IBM shares pop as Big Blue announces a surprising spin-off. Morgan Stanley makes a $7 billion deal for Eaton Vance. Shares of Domino’s Pizza fall as rising cheese costs outweigh robust same-store sales in the 3rd quarter. Jason Moser analyzes those stories and reflects on National Pizza Month.
Subscriber growth for Netflix is at its lowest point in four years. Snap’s 3rd-quarter surprise sends the stock up 30%. WD-40 hits an all-time high after strong 4th-quarter results. Maria Gallagher analyzes those stories and shares which upcoming Netflix show she’s most looking forward to.
Procter & Gamble hits an all-time high on strong 1st-quarter sales. Albertson’s pops after digital sales in the 2nd quarter rise 243%. Logitech’s 2nd-quarter profits triple Wall Street’s expectations. Bill Barker analyzes those stories, as well as the U.S. Department of Justice’s antitrust lawsuit against Google.
Solar energy stocks have been on a tear, but is now the time to buy? What happens to the ever-popular PE Ratio if a company’s profits don’t exist? Jim Gillies tackles those questions and shares what he’s watching this earnings season.
Fastly falls 25% as the edge cloud platform company warns of lower revenue from its biggest customer (TikTok). Sleep Number hits a new all-time high after strong 3rd-quarter profits surprise Wall Street. Emily Flippen analyzes those stories, as well how Peleton, Planet Fitness, YogaWorks and others are dealing with the evolving fitness industry.
Apple’s iPhone 12 event was all about 5G. Tim Beyers analyzes the new devices and shares two additional companies with a stake in Apple’s fortunes. Plus we discuss the latest earnings from UnitedHealth and whether its worth holding on to shares of Disney that bought in 1993.