Author: pluginever

  • Salesforce beats earnings estimates, president and CFO Amy Weaver to step down

    Salesforce shares rose about 1.5% in extended trading on Wednesday after the business software maker reported robust fiscal second-quarter results that beat estimates and raised its full-year profit outlook. The company also announced president and CFO Amy Weaver will step down. She will remain at the company as the CFO until a successor is appointed…

  • (8/29) – Thursday’s Pre-Market News & Stock Movers

    Good morning traders and investors of the r/stocks sub! Welcome to the new trading day and a fresh start! Here are your pre-market stock movers & news on this Thursday, August the 29th, 2024- Stock futures rise as Wall Street looks to rebound from Wednesday’s pullback: Live updates Stock futures rose Thursday, as investors looked…

  • r/Stocks Daily Discussion & Options Trading Thursday – Aug 29, 2024

    This is the daily discussion, so anything stocks related is fine, but the theme for today is on stock options, but if options aren't your thing then just ignore the theme. Some helpful day to day links, including news: Finviz for charts, fundamentals, and aggregated news on individual stocks Bloomberg market news StreetInsider news: Market…

  • Is DJT an obvious short?

    The company has a $4bn market cap, but made revenues of only $3.4m, and lost $379m, over 100x it's revenue. Are Trump fanatics really enough to stop this garbage stock pretty much going to zero? Or am I missing something here because it seems like an obvious strong sell.

  • Why do so many non Day traders talk down on day trading?

    I continually see people on reddit on different subs talk down on Day Trading saying how its “gambling and waste of time” etc… Like i understand it can be some form of gambling if you don't have a strategy and proper risk management. But saying that you can't make money off of trading and that…

  • Buffett’s Berkshire Hathaway hits $1 trillion market value

    Warren Buffett’s Berkshire Hathaway reached a $1 trillion market capitalization on Wednesday, the first non-technology company in the U.S. to score the coveted milestone. Shares of the Omaha-based conglomerate have rallied more than 27% in 2024, nearly doubling the S&P 500′s return. The $1 trillion threshold was crossed just two days before the ‘Oracle of…

  • Global Licensor Report 2024: sect grew by 3.5B. Disney continues to lead w/ 62B, Warner 15B, Universal 11B, Mattel 8.5B, Hasbro 14B.

    Source: https://www.licenseglobal.com/rankings-lists/top-150-leading-licensors The Top 10 Global Licensors of 2024: The Walt Disney Company – $62B (E) Authentic Brands Group – $28B (E) Dotdash Meredith – $26.4B (E) Warner Bros. Discovery – $15B Hasbro – $14.1B (E) NBCUniversal/Universal Products & Experiences – $11.5B The Pokémon Company International – $10.8B Bluestar Alliance – $8.5B (E) Mattel –…

  • Super Micro tumbles 18% after company says it will not file 10-K on time

    Super Micro Computer (NASDAQ:SMCI) shares dropped 9% in premarket trading on Wednesday after the server company said it would not be able to file its annual 10-K report on time. (Link: https://www.businesswire.com/news/home/20240828945654/en/Super-Micro-Computer-Inc.-to-Delay-Form-10-K-Filing-for-Fiscal-Year-2024) “SMCI is unable to file its Annual Report within the prescribed time period without unreasonable effort or expense,” the company said in the filing. “Additional time is needed…

  • Gap beats earnings and revenue estimates, hikes profit margin outlook

    Gap beat quarterly earnings and revenue estimates and raised its full-year profit margin outlook, the apparel retailer said in results released earlier than expected Thursday. The company’s shares rose nearly 3% after being halted for much of Thursday morning. Bloomberg reported that a presentation showing the results briefly appeared on Gap’s website in the morning,…

  • Best Buy shares jump on profit beat and guidance hike

    Best Buy raised its fiscal-year profit guidance Thursday after exceeding earnings and revenue expectations for the most recent quarter. The retailer now expects to see full-year adjusted earnings per share in the range of $6.10 to $6.35, up from a prior range of $5.75 to $6.20. The company, however, lowered the top end of its…