Latest Articles
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Should You Pick American Airlines Stock At $14 After A 6% Fall In A Week?
American Airlines (NASDAQ: AAL) stock has seen a decline of 6% in a week, after it revised its Q1’24 earnings outlook to be at the lower end of its earlier provided range of $(0.15) to $(0.35) per share, compared to a $(0.23) consensus es...
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Visa Stock Gained 30% In The Last Twelve Months, What To Expect Now?
Visa’s stock (NYSE: V) has gained 10% YTD, as compared to the 9% rise in the S&P500 over the same period. Further, at its current price of $285 per share, it is trading 5% below its fair value of $301 – Trefis’ estimate for Visa’s valuat...
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Up 11% In The Last Trading Session, What To Expect From Oracle Stock?
Oracle’s stock (NYSE: ORCL) has gained approximately 21% YTD as compared to the 7% rise in the S&P500 index over the same period. Further, the stock rose by 11.7% yesterday vs 1% in the S&P500. It came after the ORCL outperformed the ea...
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What’s Behind The 15% Fall In Southwest Airlines Stock Earlier This Week?
Southwest Airlines (NYSE: LUV) stock plunged around 15% in Tuesday’s trading, after it announced that it will trim its capacity plans and revisit the financial forecast for 2024. This can be attributed to fewer expected deliveries from Boeing. ...
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What’s Next For Moderna Stock After Nearly A 20% Rise In A Week?
Moderna (NASDAQ:MRNA) stock rallied 9% yesterday, after it launched phase 2/phase 3 clinical trials for a messenger RNA-based vaccine for skin cancer patients that it is developing with Merck. As per an earlier study, a combination of the vaccine...
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Down 10% This Year, Will Gen AI Tools Help Apple Stock Recover?
Apple (NASDAQ:AAPL) stock has had a tough 2024 so far, declining by about 10% year-to-date, underperforming its big tech peers as well as the Nasdaq-100, which has gained about 9% over the same period. So what are some of the reasons for the decl...
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Down 8% YTD, What To Expect From Adobe Stock In Q1?
Adobe (NASDAQ: ADBE) is scheduled to report its fiscal Q1 2024 results on Thursday, March 14 (after market close). We expect Adobe to edge past the consensus estimates of revenues, but earnings are likely to miss the mark. The technology giant...
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How Does Kronos Stock Look After Its 15% Rise Last Week?
Kronos Worldwide (NYSE: KRO), a titanium dioxide pigments (TiO2) producer and marketer, has gained around 15% in a week, considerably outperforming the broader Russell 2000 index which remains down by 0.2% over the same period. So what’s drivin...
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Down 6% This Year, What’s Happening With First Solar Stock?
First Solar (NASDAQ:FSLR) has had a mixed year thus far in 2024, with its stock declining by about 6% since early January. This mirrors the larger solar industry, which has underperformed the broader S&P 500 index amid high-interest rates and...
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Up 6% In The Last Trading Session, Where Is Snap Stock Headed?
Snap’s stock (NYSE: SNAP) has lost approximately 30% YTD as compared to the 8% rise in the S&P 500 index over the same period. The drop was due to weak results in the fourth quarter of 2023, with revenues and average revenue-per-user (ARPU)...
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What’s Next For Estée Lauder Stock After 10% Gains Post Q2 Results?
Estée Lauder (NYSE: EL) reported upbeat Q2’24 results last month (the fiscal year ends in June). The company’s revenues stood at $4.3 billion and earnings came in at $0.88, well above the consensus estimates of $4.2 billion, and $0.34, re...
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Should You Pick Western Digital Stock At $65 After 25% Gains This Year?
Western Digital (NASDAQ: WDC) recently provided an update on its plan to split the company into two verticals – hard drive and NAND business. The current CEO of Western Digital – David Goeckeler – will head the NAND flash me...
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Up 6% YTD, What To Expect From Oracle Stock In Q3?
Oracle (NYSE: ORCL) is scheduled to report its fiscal Q3 2024 results on Monday, March 11. We expect Oracle to edge past the consensus estimates of revenues and earnings. The technology giant posted mixed results in the last quarter, with earn...
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What’s Next For Southwest Stock After A 20% Rise This Year?
Southwest Airlines (NYSE: LUV) reported its Q4 results earlier this year, with revenues and earnings above the street estimates. The company reported operating revenue of $6.8 billion, and adjusted earnings of $0.37 per share, compared to the c...
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Should You Pick CVS Stock At $75 After A 6% Fall This Year?
CVS Health (NYSE: CVS) reported its Q4 results last month, with revenues and earnings beating the street estimates. The company reported revenue of $93.8 billion and adjusted earnings of $2.12 per share, compared to the consensus estimates of ...