Category Archive: Finance, No picture
The Energy Report: Aid
Oil prices are still weak but trying to bottom as the market is still waiting to see how the war In Israel and the time frame for when they move on Hamas in the Gaza Strip. Aid workers are begging for more fuel to move food and medicine, but Israel is resisting because it is […]
What Wall Street Experts Are Saying About Meta Ahead Of Earnings
Image Source: Unsplash Meta Platforms (META), the parent company of Facebook, Instagram, WhatsApp, Oculus, Threads and other brands, is scheduled to report third quarter results after market close on Wednesday, October 25 with a conference call scheduled for 5 pm ET. Here’s what to watch for: EXPECTATIONS: Last quarter, Meta Platforms reported earnings of $2.98 per share on […]
Netflix Inc. Chart Analysis
Image Source: Unsplash Bob Lang gives a technical analysis of the stock chart for NFLX.Video Length: 00:01:53More By This Author:Do Not Ignore The Federal Reserve’s Warnings Market Blast – Monday, Oct. 23 Daily Bites For Thursday, Oct. 19
You Need To Be Buying REITs Right Now
Image Source: Unsplash The real estate investment trust (REIT) sector has suffered for almost two years in a bear market that started at the end of 2021. REIT share prices should soon bottom, and it’s a great time to invest in the sector.You want to find the best-run companies with the strongest potential for strong dividend […]
S&P 500 Earnings Dashboard 23Q3 – Wednesday, Oct. 25
Image Source: Unsplash S&P 500 Aggregate Estimates and Revisions The 23Q3 Y/Y blended earnings growth estimate is 2.6%. If the energy sector is excluded, the growth rate for the index is 7.4%. Of the 146 companies in the S&P 500 that have reported earnings to date for 23Q3, 80.1% reported above analyst expectations. This compares to a long-term average of 66%. The 23Q3 Y/Y blended revenue growth estimate is 1.2%. If the […]
Boeing Posts Another Earnings Miss But Stock Up 22% In 12 Months
Image Source: Unsplash Boeing (NYSE: BA) published yet another disappointing quarterly report on Wednesday, revealing a wider-than-anticipated loss in the period. This is the company’s 15th earnings miss out of the past 20 quarters, but the stock remains up more than 22% over the past 12 months. Boeing’s Defense Business Posts $924 Billion Loss Boeing’s shares fell 2.3% […]
IRS Collects $160 Million From Wealthy Taxpayers Amid ‘Increased Compliance Efforts’
Photo by Scott Graham on UnsplashThe IRS has collected roughly $160 million from wealthy taxpayers YTD – or approximately 2 days worth of Ukraine aid, as part of the agency’s ‘increased compliance efforts’ that some worry could eventually target small-business owners.This figure combines some $38 million collected by the IRS earlier this year, and $122 million the agency on […]
Microsoft Begins Monetizing AI
Photo by Sunder Muthukumaran on UnsplashYesterday, Microsoft (MSFT) announced its first quarter results that surpassed market expectations. The market was impressed, and the stock gained 4% in the after hours trading session. Microsoft’s FinancialsMicrosoft’s revenues grew 13% to $56.52 billion, significantly ahead of the market’s forecast of $54.5 billion. Adjusted income grew 27% to $2.99 per […]
4 Hour Chart Elliott Wave Technical Analysis EURUSD: Wednesday, October 25
EURUSD Elliott Wave Analysis Trading Lounge 4 Hour Chart, 25 October 23Euro/U.S.Dollar(EURUSD) 4 Hour ChartEURUSD Elliott Wave Technical AnalysisFunction: Counter TrendMode: impulsive Structure:5 of APosition: wave 2Direction Next lower Degrees: black wave 5 of A startedDetails: black wave 4 completed at 1.06943 .Now wave 5 of A is in play . Wave Cancel invalid level: 1.07636The […]
Boeing’s Q3 Earnings Miss Estimates, Revenues Rise Y/Y
Image Source: Unsplash The Boeing Company (BA – Free Report) incurred an adjusted loss of $3.26 per share in third-quarter 2023, wider than the Zacks Consensus Estimate of a loss of $3.21. The bottom line, however, improved from the year-ago quarter’s reported loss of $6.18 per share.Including one-time items, the company reported a GAAP loss of $2.70 per share, […]
