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Month: September 2020

Peloton (PTON) swings to profit in Q4 on strong revenue growth; stock surges

Peloton Interactive (NASDAQ: PTON) reported strong fourth quarter 2020 results yesterday as the stay-at-home environment resulted in a 172% growth…

Tech world on alert after Ciena (CIEN) gives cautious outlook amid order woes

In what could be a wake-up call to the technology sector, which has been resilient to the COVID crisis so…

Infographic: Chewy (CHWY) Q2 2020 earnings in a nutshell

Pet products supplier Chewy (NYSE: CHWY) surpassed bottom and topline estimates for the second quarter of 2020. The company’s loss…

Oracle (ORCL) stock gains as Q1 earnings, revenue beat Street view

Software giant Oracle Corporation (NYSE: ORCL) reported a 15% growth in first-quarter earnings, aided by a modest increase in revenues.…

American Eagle Outfitters (AEO): Demand in unexpected categories drive strong growth in Aerie

Shares of American Eagle Outfitters, Inc. (NYSE: AEO) have gained over 15% in the past three months and over 12% in…

GameStop (GME) plunges as Q2 results fell short of targets

After reporting a lower-than-expected second quarter 2020 results yesterday, GameStop (NYSE: GME) stock declined in the extended hours of trading…

Slack (WORK) might need better strategies to beat the slump

While the technology sector is riding the wave of the COVID-driven digitalization spree, some players like Slack Technologies (NYSE: WORK)…

Zscaler (ZS) reports 46% growth in Q4 revenue on growing digital transformation

Zscaler (NASDAQ: ZS) topped fourth quarter 2020 earnings and revenue estimates with a 46% growth in revenue. The cloud security…

GameStop (GME) reports wider Q2 loss; sales fall 27%

GameStop (NYSE: GME) reported a wider net loss for the second quarter of 2020, hurt by the pandemic-related slump that…

Lululemon Athletica (LULU): Increased move to active lifestyle sets up opportunity for growth and expansion

Lululemon Athletica (NASDAQ: LULU) has seen its shares gain 40% since the beginning of this year. The company’s second quarter…