by Jamie Johnson | Aug 1, 2019 | Markets
The company saw sales of its Versa Lite smartwatch fall during the second quarter. This week, Fitbit saw its shares plummet after releasing its second-quarter earnings report. The company cut its revenue guidance for the rest of the year, blaming this on...
by Dorian Holden | Aug 1, 2019 | Markets
Beyond Meat (BYND) may have just spooked investors. All after the company priced a secondary offering at $160 a share. The company said it wants to raise $40 million to expand its manufacturing to keep pace with product demand. After all, it could...
by Dorian Holden | Aug 1, 2019 | Markets
The market didn’t get what it wanted – and made a mess. On Wednesday, Wall Street got what it was demanding for months – a rate cut. Instead of cheering the news, the market threw a tantrum. In fact, a cold response to the Federal Reserve’s quarter point rate...
by Dorian Holden | Jul 31, 2019 | Markets
The Federal Reserve hasn’t cut interest rates in nearly a decade. But that may change, as early as today with the central bank expected to cut a quarter point. They’ve cited four key reasons for doing so. One, they’re concerned that weaker global growth and...
by Jamie Johnson | Jul 31, 2019 | Markets
Apple increased its revenue as well as its fourth-quarter guidance. Apple’s shares rose more than 4% after releasing a better-than-expected earnings report. The company’s revenue increased after being down for the last two quarters and the company reported...
by Dorian Holden | Jul 30, 2019 | Markets
Beyond Meat (BYND) is still the hottest IPO of the year. Unfortunately, the stock has begun to pull back, and analysts say we could see even more downside on the announcement of a second offering of 3.25 million shares, and mixed earnings. For starters, the company...
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