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Galaxy digital shares jump despite widening losses in the second quarter
Crypto investment firm Galaxy Digital GLXY, +18.96% , which was founded by billionaire Michael Novogratz, saw its shares jump 20% Monday. The firm rep...
August 8, 2022, 10:59 am
Edi: moving from sell to hold after a -33% price drop
Stone Harbor Emerging Markets Total Income is an EM CEF. The fund has been negatively affected by rising risk-free rates and widening EM spreads....
August 5, 2022, 5:43 am
Nikola stock jumps toward 3-month high after revenue beat expectations, and delivery target affirmed
Shares of Nikola Corp. NKLA, +7.47% shot up 5.2% toward a three-month high in premarket trading Thursday, after the electric vehicle maker reported a ...
August 4, 2022, 9:16 am
Exclusive: j.jill ceo on new democratization and pricing agenda
The women's apparel retailer is widening its in-store sizes, communicating more on styling, and unifying pricing across the full 0-28 range online (an...
August 4, 2022, 8:10 am
Market mover: hiscox tumbles after posting first half loss
Hiscox saw its shares tumble 8.3% in early trading after the Lloyd's of London insurer posted a pre-tax loss of US$107mln in the first half of the yea...
August 3, 2022, 4:35 am
Oil etfs climb as u.s. crude exports hit record highs
Oil-related exchange traded funds strengthened Wednesday as inventory levels dipped with U.S. exports hitting an all-time high in response to the wide...
July 28, 2022, 3:25 pm
Spotify ceo daniel ek says “very dire macro environment” isn't stopping company's momentum; strong q2 subscriber outlook boosts battered stock
Spotify CEO Daniel Ek says the “dire macro environment” of inflation and other headwinds has not slowed the company's momentum. He delivered the c...
July 27, 2022, 8:48 am
Spotify stock rallies after loss widens, but revenue and maus beat expectations
The U.S.-listed shares of Spotify Technology S.A. SPOT, -5.84% rallied 2.9% in premarket trading Wednesday, after the Luxembourg-based digital music s...
July 27, 2022, 6:18 am
Gamestop's bear case continues to widen
GameStop Corp. ( GME , Financial) is in the news again following its four-for-one stock split last week. The move made its shares more affordable, but...
July 25, 2022, 2:56 pm
Bgb: discount widening for a potential opportunity, but risks exist
BGB is heavily invested in senior secured floating rate loans, meaning it should benefit from higher rates. The portfolio is highly leveraged and inve...
July 23, 2022, 2:27 am
Why these 2 analysts are bullish on las vegas sands despite huge 2q loss
Las Vegas Sands Corp. (NYSE: LVS) reported a 10.3% decline in revenues to $1.05 billion for the second quarter. The company's loss widened to $290 mil...
July 21, 2022, 1:31 pm
Ocado losses widen but confidence in future profits undimmed
Ocado Group PLC (LSE:OCDO) reported lower revenues and bigger losses for the first half but insisted it has a “clear path” to at least £750mln ...
July 21, 2022, 4:07 am
Baker hughes stock drops after adjusted profit and revenue miss expectations, demand seen deteriorating
Shares of Baker Hughes Co. BKR, +3.90% dropped 4.3% in premarket trading Wednesday, after the oilfield products and services company reported second-q...
July 20, 2022, 7:14 am
Affirm: cautious around slowing consumer spend and regulatory scrutiny
Affirm reported a stronger than expected quarter in May, with revenue and GMV both coming in nicely above expectations. Guidance for Q4 was slightly d...
July 19, 2022, 9:01 pm
High-yield dividend hasbro may have hit bottom
Hasbro (NASDAQ: HAS) is not immune to the issues plaguing the market today but it is outperforming what we've seen so far this earnings cycle and in m...
July 19, 2022, 11:18 am
Tomtom's q2 loss widens as inflation, supply chain issues weigh
Dutch navigation and digital mapping company TomTom on Friday reported worse-than-expected loss for the second quarter, citing high inflation and stra...
July 15, 2022, 1:33 am
Teladoc (tdoc) widens primary360 offerings with new services
Teladoc (TDOC) will provide in-home and on-demand phlebotomy services for its Primary360 members with Scarlet Health's support....
July 7, 2022, 4:14 pm
Megi: revisiting this new infrastructure fund, discount widens further
We took a look at MEGI earlier this year with some interest; I wanted to revisit this fund after the volatile 2022 we've been experiencing. The fund w...
July 3, 2022, 1:50 am
As g7 winds down, russia hit with more sanctions
As sanctions on Russia widen, the G7 countries are expected to slap more sanctions on Russian gold. As of the time of this writing, the U.K., the U.S....
June 28, 2022, 7:16 pm
Prospect capital: a dividend cut could come soon
Prospect Capital's book value discount has widened to 32%. Portfolio is still well performing, but growing BV discount implies that investors are conc...
June 26, 2022, 5:02 am
