Tag Archives: Stock

[unable to retrieve full-text content]Apple stock gets nailed as CEO Tim Cook spooks investors with one phrase  Yahoo Finance Source link

Last year’s stock market volatility rattled Americans so much that almost 2 in 3 prefer to have their money sit in cash on the sidelines rather than endure market swings. That is the latest finding from Allianz Life, which asked this question for the first time in a recent survey of 1,005 adults over 18 in December. And data released in January by the Department of Commerce shows that Americans are again starting to sock away more cash. The savings rate for December was 3.4% — the highest… Source link

In this market, the last thing investors have been rewarding this earnings season is a bottom-line miss vs. expectations of any magnitude. Except if you are Meta (META). Shares of the social media giant exploded nearly 20% in pre-market trading on Thursday following a whopper of an earnings shortfall. The company had the most visited ticker page on Yahoo Finance. Here is how Meta performed compared to Wall Street estimates — at first blush it was far from rosy and deserving of a major push… Source link

Brent Thill, Jefferies Equity Research Analyst, analyzes Meta’s stock pop after earnings. You can see the full interview here. Key video highlights 00:25 On how Instagram has improved 00:40 On better ad targeting 00:55 On other social platforms 01:30 On the stock move Video Transcript BRENT THILL: Look, anyone that was on Instagram and that had been giving them the accurate data of who you are and what you like is only seen incredible, incredible targeting, which is what I want. I don’t want to tell… Source link

Yahoo Finance’s Seana Smith reports on how Meta stock is trading after hours following the Facebook parent company’s Q4 earnings results. Video Transcript SEANA SMITH: All right, Dan, sorry to cut you off here. We just want to jump in with Meta earnings because they are out. So let’s get to the numbers here. Taking a look at the stock reaction, look at that, up just about 12% here. Revenue coming in stronger than expected, 32.17 billion. The estimate on the Street was for 31.65 billion…. Source link

Meta (META) reported its Q4 2022 earnings today after the bell, and the Facebook parent beat key revenue expectations and growing losses on its metaverse operation. It also announced a $40 billion stock buyback plan. Here’s what the key numbers looked like, as compared to analysts’ estimates compiled by Bloomberg. Q4 Revenue – $32.17 billion actual versus $31.65 billion expected Advertising Revenue – $31.25 billion actual versus $30.86 billion expected Adjusted Earnings Per Share (EPS) –… Source link

Investors have had a slew of downbeat headlines to kick off 2023. Eye-popping layoff news from tech stalwarts Amazon, Microsoft, Salesforce and 3M. Chip giant Intel reported another tough outlook amid a major slowdown in PC demand. Ford and Tesla slashing prices on EVs as the economy has cooled. Signs that inflation continues to slow — but not at such a rapid pace as to suggest rate cuts from the Federal Reserve later this year. Earnings are meh. And yet stocks are off to a surprisingly… Source link

U.S. stock futures moved lower ahead of the open Monday as investors await a blockbuster week that includes the latest Fed meeting, a flurry of heavyweight earnings reports, and jobs data. Futures tied to the S&P 500 (^GSPC) down 1%, while futures on the Dow Jones Industrial Average (^DJI) lost 0.7%. Contracts on the technology-heavy Nasdaq Composite (^IXIC) declined by roughly 1.3% The yield on the benchmark 10-year U.S. Treasury note ticked up to 3.557% on Monday morning. The dollar index… Source link

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U.S. stocks moved lower at the open Friday as investors weigh in on fresh data that shows consumer spending rose at a slower pace in December, a closely watched measure by the Federal Reserve. The S&P 500 (^GSPC) edged down 0.2%, the Dow Jones Industrial Average (^DJI) was flat. The technology-heavy Nasdaq Composite (^IXIC) declined by roughly 0.2%. The yield on the benchmark 10-year U.S. Treasury note ticked up to 3.52% from 3.497% on Thursday. The dollar index added 0.28% to $102.12. WTI… Source link