Category: Stock News

Lyft Remains Stagnant Despite Strong Q2

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Lyft’s Q2 earnings report sparks short-lived gains…

Lyft released a strong Q2 earnings report on Wednesday. This comes just a few months after the company’s disappointing IPO.

The release revealed stronger-than-expected sales and revenue, which sparked a 13% increase in share prices during after-hours trading.

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Aurora Cannabis Shares Rise on Production Guidance Updates

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The company released its fiscal fourth-quarter guidance this week … and things look smokin’ hot. 

Cannabis companies are a hot topic on Wall Street. Increasingly, states in the U.S. are passing legislation legalizing cannabis and it is likely that at some point, federal legislation will be passed.

The Canadian company Aurora Cannabis continues to be one of the most highly regarded companies in the Canadian cannabis industry. It leads the market in production capacity and has the largest global presence in the cannabis sector. 

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Why Did Disney Miss Q3 Expectations?

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Disney stock drops after disappointing earnings…

Not a great start to the week for Disney investors. The company released its third-quarter financial results yesterday, which missed Wall Street’s expectations.

After the company’s Q3 earnings were made public, Disney’s stock dropped 4% in after-hours trading.

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Is Alibaba Stock Still a Good Long-Term Investment?

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The e-commerce giant has strong tailwinds propelling it forward…

2019 has been full of ups and downs for the Chinese e-commerce company Alibaba. Investor enthusiasm has tempered recently, largely thanks to trade war concerns and China’s economic slowdown. And as of this publishing, the company’s shares are down 13% year to date. 

But in spite of these short-term headwinds, Alibaba’s fundamentals remain strong going forward. Here’s what’s working for Alibaba…

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Pinterest Stock Soars Thanks to Strong User Growth

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The company increased its guidance for the rest of the year. 

It’s been a good week for Pinterest investors. The company’s shares are up thanks to a strong earnings report. During the second quarter, Pinterest added more monthly users and beat revenue expectations. The company also raised its full-year guidance. 

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Key Findings From GM’s Q2 Earnings Report

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GM beat estimates despite a dip in sales…

General Motors released its Q2 earnings report yesterday, the results came as a welcome surprise to investors. Despite lower sales in China, GM was able to surpass analyst expectations for sales and revenue in the company’s most recent fiscal quarter.

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Alphabet Soars Past Apple as New Cash King

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Big cash holdings can often be a sign of corporate health, but they can also be a liability.

The Verge reports today that Google’s Alphabet company has now become “the most cash-rich company in the world” with $117 billion in reserves.

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GE Beats Expectations … So Why Is the Stock Down?

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The company reported stronger earnings and revenue than expected…

On Tuesday morning, General Electric released its second-quarter earnings, and the results were better than expected. Earnings came in at 17 cents per share. That’s still down 6% from a year earlier but beat estimates of 12 cents per share. 

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