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February 18, 2021
Shares of Tilray surged 11% in pre-market trading on Feb. 18 as the cannabis producer’s fourth-quarter loss narrowed to $0.02 per share from loss of $2.14 during the same period last year. Analysts were expecting a loss per share of $0.15. Revenues came in at $56.6 million, up by 20.5% year-on-year and ahead of consensus estimates of $55.7 million. Tilray’s (TLRY) CEO, Brendan Kennedy, said, “Over the course of 2020, and despite COVID-19 related challenges, we transformed an...
February 10, 2021
Under Armour’s shares jumped 10% as the athletic apparel retailer surprised investors with posting a profit in the fourth quarter. Under Armour (UAA) reported an adjusted earnings per share (EPS) of $0.12 in 4Q versus analysts’ expectations of a loss per share of $0.07. The company’s revenues declined 3% to $1.4 billion year-on-year, surpassing consensus estimates of $1.3 billion. Under Armour’s CEO, Patrik Frisk said, “Improving brand strength and consistent o...
February 7, 2021
Last week saw the newest annual earnings release from DHI Group, Inc. ( NYSE:DHX ), an important milestone in the...
January 17, 2021
It’s like doubters of Advanced Micro Devices (NASDAQ:AMD) keep waiting to wake up one day and see the stock in free-fall as bulls overplayed their hand. The truth is, AMD stock remains a great bet on the future of technology. Source: Joseph GTK / Shutterstock.com As time goes on, computing tasks aren’t becoming less robust. They’re becoming more demanding, which increases the need for GPUs and chipmakers like AMD. The fact that AMD was a penny stock a few years ago and on th...
October 30, 2019
When the fed was raising rates mode. the market, everything is good right now. nothing spectacular going on. the gdp numbers just came out. the fed says its all great. the only fear is what are they going to do when the recession comes and what is the government going to do? were running deficits like its a stimulus program. theres not going to be another tax cut package and fed cut package. well have to go to a 0% rate -- >> neil: that gets scary. scott, i was reviewing a lot of the economic ne...