EARNINGS

Sep 08 2024TECHNOLOGY

Planet Labs' Earthly Plunge: Is Profitability Just Around the Corner?

Planet Labs, the company aiming to capture Earth's every detail from space, took a nosedive on Friday. Shares plummeted 11% after the company reported missing earnings expectations for the second quarter of fiscal year 2025 and offered a revenue forecast for the next quarter that fell short of what

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Sep 06 2024FINANCE

Prospect Capital's Surprising Profit Boost Sparks Stock Rally

Prospect Capital (NASDAQ: PSEC) shares jumped in after-hours trading on the back of a strong earnings beat for its fiscal fourth quarter. The business development company posted net investment income per share of $0.25, easily topping analyst expectations of just $0.18. However, some key metrics di

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Aug 28 2024BUSINESS

Foot Locker's Comeback: A Success Story in the Making

Foot Locker's Q2 2024 earnings report brought a breath of fresh air to the sneaker company, as it marked the first time in six quarters that comparable sales grew, reaching 2.6%. This positive trend surpassed analysts' expectations of a 0.7% uptick, and the gross margin expanded for the first time i

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Aug 28 2024TECHNOLOGY

Tech Giants Losing Favor with Big Investors: A Warning for the Bull Market?

The once-revered 'Magnificent Seven' tech stocks might be losing their luster among big-time investors, potentially foreshadowing trouble for the bull market that has heavily depended on these tech titans. According to Goldman Sachs' examination of recent quarter-end securities filings, both hedge

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Aug 28 2024POLITICS

Nvidia: Riding the AI Wave - Will the Upcoming Earnings Report Surf the Trend?

Nvidia, the undisputed champion of the AI revolution, has treated its investors to a roller coaster ride for the past couple of years. With a market cap fluctuating wildly by nearly nine times since the end of 2022, the company reached an all-time high in June, making a brief appearance as the world

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Aug 27 2024TECHNOLOGY

Nvidia: The Most Crucial Stock in the AI Race - Will Q2 Earnings Deliver?

Nvidia, the leading player in the AI boom, has given its investors a thrilling ride for the past two years. However, the past few months have been a roller coaster, with the company's market cap fluctuating by nearly nine times since the end of 2022. After reaching an all-time high in June and brief

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