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Monday's Market Minute: Fed In Focus This Week, But Plenty Of Earnings & Data As Well
Monday, October 30, 2023 - 1:20pm | 491While the primary focus this week will be on the Federal Reserve’s policy announcement on Wednesday, it never hurts to take a market minute to look at a few of the other focal points for investors and traders. We begin with earnings – and how! – with more than 150 S&P 500...
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Penalty Warranted For Southwest Airlines' Flight Fiasco, Amazon Leverages Generative AI for Holiday Ad Boost, McDonald's Q3 Earnings: Today's Top Stories
Monday, October 30, 2023 - 9:07am | 2205Benzinga 'Penalty Is Warranted' - DoT Notifies Southwest Airlines Over Holiday Flight Fiasco Southwest Airlines Co. (NYSE: LUV) has received a warning from the U.S. Department of Transportation that it may face a fine due to significant operational disruptions last December that...
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McDonald's Price Hike Serves Up Tasty Margins in Q3 Earnings Feast!
Monday, October 30, 2023 - 6:53am | 341McDonald's Corp (NYSE: MCD) reported third-quarter FY23 sales growth of 14% year-on-year to $6.692 billion, beating the analyst consensus estimate of $6.577 billion. Global comparable sales rose 8.8%, reflecting strong growth across each segment. U.S. Comparable sales rose...
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Is Barbie Good Enough For Mattel In Uncertain Conditions? Morgan Stanley Has Answers
Thursday, October 26, 2023 - 2:01pm | 373Morgan Stanley analyst Megan Alexander reiterated an Overweight rating on the shares of Mattel Inc (NASDAQ: MAT) and lowered the price target from $27 to $25. The analyst says that MAT posted a strong Q3 beat, but it was met with muted flow-through to the full-...
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Toy Maker Mattel's Shares Are Diving Despite Barbie-Driven Q3 Beat: Here's Why
Thursday, October 26, 2023 - 5:18am | 422Mattel Inc (NASDAQ: MAT) reported third-quarter FY23 sales growth of 9% year-on-year to $1.919 billion, beating the analyst consensus estimate of $1.835 billion. North America segment sales increased 10% Y/Y, and International sales climbed 10% as reported, 3% in constant currency. Net...
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Why Technology-Based Education Company Stride's Shares Are Shooting Higher Today
Wednesday, October 25, 2023 - 6:42am | 325Stride Inc (NYSE: LRN) shares are trading higher by around 16% after the company reported Q1 FY24 results. Revenue of $480.2 million exceeded the consensus of $451.2 million. Revenue rose 12.9% Y/Y, aided by strength in General Education and Career Learning enrollment. General Education...
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Weekly Points – 5 Things To Know In Investing This Week
Tuesday, October 24, 2023 - 12:53pm | 1754The Bond Vigilantes Issue Fed Chairman, Powell, implied the Fed was done raising the fed funds rate for now partly because longer-term yields were rising. Excessive Congressional spending is now driving inflation and higher Treasury yields instead of actions by the Federal Reserve. Politicians in...
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Amid Economic Uncertainty, Businesses Are Looking For Services That Help Drive Growth – Givex Can Help
Monday, October 23, 2023 - 7:03am | 1042In a landscape riddled with economic uncertainties that don’t seem to be eased by the Federal Reserve’s aggressive monetary policy, inflation is sending shockwaves across industries, demanding adaptive business models. Various industries are grappling with the rippling effects of these...
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From Silicon Valley To City Streets: Knightscope's Robotic Guardians
Friday, October 20, 2023 - 11:10am | 622Click here to learn more about the Knightscope Public Safety Infrastructure Bond. In an ever-evolving world, we're constantly looking for ways to increase public safety, and robots and AI could represent a huge leap forward in our ability to do just that. One company pioneering robotics in...
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Las Vegas Sands Stock Gains Following Q3 Earnings Beat - Here's A Look
Wednesday, October 18, 2023 - 3:36pm | 380Las Vegas Sands Corp. (NYSE: LVS) shares are trading higher in Wednesday’s after-hours session after the company reported better-than-expected third-quarter financial results. What To Know: The company reported quarterly earnings of 55 cents per share, which beat the analyst...
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Why LL Flooring Shares Are Skyrocketing Today
Thursday, October 12, 2023 - 10:44am | 328Live Ventures Inc (NASDAQ: LIVE) has presented a non-binding proposal to acquire LL Flooring Holdings, Inc (NYSE: LL) in an all-cash offer for $5.85 per share, totaling $194.4 million. The offer price represents a 100% premium to LL Flooring's closing share price on October...
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Meet Your Friendly Neighborhood Knightscope Robot
Monday, October 9, 2023 - 7:09am | 1023Click here to learn more about the Knightscope Public Safety Infrastructure Bond. For many decades, people have been imagining how robots would fit into the future. Whether it was Sonny from Isaac Asimov’s I, Robot, the equally awe-inspiring and terror-inducing Terminator, or everyone’s...
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Lowe's Companies To Face Near-term Pressure Amid Soft Housing Market Trends: Analyst
Wednesday, October 4, 2023 - 2:59pm | 464Telsey Advisory Group analyst Joseph Feldman reiterated the Market Perform rating on Lowe's Companies, Inc. (NYSE: LOW), lowering the price target to $225 from $230. Given the tough macro climate for the industry, the analyst reduced 3Q23 and annual estimates on the company...
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Weekly Points – 5 Things To Know In Investing This Week
Wednesday, October 4, 2023 - 11:39am | 1648The Shutdown Isn’t An Issue Issue Lots of interesting news this week where we address these important questions: Is the coming government shutdown a real problem or just theater? Counter-intuitive inflation: Is there anything the Federal Reserve can do? New home sales plummeting...
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Alphabet To Rally Over 10%? Here Are 10 Other Analyst Forecasts For Wednesday
Wednesday, October 4, 2023 - 7:12am | 542Citigroup raised the price target for LyondellBasell Industries N.V. (NYSE: LYB) from $104 to $106. Citigroup analyst Patrick Cunningham upgraded the stock from Neutral to Buy. LyondellBasell Industries shares gained 0.4% to close at $93.79 on Tuesday. Piper Sandler lowered B&G Foods, Inc...