Category Archive: Finance, No picture
Stocks Pause After Dow Briefly Touches Historic 40,000
Image Source: UnsplashThe Dow Jones Industrial Average surged above the historic 40,000 mark in late morning and early afternoon trading. Euphoria was high as bulls celebrated Dow 40,000. This week’s gains across broad equity indexes were primarily driven by a cooler April CPI print and dismal retail data on Wednesday, along with cooling Philly Fed data, surprisingly weak […]
When Was The Best Time To Start Investing?
Image Source: PexelsHello, fellow Invest Divas and Invest Divos! Today, we’re diving into a question that many beginner investors ask: “When was the best time to start investing?”Though seemingly simple, the answer carries profound implications for your financial future. We’ll explore why starting early can be beneficial, how to start if needed, and some crucial statistics […]
The Hottest Stocks To Buy In 2024
Image Source: Pexels Every week, host and Zacks stock strategist, Tracey Ryniec, will be joined by guests to discuss the hottest investing topics in stocks, bonds, and ETFs and how it impacts your life.This week she has gone solo to discuss the great rotation of 2024. While this bull rally began in October 2023, it picked […]
An Industrial Revolution And A Run On Banks: Two Sectors In Play Right Now
Image Source: Pexels All three major indexes closed at all-time highs… but the way I see it, today’s breakout is a little questionable. I’ll show you why in a second.But the fact is, the S&P 500 is moving higher; some sectors are getting weaker, others are getting stronger. The next session or two will really tell […]
Williams-Sonoma To Post Q1 Earnings: What’s In Store?
Image Source: Unsplash Williams-Sonoma, Inc. (WSM – Free Report) is scheduled to release first-quarter fiscal 2024 results on May 22, before market open.In the last reported quarter, the company’s earnings beat the Zacks Consensus Estimate by 7.5% but decreased 1.1% year over year. Revenues of this multi-channel specialty retailer of premium-quality home products beat the consensus mark by 3% but declined […]
Take-Two Flourishes On Steady Demand For Mobile Gaming
Image Source: Pexels Take-Two (Nasdaq: TTWO) revealed its Q4 2024 financial performance on 16 May. The firm’s revenue stood at $1.349 billion, surpassing consensus estimate of $1.32 billion and down 3% YoY.Meanwhile, earnings per share missed the -0.98 estimate at -17.02, whereas sales came at $1.399 billion versus the forecasted $1.299 billion. Mobile gaming propels Take-Two Besides […]
Applied Materials Beats Q2 Estimates But Guidance Disappoints
Image Source: Unsplash Applied Materials Inc (Nasdaq: AMAT) is slipping in extended trading even though it reported market-beating financial results for its second quarter. Applied Materials stock down on muted guidance The stock is taking a hit because the guidance failed to impress. AMAT forecasts about $6.65 billion in revenue on up to $2.19 a share […]
Platinum Enters Its Second Year Of “Substantial” Deficit
Image Source: Unsplash Platinum is entering its second year of substantial deficit, according to the Platinum Quarterly report from the World Platinum Investment Council (WPIC).Report authors labeled the Q1 deficit of 369k oz “significant” and predicted that the deficit will continue to deepen throughout the rest of the year, hitting 476k oz in total. “High inflation, interest rates remaining higher for longer, and political uncertainty will […]
Streaming Cannot Save Disney, For Now
Image source: Unsplash The Walt Disney Company (DIS) shares fell almost 10% on May 7 after the company reported second-quarter earnings for Fiscal 2024. The company topped Wall Street projections for earnings per share and also guided for 25% growth in EPS for the current fiscal year, compared to previous expectations for 20% growth in EPS. […]
Bitcoin ETFs attract 937 professional firms in Q1: K33 Research
Spot Bitcoin exchange-traded funds (ETFs) appeared in 937 professional firms’ 13F filings in the US, shared Vetle Lunde, senior analyst at K33 Research. In stark contrast, gold ETFs only saw investments from 95 professional firms in the same period, according to data from Bitwise. Retail investors continue to hold the majority of the float, but […]
