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A Cool Revenue Outlook Drags Down Snap's Stock
Investopedia· 2024-08-01 21:41
Key Takeaways Snap shares plunged in extended trading after the Snapchat parent issued a third-quarter revenue forecast that disappointed investors. Guidance for adjusted EBITDA was also lower than analysts expected. Snapchat said it would offer further updates at a "Partner Summit" on Sept. 17. Shares of Snap (SNAP) were hit hard in extended trading Thursday, dropping after the Snapchat parent offered a third-quarter revenue forecast that disappointed investors. The social-media company's shares can move d ...
Is Crypto Cool Again? What Stocks You Should Be Watching
MarketBeat· 2024-07-28 13:01
Add to Watchlist A stock's book value is derived from the company's balance sheet, a metric few investors take the time to dig into and analyze. To save time, investors should focus on the central holdings in CleanSpark's balance sheet, which is Bitcoin, and lots of it. As of the most recent data, CleanSpark holds up to 6,591 Bitcoin, which would translate into roughly $442.9 million, considering where Bitcoin is trading today. Markets today are willing to pay a price-to-book (P/B) ratio of up to 2.8x for C ...
Marble Slab Creamery Celebrates National Ice Cream Day and Ice Cream Month with Sweet Treats and Cool Deals
GlobeNewswire News Room· 2024-07-10 13:00
Original Frozen Slab Franchise Brings Back Free Ice Cream Deal for Another Dreamy Celebration Throughout July – National Ice Cream Month – Marble Slab Creamery is offering $5 off their legendary Ice Cream Cakes. The offer is valid online only with the code CAKE24. Marble Slab Creamery's customizable Ice Cream Cakes are the perfect treat for summer celebrations of every kind, from birthdays to your weekend barbecue. The deal gets even sweeter – Sunday, July 21, National Ice Cream Day, guests can take part in ...
Dutch Bros Keeps Cool with New Chillin' with Dutch Drinks
Prnewswire· 2024-07-01 10:45
Chillin' with Dutch Trio: The Cookie Dough Freeze, Sherbert Rebel, Tropical Frosted Lemonade are now available at all 900+ Dutch Bros locations. Chillin' with Dutch Trio: The Cookie Dough Freeze, Sherbert Rebel, Tropical Frosted Lemonade are now available at all 900+ Dutch Bros locations. In addition to these refreshing treats, Dutch Bros is welcoming back a festive favorite, the Firecracker Rebel™. Dutch Bros Coffee is a drive-thru coffee company dedicated to making a massive difference one cup at a time. ...
Best Value Stocks to Buy for June 26th
ZACKS· 2024-06-26 14:00
Here are two stocks with buy rank and strong value characteristics for investors to consider today, June 26th: SPAR Group (SGRP) : This company which is a supplier of in-store merchandising and marketing services, and premium incentive marketing services throughout the United States and Canada, carries a Zacks Rank #1(Strong Buy), and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 416.7% over the last 60 days. SPAR Group's has a price-to-earnings ratio (P/E) of 6.77 comp ...
Case-Shiller Home Prices Cool in April
ZACKS· 2024-06-25 15:41
Mortgage rates were risaing in April. The average 15-year mortgage was offering +6.6% interest, with +7.6% on the 30-year. This is slightly higher than the +7.5% we see in the housing market currently, though they do remain stubbornly high. And while we know entry-level prospective homeowners (and those holding onto their 3% mortgages) are being priced out of the market, the fact of the matter is that no cities in the Case-Shiller survey posted negative housing growth number (Portland was in last place: +1. ...
3 Stocks to Catapult Your $100K Into a Cool Million: June 2024
Investor Place· 2024-06-14 10:00
The key is finding reasonably valued stocks tapping into massive market opportunities. According to value investor Mohnish Pabrai, the "magic" compound growth rate is 26% annually. At that rate, money doubles every 3 years. So a stock growing earnings at 26% for a decade can easily become a tenbagger. Source: Moab Republic / Shutterstock And this growth seems far from over. For example, Apple continues to expand into new areas like financial services, augmented reality, artificial intelligence, streaming en ...
3 Mining Stocks to Watch as Safe-Haven Assets Cool
Schaeffers Investment Research· 2024-06-10 14:33
Subscribers to Chart of the Week received this commentary on Sunday, May 26. On Thursday, investors were marked safe from a Nvidia (NVDA)-driven broad market selloff.. for all of four hours. But by 1:00 p.m. ET, even NVDA's 10% postearnings pop wasn't enough to prop up the Nasdaq-100 (NDX), which had joined the Dow and S&P 500 deep in the red. Equities selling off in the face of Nvidia's blockbuster report was a jarring reminder of the stock market's lack of breadth. The hawkish commentary from the most rec ...
Are Transportation Stocks Lagging Cool Company Ltd. (CLCO) This Year?
ZACKS· 2024-05-30 14:46
For those looking to find strong Transportation stocks, it is prudent to search for companies in the group that are outperforming their peers. Has Cool Company Ltd. (CLCO) been one of those stocks this year? Let's take a closer look at the stock's year-to-date performance to find out. Cool Company Ltd. is one of 132 individual stocks in the Transportation sector. Collectively, these companies sit at #16 in the Zacks Sector Rank. The Zacks Sector Rank considers 16 different sector groups. The average Zacks R ...
l pany .(CLCO) - 2024 Q1 - Earnings Call Transcript
2024-05-22 14:21
Company Participants Frode Morkedal - Clarksons Securities Liam Burke - B. Riley Please note today's call is being recorded and I'll be standing by if you should need any assistance. It is now my pleasure to turn the call over to Richard Tyrrell, CEO. Please go ahead. Well, that's taken some patience. This is an exciting development that I'll get back to later in the presentation. Our backlog helps TCE for the quarter and partially upset the effects of a weakening spot market and some offhire for one of our ...