Shares of Globe Life Inc. GL plummeted 53.1% following allegations about multiple instances of insurance fraud.
Constellation Brands, Inc.’s STZ shares gained 1.3% after reporting fourth-quarter fiscal 2024 earnings of $2.26 per share, beating the Zacks Consensus Estimate of $2.10.
Fastenal Company’s FAST shares plunged 6.5% after reporting first-quarter 2024 revenues of $1.89 billion, missing the Zacks Consensus Estimate of $1.91 billion.
Shares of Alphabet Inc. GOOGL rose 2.1% on the “Magnificent 7” having a field day at the markets.
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Globe Life (GL) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
While the alcohol giant’s margins in the category are improving, it also saw an 8% decline in its wine and spirits portfolio last quarter.
We have narrowed our search to five mid-caps that have strong potential for 2024. These are ALSN, SM, JXN, PRI and LANC.
Google's is adding more AI security features to its offerings as it seeks to better monetize its investments.
JPMorgan Chase (JPM), Wells Fargo (WFC): The banking giants posted earnings and revenue that trumped Wall Street's expectations. However, JPMorgan projected muted growth for the rest of the year.
Chewy (CHWY) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.
Iran launched drones vs. Israel, sending Bitcoin tumbling. Iran attack fears spurred Friday's market sell-off.
Donald Trump is poised to make a huge profit from his latest venture, even as outside investors lose their shirts. Stop me if you’ve heard this one before.
Launching a stock split often suggests a company is confident about its future.
A fuller picture of Wall Street's reaction to Iran's assault on Israel will come on Sunday evening, when futures trading opens in the U.S. for stocks, bonds, commodities and currencies.
Advanced Micro Devices is diving into the artificial intelligence (AI) industry.
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Investors in a hedge fund from Baker Bros. Advisors recently received one of the largest windfalls ever following Pfizer’s purchase of Seagen.
Great investing minds appear to be thinking alike about two top AI stocks.
Chip giant Nvidia (NVDA) has already entered a correction territory this week. Although it recovered the strength later on, there is limited upside potential.
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Upside for Arista stock from artificial intelligence-driven data center Ethernet switches could be thwarted by Nvidia, says a Rosenblatt Securities analyst.
