RECENT ARTICLES
Apple's Q2 Earnings Beat Wall Street Forecast, Company Announces Huge Buyback
Apple Inc (NASDAQ: ) rose more than 7% in after-hours trading following the release of its Q2 earnings report. For the quarter ended Mar. 30, the company announced of $1.53 per share on revenue of $90.8 billion. Analysts polled by Investing.com had anticipated EPS of $1.5 on revenue of $90.32B. In greater China, a key market for the iPhone maker, sales fell 8% to $16.37B, amid rising competition from smartphone rivals in the country. But that was less bad than feared as analysts had forecast revenue in China falling to $15.25B. iPhone revenue, which makes up about half of total revenue,...…Apple Inc (NASDAQ: ) rose more than 7% in after-hours trading following the release of its Q2 earnings report. For the quarter ended Mar. 30, the company announced of $1.53 per share on revenue of $90.8 billion. Analysts polled by Investing.com had anticipated EPS of $1.5 on revenue of $90.32B. In greater China, a key market for the iPhone maker, sales fell 8% to $16.37B, amid rising competition from smartphone rivals in the country. But that was less bad than feared as analysts had forecast revenue in China falling to $15.25B. iPhone revenue, which makes up about half of total revenue,...WW…
Cannabis Stocks Rise as DOJ Moves to Reclassify Marijuana as a Less Dangerous Drug
Cannabis stocks surged on Tuesday after the U.S. Department of Justice (DOJ) moved to reclassify marijuana as a less dangerous drug. U.S.-listed pot stocks Tilray (TSX: TLRY) (NASDAQ: ), Canopy Growth (TSX: WEED) (NASDAQ: ) and Cronos Group (TSX: CRON) (NASDAQ: ) rose between 14.9% and 67.7%, while AdvisorShares Pure U.S. Cannabis ETF (NYSEArca: MSOS) soared 24.8%. Canadian-listed U.S. multi-state operators (MSOs) Trulieve (CSE: TRUL) (OTCQX: TCNNF) and Green Thumb Industries (CSE: GTII) (OTCQX: GTBIF) were also up 26.6% and 37.3%, respectively. Cannabis firms are taxed under section 280E...…Cannabis stocks surged on Tuesday after the U.S. Department of Justice (DOJ) moved to reclassify marijuana as a less dangerous drug. U.S.-listed pot stocks Tilray (TSX: TLRY) (NASDAQ: ), Canopy Growth (TSX: WEED) (NASDAQ: ) and Cronos Group (TSX: CRON) (NASDAQ: ) rose between 14.9% and 67.7%, while AdvisorShares Pure U.S. Cannabis ETF (NYSEArca: MSOS) soared 24.8%. Canadian-listed U.S. multi-state operators (MSOs) Trulieve (CSE: TRUL) (OTCQX: TCNNF) and Green Thumb Industries (CSE: GTII) (OTCQX: GTBIF) were also up 26.6% and 37.3%, respectively. Cannabis firms are taxed under section 280E...WW…
AMD Q3 results top estimates, but revenue guidance falls short By Investing.com
AuthorYasin EbrahimStock Markets3 AMD+2.41%Add to WatchlistAdd PositionPosition added successfully to: + Add another positionCloseInvesting.com – Advanced Micro Devices reported Tuesday better-than-expected third-quarter results, but the chipmaker also delivered softer current-quarter guidance as slowing sales in its gaming sector and softer demand in embedded markets are expected to weigh. Advanced Micro Devices (NASDAQ:) shares fell more than 4% in after-hours trade following the report.AMD adjusted EPS $0.70 on revenue of $5.80 billion. Analysts polled by...…AuthorYasin EbrahimStock Markets3 AMD+2.41%Add to WatchlistAdd PositionPosition added successfully to: + Add another positionCloseInvesting.com – Advanced Micro Devices reported Tuesday better-than-expected third-quarter results, but the chipmaker also delivered softer current-quarter guidance as slowing sales in its gaming sector and softer demand in embedded markets are expected to weigh. Advanced Micro Devices (NASDAQ:) shares fell more than 4% in after-hours trade following the report.AMD adjusted EPS $0.70 on revenue of $5.80 billion. Analysts polled by...WW…
Oil down 2nd day in row, poised for huge October loss By Investing.com
AuthorBarani KrishnanCommodities8 LCO+0.30%Add to WatchlistAdd PositionPosition added successfully to: + Add another positionCloseCL+0.21%Add to WatchlistAdd PositionPosition added successfully to: + Add another positionCloseInvesting.com - Crude prices fell hard for a second day in a row and looked poised to end October with double-digit losses as oil bulls who rushed to hedge against the Israel-Hamas war discovered to their disappointment that the rest of the market wasn’t prepared to assign a war risk premium to a trade simply unaffected by the...…AuthorBarani KrishnanCommodities8 LCO+0.30%Add to WatchlistAdd PositionPosition added successfully to: + Add another positionCloseCL+0.21%Add to WatchlistAdd PositionPosition added successfully to: + Add another positionCloseInvesting.com - Crude prices fell hard for a second day in a row and looked poised to end October with double-digit losses as oil bulls who rushed to hedge against the Israel-Hamas war discovered to their disappointment that the rest of the market wasn’t prepared to assign a war risk premium to a trade simply unaffected by the...WW…
Wall St closes higher on eve of Fed decision; investors assess earnings By Reuters
Economy19 NDX+0.52%Add to WatchlistAdd PositionPosition added successfully to: + Add another positionCloseUS500+0.65%Add to WatchlistAdd PositionPosition added successfully to: + Add another positionCloseDJI+0.38%Add to WatchlistAdd PositionPosition added successfully to: + Add another positionCloseCAT-6.65%Add to WatchlistAdd PositionPosition added successfully to: + Add another positionCloseAMGN-2.85%Add to WatchlistAdd PositionPosition added successfully to: + Add another positionCloseNVDA-0.93%Add to WatchlistAdd PositionPosition added successfully...…Economy19 NDX+0.52%Add to WatchlistAdd PositionPosition added successfully to: + Add another positionCloseUS500+0.65%Add to WatchlistAdd PositionPosition added successfully to: + Add another positionCloseDJI+0.38%Add to WatchlistAdd PositionPosition added successfully to: + Add another positionCloseCAT-6.65%Add to WatchlistAdd PositionPosition added successfully to: + Add another positionCloseAMGN-2.85%Add to WatchlistAdd PositionPosition added successfully to: + Add another positionCloseNVDA-0.93%Add to WatchlistAdd PositionPosition added successfully...WW…
1 Stock to Buy, 1 Stock to Sell This Week: McDonald’s, AMD | Investing.com
By Investing.comStock Marketswww.investing.com/analysis/1-stock-to-buy-1-stock-to-sell-this-week-mcdonalds-amd-2006431251 Stock to Buy, 1 Stock to Sell This Week: McDonald’s, AMDBy Investing.com | Oct 29, 2023 07:43AM ET6 MCD+0.78%Add to WatchlistAdd PositionPosition added successfully to: + Add another positionCloseAMD+2.41%Add to WatchlistAdd PositionPosition added successfully to: + Add another positionCloseStocks on Wall Street closed mostly lower on Friday to cap off another losing week as investors digested the latest round of corporate earnings...…By Investing.comStock Marketswww.investing.com/analysis/1-stock-to-buy-1-stock-to-sell-this-week-mcdonalds-amd-2006431251 Stock to Buy, 1 Stock to Sell This Week: McDonald’s, AMDBy Investing.com | Oct 29, 2023 07:43AM ET6 MCD+0.78%Add to WatchlistAdd PositionPosition added successfully to: + Add another positionCloseAMD+2.41%Add to WatchlistAdd PositionPosition added successfully to: + Add another positionCloseStocks on Wall Street closed mostly lower on Friday to cap off another losing week as investors digested the latest round of corporate earnings...WW…
S&P 500 Sets Sights on 4200 as Volatility Eases: What to Expect Next | Investing.com
By Michael KramerStock Marketswww.investing.com/analysis/sp-500-sets-sights-on-4200-amid-easing-volatility-what-to-expect-next-200643172S&P 500 Sets Sights on 4200 as Volatility Eases: What to Expect NextBy Michael Kramer | Oct 31, 2023 03:27AM ET4 US500+0.65%Add to WatchlistAdd PositionPosition added successfully to: + Add another positionCloseDX+0.59%Add to WatchlistAdd PositionPosition added successfully to: + Add another positionCloseTSLA+1.76%Add to WatchlistAdd PositionPosition added successfully to: + Add another...…By Michael KramerStock Marketswww.investing.com/analysis/sp-500-sets-sights-on-4200-amid-easing-volatility-what-to-expect-next-200643172S&P 500 Sets Sights on 4200 as Volatility Eases: What to Expect NextBy Michael Kramer | Oct 31, 2023 03:27AM ET4 US500+0.65%Add to WatchlistAdd PositionPosition added successfully to: + Add another positionCloseDX+0.59%Add to WatchlistAdd PositionPosition added successfully to: + Add another positionCloseTSLA+1.76%Add to WatchlistAdd PositionPosition added successfully to: + Add another...WW…
U.S. adds 150,000 jobs in October, less than expected By Investing.com
AuthorScott KanowskyEconomic Indicators19 SCHW+2.89%Add to WatchlistAdd PositionPosition added successfully to: + Add another positionCloseUS10Y...-2.91%Add to WatchlistAdd PositionPosition added successfully to: + Add another positionCloseInvesting.com -- U.S. job growth slowed sharply in October, possibly boosting expectations that the Federal Reserve may hold off on any further interest rate hikes this year.The closely-watched from the Labor Department's Bureau of Labor Statistics (BLS) showed that employers in the world's largest economy added 150,000 jobs during the...…AuthorScott KanowskyEconomic Indicators19 SCHW+2.89%Add to WatchlistAdd PositionPosition added successfully to: + Add another positionCloseUS10Y...-2.91%Add to WatchlistAdd PositionPosition added successfully to: + Add another positionCloseInvesting.com -- U.S. job growth slowed sharply in October, possibly boosting expectations that the Federal Reserve may hold off on any further interest rate hikes this year.The closely-watched from the Labor Department's Bureau of Labor Statistics (BLS) showed that employers in the world's largest economy added 150,000 jobs during the...WW…
Apple falls as soft holiday quarter outlook outweighs earnings beat; brokerages lower numbers By Investing.com
AuthorYasin EbrahimEditorHari GStock Markets21 AAPL-1.42%Add to WatchlistAdd PositionPosition added successfully to: + Add another positionCloseInvesting.com - Apple Inc. (NASDAQ:) reported fiscal fourth quarter results that topped Wall Street estimates as better-than-expected services revenue boosted results.While Apple was down modestly in after-hours trading on Thursday, losses accelerated after Apple's CFO Luca Maestri issued a soft sales outlook for the holiday quarter on the earnings call.Apple stock was down 3.3% at 05:45 EDT (09:45 GMT).The company earnings per share of...…AuthorYasin EbrahimEditorHari GStock Markets21 AAPL-1.42%Add to WatchlistAdd PositionPosition added successfully to: + Add another positionCloseInvesting.com - Apple Inc. (NASDAQ:) reported fiscal fourth quarter results that topped Wall Street estimates as better-than-expected services revenue boosted results.While Apple was down modestly in after-hours trading on Thursday, losses accelerated after Apple's CFO Luca Maestri issued a soft sales outlook for the holiday quarter on the earnings call.Apple stock was down 3.3% at 05:45 EDT (09:45 GMT).The company earnings per share of...WW…
BofA Issues New Price Target on Reddit Stock Following $750 Million IPO
Reddit (NYSE: RDDT) went public in a much-anticipated initial public offering (IPO) on March 21, 2024. The social media company priced its shares at $34 per share, the top of its expected range. This valued Reddit at roughly $6.5 billion, though it fell short of its $10 billion valuation in 2021. Despite this, the IPO was seen as a success, with Reddit raising around $750 million and its stock price surging on its debut day. This strong performance was seen as a positive sign for the industry. Over the last month, Reddit shares have risen just over 5%. They are currently trading at above...…Reddit (NYSE: RDDT) went public in a much-anticipated initial public offering (IPO) on March 21, 2024. The social media company priced its shares at $34 per share, the top of its expected range. This valued Reddit at roughly $6.5 billion, though it fell short of its $10 billion valuation in 2021. Despite this, the IPO was seen as a success, with Reddit raising around $750 million and its stock price surging on its debut day. This strong performance was seen as a positive sign for the industry. Over the last month, Reddit shares have risen just over 5%. They are currently trading at above...WW…