Topics Archives - Page 31 of 48

2 minute read

Will Inflation Come Roaring Back? All Eyes On China As Oil Prices Reach 7 Week Highs

January 23, 4:27 PM

Gasoline prices have started to rise again after falling from a record high in 2022. Additionally, oil prices were up by roughly 1% on Monday to a seven-week-high, driven by China's expected economic recovery this year.

SPY

2 minute read

Rising Star: Wayfair’s Impressive Revenue Trends Catch Top Analysts’ Attention

By AJ Fabino

January 23, 12:03 PM

The home furnishings industry is seeing a shining star rise from the pandemic, as Wayfair Inc. (NYSE: W) sets its sights on achieving breakeven or better EBITDA for the first time since 2020.

2 minute read

Foot Locker Is In Short Squeeze Territory, Stock Is Presenting A Buy Says Analyst

By AJ Fabino

January 20, 4:23 PM

Athletic footwear and apparel retailer Foot Locker, Inc (NYSE: FL) had a strong 2022, booking $8.96 billion in revenue along with $893 million in earnings.

2 minute read

AI Battle: Gates, Brin, Page, The OGs Of Tech Leave ‘Retirement’ For Heavyweight Fight

By AJ Fabino

January 20, 2:48 PM

A handful of tech visionaries from the late 1990s to early 2000s are re-engaging or revealing a continued involvement with their former companies in the wake of the release of OpenAI's ChatGPT.

GOOG

2 minute read

3 Brands To Fatten Your Wallet: Burger King, Tim Hortons And Popeyes Gain Momentum

By AJ Fabino

January 20, 12:41 PM

Traffic trends for quick-service brands have been stagnant or negative in recent quarters due to the pandemic and a squeezed consumer wallet. However, analysts at BMO Capital Markets expect traffic to turn positive soon as COVID-recovery comps are lapped and inflation finally eases.

QSR

2 minute read

Nordstrom Reports Weaker Than Expected Holiday Sales: 4 Analysts Weigh In

By AJ Fabino

January 20, 11:14 AM

Nordstrom Inc (NYSE: JWN) reported weaker-than-expected holiday sales on Thursday, leading the company to lower guidance for the fourth quarter and full fiscal year 2022, which ends in late January.

JWN

2 minute read

EXCLUSIVE: Benzinga Poll Reveals Top Picks For A $25,000 Long-Term Investment In 2023

By AJ Fabino

January 20, 10:27 AM

After a sour year in the stock market that saw the broad market S&P 500 (ARCA: SPY) fall nearly 20%, and other pandemic-darlings like Apple Inc (NASDAQ: AAPL), and Amazon.com, Inc (NASDAQ: AMZN) fal

AAPL

2 minute read

Why This Planet Fitness Analyst Says Short Seller’s Allegations Of Unethical Business Practices Lack Fundamentals

By AJ Fabino

January 19, 6:15 PM

A recent short thesis about Planet Fitness Inc (NYSE: PLNT) came under fire for being "light on fundamentals" and failing to mention the positive data points that had recently emerged for the company.

PLNT

1 minute read

FTX’s New CEO Aims To Revive Defunct Cryptocurrency Exchange: What You Need To Know

By AJ Fabino

January 19, 3:53 PM

The defunct cryptocurrency exchange FTX, which froze millions of users from accessing their accounts, could make a comeback under the leadership of its new CEO John Ray III.

$FTT

2 minute read

What’s Going On At JFK Airport? One Week, Two Near Plane Crashes: Here’s What Officials Told Benzinga

By AJ Fabino

January 19, 3:22 PM

The Federal Aviation Administration (FAA) is investigating two incidents involving multiple airlines at New York's John F. Kennedy International Airport over the course of one week.

AAL