Looking for Good Stock? Check Peloton Interactive Inc. (NASDAQ: PTON) Sentiment Analysis
It seems that Peloton Interactive Inc. (NASDAQ: PTON) has attracted a lot of new buyers in 2020 amid the COVID-19 pandemic that is affecting most of the world. Despite its slow growth trajectory, the company is expected to increase sales in the coming quarters by introducing new products and expanding its international markets. The Peloton […]
Does DermTech (DMTK) have stellar fundamentals?
A positive signal came this week for DermTech Inc. (DMTK), a biotechnology company. DermaTech developed a new skin cancer diagnostic test, which a major insurance company has accepted. Cigna, which has approximately $90 billion in market cap, will cover the cost of DermTech tests through insurance programs. An easy-to-use test consists of simply glueing a […]
Fortuna Silver Mines Inc (FSM) announced its quarterly financial performance
Fortuna Silver Mines Inc. announced its quarterly financial results on Thursday and the company` CEO is delighted that the company reported a record-breaking quarter in sales and free cash flow as itcontinues to capitalize on the current metals price environment through solid production results and cost containment measures. Third-quarter 2020 highlights The company reported the […]
Warren Buffett’s Berkshire Profit soars 82% despite pandemic
Warren Buffett’s conglomerate announced their third-Quarter financial results reporting 82% increase in profit due to soared value of its portfolio but the company said that his associated businesses have been damaged significantly by the pandemic such as BNSF railroad.The Berkshire said that it earned $30.1 billion, or $18,994 per Class A share, during the reported […]
Stock Markets are Relishing US Presidential elections
The US elections results are not yet decided, but to realize that it is time to call it quits, Trump should really have focused on the complexities of the markets. At the end of the election, nevertheless, investors can get the right deal — the Democratic president, who won by a tiny difference and is […]
Alibaba furthering its stake in offline-market with $3.6 billion investment
According to latest reports e-commerce, titan Alibaba Group Holdings is set to spend $3.6 billion to bolster its stake in hypermarket operator Sun Art Retail Group Ltd, taking swift control in China’s retail market. Following the news, Sun Art stock price surged almost 21% at the opening. Alibaba, with possession of 21% of Sun Art […]
Tui is set to refund its customers amid COVID-19 lockdown
Tui has vowed to pay the refunds in the backlog in next couple of weeks following a probe by The Competition and Markets Authority (CMA) of UK. The CMA had been complained by thousands of customers after waiting many weeks for their due payments. Usually, all the paybacks should be completed within 2 weeks’ time. […]
Zoom profits from Pandemics amid restrictions of working from home
One of the prime winners of coronavirus pandemic was Videoconferencing app Zoom, as its profits doubled for the quarter ending 31 July. Zoom Revenues surged more than 350% to reach $663.5m, easily topping analysts’ outlook of $500.5 millions during the 2nd quarter this year. Company Profits rose to $186m, while customer growth surged 458%, year […]
Walmart Inc. (NYSE: WMT) and Microsoft Corporation (NASD: MSFT) are readying bid to take over US TikTok
Walmart is aiming TikTok to help grow its operations as US retail giantis joining hands with Software giant Microsoft to bid for the US operations of TikTok. Meanwhile the Chinese video-sharing app TikTok has been given 3 months to unload its US arm to US based company or face a ban in the country.US president […]
Apple (AAPL) reached 2 trillion milestones despite pandemic vows
As per latest publications iPhone-maker’s Apple Inc. (AAPL) is now priced at $2 trillion in the stock market. This landmark has never been achieved by any US company before. Another impressive aspect is that this landmark is attained just two years after the company hit the trillion milestones back in 2018. Company’s share price spiked […]