Tag: Stocks

Tesla announced that it’s looking to raise almost $3 billion in debt and equity, with Elon buying $25 million in stock as good faith, Whitney is betting again Tesla once again.  Despite Elon upping his stake in Tesla, now owning 20% of the company and saying some years ago, he would be the last person to sell shares, Whitney is making headlines again and looking for someone to take the other side of his bet.

The last time Whitney made the headlines, it two months ago.  Whitney said Musk has no more rabbits to pull out of his hat and therefore

Crocs, Inc., together with its subsidiaries, designs, develops, manufactures, markets, and distributes casual lifestyle footwear and accessories for men, women, and children worldwide. It offers various footwear products, including clogs, sandals, flips and slides, shoes, and boots under the Crocs brand name.

Over 15 years ago, the ugly looking shoes were the IT and took the world by storm.  Crocs invented by three friends vacationing in the Florida Keys when one friend was wearing a slip-resistant clog made of closed-cell resin.  

They sold their first pair of Crocs at the Fort Lauderdale Boat Show in late 2002 and by 2007 the company

The EU has cut growth forecasts for Germany for the second time this year, as trade tensions and a Chinese slowdown weigh on the traditional economic powerhouse of the region.Germany is only expected to grow at a rate of 0.5% this year, according to the latest economic forecasts by the European Commission. It will be the second-worst economy across the EU in terms of growth, with only Italy looking more downbeat. It comes after the institution lowered Germany’s growth expectations from 1.8% to 1.1% in February.The German economy, driven by manufacturing and exports, has been impacted by stalling growth in

Zayo Group Holdings, Inc. (ZAYO) through its subsidiaries, provides bandwidth infrastructure solutions for the communications industry in the U.S., Canada and Europe.   Customers include wireless and wireline carriers, media and content companies and finance, healthcare and other large enterprises.

Earlier this year I wrote a post about Zayo jumping almost 10% after Bloomberg reported that talks were heating up between Google and CenturyLink to buy Zayo and when news hit the wire, the Smart Money has been buying up all the call options they can in Feb and Mar, thinking the buyout will occur by mid-March.

Zayo…Potential Buyout Coming By Mid-March

Since I

Stamps.com Inc. provides Internet-based mailing and shipping solutions in the United States fall 56.4% to $86.31 on Friday after the online shipping and postage company said its key partnership with the U.S. Postal Service has ended.

Stamps.com No Longer Sticking

Yesterday, they almost topped that performance, I should say lack of performance when the stock fell 55% after announcing their first quarter earnings and lowered guidance for 2019.  The numbers caught investors off guard, but the CEO, Ken McBride insisted the numbers were “in line with our expectations in light of our new strategic direction.” 

NOTE TO SELF: How could the numbers be

On Wednesday, Roku reported their first quarter earnings. Although net loss of $9.7 million, or 9 cents a share, revenue rose to $207 million from $137 million a year earlier ago.  Also, active-account base grew by 2 million users sequentially, reaching 29.1 million in the first quarter.  And for the full year, Roku forecast $1.03 billion to $1.05 billion in revenue, slightly ahead of expectations.

This opportunity in the large streaming trend makes ROKU a great position to increase its number of users, the analysts said. As a result of its leadership in the sector, ROKU shares could soar three to

Uber makes its IPO debut Friday in one of the most anticipated IPOs in 2019.  Uber is set to price their shares at $44 to $50, given the company an immediate $80 or $90 billion market cap.

In 2018, Uber’s revenue reached $11.3 billion for the year, up 43% from 2017, but the company remains unprofitable.  Thus, tomorrow there will be winners and losers (just like with the Lyft IPO).  The losers will be the retail investors, who will be eager to jump in and get a piece of the pie.  The winners will include, Ashton Kutcher, Jay-Z, Beyonce, Gwyneth Paltrow

Beyond Meat priced its initial public offering at $25 and now the stock is up more than 200% in less than a week.  And while the S&P 500 closed down more than 1% yesterday, Beyond Meat closed the day up 6%

Beyond Meat, a maker of plant-based meat products is the new IT THING on Wall Street and sold at a supermarket and restaurant near you. 

Beyond Meat is also trailblazing a new secular movement away from animal protein.  Beef is loaded with saturated fat and many, many resources are needed to produce 1 lb of beef.  For example,   the total