Small cap high-definition video solutions stockAmbarella Inc (NASDAQ: AMBA) reported fiscal Q2 2018 earnings after the Thursday market close with results beating expectations, but shares are now falling as much as 13% in premarket trading. Revenue rose 10% to $71.6 million and GAAP net income was $3.3 million versus GAAP net income of $8.6 million. Total of cash, cash equivalents and marketable....More>>>
May 12, 2017: Markets opened mixed Friday following lackluster earnings results from two more retailers, Penney’s and Nordstrom. Investors are also concerned that the turmoil in the Trump administration will delay the President’s promised tax cut package. Utilities and tech stocks traded higher while industrials provided the biggest drag. WTI crude oil for June delivery settled at $47.84....More>>>
I have been investing in the resource sector for the past five years. As most of you undoubtedly know, the sector is highly volatile. Therefore, I tend to look for names that I think have 50-100% upside or more, as I feel this is the kind of upside necessary, given the risks in the sector. I think Blackham Resources (OTCPK:BKHRF) is one such name.
I have about 15% of my overall portfolio....More>>>
Last October, I compared GoPro (NASDAQ:GPRO) with its supplier Ambarella (NASDAQ:AMBA). At the time, I concluded that Ambarella’s more diversified business model, stronger margins, and lower valuations made it the better play.
Since that article was published, shares of GoPro and Ambarella have respectively fallen 51% and 17%. While Ambarella certainly fared better than GoPro,....More>>>
Fears about a Donald Trump presidency may be misplaced, according to Goldman Sachs Group CEO Lloyd Blankfein in an interview published in the German newspaper Handelsblatt.
Blankfein, head of the worlds most prominent investment bank, said Trump would be a level-headed leader despite his controversial anti-immigration rhetoric and his protectionist stance on trade policies. Trump has proposed....More>>>
After the market closed yesterday, small cap camera stock and new media companyGoPro Inc (NASDAQ: GPRO) surprised investorsby reporting higher first quartersales than expected and a smaller-than-expected quarterly lossas a cost-cutting plan starts to stem declines. Revenue rose 19.1%, its second straight quarterly rise, to $218.6 million while the net loss widened to $111.2 million in the quarter....More>>>
After a few weeks of “spirited” and profitable activity in the middle of September, in which we broke below the eight-week “ultra-tight” range and bounced up, the markets have settled back into the doldrums that have defined the past few months.
In fact, for the past two years, U.S. markets have managed to move from trading-range box to trading-range....More>>>
With the markets trading near historic levels at the start of 2017, investors are looking for the best investments when the market is high.
The Dow Jones Industrial Average was just 13 points shy of 20,000 last week and climbed more than 13% overall in 2016. These gains have been largely fueled by the “Trump effect,” a positive economic outlook, and the December rate hike....More>>>
Musician Kid Rock, right, stands with Christopher Ilitch, president and chief executive officer for Ilitch Holdings Inc., during a press conference at the Little Caesars Arena in Detroit, Michigan at the Little Caesars Arena in Detroit,
A group of leading retailers and food companies including Nestlé, Walmart and Unilever have signalled their commitment to strengthen consumer confidence in the foods they purchase by announcing a major blockchain collaboration with IBM. The consortium will work with Big Blue to identify th