Seeking catalyst driven opportunity
Marvell Technology, Inc. MRVL has been on an impressive run, with its shares surging more than 30% over the past three months. This performance significantly outpaces the broader market, where the S&P 500 and the Zacks Computer and Technology sector have risen by 8.3% and …
MercadoLibre MELI reported third-quarter 2024 earnings of $7.83 per share, which missed the Zacks Consensus Estimate by 30.52% but increased 9.4% year over year. Revenues rose 35% on a year-over-year basis (103% on a FX-neutral basis) to $5.3 billion. The top line surpassed the Zacks …
Shares of FONAR Corporation FONR have gained 3.4% since the company reported its earnings for the quarter ended Sept. 30, 2024. This compares to the S&P 500 index’s -0.3% change over the same timeframe. Over the past month, the stock gained 0.5% compared with the …
Lockheed Martin Corp LMT shares nudged up by 1.07% on Monday as reports emerged that Taiwan might be loading up on U.S. defense tech, with Lockheed’s Aegis destroyer and F-35 fighter jets at the top of the list. This potential purchase aligns with Taiwan’s move …
Tesla (NASDAQ:TSLA) shares, despite a 6% drop on Tuesday, have been on a strong rally since Trump’s election victory, driving the stock past the $1 trillion market cap threshold. Investors are evidently confident the new administration will be wholly favorable to Elon Musk’s endeavors, considering …
The Law Offices of Frank R. Cruz announces that a class action lawsuit has been filed on behalf of persons and entities that purchased or otherwise acquired Flux Power Holdings, Inc. (“Flux Power” or the “Company”) FLUX securities between November 11, 2022 and September 30, …
The price of Bitcoin rallied to nearly US$90,000 on November 12, topping out at US$89,645. The popular cryptocurrency has been rising on the heels of last week’s US presidential election, which saw Donald Trump and the Republican Party declare victory after securing all seven swing …
Beth Kindig, technology analyst at the I/O Fund, thinks Nvidia (NASDAQ: NVDA) will ride the artificial intelligence (AI) boom to a $10 trillion valuation by 2030. Should that forecast prove correct, the semiconductor company would be worth more than what Apple, Microsoft, Amazon, and Tesla …
Among the underlying components of the S&P 500 index, we saw noteworthy options trading volume today in Costco Wholesale Corp (Symbol: COST), where a total of 24,742 contracts have traded so far, representing approximately 2.5 million underlying shares. That amounts to about 145.4% of COST’s …
Since it went public back in 2021, Rivian Automotive (NASDAQ: RIVN) has done a good job of selling its electric vehicle (EV) SUVs. What it hasn’t done a good job of is being able to sell them for more than it costs to makes them. …