May 15, 2023

Beam Global BEEM shares are trading higher after the close Monday on the heels of the company’s first-quarter report. What Happened: Beam said first-quarter revenue increased 245% year-over-year to $13.02 million, which beat average analyst estimates of $8.28 million, per Benzinga Pro. The company reported a quarterly loss of 38 cents per share, which beat estimates for a […]

Total household debt rose by $148 billion, or 0.9%, to $17.05 trillion in the first quarter of 2023, according to the latest Quarterly Report on Household Debt and Credit. This was the weakest quarterly debt increase in two years… … hardly a good look for an economy that is entirely credit-driven, and may explain why

Although US stocks closed slightly lower on Friday, there were a few notable insider trades. When insiders purchase shares, it indicates their confidence in the company’s prospects or that they view the stock as a bargain. Either way, this signals an opportunity to go long on the stock. Insider purchases should not be taken as

Analog Devices Inc ADI disclosed an investment of €630 million to construct a research & development and manufacturing facility in Ireland.  The new 45,000 sq-ft facility, located at its European regional headquarters, will support the innovation of next-generation signal processing to drive digital transformation across several sectors such as Automotive, Industrial and Healthcare.  ADI

Wall Street expects Tower Semiconductor Ltd. TSEM to post quarterly earnings at 47 cents per share on revenue of $352.35 million before the opening bell. Tower Semiconductor shares rose 0.2% to $40.50 in after-hours trading. Analysts are expecting XP Inc. XP to have earned 28 cents per share on revenue of $621.76 million

Several users of Alphabet Inc.‘s GOOG GOOGL Google Pixel 6 Pro have reported that their phones are overheating and draining the batteries excessively. What Happened: Pixel 6 Pro users have been experiencing an issue where their phones are overheating and draining their batteries excessively, reported Engadget. One Pixel 6 Pro user contacted Engadget and reported that

Artificial intelligence has revolutionized many industries in recent years, and it’s an emerging technology that investors should be paying attention to while trading in the stock market.  In an interview with Insider published on Saturday, Sylvia Jablonski, the CEO and chief investment strategist of Defiance ETFs, said as much while sharing her thoughts on how AI will shape key investment decisions.  “It is and will