If you’ve not been watching Shake Shack recently, they just topped earnings and revenue estimates on Thursday. The causal burger chain also raised its overall outlook and topped sky-high expectations for sales at established restaurants. They currently are reporting 12 cents per share in adjusted earnings, up from 3 cents. This means revenue…
U.S. stock indexes finished with their strongest monthly performances in four years on today (10/30), even as they dipped for the day amid a mixed bag of earnings reports. For October, all three major indexes posted their biggest percentage increases since October 2011, with the S&P 500 rising 8.3…
Shares of GoPro fell more than 14 percent in after-hours trade on Wednesday October 28, after the company reported earnings that missed expectations. Currently the company reported quarterly earnings per share of about 25 cents on revenue of around $400 million. This was just off of the what Wall Street…
U.S. stocks closed up more than 1 percent, near session highs, on Wednesday October 28 after the October Fed statement gave investors more confidence in the possibility of a December rate hike. The Dow Jones industrial average closed up also at about 197 points after briefly falling 24.7 points after…
Are you looking to take the plunge into investing? There are some great new tools out right now to help you start off and get your feet wet. Although most basic investment accounts today have minimum requirements that are generally at least $500 that doesn’t have to stop you. There is a…
Shares of three technology giants soared Friday after earnings, but one analyst believes Apple lacks what it needs for a similar spike when it reports next week. Amazon, Google (parent Alphabet) and Microsoft all beat quarterly expectations after the bell Thursday. This was in part on strength with growth segments like…
If you haven’t had a chance to check, U.S. stocks traded sharply higher on Thursday. Fast food giant McDonald’s delivered fresh evidence to it’s investors that its long awaited turnaround effort is gaining traction. This is good news after many shaky weeks. Following the report, McDonald’s stock jumped to an all-time…
Ferrari NV priced its initial public offering at the top of expectations this past Tuesday, raising $893 million, as drivers who love the brand snapped up its shares alongside institutional based investors. Ferrari, who is controlled by Fiat Chrysler Automobiles has pulled out all the stops to market the company to the…
Oprah Winfrey buys 10% stake in Weight Watchers International With her investment in Weight Watcher International Oprah Winfrey caused the companies stock prices to double in just one day. Oprah Winfrey has announced she will buy a 10 percent stake in Weight Watchers International Inc. By adding her celebrity and consumer…
Netflix has reported third-quarter earnings and it’s a big miss. Their earnings, per share came in at $0.07 on revenue of $1.74 billion and is missing expectations by a long shot. Then following these results, shares were down as much as 14%. But the company’s earnings webcast last week helped…