In December, Market Insights noted how money was shifting away from large, well-known companies to smaller and less-known companies.
Foot Locker’s (FL) blowout quarter today is the latest example of the trend. Not only did earnings and revenue beat estimates. The key same-store sales metric was also more than twice the expected amount, a sign of successful merchandising and customer engagement.
Highlights: Grubhub Inc. (NYSE: GRUB) reported $1.0 billion in revenue (+47.5% year-over-year) and $5.0 billion in food sales (+34% YOY) Take rate increased to 20.9%… 阅读更多 »Grubhub Earnings Break US $1 Billion in revenue with over 17 million active users
Tesla Motors (TSLA) has traded in a tight range since late October, even as volatility swept the broader market. Some potentially important things have happened during that time, including a so-called “golden cross” chart pattern.