Sonos reported $372.8M in revenue in Q3, less than the $424.03M consensus. Sonos claims that inflation contributed to the softened revenue during the quarter. Market analysts expected $302.6M adjusted EBITDA on $1.98B in sales. Sonos (SONO) shares lost 15% after the renowned audio-products producer trimmed its full-year projection for revenue and adjusted EBITDA. Sonos Misses … Read more
Briefly – Novavax adds approximately 14% ahead of its Q2 results report. The firm has won multiple say-sos for its COVID vaccine. Analysts expect Novavax to announce higher earnings. Novavax, Inc. isn’t the usual meme stock like AMC and GameStop. Nevertheless, NASDAQ: NVAX has attracted retail investor attention at the least of the updates. Things … Read more
BP share has seen recoveries within the last few days. The firm will announce its quarterly earnings tomorrow, Tuesday. The form will likely publish profitability and impressive revenue. BP’s share price recorded a massive recovery over the last few days as market participants await upcoming financial results for the company. The stock climbed towards the … Read more
The stock market might not appear inviting today, with leading indexes declines and the strongest stocks struggling. However, bear markets are an opportunity for long-term investors. It’s challenging to maintain enthusiasm when interacting with bear markets. Witnessing leading indexes dropping over 20% from previous highs can be frustrating. However, giving up could be the worst … Read more
DAX index has encountered massive resistance over the last few days. ECB hiked rates last week. Russia slashed Europe gas supplies this week. The DAX index retraced on Tuesday as market players continued to ponder corporate earnings, hawkishness by the European Central Bank and Federal Reserve, and the gas crisis in Europe. The index plummeted … Read more
2022’s first half is over. Meanwhile, the financial world struggled with S&P 500 witnessing its worst H1 in over 50 years. Most investors watched their holdings crash. Nevertheless, the stock market will not stay in stagnation forever. Here are lucrative stocks that can earn your impressive return in 2022 H2. Novocure (NVCR) The last 12 … Read more
Briefly – Aston Martin’s stock price has plummeted to a new ATL (all-time low). The company’s growth shows uncertainty. The firm might become a lucrative acquisition target. The Aston Martin (AML) share price maintained its bearish trend today amidst faded stock demand. The share plummeted to explore new all-time lows at 434p, more than 97% … Read more
Briefly – Rolls Royce’s share has maintained a strong bearish bias. The firm’s civil aviation sector is performing well. Also, Rolls Royce battles substantial input and wage inflation. The last few months saw the Rolls Royce share exhibiting massive bearish trends. RR has lost about 35% in 2022, underperforming SPDR industrial index and FTSE 100 … Read more
Adyen gained increased traction within the industry due to its sole business model. While competition remains high, Adyen seems an attractive stock to buy now. Investors should not ignore the payment processor. The worldwide card payment industry will likely grow swiftly in the upcoming years. Nilson Report believes global card transaction volume will hit $52.4 … Read more
Briefly – Occidental Petroleum lost 12.82%, closing the previous week at $55. Investors have been watching the stock since February. Interested traders can consider OXY as it contemplates new highs. Occidental Petroleum Corporation traded at $55 at this publication. It is under the NYSE: OXY ticker. Meanwhile, the stock plummeted to its current level after … Read more
