Justin Post

FedEx Corporation (NYSE: FDX) released its fiscal first-quarter financial results on Thursday afternoon after pre-releasing the numbers on Sept. 15. Management commentary spooked investors that a global recession may be imminent. FedEx's profits fell well short of Wall Street's expectations...

Peloton Interactive Inc (NASDAQ: PTON) has finally launched its rowing machine, Peloton Row, which has been in development since 2019, and will be immediately available for pre-order in the U.S., with deliveries likely commencing in December, according to BofA Securities. It's the latest in a...

Snap Inc (NYSE: SNAP) shares traded higher by 15% on Wednesday after the social media giant disclosed in a new filing that it will be restructuring its business and laying off 20% of its staff. Snap CEO Evan Spiegel told employees via a memo on Tuesday that the company needs to restructure its...

Alphabet, Inc. (NASDAQ: GOOG) (NASDAQ: GOOGL) has announced it is pushing back its planned phase-out of third-party cookies in its Google Chrome browser until the second half of 2024. On Monday, Bank of America analyst Justin Post said Google's decision to delay its cookie changes is good news...

Amazon.com, Inc. (NASDAQ: AMZN) shares traded higher by 11.5% on Friday after the company reported impressive second-quarter numbers in a difficult macroeconomic climate. On Thursday, Amazon reported a second-quarter adjusted EPS loss of 20 cents, missing analyst estimates of a 14-cent profit....

Google-parent Alphabet Inc (NASDAQ: GOOGL) (NASDAQ: GOOG) reported quarterly revenue at $69.7 billion, up 13% year-over-year but short of Street expectations of $69.88 billion. The company’s profits fell to $16 billion, or $1.21 per share, below the consensus estimate of $1.29 per share....

This week is a big one for Facebook and Instagram parent company Meta Platforms Inc (NASDAQ: META). The stock is already down more than 50% so far in 2022, and its second-quarter earnings report expected out on Wednesday could make the difference between a change in trend or the next leg lower. The...

Snap Inc (NYSE: SNAP) shares traded lower by 38% on Friday after the company disappointed Wall Street with its second-quarter numbers. On Thursday, Snap reported a second-quarter adjusted EPS loss of 2 cents, missing analyst estimates of a 1-cent loss. Snap's $1.11 billion in revenue for the...

Amazon.com, Inc. (NASDAQ: AMZN) is off to a rocky start to 2022, down 35.5% year-to-date. However, Bank of America analyst Justin Post said this week that Amazon is well-positioned for a big year in 2023. The Amazon Analyst: On Monday, Post reiterated his Buy rating and $188 price target for Amazon...

Snap Inc (NYSE: SNAP) shares are plummeting 40% after CEO Evan Spiegel warned employees the company will miss its targets for revenue and earnings in the second quarter. In a note to employees on Monday afternoon, Spiegel said Snap will also be slowing its hiring as it looks to cut costs...

U.S. GDP dropped 1.4% in the first quarter of 2022, and the SPDR S&P 500 ETF Trust (ARCA: SPY) is down 16.3% year-to-date as investors become increasingly concerned about the possibility of a U.S. recession in 2022. However, Bank of America economist Aditya Bhave said this week that underlying...

Connected fitness company Peloton Interactive Inc (NASDAQ: PTON) reported quarterly earnings Tuesday morning. The company missed revenue and earnings per share estimates and shares sold off. Here is what analysts are saying about the quarterly report. The Peloton Analysts: Bank of America...

Airbnb Inc (NASDAQ: ABNB) shares traded higher by 4.9% on Wednesday after the company reported big first-quarter earnings growth and said it expects a sharp rebound in summer travel in 2022 as pandemic headwinds abate. On Tuesday, Airbnb reported a first-quarter adjusted EPS loss of 3 cents, well...

The SPDR S&P 500 ETF Trust (NYSE: SPY) is off to a horrible start to 2022, down 11.7% year-to-date. However, a handful of popular stocks have severely lagged the market and generated much heavier losses for investors this year. The threat of sharply rising interest rates and a slowdown in...

Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) shares traded lower by 3% on Wednesday after the tech giant reported an earnings miss and disappointed the market with its YouTube numbers. On Tuesday, Alphabet reported first-quarter adjusted EPS of $24.62 on revenue of $68.01 billion. Both numbers fell...