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The Lovesac Company (NASDAQ: LOVE) stock price was punched on Thursday after the company’s guidance missed analysts’ estimates. After closing at $23.35 on Wednesday, the stock plunged by over 16% to $19.16, its lowest point since November last year. Good quarter but weak guidance Lovesac, the popular furniture company, published encouraging financial results but warned […]

• April 11, 2024 06:32 AM PDT
• Invezz

Alpine Immune Sciences Inc (NASDAQ: ALPN) is up 35% on Thursday after Vertex Pharmaceuticals Incorporated (NASDAQ: VRTX) said it will acquire the biotechnology company for $65 per share. Is Alpine Immune stock fairly valued at $65? But shareholders of the $5.0 billion company based out of Seattle, Washington may end up getting even more than […]

• April 11, 2024 06:23 AM PDT
• Invezz

Rent the Runway (NASDAQ: RENT) stock price went parabolic on Thursday after the highly-embattled company published encouraging earnings and narrowed its loss. It surged by over 36% on Wednesday and by over 30% in the pre-market, pushing its total market cap to near $30 million.  Good earnings but there are risks Rent the Runway published […]

• April 11, 2024 05:49 AM PDT
• Invezz

CarMax Inc down close to 10% after reporting its earnings for the fourth quarter may be an opportunity to buy, says a Wedbush Securities analyst. $KMX down as Q4 results miss Street estimates The used vehicle retailer came in shy of Street estimates for its fiscal Q4 on Thursday. $KMX also said that it now […]

• April 11, 2024 05:46 AM PDT
• Invezz

Boston, United States, April 11th, 2024, Chainwire Leading Web3 gaming ecosystem teaming up with globally recognized toy company, renowned for bringing beloved game characters to life. Planet Mojo, a leading web3 gaming ecosystem, and WowWee, an award winning global toy company with such hits as Fingerlings and Robosapien, today announced a collaboration to create toys […]

• April 11, 2024 05:30 AM PDT
• Invezz

Constellation Brands Inc (NYSE: STZ) is trading up in premarket on Thursday after coming in ahead of Street estimates for its fiscal fourth quarter. Constellation Brands stock gains on strong guidance The stock is being rewarded also because $STZ issued strong guidance for the future. Adjusted earnings on a per-share basis, it said, are expected […]

• April 11, 2024 04:42 AM PDT
• Invezz

Tomorrow, April 12th, sees plenty of the bigger banks and financial institutions in the world (JPMorgan Chase and BlackRock among them) reporting their latest financial results. And, just like that, it’ll be the earnings season of Q1 for FY2025. If you’re wondering what to watch out for during these financial results, you’re not alone. It […]

• April 11, 2024 04:22 AM PDT
• Invezz

The Nasdaq 100 Covered Call ETF (QYLD) has slowly become one of the biggest covered call ETFs in the market. It has grown to accumulate over $8.45 billion in assets, making it one of the top active funds in Wall Street. This growth happened because of its substantial dividend yield, which stands at 11.54% and […]

• April 11, 2024 04:19 AM PDT
• Invezz

April might have had a rocky start but prices have been gaining and the market has returned to bullish tracks. The top altcoins and most promising cryptocurrencies this month are Bitcoin Cash (BCH), Dogecoin (DOGE), and this new altcoin, Rebel Satoshi Arcade (RECQ). These cryptos have shown the most promise this month and are set […]

• April 11, 2024 04:00 AM PDT
• Invezz

Andy Jassy – the chief executive of Amazon.com Inc (NASDAQ: AMZN) says he’s committed to continue investing in artificial intelligence. Shares of the multinational are still slightly down in premarket. Amazon says its AI offerings are gaining traction The tech behemoth is “seeing significant traction in our GenAI offerings”, the chief executive added in his […]

• April 11, 2024 04:00 AM PDT
• Invezz