Aaron McDade

Ohio

Breaking News Reporter at Investopedia

Breaking News Reporter @Investopedia | Formerly: @BusinessInsider @Newsweek

Articles

Here's How Much Traders Expect Nike Stock to Move After Earnings Thursday

2 days ago | investopedia.com | Aaron McDade

Nike ( NKE) is scheduled to post fiscal fourth-quarter results after the market closes on Thursday, with investors expecting a sizable move following the report. Current options pricing suggests traders expect shares could move close to 8%, or roughly $5 in either direction in the wake of the results. At the high end, that would leave shares near $66, or just above $56 at the low end.
Coinbase Stock Gets a New Top Wall Street Bull After Tuesday's 12% Pop

2 days ago | investopedia.com | Aaron McDade

Key Takeaways Coinbase ( COIN) has a new Street-high price target after the crypto trading platform's stock jumped 12% Tuesday. Bernstein analysts hiked their target for Coinbase to $510 from $310 on Wednesday, well above any other target tracked by Visible Alpha. The stock was up about 2% in recent trading just above $351, after surging as much as 7% earlier in the session.
General Mills Stock Slips as Cereal Maker Sees Larger-Than-Expected Profit Drop

3 days ago | investopedia.com | Aaron McDade

Key Takeaways General Mills ( GIS) shares fell in premarket trading Wednesday after the cereal maker's fiscal 2025 fourth-quarter sales fell short of estimates and it projected a bigger-than-expected profit decline for the new fiscal year. The maker of Lucky Charms, Betty Crocker, and Pillsbury reported $4.56 billion in Q4 sales, down 3% year-over-year and just below the $4.58 billion Visible Alpha consensus. Adjusted earnings per share (EPS) of $0.74 topped analysts' expected $0.71.
FedEx Stock Sinks After Shipping Giant Does Not Provide Full-Year Outlook

3 days ago | investopedia.com | Aaron McDade

Key Takeaways FedEx ( FDX) shares are moving sharply lower in premarket trading Wednesday, a day after the shipping giant didn't provide a full-year outlook and projected lower-than-expected first-quarter profit. After the bell Tuesday, FedEx topped estimates for its fiscal fourth quarter, but its first-quarter adjusted earnings per share estimate of $3.40 to $4.00 was below Visible Alpha consensus.
Coinbase Stock Leads S&P 500 Gainers as Crypto Trading Platform Keeps Rallying

3 days ago | investopedia.com | Aaron McDade

Coinbase ( COIN) was the best-performing stock on the S&P 500 Tuesday as the cryptocurrency trading platform added to its recent rally. Shares have rallied over the last week after the Senate passed the GENIUS Act, which would allow stablecoins to be used more widely. Late Monday, Cathie Wood's firm Ark Invest said a pair of its funds had bought nearly 4,200 combined shares of Coinbase, and Benchmark analysts reportedly boosted their price target on the stock to $421 from $301.
Uber Stock Surges as Robotaxi Service With Waymo Launches in Atlanta

3 days ago | investopedia.com | Aaron McDade

Key Takeaways Shares of Uber Technologies ( UBER) jumped 8% Tuesday as the ridesharing giant launched its robotaxi service in partnership with Alphabet ( GOOGL)-owned Waymo in Atlanta. Atlanta-area Uber customers can now ride in a Waymo autonomous vehicle, though-like their collaboration in Austin, Texas-not to the airport. The initial launch covers 65 square miles of Atlanta, roughly half of its footprint.
Krispy Kreme, McDonald's End Partnership, Citing Profitability Concerns

4 days ago | investopedia.com | Aaron McDade

Key Takeaways Krispy Kreme ( DNUT) and McDonald's ( MCD) on Tuesday announced an end to their partnership, effective July 2, as the doughnut maker said it was unable to continue scaling it profitably.
Tesla Stock Extends Robotaxi Rally After 8% Jump Monday

4 days ago | investopedia.com | Aaron McDade

Key Takeaways Tesla ( TSLA) shares are rising in premarket trading after soaring 8% Monday after the weekend launch of the electric vehicle maker's autonomous robotaxi service in Austin, Texas. The launch appeared to go largely without issue, though reports have emerged that the National Highway Traffic Safety Administration (NHTSA) is seeking more information from Tesla about certain social media videos.
KB Home Cuts Full-Year Outlook Amid Consumer Uncertainty

4 days ago | investopedia.com | Aaron McDade

Key Takeaways KB Home ( KBH) topped second-quarter revenue and profit estimates after the bell Monday, but cut its full-year sales forecast as the housing market remains sluggish. Revenue fell more than 10% year-over-year to $1.53 billion but came in narrowly above Visible Alpha consensus. Earnings per share of $1.50 dropped from $2.15 a year ago but also topped analysts' projections.
Here's How Much Traders Expect FedEx Stock to Move After Tuesday's Earnings

4 days ago | investopedia.com | Aaron McDade

FedEx ( FDX) is set to post its final earnings report of its fiscal 2025 after the market closes on Tuesday, with traders expecting a sizable move from the shipping giant's stock. Based on current options prices for FedEx's stock, investors are anticipating a move of close to 7%, or nearly $16, in either direction over the rest of the week of trading after the Tuesday afternoon report. At the high end, that would put FedEx stock at just over $245, with the low end just over $213.