Latest News

It's nice to see the Purple Innovation, Inc. ( NASDAQ:PRPL ) share price up 29% in a week. But spare a thought for the...

Savaria Corporation ( TSE:SIS ) shareholders (or potential shareholders) will be happy to see that the Executive...

The Zynex, Inc. ( NASDAQ:ZYXI ) share price has fared very poorly over the last month, falling by a substantial 66...

In 2025, the Canadian market has experienced volatility, with diversification emerging as a key theme due to softened growth outlooks in Canada and the U.S. Penny stocks, often seen as investments in smaller or newer companies, still hold potential despite their somewhat outdated label. By focusing on those with strong financial foundations and growth potential, investors can explore opportunities that might offer both stability and upside.

XPeng (NYSE:XPEV) has seen a significant share price increase of 75% over the last quarter, supported by a robust corporate performance and strategic moves. The company's announcement of expected Q1 2025 vehicle deliveries up to 93,000 units, representing an over 300% year-over-year increase, aligns with strong revenue growth guidance, boosting investor confidence. Additionally, XPeng's ongoing expansion into European markets and a successful launch of the XNGP driving technology further...

Archer Aviation (NYSE:ACHR) announced a partnership with Palantir Technologies to develop AI-driven solutions for next-generation aviation, potentially catalyzing its recent 14% share price increase. This collaboration, along with the launch of the Midnight aircraft commercialization program, signals Archer's active push into urban air mobility. The company's efforts are set against the backdrop of a slightly recovering market, where the S&P 500 and Nasdaq have begun to stabilize after weeks...

OppFi (NYSE:OPFI) recently reported its fourth-quarter 2024 earnings, showing a slight year-over-year revenue increase to $136 million, despite a net loss of $5.6 million. The company’s 2025 guidance anticipates 7% to 13% revenue growth. Although the recent buyback tranche involved no share repurchases, cumulative buybacks reached over 1 million shares. Concurrently, market conditions have seen improvements, with the major indexes rebounding after the Federal Reserve's decision to maintain...

Carvana (NYSE:CVNA) recently announced a significant improvement in its Q4 2024 earnings, showcasing substantial growth in sales and revenue, and achieving a positive net income after a period of losses. This strong financial performance likely contributed to the company's 11% share price rise over the past week. Meanwhile, the broader market remained positive, with major indexes showing resilience, which may have further supported Carvana's gains. The improving performance signals a...

Robinhood Markets (NasdaqGS:HOOD) experienced a significant share price increase of 21% over the last week. This upward trend coincided with favorable market conditions, as the major indexes, including the S&P 500 and Nasdaq Composite, began to recover losses following a four-week decline. The Federal Reserve's decision to hold interest rates steady and update its economic outlook positively impacted investor sentiment, fostering a conducive environment for stock appreciation. As broader...

AppLovin (NasdaqGS:APP) has experienced a stock price increase of 13%, potentially reflecting ongoing market reactions to recent corporate events. The company is grappling with serious legal challenges, including a class action lawsuit claiming securities fraud, and accusations of ad fraud that have reportedly impacted share value. Despite these issues, AppLovin's active share repurchase program, which has now repurchased over 75 million shares, could be contributing to the stock's recent...

Uber Technologies (NYSE:UBER) recently experienced a strong total shareholder return of 22% over the last quarter, coinciding with several key developments. The company's partnership with Darden Restaurants for on-demand delivery with Cheddar's Scratch Kitchen and an agreement to integrate Uber Direct with HungerRush may have bolstered investor confidence. These strategic partnerships indicate Uber's continued expansion into diverse delivery services, complementing its robust quarterly...

Marathon Petroleum (NYSE:MPC) has been in the spotlight due to shareholder activism from John Chevedden, with a proposal to change voting requirements opposed by the company ahead of its annual meeting. Despite this, the company's stock rose 14% over the last quarter. Key factors include a cash dividend declaration and a significant share buyback program. Though Marathon's earnings saw a decline, the broader market showed resilience, with the S&P 500 on track to end its recent losing streak...

Reddit (NYSE:RDDT) recently announced an active search for more advertisers to bolster its platform, an endeavor led by COO Jennifer Wong, who emphasized the importance of a diverse advertising portfolio. Despite these strategic moves, the stock saw a 10% decline last week, possibly influenced by market conditions affecting tech stocks broadly. This drop comes amid a wider market upswing, as the S&P 500 is on track to halt its four-week losing streak. Concerns also loom over broader economic...

DocuSign (NasdaqGS:DOCU) experienced a significant price move of 14% over the last week. This surge follows the company’s recent announcement of robust fourth-quarter earnings, with revenue climbing to $776 million and net income jumping to $83 million. Positive earnings guidance for the upcoming fiscal year and the ongoing success of its share buyback program may have further fueled investor optimism. Meanwhile, the U.S. stock market experienced a general upswing, rebounding as the Federal...

Roku (NasdaqGS:ROKU) saw a 9% rise in its stock price last week, coinciding with Monster Jam's announcement of their partnership to launch the Monster Jam FAST Channel on the Roku platform. This development could have bolstered investor confidence as it potentially expands content offerings and user engagement, drawing attention amidst flat performances by the broader Nasdaq and S&P 500. Market sentiment was mixed despite some sectors showing growth and the Federal Reserve holding interest...

When you buy a stock there is always a possibility that it could drop 100%. But on the bright side, if you buy shares...

Accenture (NYSE:ACN) recently declared a substantial 15% increase in its quarterly dividend to $1.48 per share, alongside reporting robust second-quarter earnings with sales rising to $16.7 billion and net income increasing year-over-year. Despite these positive developments, the company's shares registered a 5.1% drop over the last week. This decline comes amid a broader market recovering from losses, as the S&P 500 attempts to break a four-week losing streak and economic uncertainties...

Last week, Lennox International (NYSE:LII) was at the forefront of financial discussions with its affirmation of a $1.15 per share quarterly dividend, reflecting a strong commitment to rewarding shareholders. This announcement coincided with a period where its stock price increased by 3.63%. This price movement occurred amidst broader market gains, where major indices rebounded with the S&P 500 aiming to end a four-week losing streak, potentially boosting investor sentiment. The attention...

Boise Cascade Company ( NYSE:BCC ) shareholders might be concerned after seeing the share price drop 18% in the last...

Coherent (NYSE:COHR) saw a 10% rise in its stock price over the last week, a period marked by the company's announcement of its new 2x400G-FR4 Lite optical transceiver, which is designed for AI-driven data centers and high-speed networks. This product rollout, emphasizing energy efficiency and high-volume deployment, aligns with market trends favoring tech innovations, particularly in AI and machine learning. While broader market movements have demonstrated fluctuations, particularly in major...

NIKE (NYSE:NKE) recently announced an update to its ongoing share buyback program, having repurchased 6.5 million shares at a cost of $499 million, reinforcing its commitment to shareholder value. Despite this positive signal, the company's stock price remained flat last week, moving just 1% amid a complex backdrop. The broader market showed signs of resilience with the S&P 500 on track to break a four-week losing streak, but Nike faced specific challenges, with news of potential sales...

Illinois Tool Works (NYSE:ITW) faced investor activism when John Chevedden submitted a proposal challenging excessive executive compensation. This scrutiny may have influenced ITW’s stock price, which rose 1.19% last week. While the broader market, including indices like the S&P 500 and Dow Jones, aimed to recover from multi-week declines, contributing to an overall 2.8% increase, ITW's movement was restrained in comparison as it reacted to internal governance concerns. However, it’s worth...

Colgate-Palmolive (NYSE:CL) recently announced the authorization of a $5 billion share repurchase program, reflecting the company's effort to increase shareholder value. This development coincided with improved market sentiment, with the S&P 500 potentially breaking a four-week losing spell. Despite broader economic uncertainty highlighted by the Federal Reserve's steady interest rates, Colgate-Palmolive's stock rose 4.5% last month. This positive movement aligns with a general market upturn...

Comcast (NasdaqGS:CMCSA) recently expanded its digital infrastructure in Southeast Georgia, connecting thousands of homes and businesses to high-speed Internet, which might have contributed to a 5% increase in its share price over the last week. This expansion aligns with product innovations like the Tri-Band WiFi 6E Gateway, aimed at boosting their market presence. The broader market also showed strength, with a 3% rise amidst major indices working to end multi-week losing streaks. Comcast's...