Tag: Financial Performance

Here’s the catalyst that could shift the market debate from selling the news to buying the dip

Two things are clear this earnings season. The first is that first-quarter earnings have been outstanding. According to a Credit Suisse analysis done of 85% of the S&P 500’s companies, 86% beat expectations — with the financial sector clobbering them by 34%, and the rest of the market beating them by 19%. Earnings per share […]

Read More

Peloton stock triggers bearish head-and-shoulders pattern as BofA analyst says stop buying

Shares of Peloton Interactive Inc. fell again Thursday toward an eight-month low ahead of the at-home-fitness company’s fiscal third-quarter results, but the technical damage may have already been done with the formation of a bearish head-and-shoulders chart pattern. Peloton’s stock PTON, +0.04% was down 0.5% in afternoon trading, reversing an earlier intraday gain of as […]

Read More

An environmentally friendly diamond is forever? Around $350 will buy you Pandora’s new lab-grown jewel

Pandora, the world’s biggest jeweler, which is best known for its silver charm bracelets, said that it will stop selling mined diamonds and switch to affordable, laboratory-grown gems as part of a broader focus on sustainability. “Diamonds are not only forever, but for everyone,” said Pandora Chief Executive Alexander Lacik in a statement on Tuesday […]

Read More