Despite the Dropbox Earnings Beat, There are 2 Reasons it’s Not Quite Time to Buy DBX Yet
Dropbox (DBX) delivered a solid first-quarter performance with results surpassing the consensus on the top and bottom lines. However, one analyst who boasts a 100% success rate trading DBX actually lowered his price target on the stock - and we found 2 reasons ourselves to hold off on this opportunity for the time being. The company brought in total [...]
The Best High-Dividend Stocks to Invest in for 2024
Dividend stocks offer a two-pronged approach to investing. Regular dividend payouts provide supplemental income, while stock growth can lead to long-term capital gains. Not all dividend stocks are equal, though. You’re not willing to settle for a modest 1% yield. You want to find the best high-dividend stocks, and we’re here to help. We’ll share the top 10 high-yield dividend [...]
Robinhood Stock Rises on Record Revenue in Q1 Thanks to New Assets, But is it Time to Buy HOOD?
Robinhood Markets (HOOD) reported its fiscal first quarter results Wednesday that featured a record-breaking revenue performance field by newly acquired assets as the company sought to diversify its offerings for customers. Shares jumped around 7% prior to the market opening but have since settled at around even on the day. They’re still up more than 5% on the week [...]
Uber’s Weak Q2 Guidance Sends Shares Retreating 8%: Why it May Be Time to Sell UBER
Uber (UBER) reported first-quarter earnings alongside second-quarter guidance Wednesday that sent shares down 8%. To make matters worse, the company’s primary competitor, Lyft, delivered an earnings beat yesterday with optimistic guidance for the quarter ahead. The first quarter saw a solid increase in revenue to $10.13 billion, a 15% gain year over year. This was just slightly ahead of [...]
What Are Dividend Stocks?
Whether you’re just getting started building a stock portfolio from scratch or are looking to diversify your portfolio with safer stocks that deliver steady returns, you need to consider dividend-paying stocks as part of your stock investment strategy. Wait, what are dividend stocks? More importantly, why are dividend stocks worth it? These stocks return a portion of their profits to [...]
Disney Delivers Solid Earnings as Streaming Nears Profitability, But DIS Dives 10%: 3 Key Takeaways
The Walt Disney Company (DIS) unveiled its second-quarter earnings this morning that came in above the analyst consensus fueled by the streaming segment - however, concerns surrounding the company’s traditional business model have sent shares 10% lower so far. Revenue for the quarter came in at $22.08 billion, just shy of the $22.11 the LSEG consensus called for. Adjusted [...]
