Amazon Jumps Above $1,100, Targets Hit $1,430: Growth Again Trumps Profit

Amazon Jumps Above $1,100, Targets Hit $1,430: Growth Again Trumps Profit
Shares of Amazon (AMZN) are up $130.9, or almost 14%, at $1,103.36, and earlier hit a new all-time high of $1,105, the first day it’s ever traded above $1,100, after the company yesterday afternoon blew away Q2 profit expectations, and forecast revenue this quarter slightly ahead of consensus. Price targets are zooming today. The new high is $1,430, the new... Read More

Embraer Expects Headwinds for 2018

Embraer Expects Headwinds for 2018
Aircraft manufacturers have enjoyed huge demand lately, as a prosperous airline industry has been able to direct investment into improving aircraft fleets and finding more efficient ways to operate. That has been a boon for Brazilian manufacturer Embraer (NYSE: ERJ) , which has positioned itself to capture business from its airline customers. Concerns about its home market of Brazil have... Read More

5 Ways Amazon.com, Inc. Crushed Its 3rd Quarter

5 Ways Amazon.com, Inc. Crushed Its 3rd Quarter
There was lots of uncertainty before Amazon.com ‘s (NASDAQ: AMZN) third-quarter earnings release Thursday. Since Amazon’s third quarter has often been marked by big investments ahead of the holiday season, management provided an extremely wide guidance range for both revenue and profitability. But any worries about the quarter were quickly forgotten when the e-commerce giant announced quarterly results well beyond... Read More

Here's Why Taseko Mines Ltd (USA)'s Stock Is Slumping Today

Here's Why Taseko Mines Ltd (USA)'s Stock Is Slumping Today
What happened Shares of Taseko Mines (NYSEMKT: TGB) sank more than 13% by 11:15 a.m. EDT on Friday. Driving the sell-off was the market’s lukewarm reception to the company’s third-quarter results. So what Taseko Mines reported adjusted net income of 13.4 million Canadian dollars, or CA$0.06 per share, for the third quarter, which was in line with the consensus estimate.... Read More

SVB Financial's Third-Quarter Earnings: Rising Rates, Gains, Oh My!

SVB Financial's Third-Quarter Earnings: Rising Rates, Gains, Oh My!
SVB Financial (NASDAQ: SIVB) put up another record quarter, generating $148.6 million in net income for common shareholders, or $2.79 per diluted share, in the third quarter. The holding company for Silicon Valley Bank saw its earnings rise due to rising rates, growing loan balances, and a jump in non-interest income due to warrant and investment gains. SVB Financial’s third... Read More

Why Electronics For Imaging, Inc. Stock Plummeted Friday

Why Electronics For Imaging, Inc. Stock Plummeted Friday
What happened Shares of computer peripherals company Electronics for Imaging (NASDAQ: EFII) were slammed on Friday following the company’s third-quarter earnings release. The stock fell as much as 33.2% and is down 30% at the time of this writing. The stock’s sell-off was likely triggered by the company’s worse-than-expected financial results that missed both analysts’ and management’s expectations. Revenue and non-GAAP... Read More