Kit Norton is a business reporter who covers a wide range of topics in the financial industry, including stocks, cryptocurrencies, and oil markets. With a focus on providing insights and analysis, Kit's articles aim to keep readers informed about the latest developments and trends in the business world.
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Kit Norton’s coverage primarily revolves around investment analysis, with a significant focus on sales & marketing. He also delves into the automotive and energy sectors.
If you are considering reaching out to Kit, ensure that your pitch includes in-depth investment analysis or data-backed insights related to the sales & marketing, automotive, or energy industries. It's clear from his article titles that he is interested in market trends and stock performance of specific companies such as Tesla and Rivian. Therefore, if you have expert knowledge about these companies or similar industry giants relevant to his topics covered, it may be worth pitching insightful commentary based on factual data.
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By: Kit Norton
S&P 500 stocks Fortinet FTNT ) and Goldman Sachs GS ) along with artificial intelligence play Taiwan Semiconductor TSM ) are in focus for this week's stock market.
By: Kit Norton
Nuclear startup Oklo announced a data center deal Wednesday, propelling nuclear-related stocks higher.
By: Kit Norton
Ollie's Bargain Outlet got a double upgrade Wednesday and a huge price target hike amid a possible Trump tariffs benefit. OLLI stock rose.
FedEx has implemented several cost-cutting initiatives in recent months, including combining its ground, air and other operations in a single company. Morgan Stanley analyst Ravi Shanker wrote earlier this month that "pressure is on" FedEx for a performance rebound in the second quarter after missing expectations in Q1. Shanker added that a fiscal second-quarter miss may "raise further questions" about The company's full-year guidance "given the slope of improvement that would be needed" in the second half of the fiscal year.
By: Kit Norton
GE Vernova bounced off its 50-day line, offering a buying opportunity. Thursday's IBD Stock Of The Day is already up 130% since its spinoff.
FedEx saw fiscal second-quarter earnings come in slightly above analyst expectations Thursday as the company also announced plans to spin off its freight business into a separate public company with the delivery heavyweight in cost-cutting mode. The company reported Thursday intentions to separate FedEx Freight, creating two publicly traded companies. Meanwhile, FedEx announced Q2 EPS jumped 1.5% to $4.05 while sales totaling $22 billion, declining around 1% compared to a year ago.
FedEx saw fiscal second-quarter earnings come in slightly above analyst expectations Thursday as the company also announced plans to spin off its freight business into a separate public company with the delivery heavyweight in cost-cutting mode. The company reported Thursday intentions to separate FedEx Freight, creating two publicly traded companies in about 18 months. Meanwhile, FedEx announced Q2 EPS jumped 1.5% to $4.05 while sales totaled $22 billion, declining around 1% compared to a year ago.
FedEx saw fiscal second-quarter earnings come in slightly above analyst expectations Thursday as the company also announced plans to spin off its freight business into a separate public company with the delivery heavyweight in cost-cutting mode. The company reported Thursday intentions to separate FedEx Freight, creating two publicly traded companies in about 18 months. Meanwhile, FedEx announced Q2 EPS jumped 1.5% to $4.05 while sales totaled $22 billion, declining around 1% compared to a year ago.
By: Kit Norton
Ollie's Bargain Outlet got a double upgrade Wednesday and a huge price target hike amid a possible Trump tariffs benefit. OLLI stock rose.
By: Kit Norton
The fourth quarter is ending soon and Tesla is attempting to shatter its previous delivery record. Tesla stock rose early Monday.
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