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 [...]
American Express Sees Profits Soar and its Stock Follow Suit: 3 Reasons to Buy AXP Today
Shares of American Express Co. (AXP) are up nearly 5% in Friday’s trading session after the company delivered first-quarter earnings that came in well above the analyst consensus. New card acquisitions were way up for the quarter - more specifically, high-spending, high-credit quality customers that are as valuable as it gets for the company. Amex also saw an uptick [...]
Is it Time to Sell Equifax After the Latest Earnings Miss? 3 Things Investors Need to Consider
Equifax (EFX) reported its first-quarter earnings results yesterday after the market closed, and the stock has started tumbling as a result. It’s down more than 5% so far Thursday. The credit-scoring company brought in revenue of $1.389 billion while Wall Street was expecting at least $1.4 billion. Profits narrowly came in above expectations with an adjusted EPS of $1.50 [...]
Fed Chair Powell Confirms Delayed Rate Cuts
The market came under pressure this week following Fed Chair Jerome Powell’s comments about inflation that were less than enthusiastic. While speaking at a policy forum focused on US-Canada economic relations, Powell articulated that the first quarter’s sticky inflation data means market-rate cuts will happen later than initially hoped. The Fed’s benchmark interest rate is the highest it’s been [...]
United Airlines Soars on Strong Earnings: Should You Look Past Boeing Concerns and Buy UAL?
Shares of United Airlines (UAL) are cruising higher after a solid first-quarter performance in which the airliner had to overcome a myriad of adversities. The stock is up 13% so far today after delivering a better-than-expected top and bottom line. Revenue of $12.54 billion represented a nearly 10% growth year over year and narrowly outpaced the $12.43 billion analysts [...]
