30 04, 2024

Tesla Finally Gains Approval for Full Self-Driving in China, But Is This Enough to Earn the Stock a Buy?

By |2024-04-30T17:08:23+00:00April 30th, 2024|Categories: Feature: Stock Market Investing, Featured: News, Stock Market News|Tags: , , , , , , , , |

Tesla (TSLA) was climbing higher yesterday after its best week in a while as Elon Musk shared a pleasant surprise update with investors.  He visited China to meet with Li Qiang and gained approval to move forward with its Full Self-Driving (FSD) software for the country’s electric vehicles. Musk also gained the go-ahead to [...]

29 04, 2024

Royal Philips Pops Nearly 30% on Better Than Expected Settlement & Earnings: Time to Buy PHG?

By |2024-04-29T16:52:44+00:00April 29th, 2024|Categories: Feature: Stock Market Investing, Featured: News, Stock Market News|Tags: , , , , , , , , |

Over the past few years, Royal Philips (PHG) has been battered and bruised amidst concerns surrounding its devices being recalled and the implications of a settlement.  The uncertainty has led to the stock getting cut nearly in half since 2021 when these issues were first noted. Its breathing devices and ventilators were created with [...]

24 04, 2024

UPS Shares Fall on Weak Revenue Despite Strong Profits: 3 Things UPS Investors Need to See

By |2024-04-24T17:39:14+00:00April 24th, 2024|Categories: Feature: Stock Market Investing, Featured: News, Stock Market News|Tags: , , , , , , |

The United Parcel Service Inc. (UPS) delivered its first quarter earnings yesterday in which the top line fell short of expectations despite beating the bottom line consensus. The stock had been rallying leading into the news but has fallen around 3% so far today. Revenue fell to $21.71 billion, representing a 5.3% drop year [...]

23 04, 2024

General Motors Cruises Past Domestic Sales Dip With Strong Profits in Q1: Time to Buy GM Stock?

By |2024-04-23T16:50:54+00:00April 23rd, 2024|Categories: Feature: Stock Market Investing, Featured: News, Stock Market News|Tags: , , , , , , |

General Motors (GM) reported first-quarter earnings that featured a massive uptick in profitability despite sales challenges here in the US. Shares are up 4% so far today on the news. The company grew revenue by 7.6% to $43 billion for the quarter, which matched the last quarter’s performance and beat the analyst estimate of [...]

22 04, 2024

Intel Stock is Down 30% This Year: Why it May Be Time to Cut Losses on INTC

By |2024-04-22T18:00:53+00:00April 22nd, 2024|Categories: Feature: Stock Market Investing, Featured: News, Stock Market News|Tags: , , , , , , , |

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 [...]

19 04, 2024

American Express Sees Profits Soar and its Stock Follow Suit: 3 Reasons to Buy AXP Today

By |2024-04-19T16:26:22+00:00April 19th, 2024|Categories: Feature: Stock Market Investing, Featured: News, Stock Market News|Tags: , , , , , , , , , , |

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. [...]

18 04, 2024

Is it Time to Sell Equifax After the Latest Earnings Miss? 3 Things Investors Need to Consider

By |2024-04-18T16:34:36+00:00April 18th, 2024|Categories: Feature: Stock Market Investing, Featured: News, Stock Market News|Tags: , , , , , , , |

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 [...]

17 04, 2024

Fed Chair Powell Confirms Delayed Rate Cuts

By |2024-04-17T18:12:10+00:00April 17th, 2024|Categories: Feature: Stock Market Investing, Featured: News, Stock Market News|Tags: , , , , , , |

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 [...]

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