Category Archive: Finance, No picture
What Wall Street Is Saying About Meta Ahead Of Earnings
Image Source: Pixabay Meta Platforms (META), the parent company of Facebook, Instagram, WhatsApp, Oculus, Threads, and other brands, is scheduled to report first quarter 2024 results after market close on Wednesday, April 24 with a conference call scheduled for 5 pm ET. Here’s what to watch for: EXPECTATIONS: Last quarter, Meta Platforms reported earnings of $5.33 per share […]
GBP/USD Price Analysis: Poised To Resume Downtrend, Despite ‘Morning Star’ Formation
Image Source: Unsplash GBP/USD dips slightly as higher US Treasury yields bolster the US Dollar, following upbeat US data. Technical analysis shows GBP/USD at a pivotal point, with the potential to rise toward 1.2500 if it breaks past the April 23 high of 1.2458. Key downside risks include a retreat to 1.2400 and possibly further to […]
Is Enphase Stock Worth Buying On Post-Earning Dip?
Image Source: Unsplash Enphase reported disappointing earnings for its fiscal Q1 last night. Guggenheim analyst warns the solar stock could tank further from here. Enphase stock is down about 20% versus its year-to-date high at writing. Enphase Energy Inc (ENPH) has lost about 20% in just over two months but a Guggenheim analyst warns it has […]
Assessing The Limit Of Tesla’s Rally
Image Source: UnsplashI am highly confident this is the extent of the Tesla (TSLA) rally. I truly wish the company a great future, but I believe it will be years, perhaps many years, before it works its way through all that overhead supply.More By This Author:That’s Prolly About ItLet This Be Your Last BattlefieldTesla Price Sequel
Tesla Rebounds On Musk Promises With No Details, It Won’t Stick
Image Source: PexelsElon Musk delivered a terrible quarter and tries to appease Tesla (TSLA) investors with more hype. Tesla chat courtesy of StockCharts.Com, annotations by MishSpotlight Elon MuskThe Wall Street Journal comments Elon Musk Needs Cheaper Teslas to Pay for Everything Else He Wants Tesla on Tuesday announced something totally unexpected from a company run by Elon Musk: […]
Humana Stock Drops Over 5% As Firm Pulls Guidance
Image Source: UnsplashHealth insurance giant Humana Inc. (HUM) saw its stock price plummet by more than 5% on Wednesday after the company withdrew its financial guidance for the year 2025. The decision to pull the guidance was attributed to uncertainties surrounding federal rate adjustments for Humana’s core Medicare Advantage business, which plays a crucial role in the company’s […]
Microchip Technology’s Aviation Push And AI Deal Propel Shares Higher
Microchip Technology stock rallies on new electric aircraft power solution and AI acquisition.Microchip Technology Inc. (MCHP) is seeing its stock rally in pre-market trading Wednesday, up 3.49% at $89.20, following the announcement of a new integrated actuation power solution for electric aircraft and following the recent acquisition of Neuronix AI Labs. The company closed Tuesday at $86.19, up 3.18%. Microchip […]
Strike launches in Europe to offer Bitcoin services
Strike, a Bitcoin-centric payments app, has announced its expansion into the European market, capitalizing on the cryptocurrency’s resurgence and aiming to provide a streamlined experience for users.Founder and CEO Jack Mallers views Europe as Strike’s second-biggest market after the United States. The company’s expansion comes amid Bitcoin’s recent price surge, which has seen the alpha […]
AT&T Inc. Reports $30 Billion In Revenue And $0.55 EPS For Q1 2024
AT&T has reported its first-quarter results for 2024, showcasing a robust performance powered by its 5G and fiber growth initiatives.AT&T Inc. (T) has reported its first-quarter results for 2024, showcasing a robust performance powered by its 5G and fiber growth initiatives. The telecommunications giant announced revenues of $30.0 billion and an adjusted EPS of $0.55, exceeding […]
Injective unveils largest tokenomics upgrade with INJ 3.0 release
Injective has activated the INJ 3.0 update, designed to inject long-term value and support the growth of the Injective ecosystem. The latest version’s key focus is a substantial reduction in the supply of Injective’s native token, INJ, which the team said is the largest tokenomics upgrade. INJ 3.0 is officially live on mainnet, allowing $INJ […]
