Earnings
AngioDynamics Stock Drops 24% After Q2 Earnings Report
AngioDynamics reported Q2 FY24 with $81.97M in sales and revised annual guidance to $320-$325M amidst market challenges.
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Tesla Slides Premarket as EV Maker Plans to Recall 1.6 Million Cars
Tesla shares fell 0.6% in premarket trading Friday after Chinese market regulator said the carmaker will recall 1.6M vehicles due to software issues.
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Amazon Shares Continue to Dip as TikTok Sets Eyes on US E-Commerce
Amazon shares fell again on Thursday, potentially due to reports stating that Chinese social media giant TikTok is setting sights on the US e-commerce industry.
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Lamb Weston Holdings Soars Past Q2 Expectations with $1.48 EPS
Lamb Weston surpassed Q2 expectations reporting a $1.48 EPS and a 109% surge in net income.
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Cathie Wood’s ARK Invest Buys Tesla, Sells Coinbase
As Coinbase shares surged nearly 400% in 2023, Cathie Wood's ARK funds sold their holdings, while concurrently increasing their position in Tesla.
Earnings
Walgreens Boots Alliance Reports Strong Q1 With $34.88B Revenue, Slashes Dividend
WBA reported $36.7 billion in revenue and an EPS of $0.66 for Q1 FY24.
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RPM’s EPS Slightly Misses Expectations at $1.22 in Latest Financials
RPM reported a slight miss in its quarterly performance compared to expectations, with an EPS of $1.22 and revenue of $1.79B.
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Foxconn, TMSC Shares Dip as Apple Finds Itself in a Tough Spot
Shares of key Apple suppliers TSMC and Foxconn are in the red following an abrupt dip in Apple's stock.
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Three Stocks to Diversify Beyond the Magnificent Seven in 2024
Three "strong buy" blue chips to consider in 2024.
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UniFirst’s Q1 Earnings: Revenue Tops $589.86M, Guides Up to $2.44B
UniFirst Corporation exceeded its Q1 FY24 expectations with strong financial results, surpassing both EPS and revenue forecasts.
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Is Nvidia a Buy for 2024? One Analyst Sees a 15% Downside for the AI Stock
Wealth manager DA Davidson initiated coverage on Nvidia's stock, projecting a 15% downside risk in the chipmaker's shares.
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Apple’s Stock Dips After Barclays Downgrade Based on Fading iPhone Demand
Apple's stock slid over 2.3% ahead of market open on Tuesday after Barclays analysts downgraded the stock, citing sluggish hardware sales outlook.
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Wall Street Bullish on Magnificent Seven in 2024, Except for Tesla
The "Magnificent Seven" will likely continue their upward performance in 2024, but analysts expect Tesla to lag.