Trading Ideas

Beyond Meat (BYND) served up a tasty alternative dish in its earnings report on Tuesday. Somewhat surprising the market, the plant-based meat pioneer posted beats both on top and bottom line. Investors reacted in glee and sent the stock up 25% after scouring the print.Here’s a quick recap: BYND reported revenue of $97.07 million, beating the estimates by $9.97 million while exhibiting year-over-year growth 141.4%. The company, surprisingly, even reported a profit; net income came in at $1.8 million, compared to the $6.6 million net loss in the same period last year – amounting to EPS of $0.03 and beating …read more […]

(Bloomberg) — The U.S. Justice Department is investigating meatpacking companies for possible antitrust violations, according to a person familiar with the matter, as the industry comes under scrutiny over plant shutdowns that have disrupted the supply of meat.The antitrust probe is in the early stages and began before the coronavirus outbreak spread across the U.S., said the person, who declined to be named because the investigation is confidential.Meatpacking is highly consolidated with four companies — Tyson Foods Inc., JBS SA, Cargill Inc. and National Beef Inc. — controlling about 80% of the U.S. beef processing market. Their dominance has sparked …read more […]

As the financial crisis unfolded in 2008 and Wall Street collapsed, Steve Eisman loved every minute of it. Eisman was one of the main characters portrayed in the Michael Lewis book The Big Short.
The book (and the Oscar-nominated movie) focused on the handful of brilliant investors who scored windfall profits by betting against Wall Street before the housing bubble burst.
Eisman is and always has been a maverick. For decades, he considered himself an outsider because he found how most of Wall Street operated to be distasteful. He is a man obsessed with honesty and integrity in a world where people …read more […]

Oftentimes, when a company issues stock, its share price plunges…
This is usually a sign of weakness – a company that needs capital to continue operations. And that money does not come cheap.
In fact, for small caps and microcaps, that money might come at a 15% to 40% discount to the market price. And the shares should soon follow lower. After all, if the company is willing to take a haircut, why should you as a shareholder be willing to hang on at higher prices?
If you’re in the right situation – in the right company – a capital raise might be …read more […]

The post Take Control Of Your Personal Finances – How To Be Financially Free appeared first on Investment U. …read more […]

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(Bloomberg) — Dropbox Inc. reported its first-ever net income, in a quarter when demand for cloud software was bolstered by a shift to working from home.Earnings in the first quarter were $39.3 million, or 9 cents a share, the San Francisco-based company said in a statement on Thursday. Sales rose 18% to $455 million. Analysts on average had projected a net loss of 3 cents and revenue of $452.2 million. Dropbox has exceeded analysts’ estimates for sales and profit every quarter since going public in March 2018, according to data compiled by Bloomberg.The milestone caps years of work by Dropbox …read more […]

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Dropbox achieved profitability on a GAAP basis since it went public in March 2018, as it reported a net income of $39.3 million, or 9 cents per share, compared to a loss of $7.7 million, or 2 cents, a year earlier. The company said it had 14.6 million paid subscribers at the end of the first quarter, in line with estimates of 14.61 million subscribers, according to research firm FactSet. …read more […]

Uber’s first quarter is likely to reflect Corporate America’s growing turmoil as the COVID-19 pandemic ricochets across the global economy. …read more […]

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Talking with stand-up comic Joe Rogan, the billionaire also doubled down on his critique of stay-at-home orders imposed by U.S. states to curb the spread of the coronavirus. Musk said states’ lockdown orders were “unconstitutional” and would not hold up before the U.S. Supreme Court if challenged. The interview marked Musk’s second appearance on Rogan’s podcast, which is videotaped and published online. …read more […]

There is no shortage of scary headlines in the news, whether they’re talking about the coronavirus, the economy or climate change.
Today, Nicholas Vardy takes a deeper look at the truth behind the headlines and how wealth builders should respond.

“Coronavirus in the U.S.: An Unrelenting Crush of Cases and Deaths,” screams a May 5 headline in The New York Times.
The country is still in the firm grip of a pandemic with little hope of release. For every indication of improvement in controlling the virus, new outbreaks have emerged elsewhere, leaving the nation stuck in a steady, unrelenting march of deaths and …read more […]