Lowes (LOW) reported second-quarter earnings in Tuesday morning’s trading session. So far, the news has sent shares more than 4% higher as the company may be suffering from a setback in sales but remains optimistic and upheld its full-year outlook. Revenue for the fiscal second quarter came in at $24.96 billion, which was just [...]
Written by: Angela Akers The market began the New Year with a bang. In the first two trading weeks, the Dow added 3.5%, the S&P500 rose 4.2%, the Nasdaq climbed 5.9% and the Price of the VectorVest Composite (VVC) increased 5.6% through January 13, 2023. However, the mood soured a bit this week as [...]
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 [...]
In the latest edition of Twitter vs Elon Musk, the tech billionaire is backing out of the deal. Why? Bots. Elon Musk claims that the company didn’t grant him transparency into just how many bots are running rampant on the social media platform. While he has yet to provide a source, he estimates that as [...]
Delta Airlines reported its quarterly earnings yesterday and came in way under expectations. While the adjusted earnings of $735 million is Delta’s highest profit yet in the pandemic era, it is still more than a quarter million short of the expected earnings of $1.1 billion analysts were expecting. There are a few reasons Delta [...]
