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Continue ReadingIt was a rough week for United Natural Foods (NYSE: UNFI) as shares of the organic grocery wholesaler tumbled after it posted disappointing bottom-line results in its fiscal third-quarter earnings report and slashed its full-year guidance. United Natural Foods, which sells organic products to Amazon's Whole Foods and other customers, reported top-line results that were in line with expectations. Inflation and new business was the reason for the revenue growth, as the company continues to add new customers and expand relationships with existing customers...
Continue ReadingShares of Amazon.com Inc. slumped 0.66% to $123.43 Friday, on what proved to be an all-around favorable trading session for the stock market, with the S&P.....
Continue ReadingAn Indian group representing Netflix, Amazon and Disney has told the government its new tobacco warning rules are impossible to implement for streaming giants and will impinge on content creators' freedom of expression, a letter seen by Reuters showed. As part of India's anti-tobacco drive, the health ministry last month ordered streaming platforms to insert static health warnings during smoking scenes within three months...
Continue ReadingSeveral of the most valuable cryptocurrencies dropped more than 15% this week after the SEC filed lawsuits against Coinbase and Binance...
Continue ReadingFormer Palo Alto Networks CEO Mark D. McLaughlin just bought $300,000 of shares of cloud-software firm Snowflake...
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Continue ReadingLooking for stock market analysis and research with proves results? Zacks.com offers in-depth financial research with over 30years of proven results...
Continue ReadingLakehouse Capital, a Sydney-based investment manager, released its “Lakehouse Global Growth Fund” April 2023 investor letter. A copy of the same can be downloaded here. It was a quiet month for global equity markets and the fund returned 2.8% net of fees and expenses compared to a 2.8% return for the MSCI All Country World Index […]...
Continue ReadingAmong investors looking to get a piece of the action in the artificial intelligence (AI) gold rush, Nvidia (NASDAQ: NVDA) has a top spot on nearly everyone's list. The graphics processing unit (GPU) powerhouse offers the most powerful products in their niche, and those chips are vital equipment in the AI supply chain. Nvidia's primary products are GPUs...
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