Friday, August 2, 2019

TheStreet: GoPro Misses on Earnings, Gets Boost From Upbeat Outlook

By SIMON CONSTABLE

Shares of beleaguered action-camera company GoPro rose in after-hours Thursday after issuing an upbeat outlook despite missing quarterly earnings estimates. Read more here.

TheStreet: Cloudera Rallies After Activist CarI Icahn Takes 12.6% Stake

By SIMON CONSTABLE 

Cloudera was jumping in premarket trading Friday on news that activist investor Carl Icahn had taken a 12.6% stake in the data analytics company.

In regulatory filings, Icahn revealed that along with his associated businesses he had accumulated the position. Icahn is chairman of New York-based conglomerate Icahn Enterprises. The filing also said Icahn might seek seats on Cloudera's board. Read more here.

Thursday, August 1, 2019

TheStreet: Yeti Crushes Earnings and Revenue Estimates, Raises Outlook

By SIMON CONSTABLE

Yeti Holdings, the maker of Rambler mugs and coolers, smashed expectations with its second-quarter earnings report and raised its profit outlook for the year.The company earned 33 cents a share after adjustments, far better than the 30 cents that Wall Street expected. Read more here.

TheStreet: Fitbit Skips a Beat, Shares Plunge on Lowered Revenue Outlook

By SIMON CONSTABLE

Fitbit, the maker of wearable fitness trackers, was skipping a lot of beats in premarket trading Thursday after saying revenue for the year would be lower than it previously forecast. Read more here.

Photo by Sigmund on Unsplash

TheStreet: Beyond Meat Tumbles After Secondary Offering Is Priced at $160/Share

By SIMON CONSTABLE

The sizzle just left shares of plant-based protein producer Beyond Meat. 

The stock was off more than 6% in premarket trading Thursday following the pricing of a secondary offering of shares Wednesday evening. Read more here.

Wednesday, July 31, 2019

TheStreet: Why Silver Will Be a Better Bet Than Gold if the Precious Metals Rally Continues

By SIMON CONSTABLE

Anyone bullish on precious metals should consider silver instead of gold.

The white metal tends to see far more volatility, which is an advantage for traders in an up-trending market. Plus, silver prices are still playing catch-up with gold based on historical price analysis. Read more here.

Monday, July 29, 2019

Forbes: Brace Yourself For A Replay Of The 1989 Tiananmen Square Crackdown

By SIMON CONSTABLE

Three decades ago, the world watched aghast as the Chinese government crushed democracy protesters in Tiananmen Square Beijing.
Investors in China should brace themselves for a repeat performance. Read more here.