Author: pluginever

  • HashiCorp shares spike on report that IBM is in talks to buy the company

    HashiCorp shares jumped as much as 26% on Tuesday following a media report claiming IBM was in talks to acquire the cloud software maker. Developers use HashiCorp’s software to set up and manage infrastructure in public clouds that companies such as Amazon and Microsoft operate. Organizations also pay HashiCorp for managing security credentials. Citing unnamed…

  • These are the stocks on my watchlist (4/24)

    Hi! I am an ex-prop trader that trades equities. This is a daily watchlist for trading. I might trade all of the stocks on here, or none of them, on any given day. I might trade stocks that don't appear on here! I hold no positions in any stocks long-term but Amazon/Mag7/general broad market indices.…

  • PepsiCo earnings beat estimates as international demand boosts sales

    PepsiCo on Tuesday reported quarterly earnings and revenue that beat analysts’ expectations, despite a recall of some Quaker Foods cereal and bars that dented U.S. volume. Shares of the company were down less than 1% in premarket trading. Here’s what the company reported compared with what Wall Street was expecting, based on a survey of…

  • General Motors raises 2024 guidance after big first-quarter earnings beat

    General Motors on Tuesday raised its 2024 guidance after beating Wall Street’s top- and bottom-line expectations for the first quarter. GM now expects adjusted earnings of $12.5 billion to $14.5 billion, or $9 to $10 a share, up from a previous range of $12 billion to $14 billion, or $8.50 and $9.50 a share; and…

  • Match Group (MTCH) aggressively removing paid subscribers?

    In 2022 Match Group outsourced its moderating from the US to Guatemala, which seems to correlate to a spike in the number of subscribers they began to permanently remove. What's interesting is that, all that's needed for a member to be removed, is for another member to press the report button on your profile –…

  • Biogen tops profit estimates as cost cuts take hold, Leqembi launch picks up

    Biogen on Wednesday reported first-quarter profit that topped estimates as the company’s cost-cutting efforts took hold and sales of its closely watched Alzheimer’s drug, Leqembi, came in higher than expected. Biogen and Eisai’s Leqembi became the first drug found to slow the progression of Alzheimer’s disease to win approval in the U.S. in July. The…

  • Enphase plunges after-hours following Q1 miss, below-consensus Q2 revenue view

    Enphase Energy (NASDAQ:ENPH): Q1 Non-GAAP EPS of $0.35 misses by $0.04. Revenue of $263.34M (-63.7% Y/Y) misses by $14.23M. GAAP gross margin of 43.9%; non-GAAP gross margin of 46.2% with net IRA benefit Non-GAAP gross margin of 41.0%, excluding net IRA benefit of 5.2%. Free cash flow of $41.8 million; ending cash, cash equivalents, and marketable securities of $1.63…

  • JetBlue shares tumble 15% after airline lowers 2024 revenue outlook

    JetBlue Airways shares tumbled more than 15% Tuesday after the airline lowered its 2024 revenue forecast, a setback as it tries to return to profitability. The carrier said second-quarter revenue would likely drop as much as 10.5% on the year, more than double the decline analysts polled by LSEG expected. New York-JetBlue forecast full-year sales…

  • How to bounce back after your portfolio tanks?

    I am not a smart investor. I bought about $10K worth of various stocks back in Nov. 21'. Things like Quantum computing, energy ETFs, battery tech, EV charging, etc. No blue chips. Obviously that wasn't a great time to buy looking back. Portfolio is now down about 70% from start and I've made very few…

  • 20K on SMH ETF hold for 10y

    Semiconductor industry – My research is based on the liquidity of these companies, industry focus, barriers of entry, and the demands for semiconductors. I cannot stop considering the opportunity with recent US government investments, automation, IoT, and AI. All companies on this ETF are already well-established, and there is still much more room for innovation…