Meta Investors Aren’t Thrilled About AI Spending Plans as Shares Fall 12%: Time to Sell META?
Meta (META) announced its plans to invest aggressively in AI Wednesday, hoping to harness the power this technology claims to offer as a means to compete with Google and Microsoft. However, the news sparked investor uncertainty as shares initially tanked 15%. They’ve settled at a loss of around 12% Thursday morning. The announcement came as part of the company’s [...]
UPS Shares Fall on Weak Revenue Despite Strong Profits: 3 Things UPS Investors Need to See
The United Parcel Service Inc. (UPS) delivered its first quarter earnings yesterday in which the top line fell short of expectations despite beating the bottom line consensus. The stock had been rallying leading into the news but has fallen around 3% so far today. Revenue fell to $21.71 billion, representing a 5.3% drop year over year. This came in [...]
General Motors Cruises Past Domestic Sales Dip With Strong Profits in Q1: Time to Buy GM Stock?
General Motors (GM) reported first-quarter earnings that featured a massive uptick in profitability despite sales challenges here in the US. Shares are up 4% so far today on the news. The company grew revenue by 7.6% to $43 billion for the quarter, which matched the last quarter’s performance and beat the analyst estimate of $42.09 billion. Earnings per share [...]
Intel Stock is Down 30% This Year: Why it May Be Time to Cut Losses on INTC
Intel Corporation (INTC) shareholders have been battered and bruised in both the short and long term. The stock is down more than 30% through 2024 thus far. Looking back even further, the stock has tumbled 41% in the past 5 years. So, is it time to sell INTC and move on? We’re here to help you find out. It’s [...]
Last Week’s Market Recap: Geopolitical Concerns and Rising Yields Drive Mixed Performance
Monday: Major Indexes slide on geopolitical worries and climbing treasury yields. Dow -0.7%, S&P500 -1.2%, Nasdaq -1.8%. Investors remain cautious amid tensions in Ukraine and concerns over inflation. Tuesday: Mixed performance as bond yields continue upward. Comments from Fed Chair Powell further fuel uncertainty. Dow +0.2%, S&P500 -0.2%, Nasdaq -0.1%. Investors weigh the possibility of delayed rate cuts against [...]
Best Stock Apps for Android Phones in 2024
Investing is challenging enough as is - but when you’re on the go and away from your home base, it becomes especially difficult. The last thing you want is to miss an opportunity, or worse, watch one of your top-performing positions plummet while you’re not at your desk. This is why you need the best stock analysis app - helping [...]
