Tag Archives: Stock

Americans prefer to cling to cash after shaken by stock market volatility

Americans prefer to cling to cash after shaken by stock market volatility

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

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2 reasons Meta stock is exploding 20% after a whopper earnings miss

2 reasons Meta stock is exploding 20% after a whopper earnings miss

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

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Meta stock soars after hours, analyst warns of ‘magnitude’ of move

Meta stock soars after hours, analyst warns of ‘magnitude’ of move

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

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