Back in April of 2020, the world's second-largest automaker - General Motors - made the decision to cut its dividend payouts. This decision came at the height of the COVID-19 pandemic when companies were hit the hardest. In February of 2020, the company paid out a dividend of 38 cents. And on September 15, [...]
The second quarter wasn’t kind to many companies, especially retail stores like Target. As inflation continued to heat up, the company saw its profits drop an astounding 90%. While competitors like Walmart are suffering the effects of inflation-weary customers as well, the extent to which Target has been affected is far more significant due [...]
Nvidia chose to release 2nd quarter earnings a few weeks early - and the results were less than investors had hoped for. While the company is known for being reliable and safe, it fell short of expectations - coming in at just $6.7 billion in revenue. This is a 17% discrepancy from the $8.1 [...]
It’s official - Disney+ has surpassed Netflix in subscribers. Now, take this with a grain of salt - as Disney+ includes ESPN+ and Hulu, two other streaming services the entertainment company owns. Nevertheless, the milestone is an important one - as Disney is poised to take a stronger grip on the streaming space than [...]
With interest rates soaring, investors are looking for safe stocks to invest in. Back in 1981, Warren Buffett’s advice for times like these is to look for companies that: Can increase their prices quickly and easily to keep up with inflation/interest rates Can take on new/more business without having to invest heavily By keeping [...]
As the desktop CPU market plunges, one stock situated within the industry continues to thrive - and that’s AMD. Despite record-low desktop CPU shipments, AMD (Advanced Microdevices) managed to report gains in the last quarter. What makes this particularly interesting is that AMD’s competitors - Intel, Nvidia, and more - are struggling. Yet, through [...]
The used car market - and the auto industry as a whole - has been rapidly growing over the past year and a half. The market peaked in February, and while prices are still higher now than in previous years, we’re seeing the median price of pre-owned cars finally start to trend back to [...]
It’s been a tough week for Google as far as the news goes. Headlines about lawsuits and software crashes, and even a riff with another tech-giant Apple for texting standards are all making noise. As you can imagine, this news has investors scrambling - but, our system still rates Google a buy. There are [...]
Tesla shareholders voted overwhelmingly to approve a 3-for-1 stock split - at a ratio of 815 million for and just a measly 9 million against. Stock splits are typically done in an effort to make a company’s stock more accessible to new investors. We usually view a stock split as a positive signal of [...]
When Apple rolled out iOS 14.5 in the interest of “protecting users’ privacy”, many were able to see through the charade and knew the tech company was preparing to take advertising into its own hands. And, these suspicions have all but been confirmed with the latest news that Apple is hiring a senior manager [...]
