sportswear giant raised its annual profit forecast, citing lower input costs and effective cost-saving measures, such as reducing discounts at its stores and website. The strong performance came after several quarters of disappointing results, prompting company founder Kevin Plank to return as CEO. Plank’s plan to… Continue reading Under Armour shares surge 25% as company raises profit forecast on cost-saving strategies

Moderna reported a surprising third-quarter profit on Thursday, driven by cost reductions and stronger-than-expected sales of its COVID-19 vaccine, despite lower-than-anticipated revenue from its new respiratory syncytial virus (RSV) vaccine. Shares of the Cambridge, Massachusetts-based company jumped 11% in premarket trading. For the quarter, Moderna posted a profit of $13 million, or 3 cents per… Continue reading Moderna posts surprise profit as COVID vaccine sales exceed expectations

According to a recent Gallup poll, 62 per cent of adults in the Unites States currently own stocks, which represents the highest percentage since 2008. While stock ownership is frequently regarded as an important component of economic participation and progress, the distribution of stock holdings tells a different tale, indicating growing wealth gaps among Americans.… Continue reading US stock ownership disparity: 62% of Americans invested, unequal distribution raises questions

GoPro (GPRO) stock price collapsed to a record low this week, a tragic situation for a company that was highly popular among investors and traders. It has dropped by more than 65% this year and by over 70% in the past five years. It remains over 90% below its all-time high. The downfall of GoPro… Continue reading GoPro stock price is a bargain for the right buyer

Micron stock looks relatively flat in the last year when one looks at the stock price. However, the stock has had its fair share of volatility. At one point, it was up over 85% for the and after the peak in June, it went down as much as 40%. The volatility wasn’t just restricted to… Continue reading Micron vs. Nvidia: why Micron might be the smarter AI investment

Dell Technologies Inc. (NYSE: DELL) is in the spotlight today following Wells Fargo’s decision to reduce its price target on the company from $175 to $150, still reflecting a potential upside of 50% from its current price. This adjustment comes amidst ongoing discussions about Dell’s AI server monetization versus margin concerns. According to Wells Fargo,… Continue reading Wells Fargo reduces price target on Dell to $150: Time to hold or sell?

Tencent holdings second quarter revenue rose 8% YoY, mainly due to strength in its gaming segment driven by the success of its game Dungeon Fighters Online(DnF). The game was released in May and became the most downloaded game in China after its release. Tencent is the operator of the WeChat messaging service in China, but… Continue reading DnF mobile drives gaming recovery as Tencent’s revenue surges

Brian Niccol will likely opt for a massive increase in capital expenditures to position Starbucks Corp (NASDAQ: SBUX) well for the long term, says Jon Tower – a Citi analyst. A better part of these investments is expected to be focused on technology, especially around siren station remodelling that could help improve throughput as well… Continue reading 3 things Brian Niccol will do to turn around Starbucks