Finance Archives | Statural

Why Rocket Companies’ Stock Just Exploded 20% After Earnings

A mixture of incredible earnings and a large special dividend mark a great day for the Detroid-based technology-heavy holding company.

The Postal Service is planning to replace their currently outdated mail trucks with up to 165 thousand new hybrid-fueled trucks by 2023.

The technology company plunged following a revenue beat, although it came at a price with SBC rising, and a lowered 2021 growth outlook.

While the company’s now worth over $350 billion, there’s still several (at least 10) reasons to back buying into the payments company.

The top streaming devices are on sale right now, from the base model to Roku’s smart soundbar, all of which are incredible products.

2020 was a massive year for Amazon, ending with a $125 billion quarter and a new CEO, ending off with doubling analyst EPS estimates.

Silver Lake Partners, AMC’s once second biggest shareholder, just sold all of their shares for a profit, the first time they’ve been able to.

Quarterly sales for Q2 2020 grew over 17% to an all-time high of $43.1 billion, buoyed by Azure growth and surprising Xbox console gains.

The big data company is now worth over $55 billion dollars on news of a possible 4X in customers on the company’s software ahead of Demo Day.

Netflix blew past subscriber expectations to hit 200 million subscribers, offering a hint at either a dividend or buyback program for shares.