ShapeShift CEO Erik Voorhees said that the bear market for Bitcoin is not over yet. ThinkMarkets chief market analyst Naeem Aslam thinks similarly and believes that speculators have unnecessarily intensified the downtrend by overselling Bitcoin in the global exchange market.
However, there are a number of positive developments related to Bitcoin. The largest...
Cardano (ADA.X) is trading at $0.08, down 12% from yesterday. What is Cardano's price prediction? What news should Cardano investors and traders be aware of?
Cardano has become a prominent coin in the crypto-sphere and is the largest threat to Ethereum. Its platform use case bears a lot of potential, which became particularly apparent after the introduction of...
What is Ethereum's price forecast? What's the probability of a long-term price reversal, and what developments should investors be aware of?
The spike in Ethereum's price occurred despite Baidu's anti-cryptocurrency measures. Baidu followed Tencent and Alibaba suit by censoring online speech related to cryptocurrencies and restricting access to crypto-focused...
Zuora, Inc. (ZUO) shares are trading at 33.67. The company announces its quarterly earnings on August 30, after the market close. What should investors know about Zuora? What's ZUO stock price forecast?
Here is the scoop on investing in Zuora: the company is riding on the subscription economy trend. It is growing its topline very fast, but generating losses. ...
First, let's take a look at the results. Tiffany reported comparable-store sales rose 8% in Q2. The revenue in Asia-Pacific grew an astonishing 28%, followed by Japan (+11%). The company recorded the weakest growth figures in Europe (+5%).
Gross margin rate improved 150 bps to 64% reflecting lower wholesale sales of diamonds, favorable product input costs...
Dick’s is the largest full-line sporting goods retailer with a national store base and a high-quality, growing e-commerce business. Dick’s controls approximately 12% of the sporting goods industry.
Dick’s has fared better than competitors due to its execution and company-specific initiatives, including Dick’s Team Sports HQ, a technology platform for youth...
Yirendai Ltd. (YRD) shares are trading at $18.72, prior to the earnings today. What's driving Yirendai's stock price? What's YRD stock price forecast?
This online consumer finance marketplace in China connects investors and individual borrowers and provides consumers with an easy access to affordable credit. The company's borrowers and investors come from a...
Hewlett Packard Enterprise Company (HPE) shares are trading at $16.53 prior to the earnings today. What's driving HPE's stock price? What's HPE's stock price forecast?
After its separation from HP Inc., HP Enterprise continued on the path of rapid divestitures, spinning out its enterprise services and software units along with other businesses and equity...
Box, Inc. (BOX) shares are trading at $26.05, prior to the earnings today. What should investors be aware of--and what will the market be watching out for in the upcoming earnings?
Box continues to ride on increasing adoption of its cloud content management platform by its existing customers as well as new customers. The company is witnessing a solid growth in...
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This company that acquires and monetizes patents exhibits extreme volatility. Most recently, the stock price popped on July 24 to $1.42 from $0.83 earlier in the month of July.
The company's customers range from individual inventors to Fortune 500 companies, and it monetizes of its patent portfolio by licensing it to individual companies or...
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What are the factors contributing to a high probability of a bullish trend in the upcoming period? Let's look at the macro picture.
Stellar Lumens is developed on a stable IBM-based platform. The Big Blue will develop its own digital token named State coin on the Stellar platform.
The digital coin is positioned third among the most popular...
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IsoRay is a medical company that has developed Cesium-131 as a source for radiation therapy to combat various forms of cancer. In the case of prostate cancer, the company is reviving a procedure called prostate brachytherapy, which involves placing devices containing radiation in the prostate gland close to the cancer cells.
Cesium-131 based...
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Investors will be watching out for Best Buy's operational efficiency improvements under the new CEO Hubert Joly. The company's Renew Blue plan is shooting for accelerated online sales growth, improved multichannel customer experience, optimizing store square footage and US real estate portfolio. The company is also focused on gaining supply chain...
Alibaba Group Holding Limited (BABA) shares are trading at $178, up 0.12%. The company will report fiscal first-quarter earnings before the US market opens on Thursday. What's driving BABA stock price? What's BABA stock price forecast?
Management is calling for 60% revenue growth in FY19--and this is well ahead of market expectations of 40% growth. 60% growth...
HP Inc. (HPQ) shares are trading at 24.54, up 0.2%. The company is set to report third-quarter results on August 23. What's driving HPQ stock price? What's HPQ stock price forecast?
HP delivered strong second-quarter revenue and earnings results. Personal Systems and Print continued their resurgence in the quarter, showing strength on both the top and bottom...
The company as an established record of beating earnings estimates--the average surprise for the past two quarters was 8%.
However, the overall retail environment is not very favorable. Retail and department store sales have taken a hit as e-commerce expanded, providing tough competition.
L Brands' revenue per store has declined in the past two years, and the...
Investors are optimistic about Lowe's earnings since Walmart and Home Depot reported positive results most recently. This will be the first earnings report under the new CEO Marvin Ellison, who was formerly an executive at Home Depot. However, Lowe's performance is trailing the retail ETF XRT: it is up 6 percent vs. XRT 's 14 percent gain.
The key number to...
Target Corporation (TGT) shares are trading at 83.27. The company is scheduled to announce its second-quarter results on August 22 before the opening bell. What's driving TGT stock price? What's TGT stock price forecast?
Analysts are keeping an eye peeled for market share gains after strong Walmart results last week.
Target is an iconic brand that's under...
