STOCK ANALYSIS
WEEKLY FORECAST
FINANCIAL NEWS
AMC shares drop despite reporting quarterly revenue that topped estimates

In pre-market trading Wednesday, AMC Entertainment Holdings Inc. shares dropped 8.5% to $6.53 after the company reported fourth-quarter results underscoring fears that theater-going would not return to pre-pandemic levels soon.

Rivian reports mixed earnings, issues another recall for electric trucks

While earnings season has essentially come to an end, after the bell on Tuesday, Rivian Automotive Inc. reported mixed fourth-quarter earnings and a lackluster production outlook that fell short of Wall Street's expectations

MARKET ANALYSIS: How to capitalize on the breakthrough of AI?

In the past two months, you may not have been able to escape it either. AI had a major breakthrough into most living rooms through the popular chatbot ChatGPT, which was launched as a free service by start-up OpenAI on November 30. The speed of its adoption was particularly amazing and came as a surprise to most investors. With most of the big names in the technology sector all pulling the AI card, it might be interesting to take a moment to consider the potential opportunities this new revolution brings.

Target rises on surprise holiday-quarter sales that topped estimates

Target Corporation jumped in early trading Tuesday after the retailer posted a surprise increase in holiday-quarter sales that topped Wall Street earnings estimates for the first time in a year.

Zoom shares surge 8% on AI comments and upbeat earnings guidance

On Monday, shares of Zoom Video Communications jumped 8% in extended trading after the company said it would integrate more artificial intelligence into its products and offered optimistic earnings guidance ahead of Wall Street expectations.

Stellantis unveils a buyback and dividend distribution following strong results

In a year of a steep rise in electric-vehicle sales, Stellantis NV unveiled a buyback of as much as $1.6 billion and its plans to distribute $4.47 billion in dividends to shareholders following solid results.

Meta rolls out paid verification service for Facebook and Instagram

On Sunday, Meta announced it is rolling out a new paid verification service called Meta Verified, offering a handful of additional perks and features, including account verification badges for those who pay.

Walmart announces another blowout quarter, still gives muted outlook

As low-income shoppers gravitated to discounted food and other essentials but continued to pay higher prices on many items compared with last year, retailer Walmart Inc. reported quarterly sales in another blowout quarter on Tuesday.

Home Depot share dip on revenue miss and disappointing guidance

Shares of Home Depot dipped more than 4% in premarket trading Tuesday as a miss on revenue expectations and cautious full-year guidance overshadowed a dividend increase.

Deere raises annual profit forecast after quarterly earnings double

Buoyed by healthy farming fundamentals and rising spending on infrastructure projects, Deere & Co raised its annual profit forecast last week after its quarterly income more than doubled from a year earlier, far outweighing Wall Street estimates.

STOCK ANALYSIS: Can Spotify handle a price war?

A fortnight ago, Spotify announced its quarterly results for the fourth quarter of 2022. The figures missed analyst expectations and caused an upward move in the stock. Nevertheless, Spotify in general is still in turbulent waters and just recently announced that it is laying off 6% of its employees worldwide. Is danger lurking around the corner or does the future look bright?

DoorDash sales climb as consumers spend more on food deliveries

As consumers spend more on deliveries of food and house essentials, DoorDash reported revenue of $1.82 billion, up 40% year-over-year, during Thursday's fourth-quarter earnings results.

Roblox shares surge the most in nine months on solid earnings

Shares of video game platform Roblox climbed a staggering 26% on Wednesday, the most in nine months after the company reported bookings that topped estimates, fueled by a boom in playtime over the holiday season and a climb in active users.

Shopify's sales outlook comes in short of expectations, shares drop

After giving a sales outlook for the beginning of the year that fell short of analysts' expectations, Shopify Inc. shares headed about 11% lower in after-hours Wednesday.

STOCK ANALYSIS: Did Intuit Inc's stock price tank too much in 2022?

Intuit Inc (INTU)'s share price had to slump by a whopping 39.22% over the past year, partly due to the generally declining tenor within the technology sector. But what is going on under the surface of this stock?

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