When searching for the best stocks to buy and watch, look for companies with strong earnings growth – and check the earnings calendar to see when they report. Be sure to also see our latest list of stocks just added to — or removed from — IBD's top screens.
A year after the failure of Credit Suisse, the Swiss government says UBS may have to find as much as $27 billion to absorb potential losses. Now, the giant Swiss lender is hitting back, saying its finances are robust.
As shares of former president Donald Trump's Truth Social meme stock continue to plummet, Devin Nunes, CEO of parent company Trump Media & Technology Group (TMTG), is accusing Wall Street of unfairly betting against the pump-and-dump scheme. As CNBC reports, Nunes claimed that the company's stock was the target of "unlawful manipulation" in a letter […]
We feature four S-REITs whose share prices are plumbing new 52-week lows and discuss if they may represent great buying opportunities. The post 4 Singapore REITs with Share Prices at Their 52-Week Lows: Are They a Great Buy? appeared first on The Smart Investor.
OKP has won three LTA contracts for cycling path networks since last August totalling $359.5 million
Generally speaking the aim of active stock picking is to find companies that provide returns that are superior to the...
Meta's AI reality check has dented hopes for a Big Tech revival for stocks, with a GDP update showing the US economy grew slower than expected in the first quarter.
In this article, we discuss 10 extreme dividend stocks to buy now. You can skip our detailed analysis of high-dividend stocks and their past performance, and go directly to read 5 Extreme Dividend Stocks to Buy Now. For an income investor, dividend yields play an important role in determining the earnings they generate from their […]
STORY: Tesla appears to have axed plans for a cheaper model that was set to cost around $25,000. That tallies with earlier Reuters reports that boss Elon Musk has cancelled the all-new Model 2. At the time he posted on X that “Reuters is lying”, but failed to point out any inaccuracies in the report. On Tuesday the EV maker said it would introduce cheaper new models early in 2025. But details on the products were in short supply. Musk wouldn’t say whether they would be all-new, or updates of existing vehicles. Tesla said the models would use “aspects” of current platforms. It warned that cost reductions might not be as great as under previous plans - suggesting any new cars won’t hit the $25,000 starting price that Musk has long promised. Even so, the news sent Tesla shares sharply higher in after-hours trade, gaining as much as 12.5%. The stock had seen months of declines amid signs of rising competition and falling sales. On Tuesday, Tesla also promised to unveil an advanced robotaxi, without saying when. Musk says the firm should really be viewed as an AI robotics firm as a result - not as a carmaker. The news all came as Tesla reported a fall in quarterly revenue for the first time since 2020. It sank to $21.3 billion over the three months ended March - worse than analysts expected and about $2 billion down on a year earlier. Revenue per vehicle also fell, as a result of repeated price cuts, with net profits cut by more than a half in consequence. Tesla recently said it would lay off more than 10% of its workforce amid waning demand.
Meta Platforms (META) posted first-quarter earnings results above analyst estimates, posting adjusted earnings of $4.71 per share and $36.46 billion in revenue. Meta shares plummeted by over 10% after releasing earnings after Wednesday's market close, many experts attributing this reaction to the social media giant's second-quarter outlook. Roth MKM Managing Director and Senior Research Analyst Rohit Kulkarni comes on Market Domination Overtime to talk about what could become Meta's next big revenue driver, noting the tech company's strides in generative AI compared to other competitors in the Magnificent Seven. "The reason I say that is they have re-created the entire ad stack that has about 10 to 15 million customers which are advertisers, so the scale of improvement that those advertisers will get with gen AI improvements is going to be amplified and that's going help with the fundamentals," Kulkarni explains. Kulkarni goes on to discuss Meta's social media opportunities if TikTok parent company ByteDance does not comply with the United States' legislative ultimatum signed by President Biden earlier today. For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Luke Carberry Mogan.
The headline numbers for Seagate (STX) give insight into how the company performed in the quarter ended March 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Investors appear to be losing patience with Big Tech's prodigious artificial intelligence investments this week after Meta Platforms signaled deeper spending and a long road to profitability. The concession from Meta in its quarterly report late on Wednesday cast a cloud over Microsoft and Alphabet, which will both report quarterly earnings on Thursday. Meta's stock sank 15% in extended trade after it forecast higher AI spending next year, while Microsoft was down 2%, Alphabet fell 3% and Nvidia dropped 1.4% in reaction.
Investing in stocks is one of the best financial decisions you could make. And the earlier you start, the more gains you’ll likely enjoy. I randomly looked at 5 popular... The post How to Buy Stocks in Singapore in 5 Easy Steps (2024) + Tips appeared first on MoneySmart Blog.
Property values in London's Canary Wharf financial district fell by 1.2 billion pounds ($1.50 billion) over the past year, led by a decline in the value of its office buildings, the landlord said in annual results published on Thursday. Canary Wharf Group - which is joint owned by investors Brookfield and the Qatar Investment Authority - said in its 2023 earnings that its overall property portfolio declined in value to 6.8 billion pounds from 8 billion. Office buildings accounted for most of the decline, tumbling in value by more than 900 million pounds, the company said, adding that the "fair values" were determined by independent external valuers.
The Federal Open Market Committee meeting on May 1, 2024, represents another opportunity for the U.S. Federal Reserve to lower interest rates. However, that move doesn't seem likely, according to...
STMicroelectronics NV (NYSE: STM) reported a first-quarter revenue decline of 18.4% year-on-year to $3.47 billion, missing the consensus of $3.62 billion. EPS of $0.54 missed the consensus of $0.59. Sales to OEMs decreased by 11.5% Y/Y, and Distribution sales fell by 30.8% Y/Y. Analog products, MEMS, and Sensors (AM&S) segment revenue declined 13.1% Y/Y to $1.22 billion, mainly due to a decrease in MEMS and Imaging. Power and Discrete products (P&D) segment revenue decreased 9.8% Y/Y to $820 mil
Relentlessly rising auto insurance rates are squeezing car owners and stoking inflation. Auto insurance rates rose 2.6% in March and are up 22% from a year ago. Premium costs have been marching steadily higher since 2022, even as inflation at the consumer level steadily cooled from its 9.1% peak in the middle of that year.
Interpublic's (IPG) first-quarter 2024 total revenues decrease year over year.
Investors face mixed signals from Wall Street — as well as a historical calendar that suggests some chop might be around the corner.
Q3 2024 Seagate Technology Holdings PLC Earnings Call
A price floor means ex-president gets bonus even though Trump Media & Technology Group’s stock value has plummeted
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