Articles for author: The whipping post

The whipping post

Lucid's Delivery Gains, New SUV Can't Shake Profit Concerns

Lucid Group Inc. LCID is betting big on its upcoming Gravity SUV to capture a broader slice of the electric vehicle (EV) market, but it’s a cautious play for investors. Needham’s Chris Pierce reaffirmed a Hold rating on LCID stock, highlighting promising delivery gains while flagging concerns over long-term profitability and further dilution risks. Chart ...

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Tucows Reports Narrower Y/Y Loss in Q3 and 6.1% Revenue Increase

Tucows Inc.’s TCX third-quarter 2024 results reflect a clear focus on revenue and margin improvement, driven largely by the Ting Internet and Tucows Domain segments. The company emphasized capital efficiency in the Ting Internet business through a strategic pivot and workforce reduction. These efforts have helped mitigate the impacts of network-related depreciation and amortization costs. ...

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CEG Stock Gains 6.9% Since Q3 Earnings Beat: Time to Buy or Hold?

Constellation Energy Corporation CEG shares have gained 6.9% since it reported third-quarter 2024 results on Nov. 4. Constellation Energy reported third-quarter 2024 earnings of $2.74 per share, which surpassed the Zacks Consensus Estimate of $2.72 by 0.7%. The bottom line also increased 28.6% from the year-ago figure of $2.13. The CEG stock closed at $241.59 ...

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What Trump 2.0 Means for the AI Boom

Well, Election Day is finally over. We now have a pretty clear idea of who will run the U.S. government. A red wave swept across the U.S. this week, with Donald Trump winning the presidential election. I’m on the record stating that whoever won Pennsylvania would win the election – and that’s exactly what happened. ...

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Match Group's Q3 Earnings Beat Estimates, Revenues Up Y/Y

Match Group MTCH reported third-quarter 2024 earnings of 51 cents per share, beating the Zacks Consensus Estimate by 10.87%. The bottom line declined 10.5% compared to the year-ago quarter’s reported figure. Revenues of $895.48 million increased 1.5% year over year and missed the Zacks Consensus Estimate by 0.54%. On an FX-neutral basis, revenues increased 3% ...

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Thursday's ETF with Unusual Volume: EFIV

The SPDR S&P 500 ESG ETF is seeing unusually high volume in afternoon trading Thursday, with over 458,000 shares traded versus three month average volume of about 87,000. Shares of EFIV were up about 0.7% on the day. Components of that ETF with the highest volume on Thursday were Nvidia, trading up about 1.7% with ...

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MGX Investors Have Opportunity to Lead Metagenomi, Inc. Securities Fraud Lawsuit

LOS ANGELES, Nov. 7, 2024 /PRNewswire/ — The Law Offices of Frank R. Cruz announces that investors with substantial losses have opportunity to lead the securities fraud class action lawsuit against Metagenomi, Inc. (“Metagenomi” or the “Company”) MGX. Class Period: February 2024 IPOLead Plaintiff Deadline: November 25, 2024 If you are a shareholder who suffered ...

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Top 3 Tech Stocks You'll Regret Missing In November

The most oversold stocks in the information technology sector presents an opportunity to buy into undervalued companies. The RSI is a momentum indicator, which compares a stock’s strength on days when prices go up to its strength on days when prices go down. When compared to a stock’s price action, it can give traders a ...

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No Middleman, No Markup: How Red Mesa Is Slashing Costs With Around-The-Clock Hemp Refinement

Why allow intermediaries to add unnecessary costs when direct relationships can bring quality to the forefront? As supply chains tighten across industries, Red Mesa Science & Refining is pioneering a streamlined approach to bring minor cannabinoids to market.  By bypassing brokers and relying on an efficient, around-the-clock refinement process, Red Mesa aims to reduce costs, ...