Live Nation (LYV) shares are down around 15% from its 2024 peak, largely due to concerns regarding a new antitrust probe. According to reports from the Wall Street Journal, the U.S. Justice Department is gearing up to file an antitrust lawsuit against the owner of Ticketmaster, Live Nation, citing a
Shares of United Airlines (UAL) surged over 17% following the release of better-than-expected first-quarter financial results. Should the world’s leading airliner, measured by destinations, maintain its upward trajectory this month, it will mark its first six-month winning streak since 2016. United’
At first glance, there was nothing too remarkable about the Genuine Parts (NYSE:GPC) earnings report. The auto parts company gave a mixed report with earnings per share (EPS) coming in slightly higher than analysts’ expectations and revenue coming in slightly lower. But what investors shouldn’t be t
Microvast (NASDAQ:MVST) is an overlooked player in the electric vehicle ecosystem. The company operates as a vertically integrated manufacturer of lithium-ion batteries and satisfies a vital role across various stages of battery production. The company caters to a diverse customer base that includes
On April 11, Constellation Brands (STZ) reported fiscal 2024 fourth-quarter results that impressed investors. The global producer of beer, wine, and spirits reported profits that not only surpassed Wall Street’s expectations, but also provided a glowing outlook for the current year. This news drove
CarMax (KMX) investors are concerned, as evidenced by a significant drop in the company’s stock. Last week, shares of the nation’s largest used car retailer fell more than 12% following a disappointing quarterly update. This decline not only wiped out a strong start to 2024 but also placed the stock
Costco (NASDAQ:COST) holds the title as the undisputed leader in the warehouse club sector. The company, beloved for its $1.50 hot dog meal that hasn’t gone up in price since it was introduced in 1985, has recently become one of the top suppliers of gold and silver in the United States. Costco is re
McCormick & Company (NYSE:MKC) shares are trading near its six-month high, driven by an encouraging earnings announcement and confirmation of management’s 2024 outlook. The company surpassed expectations, with an earnings per share (EPS) of 63 cents and revenue of $1.60 billion, against forecasts of
Palantir Technologies (NYSE:PLTR) shares are down around 5% during the final five days of the first quarter of 2024, providing fuel for those investors who have long deemed the stock fundamentally overvalued. This sentiment was echoed by analysts at Monness, Crespi, and Hardt, who downgraded PLTR fr
Before 2024, Lantern Pharma (NASDAQ:LTRN) was relatively unnoticed in the biotech sector. It was merely a nano-cap biotech stock that was indistinguishable from a very crowded pool of other low-cap stocks vying for investor attention. But over the past six months, LTRN stock soared more than 175% du
Wall Street research firm Piper Sandler on Monday reaffirmed a Buy rating on Marathon Oil (MRO) with a price target of $32.00. The oil and gas producer is on a bit of a hot streak, having notched a total of four consecutive Buy ratings in under a week WTI crude oil futures are trading firmly
On March 13, the Puerto Rico Police Bureau extended its partnership with Axon Enterprise (AXON), a leader in public safety innovation, to supply its police officers with the Axon Body 4 body-worn cameras. The deal follows last year’s implementation of Axon’s Axon Body 3 cameras along with Axon Fleet
SoundHound AI (SOUN) is an overlooked and hidden gem that could ride the wave of 2024’s hottest investment trend: artificial intelligence (AI). The Santa Clara, California-based company is known for its conversational intelligence technology. The company’s late February earnings report cemented its
In the late 2010s and early 2020s, Beyond Meat (BYND) experienced rapid growth that captivated both investors and consumers. Not only did the company extend a crucial partnership with grocery powerhouse Walmart in 2021 but it expanded its presence at Costco, Kroger, and other notable players. Beyond
We are just entering the era of generative AI, a development that represents a compelling catalyst for Super Micro Computer (SMCI). The San Jose-based company specializes in high-performance servers and storage solutions and needs to be on investor’s radar. According to a recent survey by MIT Techno
Fifteen years after unveiling the $128,000 Roadster, Tesla has become one of the most talked about stocks on both Wall Street and Main Street. However, the 25% year-to-date loss means one of two things: 1) investors are throwing in the towel after a multi-year bull run and declaring the bull narrati
Apple (NASDAQ:AAPL) has been disappointing investors so far in 2024 given its status as one of the ‘Magnificent Seven’. AAPL is supposed to be in an elite category of outperformers, but shares are down by 12% compared to a 10% gain in the Nasdaq Composite Index. In fact, Apple’s stock looks to be in
This discount airline’s stock can’t get off the tarmac. Should you buy on the dip? The announcement that the proposed merger between JetBlue Airways and ultra low-cost carrier Spirit Airlines (SAVE) was blocked turned an already challenging situation for SAVE into a dire one. At the time of the anno
This telecom giant is plugging the profits from a major 5G investment. With all the talk about artificial intelligence in 2024, distracted investors may miss out on other fast-rising technologies that are producing profits in stock market portfolios. Take the 5G sector, which is growing like gangbus
Cybersecurity giant Palo Alto Networks (PANW) experienced a turbulent week, with shares plummeting 30% after its latest earnings report – a record-breaking one-day drop. The end result was Palo Alto’s stock plummeting from nearly $380 to $260. The culprit? Lowered revenue expectations and a strategi
Nvidia (NVDA) posted record quarterly revenue when it released recent earnings. Its quarterly revenue came in at $22.1 billion, rising 22% quarter-over-quarter and 265% year-over-year. The stock is nearly up 60% year-to-date and soared over 15% after the earnings announcement briefly hitting a $2 tr