What can you say about Fitbit’s (FIT) executive team other than “Wow”? After lowering FY16 guidance upon missing Q3 revenues, the situation continued to deteriorate for Fitbit as demand for its fitness trackers continued to fall. In Q3 2016, Fitbit lowered revenue expectations from a growth rate of 38% to just 25% growth. But on January 30, 2016 Fitbit announced…
It’s not often that such a market rally, now nearly 2 months in the making, can frighten investors, but...
We are off to a spectacular year in the markets with the S&P 500 (SPX) up roughly 3.5% since...
Fitbit (FIT) reported rather dismal Q1 2017 metrics last week, but even so shares of FIT rose sharply. Why...
Investors’ belief in a 2H EPS recovery is growing amid a stronger than expected reporting season. Meanwhile, the recent...
This week, we provide feedback to our 2022 Outlook—spoiler alert—there wasn’t as much as usual. Meanwhile, consumers are opening...
Cross-Asset Strategy: Equities rallied to YTD highs on optimism around a US debt ceiling resolution, a move that seems...
The analysis and Research within comes via the monthly Macro-Memo from RBC Capital Wealth Advisors: We have been predicting...
On February 27, 2018, Macy’s reported its Q4 2017 and FY17 results. With some retailers and especially Macy’s, following...
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