Chinese luxury electric vehicle maker Nio (NYSE:NIO) published a mixed set of Q4 2020 results on Monday. While the company’s loss per American Depositary Share was wider than expected at about -$0.14, revenues came in slightly ahead of expectations growing 46.7% sequentia
Royal Caribbean stock (NYSE:RCL) gained about 6% over the last five trading days, compared to the broader S&P 500 which gained about 1% over the same period. The stock has also outperformed year-to-date, rising by about 22% since early January, compared to gains of around 4
The stock price of Cigna (NYSE: CI), a health insurance and pharmacy services management company, is up 65% from the levels it was at on March 23, 2020, when broader markets made a bottom due to the spread of Covid-19. This compares with a 74% rise for S&P over the same per
Samsung’s stock (LSE:SMSN) has rallied by about 18% over the last three months trading at about $1,860 per share. So what are some of the trends currently driving Samsung’s business and stock price? Firstly, pricing for DRAM is likely to continue to pick up over 202
The shares of Hess Corporation (NYSE: HES) have recovered to pre-Covid levels driven by the surge in benchmark prices and a strong balance sheet. In 2020, the company’s revenues and earnings were propelled by a sizable hedge position – resulting in strong cash gener
After rising more than 95% from its March 2020 lows, at the current price of $139 per share, Reliance Steel & Aluminum Co. stock (NYSE: RS) now looks overvalued. RS stock rallied from $71 to $139 off its recent bottom, compared to the S&P 500 which increased 75% from it
Up only 20% from its low in March 2020, at the current price of $96 per share, we believe Akamai stock (NASDAQ: AKAM) has significant upside potential. Akamai stock has increased from $80 to $96 off the recent bottom, much less than the S&P which increased by around 70% fro
Despite already rising 1.8x from its low in March 2020, at the current price of $460 per share, we believe Thermo Fisher Scientific stock (NYSE: TMO) has further upside potential. TMO stock has increased from $255 to $460 off the recent bottom, a little more than the S&P wh
Malaysia's Top Glove Corp Bhd is betting that pandemic-induced sales can provide enough fuel for its $1.9 billion Hong Kong listing to break through the headwind of U.S. sanctions and the prospect of slower growth as vaccinations become widespread.
Granite Real Estate Inc. (GRP.U) came out with quarterly funds from operations (FFO) of $0.77 per share, beating the Zacks Consensus Estimate of $0.76 per share. This compares to FFO of $0.69 per share a year ago. These figures are adjusted for non-recurring items.
Mexico's peso will follow a more erratic path next quarter amid growing investor concerns about President Andres Manuel Lopez Obrador's nationalist energy push, a Reuters poll showed.
Descartes Systems (DSGX) came out with quarterly earnings of $0.20 per share, beating the Zacks Consensus Estimate of $0.16 per share. This compares to earnings of $0.13 per share a year ago. These figures are adjusted for non-recurring items.
Emerging market currencies of commodity-exporting nations are set to firm over the next 12 months as the world recovers from the coronavirus pandemic - and despite recent rises in U.S. Treasury yields, a Reuters poll found on Thursday.
Points International (PCOM) came out with a quarterly loss of $0.05 per share versus the Zacks Consensus Estimate of a loss of $0.14. This compares to earnings of $0.20 per share a year ago. These figures are adjusted for non-recurring items.
GCP Applied Technologies (GCP) came out with quarterly earnings of $0.22 per share, missing the Zacks Consensus Estimate of $0.24 per share. This compares to earnings of $0.27 per share a year ago. These figures are adjusted for non-recurring items.
Falcon Minerals (FLMN) came out with quarterly earnings of $0.01 per share, missing the Zacks Consensus Estimate of $0.03 per share. This compares to earnings of $0.05 per share a year ago. These figures are adjusted for non-recurring items.
The reflation trade that spooked currency markets and threw them into disarray will be in play for at least another month, according to a Reuters poll of strategists, who were still holding on to their outlook for dollar weakness in the long run.
Northwest Pipe Co. (NWPX) came out with quarterly earnings of $0.57 per share, beating the Zacks Consensus Estimate of $0.52 per share. This compares to earnings of $1.23 per share a year ago. These figures are adjusted for non-recurring items.