Written by: Angela Akers The Federal Reserve delivered a 50-basis point rate cut this week, which was unexpected until a few days ago. Fed Chair Powell was clear that the Fed is “committed to maintaining” economic strength. The heftier-than-anticipated cut came in the wake of a revision to the jobs data and concern over [...]
FedEx (FDX) shared fiscal first-quarter results yesterday after the market closed, but it was the lowered guidance that really sent ripples through the market. The stock is down 14% so far Friday. Here’s how the company performed in Q1: Earnings: $3.60 per share compared to the consensus of $4.75 per share. Revenue: $21.6 billion [...]
Boeing (BA) shareholders have seen their investments shrink in value over the past year, as the stock has plummeted nearly 50% since December of 2023. From safety concerns to lawsuits and strikes, the company can’t seem to catch a break - but much of it appears to be self-inflicted as a result of cutting [...]
Shares of Oracle (ORCL) have climbed more than 57% through 2024 thus far, and they’re up more than 20% in the past month alone. The stock has been on a tear, but investors think it still has plenty of room to go. The recent 5-day rally showed 22% growth, making it the stock’s best [...]
NVIDIA’s dominance in the AI revolution is undeniable. With its cutting-edge technology and record-breaking growth, many investors are eager to hold on for the long haul. But even the best stocks require a thoughtful strategy to maximize long-term gains and avoid costly missteps. In this second part of our series, we’ll explore how to [...]
Tupperware Brands (TUP) lost almost all of its value overnight after the company announced it would be filing for bankruptcy. The stock sat at $1.19 per share but has plummeted 57% to just $0.5 per share this morning. Exchanges like Robinhood have halted trading on the stock since. It’s been a tumultuous stretch for [...]
Monday: The trading week started on a positive note with all major indices—Dow, S&P 500, and the Nasdaq—climbing by 1.2% amid positive sentiments and anticipation of key economic data releases scheduled for the week. Tuesday: Mixed results characterized the day as concerns about the upcoming Consumer Price Index (CPI) overshadowed gains in the technology [...]
Shares of Intel Corporation (INTC) are up nearly 4% through Monday morning so far after news broke of the company’s $3.5 billion grant awarded under the “Secure Enclave” program by the US Department of Defense. These funds will be used to produce advanced semiconductors which will then be used for our country’s strategic defense [...]
Written by: Angela Akers The financial world and talking heads were all a buzz this week about what the economy would look like under Harris versus Trump following Tuesday’s debate and what companies would be a good investment in that regard. Also discussed, the upcoming Federal Reserve meeting where the Fed is widely expected [...]
Adobe Inc. (ADBE) reported third-quarter earnings yesterday after the market closed, and while earnings and revenue both came in above the analyst consensus, the focus remained on lackluster guidance for the current quarter. Here’s how the company performed in Q3: Adjusted earnings per share: $4.65 compared to the $4.53 consensus. Revenue: $5.41 billion compared [...]
