Undeniably, geopolitical tensions around the world are increasing - with the current trade war between China and the U.S. being a notable example. For instance, President Biden has recently imposed large tariffs on Chinese imports into America. Conversely, in the last seven months alone, China has sold $74 billion of U.S. Treasuries and agency [...]
Xpeng Inc. (XPEV) got a solid lift Tuesday morning after the Chinese EV maker delivered first-quarter results well above expectations despite challenges in the industry itself. Sales came in at $907 million compared to just $573 million this time last year. Wall Street was expecting $859 million. The company did report a loss of [...]
Wall Street darling Nvidia (NVDA) is set to declare its earnings results for the first quarter tomorrow on Tuesday, May 22nd. The stock is up more than 2% so far today and nearly 5% in the past week as shareholders are anxiously anticipating an earnings beat. According to one analyst, the writing is already [...]
Walmart Inc. (WMT) is up more than 6% through this past week after delivering an impressive Q1 earnings performance coupled with an upbeat outlook for the full year. America’s quintessential discount retailer grew revenue by 6% to $161.51 billion, surpassing the FactSet consensus of $159.57 billion. The company saw a 21% uptick in e-commerce [...]
The April inflation report provided a mixed bag of signals for the economy, leaving many investors wondering how these developments might influence their portfolios. With inflation cooling slightly to 3.4% annually but remaining above the Federal Reserve's 2% target, the implications for the stock market are complex. Let's delve into how these inflation trends [...]
Cisco Systems Inc. (CSCO) gave an update for the fiscal third quarter along with the current quarter yesterday after the market closed. Shares had rallied as much as 9%, but the stock has actually begun to dip back in the red Thursday morning, down nearly 2% so far today. Much of this is the [...]
Shares of Boeing (BA) moved more than 2% lower Wednesday amidst concerns that the company could be in more legal trouble. This time, the Department of Justice (DOJ) has said that the company could face prosecution for breaching a contract that was put in place to avoid legal trouble associated with the fatal 2018 [...]
GameStop (GME) is up more than 64% today, picking up where it left off yesterday for a total gain of more than 200% to start the week. All this comes as a result of the members of the subreddit WallStreetBets deciding to send shares surging once more. The stock reached more than 1,200 mentions [...]
Shares of Arm Holdings (ARM) are up just over 6% to start the week on news that the company intends to capitalize on the AI craze and begin producing its own chips as soon as 2025. Arm is a chip designer based in Britain that licenses its designs to other companies rather than manufacturing [...]
Dropbox (DBX) delivered a solid first-quarter performance with results surpassing the consensus on the top and bottom lines. However, one analyst who boasts a 100% success rate trading DBX actually lowered his price target on the stock - and we found 2 reasons ourselves to hold off on this opportunity for the time being. [...]
