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April 23, 2021
Boston Beer Pops 8% After A Blowout Quarter, Sales Outperforms Priti Ramgarhia- April 23, 2021, 9:52 AM EDT SHARE ON: Shares of Boston Beer surged 7.6% in pre-market trading after posting better-than-expected 1Q results driven by top-line growth. Meanwhile, results were negatively impacted by cost pressures. Including certain once-off items, Boston Beer’s ( SAM) 1Q earnings more than tripled to $5.26 per share, compared to $1.49 reported in th...
April 22, 2021
Amazon Web Services (AWS), an Amazon.com company, inked a strategic collaboration agreement with DISH Network Corporation. Per the terms of the deal, AWS
April 22, 2021
Intuitive Surgical Posts Strong 1Q Results, Beats Street Estimates Shrilekha Pethe- April 22, 2021, 6:06 AM EDT SHARE ON: Intuitive Surgical delivered strong 1Q results with revenues of $1.29 billion, up by 18% year-on-year, and beating analysts’ estimates of $1.1 billion. The robotics products and surgical equipment provider reported non-GAAP earnings per diluted share of $3.52, topping consensus estimates of $2.64 per share. Intuitive Surgic...
April 22, 2021
Priti Ramgarhia- April 22, 2021, 10:15 AM EDT SHARE ON: Lam Research Corporation, a semiconductor company, posted better-than-expected guidance for the fiscal fourth quarter after results topped consensus estimates in fiscal 3Q. Lam Researchâs ( LRCX) 3Q adjusted earnings increased 24% on a sequential basis to $7.49 per share and surpassed the Street estimates of $6.60. Revenue surged 11% sequentially to $3.85 billion and outpaced analystsâ expecta...
April 21, 2021
Priti Ramgarhia- April 20, 2021, 4:37 AM EDT SHARE ON: Johnson & Johnson is slated to report first-quarter 2021 earnings on April 20 before the market opens. Over the past six months, shares of the medical device company have gained 12.9% and are currently trading at $162.69. A strong set of numbers could be the catalyst for a big move upward, so letâs take a closer look at what analysts on the Street are expecting. Earnings Preview Johnson & Johnson ( ...
April 21, 2021
Priti Ramgarhia- April 20, 2021, 10:35 AM EDT SHARE ON: The volatility in the market remains elevated as the pace of economic recovery remains uncertain. Amid the uncertainty, TipRanks brings you the latest analyst action on some of your favorite stocks to help you navigate the volatility with ease. Let’s look into the top bullish and bearish calls of the day and see what top analysts are recommending. Upgrades Wells Fargo analyst Timur Braziler upgraded...
April 21, 2021
Shrilekha Pethe- April 21, 2021, 6:24 AM EDT SHARE ON: Facebook-backed Diem could launch later this year, according to a CNBC report. The report, citing an anonymous source, said that the Diem Association, a non-profit organization based in Switzerland, is planning to launch a small-scale pilot later this year with a single âstablecoinâ pegged to the US dollar. CNBC also said that if Diemâs pilot does get launched this year, it will focus main...
January 12, 2021
Can AI Beat the Market? 5 Stocks to Watch By Dan Burrows of Kiplinger | If artificial intelligence (AI) is eating the world, it was only a matter of time before stock-picking showed up on its menu. Traditionally, powerful artificial intelligence systems – and the high-octane brainpower needed to develop them – that target stocks to watch have been available only to hedge funds, quant funds and a select group of asset management firms. Danel Capital, a financial advice company, aims to ...