Category: stocks
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Dell beats estimates as server sales soar 80%, riding AI wave
Dell reported quarterly results on Thursday that beat Wall Street expectations, powered by an 80% increase in server sales. The stock rose more than 5% in extended trading. Here’s how the company did for the fiscal second quarter vs. LSEG consensus estimates: Revenue: $25.06 billion vs. $24.53 billion expected EPS: $1.89 adjusted, vs. $1.71 expected…
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Owning 5% of an unaudited/Alternative Reporting Standard company…….
I've been accumulating shares of a certain stock over the past 5-6 years. I have been able to accumulate enough shares to get me over the 5% mark of the outstanding shares. My question is…..Since they are an alternative reporting standard company/unaudited…..Do I still have to file with the SEC? or Can I wait until…
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CrowdStrike valuation
Why is CRWD valued at this level? https://finance.yahoo.com/quote/CRWD/key-statistics/ Rounded numbers: Share price is 270, EPS is 0.5. Market cap is 70B, profit is in millions. 2023 revenue 2B. Trailing PE is 400-800. Forward PE is 70. What kind of a catalyst is this stock looking at to make this make sense?
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The Core PCE price index for July increased 2.6% lower than the expected 2.7% on an annual basis.
The Core (excludes volatile food and energy prices) PCE price index for July increased 2.6% lower than the expected 2.7% on an annual basis. PCE MoM is 0.2% vs 0.2% Expected FOMC focuses on PCE inflation in its quarterly economic projections and also states its longer-run inflation goal in terms of headline PCE. PCE inflation…
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r/Stocks Weekly Thread on Meme Stocks Saturday – Aug 31, 2024
The meme stock scheduled posts will now run weekly and post Saturday afternoon and won't be a sticky; you're probably seeing this because automod sent you here! Full list of meme stocks here. This will be updated every once in a while. Welcome traders who just can't help them selves discuss the same exact stock…
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Why would someone exercise an option prior to expiration rather than sell it?
Title, is there a good reason to do this? Someone exercised a put I had sold yesterday that expires today… but why? Wouldn’t they have been better to have just sold the put and sold the stock on the open market? Or maybe the market messed up briefly and they saw a quick arbitrage play…
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Alibaba shares jump after it completes three-year regulatory overhaul
Alibaba has completed a three-year regulatory “rectification” process following an antitrust fine it received on charges of monopolistic practices in 2021, China’s market regulator said on Friday. Shares of Alibaba rose more than 3% in Friday morning trading. On Friday, China’s State Administration for Market Regulation (SAMR) said that, over the past few years, it…
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MongoDB shares surge as high as 16% on guidance boost
MongoDB shares jumped as much as 16% in extended trading Thursday after the database software maker reported healthy fiscal second-quarter earnings and pushed up full-year guidance. Here’s how the company did against LSEG consensus: Earnings per share: 70 cents adjusted vs. 49 cents expected Revenue: $478.1 million vs. $464.1 million MongoDB’s revenue grew 13% year over year in…
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How do stocks get front-run before information is public if insider trading is illegal?
For example, I've seen cases where people buy tons of stocks/options for certain strike prices that are WAYYYY out of the money, and somehow it “magically” reaches that price and ends up in the money on or before that exact date when a large merger or acquisition happens sending the stock up 100% in a…
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Why I’m bullish on NuBank (NU)
I've been diving into NuBank, and honestly, it's hard not to get excited. They’re one of the biggest digital banks in the world, with massive growth in Brazil and Latin America. They’re revolutionizing banking for millions who were previously underserved. Their stock has shot up over 120% in the last 12 months, and I don’t…