Grand Canyon Education, Inc.: A Changing Landscape In the dynamic world of education technology, Grand Canyon Education, Inc. (LOPE) has been a noteworthy player. Having initially shown promising signs with rising enrollment and retention rates in late 2023, our initial outlook towards the company was bullish. However, recent developments have led us to reconsider our…
Breaking Down the Latest Financial Updates Third Quarter 2024 Overview The third quarter of 2024 has brought some exciting news for our company. Our Total Revenue saw a significant increase of 17% year-over-year, totaling $323.4 million. Year-to-date, our Total Revenue has also seen a healthy growth of 20% compared to the previous year, reaching $908.3…
Aspen University Receives Five-Year Renewal of Accreditation from Distance Education Accrediting Commission New York, NY – Aspen Group, Inc. (AGI), an education technology holding company, recently announced that Aspen University (AU) has received notice of its accreditation renewal from the Distance Education Accrediting Commission (DEAC). DEAC is recognized by the U.S. Department of Education and…
Charmingly Eccentric: The Impact of Current Market Trends on Currency Exchange EUR/USD Dips Ahead of PMI Data Release EUR/USD is now trading down by 0.4% to near 0.9900 and that is even before we get to the PMI data in Europe later today. This comes as the dollar is seen pulling higher with GBP/USD also…
Financial Worries? You’re Not Alone Investors Beware: Securities Class Action Lawsuit Against Nextracker Inc. Hey there, fellow investors! Have you heard about the latest drama in the financial world? Well, let me fill you in on the details. The law firm of Kessler Topaz Meltzer & Check, LLP recently announced that a securities class action…
Bitcoin’s Price Crash: A Devastating 24 Hours for Cryptocurrency Traders The cryptocurrency market experienced a significant downturn in the last 24 hours, with Bitcoin’s price crashing and triggering massive liquidations. According to reports, around $1.59 billion was wiped out from the market, leaving approximately 390,000 traders with losses. Long Positions Bear the Brunt of the…
The Collapsing Correlation Between US Equities and Bitcoin What’s Happening? In recent months, the correlation between surging US equities and Bitcoin (BTC) has shown signs of collapse, as the cryptocurrency faces a combination of excess supply and weakened demand that has led to an over 20% price drop from June highs above $70,000 for the…
Incorporating Zacks Rank System into Stock Selection The Zacks Rank System Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. This system has been carefully developed and tested to identify stocks with the highest probability of outperforming the market in the…
