Mid Cap Archives - Page 14 of 126

2 minute read

Stocks Fall As Dollar, Treasury Yields Jump On Upbeat Manufacturing Data, VIX Rallies: What’s Driving Markets Monday?

April 1, 1:48 PM

Stocks began the new month of April on a weaker note, as investors struggled to digest stronger-than-expected manufacturing data for March, amid concerns the Federal Reserve might postpone rate cuts.

BABA

2 minute read

Why Sigma Lithium Shares Are Surging Today

By Lekha Gupta

April 1, 12:23 PM

Sigma Lithium reported Q4 results, double production of its Zero Green Lithium, with $37.7M in revenue, $30M adjustment, $31.3M EBITDA, and $109M cash.

SGML

3 minute read

Alarming Rise In Home Insurance Costs Expected To Continue Into 2024: Insurance Stock ETF Soars To All-Time Highs

By Piero Cingari

April 1, 11:57 AM

Home insurance rates are rising, with a projected 6% increase and severe weather states like Louisiana facing a 23% surge. Reinsurance challenges add to the concern.

AIG

2 minute read

Cannabis Ancillary Company Urban-Gro’s Stock Plunges On Reporting Q4 & 2023 Results, Here’s Why

By Rolando García

March 28, 3:04 PM

When design-build provider to the cannabis industry Urban-Gro (NASDAQ: UGRO) announced its financial results Wednesday for the full year and 4Q 2024, the company's stock price plunged to $1.4 - a 23.42% decrease in just 24 hours

UGRO

1 minute read

Why Cloud-Based Software Company Braze Shares Are Diving Today

By Lekha Gupta

March 28, 1:42 PM

Braze shares down after soft EPS guidance for Q1 and FY25. Yesterday, the company reported a fourth-quarter FY24 EPS loss of $(0.04), beating the $(0.05) estimate, and sales of $130.96 million exceeded the street view of $124.86 million.

BOUT

1 minute read

MSC Industrial’s Rocky Q2 Earnings Hint At A Cautious FY24 Outlook: Details

By Lekha Gupta

March 28, 1:09 PM

MSC Industrial reported decline in Q2 net sales, adjusted operating income and EPS, despite strong gross margin performance and cash flow generation.

KVLE

2 minute read

Why Chemical Company Chemours Shares Are Plunging Premarket Today

By Lekha Gupta

March 28, 8:16 AM

Chemours shares fall as internal review reveals delayed payments and lack of transparency in management.

1 minute read

Ally Financial Taps Discover Financial Services Head Michael Rhodes As Its New CEO

By Lekha Gupta

March 28, 7:21 AM

Ally Financial appoints Michael G. Rhodes as new CEO effective April 2024, with extensive experience in digital and consumer banking.

ALLY

2 minute read

Golden Cross Pattern Emerges In US Energy Stocks: Goldman Sachs Names 5 ‘Top Upstream Oil Picks’

By Piero Cingari

March 27, 4:43 PM

US energy stocks form 'golden cross,' signaling potential uptrend continuation, with Goldman Sachs bullish on oil prices and top picks.

CNQ

2 minute read

Small Caps Rally, Magnificent 7 Ease, Gold Eyes $2,200, Bitcoin Falls Below $69,000: What’s Driving Markets Wednesday?

By Piero Cingari

March 27, 1:51 PM

Wall Street witnessed a mixed session on Wednesday morning trading, with tech giants seeing slight declines while blue chips and small caps recording gains.

BRZE