Toast (NYSE:TOST) fell 3.4% amid a note about slowing GPV growth.Glowing GPV growth quarter-to-date is creating a risk to consensus expectations, M Science wrote in a note on Friday.Toast (TOST) rose 2.9% on Thursday after Bank of America joined several Seeking Alpha analysts in the bull camp on the restaurant software company. The firm started…
Lululemon Athletica Inc (LULU.O) raised its annual sales and profit forecasts on Thursday as wealthy Americans snap up its pricey activewear even though inflation hounds wider retail spending, sending the company’s shares up 13% after hours. A strong rebound in China, easing air freight costs and tighter inventory control also helped first-quarter results surpass estimates…
Home Depot’s downbeat forecast sent a chill through the home-improvement sector and the wider market last week. That pushed down Lowe’s stock, albeit temporarily, and led to lower expectations for the rival retailer’s coming results, slated for early Tuesday. Analysts had already been lowering their earnings and revenue estimates for Lowe’s (ticker: LOW), which stood…
Banks are revving up their work with electric vehicle manufacturers by forging partnerships, offering vehicle financing and collaborating on digital tools. The sector is sizzling: Moody’s Investors Service reports that sales and announced launches of alternative fuel vehicles, especially battery electric vehicles, or BEVs, “are gaining momentum in the U.S. as auto manufacturers drive toward…
Smartsheet (NYSE:SMAR) rose 2.4% amid amid a positive research report on the collaboration and work management company.SMAR Enterprise data remains healthy; sees potential for billings reacceleration, according to an M Science note on Friday.Smartsheet (SMAR) jumped 18% on March 18 when it reported its Q4 results.Smartsheet (SMAR) is expected to report Q1 results on June
Norwegian Cruise Line Holdings Ltd (NCLH.N) raised its annual profit forecast and sailed past first-quarter estimates on Monday, betting on higher ticket pricing, pent-up demand and robust on-board spending from wealthy customers, sending shares of the company up 6%. Easing of COVID-19 protocols on ships after long periods of restrictions has encouraged people, especially from…
After years of easy financial growth and booming popularity, Alphabet, Google’s parent company, has in recent months faced mounting questions about its future. It has been under the gun to deliver artificial intelligence technology, its sales growth has decelerated, and it is laying off 12,000 employees to cut costs. On Tuesday, Google shrugged off some…
United Rentals (NYSE:URI) dropped 1.8% amid a note that rates have begun to stabilize in mid April.General rates have begun to stabilize in mid April across Sunbelt and United Rentals (URI), M Science said in a note on Friday.United Rentals (URI) is set to report Q1 results on Thursday.Late last month Caterpillar (CAT) and United…
Netflix Inc. will begin cracking down this quarter on US viewers who share someone else’s account, predicting plans to charge such customers will boost growth in the second half of the year. The company, which reported a lower-than-expected subscriber gain for the first quarter, has been testing ways to reduce account sharing in Latin America,…
