Apple Earnings: Guidance Will Be Key
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Here's why investors should watch this important metric when the tech giant reports earnings next week.
"Are you kidding me?!" Vergara's former co-star Sarah Hyland reacted to the racy shot.
This super investor is going against the herd. Maybe you should, too.
These passive income powerhouses will bring in between $101 million and $904 million annually for Berkshire Hathaway.
U.S. inflation in April plunged to an annualized rate of 4.1% — less than half of where it stood in the prior month. If you focus on the monthly rate of change, as shown in the chart below, then it becomes readily apparent how much inflation dropped from March to April. The CPI’s 12-month rate of change is inflated by big jumps in June and October of 2021 and March of this year.
Last week, the S&P 500 finished Friday’s session with a rally that gave the index a small gain of 0.15% for the day. It was a good thing, too, since the index flirted with a net-20% loss during the session. That’s bear market territory, the kind of market move that will further spook investors after a springtime of headwinds. Inflation is running at 40-year high levels, Q1 showed a net economic contraction, Russia’s war on Ukraine promises to further damage supplies and prices in the food, cooki
Cleveland-Cliffs said the Cuyahoga River is the only way for the facility to receive its iron ore shipments.
(Bloomberg) -- Social media stocks are on course to shed more than $100 billion in market value after Snap Inc.’s profit warning, adding to woes for the sector which is already reeling amid stalling user growth and rate-hike fears.Shares in digital ad-dependent Snap are set for a record one-day drop, down 32% in premarket trading. If that move holds, the company will lose about $10 billion in market value. Added to the value of premarket declines for peers including Facebook-owner Meta Platforms
"Snap disaster likely pushes Musk one step closer to the door or lower deal price in eyes of Street," said Wedbush analyst Dan Ives.
Here's what to watch in the markets on Tuesday, May 24, 2022.
The Kroll Bond Rating Agency recently raised its loss expectations on the recent Upstart asset-backed securitization.
To put it tactfully, cruise ship operator stocks haven't been very popular with investors over the past few years. The prognosticator lowered his price targets for both Carnival and Norwegian Monday morning before market open. In his opinion, Carnival is now worth $18 per share; previously, Didora's level was $22.
Some economists see a recession on the horizon, but investors need to put that information in context.
HLS Therapeutics Inc. ("HLS" or the "Company") (TSX: HLS), a pharmaceutical company focusing on central nervous system and cardiovascular markets, announces that it has successfully entered into a Product Listing Agreement ("PLA") with the Quebec Minister of Health and Social Services, for the listing and public reimbursement of Vascepa (icosapent ethyl) on the Public Prescription Drug Insurance Plan of the Régime de l'Assurance Maladie du Québec ("RAMQ"), effective May 26, 2022.
Shares of oil tanker stock Nordic American Tankers (NYSE: NAT) fell as much as 21.3% in trading today after the company gave the market an update on operations. In a press release before the market opened, Nordic American Tankers' management said that they will announce first-quarter 2022 results before the market opens on May 31, 2022. Shares of Nordic American Tankers are up about 70% from their lows before Russia invaded Ukraine, which was a big driver of recent demand.
Mizuho Managing Director Siti Panigrahi checks out Zoom's Q1 earnings, sustaining subscriber growth, and the communications technology company's business outlook.
Early in the trading day on Monday, shares of Roku (NASDAQ: ROKU) turned sharply lower, declining as much as 6.7%. The catalyst that sent the streaming pioneer tumbling was a report that a big player was entering the streaming device and connected-TV space. Microsoft (NASDAQ: MSFT) is working to expand is Xbox Cloud game-streaming platform.
Tesla is down despite some progress on restoring the company's Shanghai plant to full production.
The dreaded S&P 500 bear is nearly here. But don't think you need to hibernate to make money in a rough market.
Instead, several countries are now experiencing a monkeypox outbreak. Four stocks soared last week as a result of the recent headlines about the latest monkeypox outbreak. One of them, Jynneos/Imvamune/Imvanex, has been approved in the U.S. and Canada for immunizing against smallpox and monkeypox.
Oil and gas producers have shifted their business models to prioritize profitability. The new philosophy has helped their stocks and financial results.