Although it is always a good idea to monitor volume change and price resilience, some stocks — especially those categorized as overhyped stocks to sell when they reach new highs — have more fishy fundamentals than others, particularly if there is a possibility of a recession. The global equity sell-off on Monday certainly hinted at a hard landing scenario. Citi (NYSE:C) economist Andrew Hollenhorst wisely noted that "Once you start to worry about [a] recession, you are usually in a recession." Despite inter ...

Dropbox (DBX) is scheduled to report its second-quarter 2024 results on Aug 8. For the to-be-reported quarter, Dropbox expects revenues between $628 million and $631 million. Non-GAAP operating margin is expected to be roughly 33%. The Zacks Consensus Estimate for revenues is currently pegged at $629.65 million, suggesting growth of 1.15% from the year-ago quarter's reported figure. The consensus mark for earnings is pegged at 52 cents per share, unchanged over the past 30 days and indicating 1.96% growth f ...

About this content Proactive financial news and online broadcast teams provide fast, accessible, informative and actionable business and finance news content to a global investment audience. All our content is produced independently by our experienced and qualified teams of news journalists. Use of technology Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments ...

Disney (DIS) Questionable leadership, disappointing long-term returns, and activist initiatives that went nowhere suggest that investors may want to stay away from Disney stock. A potential strike will only make things worse. Workhorse is one of the many EV stocks that captured investors' imaginations as long as they didn't look at pesky things like fundamentals and long-term viability. Workhorse has commercial vehicles, but it's never a good sign when the company publishes a press release about regaining c ...

Dropbox's expanding AI-powered product portfolio has been a key catalyst in driving up the paid user base. Its strategy of leveraging AI to develop products that organize all cloud content on a single platform is a positive. Image Source: Zacks Investment Research Dropbox is benefiting from an innovative portfolio and strong partner base that includes the likes of Google, Slack, Adobe, Atlassian, Zoom, Microsoft (MSFT) , Salesforce (CRM) and NVIDIA (NVDA) . Dash's latest enhancements improve search function ...

Founders eagerly seek capital while investors gear up to use dry powder DocSend, a secure document sharing platform and Dropbox (NASDAQ: DBX) company, today released a data analysis of its Pitch Deck Interest (PDI) metrics showing 2024 investor pitch deck engagement rose after global startup funding hit a five-year low. The analysis shows VCs are confident in the marketplace and founders (activity up 10.8% YoY) may finally be able to get the funding they need. DocSend, a secure document sharing platform and ...

Dropbox (DBX) closed at $21.87 in the latest trading session, marking a -0.68% move from the prior day. The stock's change was less than the S&P 500's daily gain of 1.02%. Meanwhile, the Dow gained 1.09%, and the Nasdaq, a tech-heavy index, added 1.18%. Shares of the online file-sharing company have appreciated by 2.32% over the course of the past month, underperforming the Computer and Technology sector's gain of 8.46% and the S&P 500's gain of 4.44%. Market participants will be closely following the finan ...

The online file-sharing company's shares have seen a decrease of 4.76% over the last month, not keeping up with the Computer and Technology sector's gain of 4.06% and the S&P 500's gain of 2.83%. For the full year, the Zacks Consensus Estimates project earnings of $2.12 per share and a revenue of $2.54 billion, demonstrating changes of +7.07% and +1.66%, respectively, from the preceding year. Our research reveals that these estimate alterations are directly linked with the stock price performance in the nea ...

Dropbox (DBX) shares ended the last trading session 5.6% higher at $22.13. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 9.5% loss over the past four weeks. This online file-sharing company is expected to post quarterly earnings of $0.52 per share in its upcoming report, which represents a year-over-year change of +2%. Revenues are expected to be $629.65 million, up 1.2% from the year-ago quarter. For Dropbox, th ...

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