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Here’s an update on the companies causing a stir in premarket trading. Intel’s shares took a tumble of over 4% as the tech giant disclosed escalating operating losses in its semiconductor manufacturing segment. The reported loss of $7 billion in 2023 marks a significant leap from the $5.2 billion loss a year back. Tesla, the… [Read More]

Pioneering food technology company, BranchOut Food Inc. (Nasdaq: BOF), has announced its financial results for the fourth quarter and year ended December 31, 2023, including net revenue of $2.83 million for 2023, up 276% year over year due to major retailer engagements. Commenting on the results, Eric Healy, CEO of BranchOut Food said, “Our corporate… [Read More]

 US equities are down on Tuesday at midday, close to worst levels after stocks finished lower on Monday. Big tech is trading lower with some drag from Tesla ($TSLA) which has declined on weak delivery numbers. Healthcare, semis, apparel retail, software, small-caps, homebuilders, EVs, and airlines are also underperforming. Energy, insurers, copper/aluminum, commodity chemicals, precious… [Read More]

Explore the notable company movements that have taken place before the bell: PVH – PVH, the parent company of Calvin Klein and Tommy Hilfiger, saw its shares plunge over 21% following weak revenue predictions for Q1 and the entire year. Despite beating quarterly estimates, the retailer expressed concerns over a challenging macroeconomic backdrop and specific… [Read More]

Tech company, AmpliTech Group, Inc. (AMPG) announced its FY2023 financial results and investors seem to find the news positive as the stock is trading upwards of ~15%. Revenues for the year were reported at $15.6M while gross profit margins grew to nearly 47%. While they reported net losses of $2.4M, the company launched over 100… [Read More]

US equities are trading lower on Monday afternoon with stocks selling off after finishing higher last week. Underperformers include healthcare, regional banks, homebuilders, trucking, telecoms, credit cards, and drug stores, while semis, precious metals, airlines, energy, hotels/restaurants, dollar stores, casinos, and China tech are stronger. Treasuries are under pressure, the Dollar index is up +0.4%,… [Read More]