Home Tags Financials
Nintendo's reliance on first-party games and hardware sales is incredibly risky, and the Japanese gaming giant knows it.
A handful of large bank stocks are cheaply valued right now. Some market participants say that bodes poorly for the broader market.
Uber could rake in more than $10 billion in revenue this year, but its growth is starting to slow down
Uber is cruising toward $10 billion in revenue in 2018, despite a Q2 slump in growth, according to the ride-hailing company.
Nintendo's hit Switch console is still doing well in its second year, but a lack of major games has slowed momentum for the once red-hot game console.
Citigroup reported earnings on Tuesday at 8 am that beat Wall Street's expectations.
Several big banks released earnings this morning, but the news didn't spur much optimism on Wall Street.
The optimism on banks, which make up most of the financials sector, is widespread.
Banks benefited the most of anyone from the Fed's statement on Wednesday, and now investors are betting on continued gains in the sector.
Despite strong recent performance and appealing fundamentals going forward, bank stocks are not feeling the love from Wall Street analysts.
There's a tug-of-war brewing under the surface for financial stocks, which saw huge post-election gains, as hedge funds and mutual funds disagree.