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Nvidia Sparks AI Acquisition Buzz With $10B Mixed-Shelf Offering
Wednesday, March 1, 2023 - 1:55am | 667Close on the heels of robust quarterly results, graphic chips giant Nvidia Corp. (NASDAQ: NVDA) filed for an S-3 registration statement with the SEC for a mixed-shelf offering. What Happened: Santa Clara, California-based Nvidia said it plans to sell securities, including common stock, preferred...
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Why Tesla Is Preferred Choice Of Uber Drivers: Cathie Wood Weighs In
Thursday, January 5, 2023 - 6:59am | 529Cathie Wood took to Twitter late on Wednesday to underline the virtues of electric vehicles over their gas-powered counterparts. What Happened: While sharing Scale AI founder Alexander Wang’s view that FAANGs are no longer safe havens, Wood noted that the Nasdaq 100 is heavy with FAANGs and...
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Lululemon Bets Big On Millennial Moms
Tuesday, June 9, 2015 - 7:26am | 548The last missive back in March discussed how subtle changes in Lululemon Athletica (NASDAQ: LULU)'s visual merchandising led me to believe that the company had some very clever— and accretive-- line extensions into higher fashion, higher margin—"off the mat" apparel and a nascent swimwear line....
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UPDATE: Bank of America Merrill Lynch Upgrades MeadWestvaco
Thursday, January 16, 2014 - 9:02am | 239In a report published Thursday, Bank of America Merrill Lynch analyst Alexander Wang upgraded MeadWestvaco (NYSE: MWV) to Buy, with a $38.00 price objective. According to the report, MWV's new cost reduction program should result in increased earnings and cash flow from its packaging businesses...