Shares of Nvidia (NVDA) have been climbing higher as the company gears up for its highly anticipated earnings report this week. Despite a slight dip in recent weeks, Nvidia’s stock has remained a favorite among investors due to its dominant position in the AI and chip industries. The stock has had its fair share [...]
Affirm Holdings (AFRM) has been generating buzz lately after sharing its fiscal first-quarter earnings, which came in above expectations for several key metrics. However, the stock dipped over 6% in early trading as investors processed the news. In the latest earnings report, Affirm announced impressive revenue of $698 million, representing a significant 41% increase [...]
Tesla Inc. (TSLA) is in the spotlight this Monday morning as the electric vehicle manufacturer is set to share its third-quarter earnings results on Wednesday, October 23. The stock is moving a bit lower today, making it an 11% loss over the past month. Now that we’ve officially seen the Robotaxi rollout, the market [...]
Shares of Netflix inc. (NFLX) are heading into the weekend with a 10% gain after the streaming giant surpassed Wall Street’s expectations in just about every category for the third quarter. Adding more than 5 million new customers fueled both the top and bottom lines, whereas the consensus estimate called for just 4.5 million [...]
Shares of Finnish telecommunications company Nokia Oyj (NOK) have fallen roughly 4% so far Thursday morning after an earnings outlook revision for the full year. The road to recovery hasn’t panned out how executives had hoped. The original operating profit guidance called for somewhere between 2.3 billion and 2.9 billion euros ($2.50 billion - [...]
The Swedish telecommunications company Ericsson (ERIC) is up more than 13% so far Tuesday morning after posting third-quarter earnings that easily surpassed expectations. The company brought in 7.327 billion Swedish crowns, which works out to roughly $0.7 billion. This was well ahead of the 5.75 billion crown analysts were anticipating for earnings. It was [...]
There has been much discussion in the media recently about how the Federal Reserve (the Fed) has successfully managed to direct the U.S. economy to a soft landing. But what does that actually mean and, ultimately, how does that impact investors? Here, we find out. What a soft landing looks like In economic terms, [...]
Shares of Accenture (ACN) are up just under 6% in the past week amidst hype for the company’s AI-powered performance in the fourth quarter. The business management consultant posted adjusted earnings per share of $2.79, which matched the analyst consensus. Revenue of $16.41 billion was a 2.6% improvement year over year and ahead of [...]
Shares of Snowflake Inc. (SNOW) are down roughly 2% Thursday morning, making it a 6% loss over the past month. The latest bit of downward pressure can be attributed to the company’s announcement that it will be raising $2 billion in debt. The plan involves two separate $1 billion Senior Convertible Notes, one of [...]
Last week, the Fed made a 0.5% cut to its rate. Its decision meant that one of the most highly anticipated monetary policy decisions was finally made. In fact, it came many months later than the market had thought; at the end of last year, investors believed a cut would arrive as soon as [...]
