CSSE stock tanked 10.4% in Friday’s premarket. Chicken Soup for the Soul reported a wide GAAP loss of $-1.39 in Q2. CSSE just concluded its acquisition of Redbox on Thursday. Chicken Soup for the Soul (CSSE) stock is down 10.4% in Friday’s premarket a day after it reported second quarter earnings that wildly missed forecasts.… Read More »
“China’s war games around Taiwan have led Biden administration officials to recalibrate their thinking on whether to scrap some tariffs or potentially impose others on Beijing, setting those options aside for now, according to sources familiar with the deliberations,” said Reuters in late Wednesday. Key quotes President Joe Biden has not made a decision on… Read More »
The Trade Desk delivered Q2 results that beat expectations on revenue. Q3 guidance was also better than expected. TTD stock spiked more than 16% in Wednesday’s premarket. The Trade Desk (TTD) stock has advanced 16.5% in Wednesday’s premarket after the digital advertising marketplace posted much better second quarter results than the market expected. Ever since… Read More »
Founder and CEO Elon Musk has sold $6.9 billion in TSLA stock. Musk said the sale was to prepare for the possibility he will be forced to buy Twitter. Musk offered $43 billion for the social media platform this spring before reneging on the deal. Elon Musk’s sale of $6.9 billion in Tesla (TSLA) stock in… Read More »
Coinbase Global will unveil Q2 earnings after Tuesday’s market close. Wall Street expects adjusted EPS of $-1.23 on revenue of $868 million. COIN stock has rallied 78% in the past month. The question for Coinbase (COIN) as the market awaits the second quarter earnings release after Tuesday’s close is not whether earnings will be… Read More »
Nvidia lowered its estimates for Q2 revenue ahead of schedule. The semiconductor said gaming revenue was the primary culprit. NVDA stock shed in early Monday trading 6% on the news. Nvidia (NVDA) is down 6% at $178.55 after the world’s premier GPU designer released preliminary second-quarter forecasts that underwhelmed expectations by a mile. The fabless… Read More »
Upstart releases Q2 earnings post-market on Monday, August 8. The Street has an average forecast of $0.08 in adjusted EPS on $235 million in revenue. Upstart has beaten on top and bottom lines for all six of its earnings calls as a public company. Upstart Holdings (UPST), the down on its luck former pandemic… Read More »
Plug Power is set to deliver Q2 earnings after the market closes on August 9. Wall Street expects $-0.20 EPS on $164 million in revenue. PLUG stock should benefit from tax credits in the new clean energy bill. It is not every day that a company’s stock price increases heading into earnings that have been… Read More »
