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Global cannabis giant Tilray is set to release its fiscal first-quarter 2022 earnings on Thursday before the US markets open. What’re analysts expecting from the company’s earnings and can the stock recover some of its recent losses after the earnings? Earlier this year, Tilray and Aphria had merged to create the world’s biggest cannabis company….
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Yesterday, Tesla reported its deliveries for the third quarter. The Elon Musk-run company delivered 241,300 cars in the quarter which were way ahead of estimates. Tesla delivered 232,025 Model 3/Y in the quarter while the remaining 9,275 were Model S/X. Over the last couple of years, the share of higher-priced Model S/X in the company’s…
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Dollar Tree (DLTR) stock rose a whopping 16% yesterday which was its biggest single-day rise in years. However, despite the rise, the stock is trading with a year-to-date loss even as some of the other retail companies are trading with strong gains for the year. What’s the forecast for the DLTR stock and is it…
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The global chip shortage situation is taking a toll on automotive companies. Tesla would soon release its third-quarter deliveries which would provide insights into how much the chip shortage situation is impacting the company. Chinese electric vehicle makers NIO and Li Auto have already lowered their delivery guidance for the third quarter. Earlier this month,…
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Disney stock has been weak this year and is trading with a year-to-date loss of 2.3%. The stock tumbled earlier this week after the CEO Bob Chapek provided a business update. Disney stock is now down 14.5% from its 52-week highs and is in a correction zone after having fallen over 10% from the recent…
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Logistics giant FedEx is set to release its fiscal first-quarter 2022 earnings on Tuesday. What’re analysts expecting from the earnings and is it a buy now? FedEx stock has been under pressure this year. The stock is trading almost flat for the year even as the S&P 500 has delivered strong double-digit returns over the…
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What Are The Best Technical Indicators For Day Trading In Stocks? When it comes to shares and stocks, day trading is an entirely different ballgame than long-term stock investment. Many people consider day trading to be a high-risk activity because it requires sharp acumen as well as profound stock intelligence to prevent major losses from…
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Wall Street analysts have turned bullish on Cisco stock after its investor day. Should you also take a bullish view of the company? Like many other legacy companies, Cisco has also been making efforts to pivot the business towards software. The strategy makes sense, as not only is the software business generally profitable and less…
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GameStop is set to release its fiscal second-quarter 2021 earnings on Wednesday after the close of markets. What should investors expect from the gaming retailer’s earnings? GameStop stock has been very volatile in 2021. The stock trades at less than half of its peaks but is still up over 1,075% for the year. GameStop, along…
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Cathie Wood of ARK Invest, who is among the most prominent Tesla bulls, has reiterated the $3,000 target price for the EV (electric vehicle) company even as TSLA admitted to delays in the delivery timelines for upcoming models. Tesla had unveiled its Cybertruck pickup in 2019 with much fanfare. While the event was marred by…
