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TSLA comes on strong in Q2

[Jul 3 12:47 PM] Amazingly, Tesla seems to have blown through estimates of production numbers for the second quarter of this year, despite the high-profile closing of the Fremont, California plant for coronavirus and all of the setbacks that entailed for the…

FedEx reports better-than-expected second quarter results

[Jul 1 11:52 AM] E-commerce companies around the world reporting significant increases in online revenue. As such, it should come to no-one’s surprise that many delivery companies around the world have also seen a significant increase in sales as well. Most…

Nike sales fall 38% despite increase in online sales

[Jun 26 12:51 PM] Even some of the largest retailers out there in the world have seen their sales plummet due to the aftereffects of the coronavirus pandemic. Despite the fact that many of these companies have seen online sales surge during this time (with Amazon…

Starbucks posts first quarterly sales decline in over 10 years

[Apr 29 12:59 PM] Investors were warned beforehand by Starbucks (NYSE:SBUX) earlier last month that sales for the company had taken a nosedive thanks to the coronavirus pandemic. Although the company had continued to offer drive-by coffee as an alternative, it was…

Fluor tumbles 24% on news of SEC accounting probe

[Feb 19 2:20 PM] One of the biggest declines on Tuesday came from an engineering and construction company. The $2 billion market cap Fluor (NYSE:FLR) fell substantially after it reported its preliminary Q4 financial results. The data itself was of secondary…

Chinese Tesla rival NIO surges 70% after beating expectations

[Dec 31, 2020 3:42 PM] Electric car manufacturer Tesla (NASDAQ: TSLA) has been doing very well over the past quarter, reaching a new record high. However, in the midst of this excitement, its easy to forget that there are other electric car manufacturers as well trying…

Slack spikes on revenue numbers

[Dec 5, 2019 8:30 PM] The ubiquitous team communications tool that is Slack got a shot in the arm last night as positive estimates for quarterly revenue sent shares up 3% after the bell.   Reports today from U.S. News show that Slack added 20% to its prior 12 million…