Xpeng Gains 8% on Better-Than-Expected Q1 Results, But it May Not Be Time to Buy XPEV Yet
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 10 cents per share, but [...]
Nvidia is Rallying into Q1 Earnings – Should You Buy NVDA Before the Results are Released?
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 on the wall and the [...]
Weekly Market Recap: Indices Rally Despite Rate Concerns
Monday: Mixed Start Wall Street began last week with mixed results as investors exercised caution ahead of key inflation data. The Dow dropped by 0.2%, the S&P 500 dipped slightly by 0.02%, and the Nasdaq managed a 0.3% gain. Tuesday: Optimism on CPI Data Anticipation of the Consumer Price Index (CPI) release boosted the Major Indices. The Dow rose [...]
The Safest Dividend Stocks in the Market for Retirement or Passive Income
Choosing to invest in dividend-paying stocks in general is a relatively safe strategy. But maybe you want the most reliable, safest dividend stocks in the market for retirement or passive income. Look no further. We’ve compiled a list of the top 10 high-dividend, safe stocks: Verizon (VZ) Enterprise Products (EPD) Kinder Morgan (KMI) Sherwin-Williams Company (SHW) Nordson Corporation (NDSN) Enbridge [...]
Walmart Inc. Gains 6% on Q1 Earnings Wins, Upbeat Outlook: 3 Other Reasons to BUY WMT
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 sales for the quarter which [...]
Navigating the Stock Market Amid Persistent Inflation: A Strategic Approach
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 could impact the market and [...]
