Chinese e-commerce giant PDD Holdings (NASDAQ: PDD), which just reported strong earnings results, is looking to disrupt the US fast-fashion market with its new app targeted at the international market, Temu.
PDD is no stranger to rapid growth. The upstart firm started from zero
Nvidia’s valuation has surpassed what the company’s current fundamentals suggests it should be worth. But that does not mean the gains are unsustainable or the stock can’t go even higher.
Last week will be remembered as the week AI proved it was more than just a blip in the radar for the market. NVIDIA’s (NASDAQ: NVDA) earnings and guidance cemented that the demand for AI is real, the adoption of the new technology is real, and it’s only just beginning.While most
The analysts covering Nvidia NVDA are struggling to come up with superlatives to describe the chipmaker’s blockbuster quarterly results. Coming into Nvidia’s May 26th quarterly numbers, many analysts saw some upside to consensus e
The following companies are expected to report earnings prior to market open on 05/30/2023. Visit our Earnings Calendar for a full list of expected earnings releases.Elbit Systems Ltd. (ESLT)is reporting for the quarter ending March 31, 2023. The aerospace and defense company's
The PCE price index came hotter than expected and will profoundly impact the market. The index accelerated at the core and headline levels and on a month-to-month and YOY basis which can lead to only 1 thing: higher interest rates. The FOMC indicated a pause was possible at the
Should the data show that inflation is not letting up, we could see the market start to rethink what the Fed may do at its upcoming June policy meeting.
The following companies are expected to report earnings prior to market open on 05/26/2023. Visit our Earnings Calendar for a full list of expected earnings releases.PDD Holdings Inc. (PDD)is reporting for the quarter ending March 31, 2023. The internet company's consensus earni
The following companies are expected to report earnings after hours on 05/25/2023. Visit our Earnings Calendar for a full list of expected earnings releases.Costco Wholesale Corporation (COST)is reporting for the quarter ending May 31, 2023. The discount retail company's consens
Global satellite communications specialist Iridium Communications Inc. (NASDAQ: IRDM) has a lot going for it. The stock isn't exactly at new heights, but several of its characteristics look stellar.
The company is expected to post triple-digit earnings growth this year, analysts
Note: The following is an excerpt from this week’s Earnings Trends report. You can access the full report that contains detailed historical actual and estimates for the current and following periods, please click here>>>
Note: The following is an excerpt from this week’s Earnings Trends report. You can access the full report that contains detailed historical actual and estimates for the current and following periods, please click here>>>
The following companies are expected to report earnings prior to market open on 05/25/2023. Visit our Earnings Calendar for a full list of expected earnings releases.Royal Bank Of Canada (RY)is reporting for the quarter ending April 30, 2023. The bank (foreign) company's consens
The following companies are expected to report earnings after hours on 05/24/2023. Visit our Earnings Calendar for a full list of expected earnings releases.NVIDIA Corporation (NVDA)is reporting for the quarter ending April 30, 2023. The semiconductor company's consensus earning
Analysts expected PetCo Health and Wellness (NASDAQ: WOOF) to deliver first-quarter 2023 earnings per share of $0.025. However, many are waking to a satisfying surprise, as the American pet outlet reports a 140% upside beat for $0.06 earnings per share. Today, as the company rel
Mid-cap chip-gear maker Axcelis Technologies Inc. (NASDAQ: ACLS) has been on a rocket ride, posting the following returns:
1 week: 9.68%
1 month: 13.66%
3 months: 14.26%
Year-to-date: 79.55%
On May 17, the stock jumped out of consolidation with a buy point above $136.30. It’s cu