Fear Of Missing Out (FOMO) And Mastercard
* Stories are summarized by an A.I.
* Stocks or companies mentioned: MA, MSFT, AMZN, NFG, K, FIT, SHOP, PINS, Snap Kitchen, and GOOG
Fear Of Missing Out (FOMO) And Mastercard
MA (Mastercard Incorporated) | Seeking Alpha
One of the trickier aspects of investing psychology is a phenomenon known as "FOMO", which stands for "Fear Of Missing Out". For example, consider payment services technology company Mastercard (MA). This regret can tempt investors to pull the trigger on these high performers in fear of missing out on the stock's future potential. Mastercard Is Certainly A "Growth" StockMastercard certainly qualifies for the "growth" label, both as a company and as a stock. This position in the market share hierarchy gives Mastercard both presence/stability (especially in the US market), as well as the upside that comes with potential gains in market share.
Read More
Pentagon puts $10B JEDI cloud contract on hold
MSFT (Microsoft Corporation) | ZDNet
The Pentagon on Thursday said it's pressing pause on the $10 billion cloud computing contract known as JEDI. Defense Secretary Mark Esper's decision to further review program follows complaints from President Trump about the contracting process. "Keeping his promise to Members of Congress and the American public, Secretary Esper is looking at the Joint Enterprise Defense Infrastructure (JEDI) program. Google dropped out of the JEDI bidding process late last year, while Oracle and IBM were eliminated from the JEDI running in April. The Joint Enterprise Defense Infrastructure (JEDI) Cloud contract could be worth more than $10 billion over 10 years.
Read More
Amazon to kill the Dash button, a button for ordering things from Amazon
AMZN (Amazon.com Inc.) | CNN
San Francisco (CNN Business) Amazon has officially killed one of its more perplexing products: the Dash button. On August 31, the buttons will no longer work, Amazon confirmed to CNN Business on Thursday. You could, for example, put a button for Hunt's canned tomatoes next wherever you stored your supply of Hunt's canned tomatoes. Amazon offered buttons for products that people would logically need to reorder fairly regularly, such as laundry detergent, condoms and kitty litter. There were also more perplexing buttons for products including ping pong balls, Mucinex and Play-Doh.
Read More
National Fuel Gas (NFG) Q3 Earnings Top Estimates
NFG (National Fuel Gas Company) | Zacks
A quarter ago, it was expected that this energy company would post earnings of $1.15 per share when it actually produced earnings of $1.07, delivering a surprise of -6.96%.Over the last four quarters, the company has surpassed consensus EPS estimates two times.National Fuel Gas, which belongs to the Zacks Utility - Gas Distribution industry, posted revenues of $357.20 million for the quarter ended June 2019, missing the Zacks Consensus Estimate by 10.27%.
Read More
Kellogg, Yum Brands rise; Qualcomm, Abiomed fall
K (Kellogg Company) | Houston Chronicle
The financial services company reported weak second quarter profit and its individual life insurance unit swung to a loss. The Taco Bell and Pizza Hut owner beat Wall Street's second quarter profit and revenue forecasts. The auto maker blew past Wall Street's second quarter profit forecasts on strong sales of pickups and SUVs. The maker of Frosted Flakes and Pop Tarts beat Wall Street's second quarter profit forecasts. The maker of hard drives reported solid fiscal fourth quarter profit and said it expects the market for flash drives to improve.
Read More
Fitbit Is at All-Time Lows, and Some Analysts Think Things Could Still Get Worse
FIT (Fitbit Inc. Class A) | Barron's
Shares of smartwatch and fitness-tracker company Fitbit took a dive early Thursday, touching new lows, after the company trimmed its full-year revenue targets and pointed investors toward losses steeper than Wall Street expected. Fitbit stock (FIT), off about 15% in 2019 through Wednesday’s close, were recently trading down 19% to $3.40 after the company’s evening release of second-quarter financial results. Morning lows of $3.27 represented the shares’ all-time intraday low—a steep fall for a stock that approached $50 in 2015 after its initial public offering. Read more: Fitbit Analysts Expected Great News, Not Merely Good NewsNon-GAAP losses are seen between 31 and 38 cents per share, below the 15-cents-per-share consensus before the latest release. Still some analysts think the picture isn’t just bad—it’s bleak.
Read More
Shopify Shines
SHOP (Shopify Inc. Class A Subordinate) | The Motley Fool
Shopify (NYSE:SHOP) reported second-quarter financial results on Aug. 1, and results show the commerce platform is enjoying robust demand for its steadily expanding suite of services. Shopify results: The raw numbersMetric Q1 2019 Q1 2018 Change Revenue $362 million $245 million 48% Net loss ($29 million) ($24 million) N/A Net loss per share ($0.26) ($0.23) N/AWhat happened with Shopify this quarter? Within its core U.S. market, Shopify now facilitates approximately 5% of all retail e-commerce sales, placing it third behind only Amazon and eBay. "Our powerful yet easy-to-use retail operating system helps level the playing field, providing expansive opportunities for our merchants and Shopify around the world," Shapero said. However, Shopify also increased its GAAP operating loss projection to $145 million-$155 million, compared to a loss of $130 million to $140 million, as the company ramps up its growth investments.
Read More
Pinterest beats revenue on user addition, lifts 2019 sales forecast
PINS (Pinterest Inc) | Reuters
Pinterest Inc (PINS.N) raised its full-year sales forecast and reported second-quarter revenue above Wall Street estimates on Thursday, as the online scrapbook company added more users, sending its shares up 12% in extended trading. Total revenue in the second quarter rose 62% to $261 million, above analysts’ estimate of $235.5 million, according to IBES data from Refinitiv.
Read More
Snap Kitchen shifts business online as food deliveries, prepared meal takes off
Snap Kitchen LLC | Houston Chronicle
Snap Kitchen, an Austin-based retailer selling prepared meals, is the latest company to pivot to e-commerce, recently expanding its direct-to-consumer shipments to 15 markets nationally. What Snap Kitchen won’t be doing, at least for now, is to open new stores, Chief Executive Jon Carter said. Whole Foods partnered with Snap Kitchen in 2016 to offer its prepared meals in its grocery stores. Still, the question remains: Can Snap Kitchen and other food retailers profit from food deliveries, which burdens them with additional costs such as drivers and vehicles? “They all realize food delivery is a necessary evil and a way for them to expand their base,” Littwitz said.
Read More
Google suspends transcription of voice assistant clips in Europe
GOOG (Alphabet Inc) | Reuters
Alphabet Inc’s Google (GOOGL.O) has suspended reviewing voice recordings from its Google Assistant virtual helper in the European Union after a leak of Dutch audio data, a company spokeswoman told Reuters on Thursday. “Shortly after we learned about the leaking of confidential Dutch audio data, we paused language reviews of the Assistant to investigate,” the spokeswoman said.
Read More
Download Folo, add stock symbols to your watchlist, and get notified.
When you look up U.S or China stock symbols and add them to Watchlist, Folo, an A.I. based news curator will keep you updated with stock news from 270 sources.
Download on the App Store
http://folo.moya.ai
* Stocks or companies mentioned: MA, MSFT, AMZN, NFG, K, FIT, SHOP, PINS, Snap Kitchen, and GOOG
Fear Of Missing Out (FOMO) And Mastercard
MA (Mastercard Incorporated) | Seeking Alpha
One of the trickier aspects of investing psychology is a phenomenon known as "FOMO", which stands for "Fear Of Missing Out". For example, consider payment services technology company Mastercard (MA). This regret can tempt investors to pull the trigger on these high performers in fear of missing out on the stock's future potential. Mastercard Is Certainly A "Growth" StockMastercard certainly qualifies for the "growth" label, both as a company and as a stock. This position in the market share hierarchy gives Mastercard both presence/stability (especially in the US market), as well as the upside that comes with potential gains in market share.
Read More
Pentagon puts $10B JEDI cloud contract on hold
MSFT (Microsoft Corporation) | ZDNet
The Pentagon on Thursday said it's pressing pause on the $10 billion cloud computing contract known as JEDI. Defense Secretary Mark Esper's decision to further review program follows complaints from President Trump about the contracting process. "Keeping his promise to Members of Congress and the American public, Secretary Esper is looking at the Joint Enterprise Defense Infrastructure (JEDI) program. Google dropped out of the JEDI bidding process late last year, while Oracle and IBM were eliminated from the JEDI running in April. The Joint Enterprise Defense Infrastructure (JEDI) Cloud contract could be worth more than $10 billion over 10 years.
Read More
Amazon to kill the Dash button, a button for ordering things from Amazon
AMZN (Amazon.com Inc.) | CNN
San Francisco (CNN Business) Amazon has officially killed one of its more perplexing products: the Dash button. On August 31, the buttons will no longer work, Amazon confirmed to CNN Business on Thursday. You could, for example, put a button for Hunt's canned tomatoes next wherever you stored your supply of Hunt's canned tomatoes. Amazon offered buttons for products that people would logically need to reorder fairly regularly, such as laundry detergent, condoms and kitty litter. There were also more perplexing buttons for products including ping pong balls, Mucinex and Play-Doh.
Read More
National Fuel Gas (NFG) Q3 Earnings Top Estimates
NFG (National Fuel Gas Company) | Zacks
A quarter ago, it was expected that this energy company would post earnings of $1.15 per share when it actually produced earnings of $1.07, delivering a surprise of -6.96%.Over the last four quarters, the company has surpassed consensus EPS estimates two times.National Fuel Gas, which belongs to the Zacks Utility - Gas Distribution industry, posted revenues of $357.20 million for the quarter ended June 2019, missing the Zacks Consensus Estimate by 10.27%.
Read More
Kellogg, Yum Brands rise; Qualcomm, Abiomed fall
K (Kellogg Company) | Houston Chronicle
The financial services company reported weak second quarter profit and its individual life insurance unit swung to a loss. The Taco Bell and Pizza Hut owner beat Wall Street's second quarter profit and revenue forecasts. The auto maker blew past Wall Street's second quarter profit forecasts on strong sales of pickups and SUVs. The maker of Frosted Flakes and Pop Tarts beat Wall Street's second quarter profit forecasts. The maker of hard drives reported solid fiscal fourth quarter profit and said it expects the market for flash drives to improve.
Read More
Fitbit Is at All-Time Lows, and Some Analysts Think Things Could Still Get Worse
FIT (Fitbit Inc. Class A) | Barron's
Shares of smartwatch and fitness-tracker company Fitbit took a dive early Thursday, touching new lows, after the company trimmed its full-year revenue targets and pointed investors toward losses steeper than Wall Street expected. Fitbit stock (FIT), off about 15% in 2019 through Wednesday’s close, were recently trading down 19% to $3.40 after the company’s evening release of second-quarter financial results. Morning lows of $3.27 represented the shares’ all-time intraday low—a steep fall for a stock that approached $50 in 2015 after its initial public offering. Read more: Fitbit Analysts Expected Great News, Not Merely Good NewsNon-GAAP losses are seen between 31 and 38 cents per share, below the 15-cents-per-share consensus before the latest release. Still some analysts think the picture isn’t just bad—it’s bleak.
Read More
Shopify Shines
SHOP (Shopify Inc. Class A Subordinate) | The Motley Fool
Shopify (NYSE:SHOP) reported second-quarter financial results on Aug. 1, and results show the commerce platform is enjoying robust demand for its steadily expanding suite of services. Shopify results: The raw numbersMetric Q1 2019 Q1 2018 Change Revenue $362 million $245 million 48% Net loss ($29 million) ($24 million) N/A Net loss per share ($0.26) ($0.23) N/AWhat happened with Shopify this quarter? Within its core U.S. market, Shopify now facilitates approximately 5% of all retail e-commerce sales, placing it third behind only Amazon and eBay. "Our powerful yet easy-to-use retail operating system helps level the playing field, providing expansive opportunities for our merchants and Shopify around the world," Shapero said. However, Shopify also increased its GAAP operating loss projection to $145 million-$155 million, compared to a loss of $130 million to $140 million, as the company ramps up its growth investments.
Read More
Pinterest beats revenue on user addition, lifts 2019 sales forecast
PINS (Pinterest Inc) | Reuters
Pinterest Inc (PINS.N) raised its full-year sales forecast and reported second-quarter revenue above Wall Street estimates on Thursday, as the online scrapbook company added more users, sending its shares up 12% in extended trading. Total revenue in the second quarter rose 62% to $261 million, above analysts’ estimate of $235.5 million, according to IBES data from Refinitiv.
Read More
Snap Kitchen shifts business online as food deliveries, prepared meal takes off
Snap Kitchen LLC | Houston Chronicle
Snap Kitchen, an Austin-based retailer selling prepared meals, is the latest company to pivot to e-commerce, recently expanding its direct-to-consumer shipments to 15 markets nationally. What Snap Kitchen won’t be doing, at least for now, is to open new stores, Chief Executive Jon Carter said. Whole Foods partnered with Snap Kitchen in 2016 to offer its prepared meals in its grocery stores. Still, the question remains: Can Snap Kitchen and other food retailers profit from food deliveries, which burdens them with additional costs such as drivers and vehicles? “They all realize food delivery is a necessary evil and a way for them to expand their base,” Littwitz said.
Read More
Google suspends transcription of voice assistant clips in Europe
GOOG (Alphabet Inc) | Reuters
Alphabet Inc’s Google (GOOGL.O) has suspended reviewing voice recordings from its Google Assistant virtual helper in the European Union after a leak of Dutch audio data, a company spokeswoman told Reuters on Thursday. “Shortly after we learned about the leaking of confidential Dutch audio data, we paused language reviews of the Assistant to investigate,” the spokeswoman said.
Read More
Download Folo, add stock symbols to your watchlist, and get notified.
When you look up U.S or China stock symbols and add them to Watchlist, Folo, an A.I. based news curator will keep you updated with stock news from 270 sources.
Download on the App Store
http://folo.moya.ai
Comments
Post a Comment