Author Archives: Chris Lange

Nike, Micron, BlackBerry, Carnival and More Major Earnings Coming This Week

The markets are currently in the quiet period between earnings seasons, but a few major companies will be sharing their results this week. While these firms aren’t Apple, Boeing or ...
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Wedbush’s Top Picks in the Observability Tech Field

The term “observability” is being used to describe next-generation approaches to observing and troubleshooting complex distributed systems with high cardinality of its various entities and a high potential for “unknown-unknowns” ...
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Analyst Sees Big Upside in Nuance Communications After the Spin-Off

Nuance Communications Inc. (NASDAQ: NUAN) is planning to spin off its auto business into a new public company, Cerence, which will begin trading on October 1. Ahead of this spin-off, ...
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Why This Analyst Is Still on the Sidelines About Oracle

Oracle Corp. (NYSE: ORCL) kicked off its analyst meeting by reiterating its expectation to accelerate revenues in the 2020 fiscal year and even more in the following year. The main ...
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Friday’s Top Analyst Upgrades and Downgrades: Apple, Aurora Cannabis, Constellation Brands, Etsy, Marathon Oil, Roku, Square, Tilray and More

Despite recent volatility, the S&P 500 is still very close to its all-time highs. Investors have to grapple with much slower economic growth at the same time the bull market ...
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Ping Identity: Another Red-Hot IPO

Ping Identity Holding Corp. (NYSE: PING) was another IPO that had an incredible Thursday. Shares entered the market at $18.75, well above the $15 pricing. The company originally announced that ...
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Datadog Enters the Market With a Bang

Datadog Inc. (NASDAQ: DDOG) entered the markets with a bang on Thursday. Shares went out at $40.35, after pricing at $27 per share, above the expected price range. The company ...
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More Millennials Are Shopping for Credit Cards

Millennials make up a huge portion of consumers in the U.S. economy and, with all this spending, millennials are flocking to credit cards. In fact, according to a report from ...
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What’s in the Mix for Beyond Meat?

Beyond Meat Inc. (NASDAQ: BYND) shares have backed off from their incredible run over the summer. This comes as more businesses are coming around to the idea of faux meat ...
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US Steel Gets Burned by Updated Guidance

United States Steel Corp. (NYSE: X) shares dropped sharply on Thursday after the firm cut the guidance for its third quarter. Looking at the chart, it’s not surprising that this ...
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Darden Retaurants’ Earnings: All Sizzle, No Steak

Darden Restaurants Inc. (NYSE: DRI) released its fiscal first-quarter financial results before the markets opened on Thursday. The company posted $1.38 in earnings per share (EPS) and $2.13 billion in ...
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Thursday’s Top Analyst Upgrades and Downgrades: Beyond Meat, US Steel, Check Point Software, Applied Materials, AutoZone, Costco and More

The S&P 500 and Dow Jones industrials took a step back on Wednesday, breaking away from all-time highs. This downward move — albeit somewhat unexpected — came after Fed Chair ...
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What to Expect When Darden Reports Thursday

Darden Restaurants, Inc. (NYSE: DRI) is scheduled to release fiscal first-quarter financial results before markets open Thursday. The consensus estimates are calling for $1.36 in earnings per share (EPS) and ...
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Why China Could Bring the Upside Surprise for Apple and the iPhone 11

Apple Inc. (NASDAQ: AAPL) is on the verge of releasing its newest generation of iPhone, the iPhone 11 and iPhone 11 Pro. While the United States is a huge market ...
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Wall Street Tries to Look Past FedEx’s Worst Day Since Financial Crisis

FedEx Corp. (NYSE: FDX) reported its most recent quarterly results after the markets closed on Tuesday. While the actual earnings from the quarter were not that bad, guidance is what ...
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