Category: stocks
-
Intuitive Machines Strengthens Lunar Service Capabilities with $116.9 million NASA Lunar Contract Award
Intuitive Machines (Nasdaq: LUNR) has been awarded a $116.9 million NASA contract to deliver six science and technology payloads to the Moon's South Pole. This marks the company's fourth CLPS contract for lunar payload delivery and data collection. The mission will include payloads such as: LEIA: studying yeast response to lunar conditions PROSPECT: a European…
-
Birkenstock Reported Record Sales, stock is down 16%
Record-breaking quarters just aren’t enough for the market anymore. Just ask Birkenstock Holding, down 16% today. Although the company posted its highest quarterly revenue on record, its stock tumbled Thursday. The results failed to meet investors’ lofty expectations, putting the stock on track for its largest percentage decline since its public debut last October. Shares were down…
-
Ulta misses expectations, trims guidance after quarterly sales decline
Ulta Beauty shares fell 7% in extended trading Thursday as the company fell short of second-quarter expectations and trimmed its full-year guidance after a decline in same-store sales during the most recent period. It was the company’s first earnings per share miss since May 2020 and first revenue miss since December 2020. Comparable sales for…
-
Hate how people say options buying is risky
Option contracts are literally insurance, they inhenrently have capped downside. It's like buying a time-bound flood insurance policy that covers 100% of losses after a deductible. If there is no flood, then you lose 100% of the contract value, but the insurance price was cheap compared to the property anyways, so no worries. If there…
-
Deep dive into Lululemon – Outsmarting Nike and Adidas
1.0 Introduction At first glance, Lululemon seems like an apparel company that somehow continues to do well, despite selling overpriced products. However, there’s a lot more than that. I’ll argue it should be a case study in every business school, as it continues to outsmart giants like Nike and Adidas. Lululemon has been growing its…
-
r/Stocks Daily Discussion & Fundamentals Friday Aug 30, 2024
This is the daily discussion, so anything stocks related is fine, but the theme for today is on fundamentals, but if fundamentals 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 Check…
-
Dollar General shares crater 20% as retailer cuts outlook, blaming ‘financially constrained’ customers
Dollar General shares tumbled on Thursday after the discount retailer slashed its sales and profit guidance for the full year, suggesting its lower-income customers are struggling in this economy. Shares of the retailer which caters to more rural areas tumbled 20% in premarket trading following the earnings report. The company now expects fiscal 2024 same-store…
-
Apple, Nvidia in talks to join OpenAI funding round, media reports say
Source is WSJ & Bloomberg via Reuters. The Wall Street Journal first reported on Apple's interest, citing sources, while Bloomberg News reported on Nvidia's potential involvement. The news comes a day after the Journal reported that venture capital firm Thrive Capital would invest around $1 billion in OpenAI, leading the funding round. Apple and OpenAI…
-
Buying stocks with the intent of selling them in 8 months
25 y/o first time investor here. I have some cash lying around and cannot decide between investing in stocks and putting it in a EU bank account that offers 3.75% annual interest. Investment in stocks would have been a no brainer if I did not have to withdraw the entire sum in around 8 months…
-
Lululemon cuts guidance, misses sales estimates after botched product launch
Lululemon missed Wall Street’s fiscal second-quarter sales expectations and lowered its guidance Thursday after it botched a highly anticipated product launch and growth slowed in the Americas. The company now expects full year net revenue to be between $10.38 and $10.48 billion, down from a previous range of between $10.7 billion and $10.8 billion. Lululemon…