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Roku's Technical, Fundamental Outlook Looking Bright
Thursday, December 19, 2019 - 4:44pm | 583Roku Inc (NASDAQ: ROKU) shares gained another 3% on Thursday and are now up 352% year to date as the company’s advertising business continues to gain momentum. Heading into the closing weeks of 2019, Roku shares seemingly have both fundamental and technical momentum in the near-term. A...
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Shopify's Stock Is Testing A Key Technical Level
Wednesday, December 18, 2019 - 2:45pm | 451Shopify Inc (NYSE: SHOP) shares have more than tripled in the past year, but the stock ran out of gas at around $410 back in August. After a pullback to $282 and a strong rally in the past month, Shopify is entering the last two weeks of 2019 knocking on a key technical resistance level. The all-...
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Roku's Slowing Profit Growth Keeps Analysts, Investors Hesitant On The Stock
Thursday, November 7, 2019 - 1:27pm | 537Investors continued to disconnect from Roku Inc (NASDAQ: ROKU) following tepid forward guidance that also failed to impress sell-side analysts, who warned of slowing growth in profits. The sell-off came despite third-quarter revenue and earnings beats on Wednesday. The Analysts Wedbush analyst...
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Wall Street Weighs In On Square Earnings, Cash App And More
Thursday, November 7, 2019 - 11:11am | 780Square Inc (NYSE: SQ) traded higher on Thursday after the company topped third-quarter EPS and revenue estimates and raised its full-year revenue and EPS guidance. The new EPS guidance range for the fourth quarter came up short of consensus analyst estimates. In addition to reporting earnings...
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Arista Hit Hard On Q4 Sales Warning: Is Facebook To Blame?
Friday, November 1, 2019 - 12:31pm | 858Arista Networks Inc (NYSE: ANET) shares were plunging to a two-year low after the maker of data center switches issued a downbeat fourth-quarter outlook Thursday. The Analysts MKM Partners analyst Michael Genovese maintained a Neutral rating on Arista and lowered the fair value estimate...
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Analysts Upbeat On AMD's Product Roadmap, Execution
Wednesday, October 30, 2019 - 11:39am | 860Advanced Micro Devices, Inc. (NASDAQ: AMD) reported third-quarter results, with fourth-quarter revenue guidance indicated to come in line or below the consensus. The Analysts Morgan Stanley analyst Joseph Moore maintained an Equal-Weight rating and $32 for shares of AMD. (See his track record...
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'This Will Take Time To Fix': Wall Street Weighs In On Twitter
Friday, October 25, 2019 - 11:15am | 725Twitter Inc (NYSE: TWTR) has been one of the biggest disappointments in a relatively strong start to earnings season, with shares plummeting more than 20% following its third-quarter print. Twitter blamed platform bugs and advertising headwinds for its earnings and revenue misses in the third...