Tag Archives: earnings

Stocks were mixed Tuesday morning, with investors awaiting more corporate earnings results from major companies and a Federal Reserve monetary policy decision on Wednesday.  The S&P 500 ticked up, extending gains after the blue-chip index rose to an all-time high during Monday’s regular trading day. The Dow slipped, while the Nasdaq gained. Shares of Tesla (TSLA) fell after the company’s first-quarter sales results missed estimates, though earnings and automobile gross margins exceeded… Source link

TipRanks 3 “Strong Buy” Stocks Under $10 That Are Poised to Take Off COVID is receding, and markets are rising; those are the two trends that investors have most on their minds right now. It’s entirely sensible that they’ll go together. As the economy reopens, money will begin to circulate faster – and find its way in the equity market. With economic conditions improving, investors are on the lookout for the best returns in an expansionary environment. One natural place for them to… Source link

Google logo is displayed on a mobile phone screen photographed for illustration photo during the … [+] coronavirus pandemic. Gliwice, Poland on April 21, 2021. (Photo by Beata Zawrzel/NurPhoto via Getty Images) NurPhoto via Getty Images Alphabet (Google) (NASDAQ: GOOG) is scheduled to report its fiscal Q1 2021 results on Tuesday, April 27. We expect GOOG to beat the consensus estimates for revenues and earnings. The company has reported better than expected revenues and… Source link

(Bloomberg) — Die-hard Tesla Inc. investors might be forgiven for wondering why the thrill of owning the iconic carmaker’s stock has seemingly disappeared. After all, since catapulting over 700% last year, the shares have barely eked out a 3.4% advance in 2021. Meme stocks like GameStop have pushed Tesla out of the limelight, while Bitcoin has attracted almost all the buzz. But the electric-vehicle juggernaut’s first-quarter results on Monday might be just the thing to change all… Source link

When Google parent Alphabet Inc. reports first-quarter earnings on Tuesday, the bottom-line should be stout with advertising sales. The same can’t be said for its prospects on the regulatory front. Alphabet GOOGL, +2.10% GOOG, +2.09% is expected to show revenue growth of roughly 25% from last year, when the COVID-19 pandemic caused some companies to immediately cut off their advertising budgets to preserve cash. The company’s sales… Source link

TipRanks Goldman Sachs: These 2 Stocks Are Poised to Double (or More) The new week kicked off on a negative note, as all 3 major indexes pulled back from record highs. After applauding recent strong economic data, the worsening global coronavirus situation appeared to have soured investor sentiment. But according to Goldman Sachs chief US equity strategist David Kostin, investors shouldn’t get too worked up. The overall trend remains upward, and Kostin points out that volatility – the… Source link

TipRanks 2 “Strong Buy” Momentum Stocks That Could Reach New Highs It’s natural to want to buy into a rising stock, so much so that following upward trends as a market strategy has a name: momentum investing. It’s the art of following the upward trends. Momentum investing has its advocates and detractors, as do all investing styles. While past performance does not guarantee future returns, it’s still a a useful indicator that investors should pay attention to. With this in mind, we… Source link

The Nasdaq has popped roughly 8% since March 30 to outpace the S&P 500’s run to start the second quarter, as the tech-heavy index inches within touching distance of its records, just over a month after it fell into a correction. The fall from its mid-February highs coincided with a wave of bond selling and had some on Wall Street worried technology stocks were due for a huge downturn. How quickly things change. The Nasdaq has recovered roughly all of its losses, which were perhaps more… Source link

Bloomberg As Sanjeev Gupta Rose From Trader to Tycoon, Several Banks Backed Away (Bloomberg) — British industrialist Sanjeev Gupta’s companies seemed to be prospering until his main lender, Greensill Capital, imploded last month. But long before Greensill collapsed, several banks had cut off the commodity trading business of Gupta’s Liberty House Group.Four banks stopped working with Gupta’s commodity trading business, starting in 2016, after they became concerned about what they… Source link

Bloomberg Biden Sanctions Russia, Restricts Buying New Debt After Hacking (Bloomberg) — President Joe Biden ordered fresh sanctions on Russia, including restrictions on buying new sovereign debt, in response to allegations that Moscow was behind a hack on SolarWinds Corp. and interfered with last year’s U.S. election.The new measures sanction 32 entities and individuals, including government and intelligence officials, and six Russian companies that provide support to the Russian… Source link