Monthly Archives: May 2021

Walmart Smashes Earnings Estimates, Raises Guidance

Walmart Inc (NYSE:WMT) posted better-than-expected earnings before the opening bell this morning. The big-box retailer reported robust grocery sales and e-commerce trends and boosted its full-year guidance. Q1 2021 hedge fund letters, conferences and more Walmart reports strong earnings Walmart said shoppers spent their stimulus checks at its stores and on its website and prepared […]

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Is Fisker a Buy After Announcing a Deal with Foxconn?

Electric Vehicle (EV) maker Fisker (FSR) has been making headlines after inking a major deal with Chinese EV manufacturing company Foxconn. However, because production of its EV model (Project PEAR) is not expected to begin until the fourth quarter of 2023, the company’s sales prospects remain far off. Further, a global semiconductor chip shortage and growing competition in the EV space could be major headwinds for the stock. Read on.

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