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Business News

Chewy.com Gets A Mouthful Of Profits: Shares Surge, More To Come

Chewy.com gave the market what it wanted and now the shares are surging. Short interest may drive volatility bt the reversal is on.

Business News

Okta, Inc: When Great Results Aren't Good Enough

Okta reported a robust quarter and guided higher but the growth is slowing and that is weighing on analysts' sentiment and the stock price.

Business News

Don't Worry; Sportsman's Warehouse Will Get Cheaper

Sportsman's Warehouse is another retailer to issue a mixed report and point to a deepening contraction in consumer demand.

Business News

Advance Auto Parts Backfires: Is This A Warning For The S&P 500?

Advance Auto Parts cut its dividend, and shares sank nearly 30%. The stock may be at a bottom but investors should not expect a significant rebound.

Business News

The Melt-Up In Marvell Is On; But Don't Chase It Higher

AI is driving chip stocks like Marvell Technology and NVIDIA higher, and Marvell could gain triple digits before the move is over.

Business News

Hot Inflation, What It Means For The Summer Rally

The PCE Price Index is hotter than expected and may lead to another FOMC rate hike, increased economic pressure, and the hard-landing it's trying to avoid.