Stitch Fix Inc. SFIX, +39.46% stock soared 40% in early Tuesday trading, putting them on track for a record one-day gain, after the personal styling service reported fiscal first-quarter results that far exceeded expectations and guided for full-year revenue growth of 20% to 25%. Stitch Fix reported a surprise profit […]
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AO World revenue up more than 50% as demand for electrical appliances online soars
TipRanks 3 Monster Growth Stocks That Still Have Room to Run Investors are in the market to make a profit, and that means finding the stocks with proven growth potential. Yes, it’s a cliché to remind everyone that past performance does not guarantee future results, but when a stock consistently […]
World’s Top Hedge Fund Soars 275% With Bets on China Schools
(Bloomberg) — Long before he ran the world’s best-performing hedge fund, Qian Yongqiang chaired China’s biggest online dating service. The Yale graduate would spend hours tracking down attractive users with suspicious profiles, sifting through accounts and deleting thousands of scammers to improve the site’s authenticity and ensure its success. Now […]
World’s Top Hedge Fund Soars 275% With Huge Bet on China Schools
(Bloomberg) — Long before he ran the world’s best-performing hedge fund, Qian Yongqiang chaired China’s biggest online dating service. The Yale graduate would spend hours tracking down attractive users with suspicious profiles, sifting through accounts and deleting thousands of scammers to improve the site’s authenticity and ensure its success. Now […]
Flex Stock Soars on Speculation It Could Sell or Spin Solar-Tracking Unit
Text size Flex unit Nextracker makes devices that make solar panels more efficient. Earlier this week, Nextracker rival Array Technologies soared after its IPO. Andrey Rudakov/Bloomberg Flex stock soared Friday on speculation the contract-electronics manufacturer could sell or spin off its Nextracker solar-tracking hardware business. The devices track the path […]
As Online Shopping Soars, Product Reviews Takes Holiday Spotlight
TipRanks Raymond James Says These 3 Stocks Could Surge Over 100% From Current Levels Election day is just around the corner, and Wall Street is placing its bet on a Democratic sweep. Following the Presidential debate on September 29, the chance of a Biden victory has been increasing in the […]
Goldman Sachs’s Third-Quarter Profit Soars
Goldman Sachs Group Inc. GS -1.55% ’s third-quarter profit nearly doubled, the latest confirmation that, even in a pandemic and a recession, Wall Street can still make money. Goldman reported a quarterly profit of $3.62 billion, or $9.68 a share, on revenue of $10.78 billion. Both measures were better than […]
online bartering soars in virus-hit Philippines
Struggling to make ends meet, Lorraine Imperio swapped a pair of Nike slip-on shoes for a whole dressed chicken on an online bartering site, one of dozens that have sprouted up during the Philippines’ virus lockdowns. With millions stripped of their jobs and many forced to stay home to slow […]