Stocks

Cleveland-Cliffs, Rio Tinto, & Freeport: 3 Mining Stocks To Explore

Summary Cleveland-Cliffs’ consolidated revenues were US$4.0 billion in Q1 of 2021. Rio Tinto reported a 30% increase in adjusted EBITDA in Q...

BJ's Wholesale Stock Drops After Poor Earnings Report

Summary Sales, excluding gasoline, increased marginally by 0.3% in Q1, compared to the year-ago period. The retailer has a strong presence on the...

WeWork’s Loses Swells To US$2.1billion Ahead of Public Listing

Summary WeWork’s total occupancy plummeted 50% in Q1 compared to 47% in the fourth quarter. Its first-quarter revenue of US$598 million was...

Kohl’s Stock Plunges Despite Improved Forecast

Summary Kohl’s revenue soared 60.1 percent year-over-year in the first quarter. The retailer posted income of US$14 million, or 9 cents per...

Lightspeed Stock Soars On Upbeat Revenue Outlook

Summary Lightspeed forecasts revenue in the range of US$430 to US$450 million for the fiscal year 2022. In fiscal 2021, revenue soared 84 percent...

Virgin Galactic Stock Rallies On Spaceflight Launch Update

Summary The space tourism company to conduct a spaceflight test this Saturday. Virgin Galactic first attempted the spaceflight test in December 20...

Oatly Stock Up 22.97% In Market Debut, Raises US$1.4 billion

Summary Oatly stock (NASDAQ: OTLY) soared 22.97% to US$20.9 at 2:48 pm ET on Thursday, May 20. Oatly raised US$1.4 billion from 84.4 million Ameri...

Why Iovance (NASDAQ: IOVA) Stock Surged Today?

Summary The stock boost comes after Iovance revealed that its new cancer drug showed positive results. Iovance can apply for a biologics license,...

Agenus Stock Up On US$1.56 Bn Licensing Deal

The stock of Agenus Inc (NYSE: AGEN) was up 5% at the market close on Wednesday, a day after it sealed a US$1.36 billion licensing deal with Bris...

Three Growth Stocks Flying In The Face Of Lockdown

Summary The stock of e-commerce platform Shopify has grown 950% in the last three years. Payment app Square Inc.’s profits surged 79% in Q1...

Three Utility Stocks To Explore As Economy Reopens

Summary The stock of Exelon Corp grew 23.48% in the last one year. PPL Corp has invested over US$3 billion in infrastructure in 2020. Pinnacle&rs...

Why CVS Health (NYSE: CVS) Is On Investors’ Radar This Week?

Summary The stock of CVS Health hit a 52-week high of US$89.64 on Tuesday. Shawn Guertin to replace Eva Boratto to become the company’s new...

Target’s Stock Up 4% On Strong Q1 Earnings

The stock of Target Corporation (NYSE: TGT) rose over 4 percent on Wednesday morning, May 19, after the retailer posted a 639 percent year-over-year g...

Lowe’s Inc. Revenue Soars 77%, Bolstered By Pandemic-Fuelled Demand

Summary The home improvement company recorded revenue of US$2.3 billion in Q1. Sales surged 25.9% to US$24.4 billion, aided by pandemic-fuelled de...

Macy’s Raises FY’21 Forecast; Stock Up 68% YTD

Summary The department store operator projects its net sales to grow to US$22.23 billion in fiscal 2021. Macy’s added 4.6 million new custom...

Home Depot Net Earnings Soar 84%, Sales Up 32.7% In Q1

The first-quarter net earnings of Home Depot, Inc. (NYSE: HD) rose to US$4.15 billion, or US$3.86 per share diluted, from US$2.25 billion, or US$2.08...

Walmart’s Revenue Up 2.7% On Pent-Up Demand, E-Commerce Boost

Summary Walmart’s revenue rose 2.7% YoY to US$138.3 billion in the first quarter of 2021. Its global e-commerce sales jumped 49% during the...

Why Is AMC Entertainment Stock Trending?

Summary The stock of Kansas City-based movie exhibition company surged over 7 percent on Monday. With the CDC’s latest guidelines on masks a...

Why Is AMC Entertainment Stock Trending?

Summary The stock of Kansas City-based movie exhibition company surged over 7 percent on Monday. With the CDC’s latest guidelines on masks a...

Amazon, ASML, Trade Desk: 3 Tech Stocks On Investors' Radar

Summary Amazon's profit tripled in Q1 ended March 31, 2021, from the year-ago period. Dutch firm ASML anticipates 30 percent revenue growth this y...