Tag: earnings
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![Palantir (PLTR) stock rips over 20% on earnings and unprecedented AI demand]()
Palantir (PLTR) stock rips over 20% on earnings and unprecedented AI demand
This year, one of the largest sector momentum trades was/is AI. The US markets saw AI stocks pop to kick off 2023. Take for example C3.ai under the ticker AI: BigBear.ai under the ticker BBAI: We saw the same pop move in Canadian AI names such as FOBI AI: Big pops at the beginning of…
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![Does this weeks earnings point to a recession?]()
Does this weeks earnings point to a recession?
The US stock markets continue their chop fest and range as the rally to start 2023 is set to be tested by first quarter earnings. Investors have been expecting earnings to be somewhat mixed or tepid as higher interest rates begin showing their impact on the real economy and resulting in an economic slowdown or…
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![Tuesday Recap: Dell, Best Buy, and China’s Slowdown]()
Tuesday Recap: Dell, Best Buy, and China’s Slowdown
Dell Earnings The firm reported third-quarter earnings today that beat estimates for earnings per share, but fell short of meeting the street’s revenue expectations. Here are the stats: Shares traded down in aftermarket trading as the firm cut its FY2020 sales forecast. It’s not that surprising because if a firm is reducing its own expectations…
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Canopy Growth (WEED.T) financials are catastrophic, $74m loss, $32m in returned product/writedowns
Listen up, true believers – Canopy Growth Corp (WEED.T) will not be rewarding your love any time soon. This isn’t news, obviously. We’ve told you this several times. Hell, your CEO told you the company would need at least three years to fly right. And yet, even after the company released financials today that showed…
