AMC Entertainment: A ‘Dead Company Walking,’ Says Bear Cave Report
Report questions AMC's financial health & recent stock movements. Social media influencers have played a role but questionable position unlikely to see sustained gains.
How Cisco Systems Performed Ex-Spunk, 8 Analysts Weigh In On Q3 Earnings: Here’s Where ‘Upside Primarily Came From’
Cisco Systems shares declined after earnings were released, with one analyst noting hwo upside primarily came from services, not product.
Cryptocurrency Stacks Falls More Than 6% In 24 hours
Over the past 24 hours, Stacks's (CRYPTO: STX) price has fallen 6.83% to $1.96. This is opposite to its positive trend over the past week where it has experienced a 2.0% gain, moving from $2.02 to its current price.
What’s Going On With Cisco Systems Stock?
Cisco shares initially traded higher before turning negative Thursday on the heels of the company's fiscal third-quarter earnings. Cisco reported financial results for the third quarter after the market close on Wednesday, including $12.7 billion in revenue, down 13% year-over-year.
Walmart Posts Upbeat Earnings, Joins Canada Goose, Lightspeed Commerce And Other Big Stocks Moving Higher On Thursday
U.S. stocks were higher, with the Dow Jones gaining over 50 points on Thursday. Shares of Walmart Inc.…
WATCH: Andrew Left Is Back — The Man Who Bet Against GameStop Returns To Benzinga Live
Prior GameStop bear Andrew Left is returning to Benzinga for an interview three years after his prior appearance became a key storyline in the short squeeze of 2021.
Palo Alto Networks Stock Is Getting A Lift From IBM Thursday: What’s Going On?
Palo Alto and IBM announced the broad-reaching partnership that aims to help address increasingly sophisticated threats and evolving attack surfaces by offering a comprehensive security platform underpinned by AI.
AST SpaceMobile Stock Is Soaring Thursday: What’s Going On?
AST SpaceMobile has entered into a definitive commercial agreement with AT&T to provide a space-based broadband network direct to everyday cell phones. The two companies were previously working together under a Memorandum of Understanding. The new agreement extends the collaboration until 2030.
Lawmakers Massively Missed Out On Meme Stocks: 1 Lucky Elected Official Traded Both GameStop, AMC
A member of Congress traded GameStop and AMC shares in 2021 and 2022.
Why Is Sportswear Company Under Armour Stock Tanking Today?
Under Armour shares are plunging following the company's gloomy guidance. In Q4 FY24, sales declined 4.9% to $1.33 billion, meeting estimates. Wholesale revenue dropped 7%, and direct-to-consumer revenue remained flat. Despite a gross margin expansion of 170 basis points to 45%, the company reported an operating loss of $3.5 million. FY25 revenue is projected to decline at a low-double-digit percentage rate.