Tag: Financial Performance

Joe Rogan’s podcast future is up in the air, and — for a few hours on Monday — so were the stock prices of some MAGA SPACs. Shares in CF Acquisition Corp VI CFVI, +18.17% soared as high as 39.7% in la...

Ford Confirms Production Will Be Rolled Back at Some Plants This Week

Text size Jeff Kowalsky/AFP via Getty Images Ford Motor on Saturday confirmed reports that it would be rolling back production at some of its plants beginning this week, but the news wasn’t weighing o...

Pfizer Reports Earnings Tuesday. What to Expect.

Text size Pfizer is scheduled to report its earnings before the market opens on Tuesday. Jeenah Moon/Getty Images There’s no mystery about what 2022 will bring for Pfizer : Enormous, record-shattering...

Alibaba Stock Is Falling. SoftBank May Be Getting Ready to Sell Its Stake.

Text size Masayoshi Son’s SoftBank Group owns almost 25% of Alibaba. Maybe not for long. Charly Triballeau/AFP/Getty Images Technology investor SoftBank may be getting ready to sell some or all ...

Tech

A Big Tech Trade Is Losing Its Luster

The stock market’s popular FAANG trade is starting to show cracks. Investors say they are reconsidering their approach to trading big technology stocks after a week marked by giant swings in share pri...

Disney, Chipotle, Pfizer, Twitter, Coca-Cola, and Other Stocks for Investors to Watch This Week

Text size Uncredited We’re past the peak of fourth-quarter earnings season, but still with many notable companies left to report. Some 75 S&P 500 components are scheduled for this week. Tyson Food...

Amazon Is Weighing a Bid for Peloton: Report

Text size Amazon is exploring acquiring interactive-exercise firm Peloton, according to a report in The Wall Street Journal. Adam Glanzman/Bloomberg Peloton Interactive stock surged in after-hours tra...

Why Alphabet, Nvidia, and Others Belong in the Dow Jones Industrials

The Dow Jones Industrial Average, launched in 1896, has trailed the S&P 500 index of late. That could change if Alphabet , which said on Tuesday that it would split its stock 20-1 (cutting shares ...

Giant Pension Sold Apple, Intel, and Qualcomm Stock. It Bought Nvidia.

Text size *** ONE-TIME USE *** The Apple logo Nicholas Kamm / AFP via Getty Images One of the world’s largest public pensions by assets made major changes in its investments in large-cap tech stocks a...

These two S&P 500 stocks had their worst weeks ever

PayPal Holdings Inc. and Meta Platforms Inc. are both going through business transitions, prompting many investors to run for the hills. Shares of PayPal PYPL, +1.43% and Facebook-parent Meta FB, -0.2...

Nearly two years into the pandemic, Uber and Lyft still looking for a consistent lane

Nearly two years into the COVID-19 pandemic, the ride-hailing industry is still seeking stability. Uber Technologies Inc. UBER, +7.27% and Lyft Inc. LYFT, +3.63% are scheduled to release fourth-quarte...

Snap Stock Had Its Best Day Ever. It Doesn’t Have All of Facebook’s Problems.

Text size Snap said daily active users grew 20% year over year during the fourth quarter to 319 million. Dreamstime Snap stock rocketed higher Friday after the Snapchat parent reported a surprise prof...

Snap earnings spark stock rally that’s so big, it’s making people nervous

A stock moving more than 50% higher in a single session is normally cause for celebration on Wall Street, but Snap Inc.’s big rally Friday was met with skittishness. Shares of the Snapchat parent comp...

ConocoPhillips, CME Group and Others Boosted Dividends

Energy exploration and production giant ConocoPhillips (ticker: COP) said it will pay an ordinary dividend of 46 cents a share and a second-quarter variable return of cash of 30 cents a share. That’s ...

Boston Beer Fell Flat on a Hard Seltzer Glut. Its Stock Is Now a Buy.

After an initial pop in hard-selzer demand during the pandemic, Boston Beer found itself with an unforeseen oversupply of Truly. Dreamstime Text size Hard seltzer proved to be a bubble that few brewer...

Facebook Tumbled After Earnings. Now, Should You Buy or Sell Meta Stockk?

Challenges are rising for Meta Platforms—and they’re no longer just about Facebook’s legacy business. Justin Sullivan/Getty Images Text size Suddenly, investors are giving Facebook a big thumbs down. ...

Tech

Tech Stocks to Buy After a Crazy Week of Earnings

Amazon stock was up almost 14% on Friday after the company reported solid earnings and said it was raising the price of its Prime membership for the first time since 2018. Alexi Rosenfeld/Getty Images...

Royal Caribbean may finally be confident enough to provide long-term financial guidance

Royal Caribbean Group looks poised to report the first billion-dollar quarter since the pandemic, and may finally be confident enough about the post-pandemic outlook to provide long-term financial tar...

Costco Saw Another Strong Month of Sales. Why the Stock Didn’t Leap.

Text size A shopper in a Costco store Joe Raedle/Getty Images Costco ‘s sales rose nearly 16% in January from a year earlier, but the news failed to lift the stock even as Wall Street analysts offered...

Amazon May Have Saved the Stock Market. But It’s Looking Even Worse for Meta.

After Meta Platforms’ disastrous earnings outlook, the mood was pretty sour. And with investors weighing up the Federal Reserve’s future path for interest rates and the potential impact on valuations,...

This way of picking value stocks has actually worked — and Berkshire Hathaway screens the best

Amazon.com’s earnings surprise is the story of the day, pushing even the jobs report into second billing. More on that in a second. But the broader story of the markets is unchanged. Interest rates ar...

PayPal stock still offers ‘four silver linings’ after ‘epic’ selloff, says analyst

Shares of PayPal Holdings Inc. have been pummeled in recent days after the e-commerce company gave a disappointing forecast and announced a change in its business strategy, but one analyst still sees ...

Unity Software Stock Rises as 2022 Revenue Forecast Tops Estimates

Text size Dreamstime Unity Software stock traded higher Friday after the fourth-quarter adjusted loss at the videogame developer tools maker was narrower than Wall Street expected and the company issu...

Ford Stock Falls After Earnings. What Wall Street Thinks.

Text size Ford’s Maverick in hybrid form, with 37 mpg combined. Ford photo Ford’s fourth-quarter earnings, reported Thursday evening, came in a little light and financial guidance for 2022 didn’...

Rivian Rescued Amazon Earnings—but Not Ford’s. Here’s Why.

Text size Courtesy of Rivian Amazon.com ‘s huge earnings beat was huge, but it wasn’t driven by consumer shopping or its cloud business. It was mostly driven by gains from its holdings of Rivian Autom...

Pinterest posts first full-year profit and reaches more than $2 billion in sales in 2021, sending stock soaring

Pinterest Inc. stock surged in extended trading Thursday after it reported a couple of firsts: a full-year profit and more than $2 billion in annual revenue. Pinterest PINS, -10.32% shares rose 21% af...

AT&T’s Dividend Cut Puts It in an Unenviable Club

A company cutting its dividend after a spinoff is uncommon, but not unprecedented. The longer-term outcomes can vary markedly. AT&T (ticker: T) joined this club on Tuesday, when it said it expects...

Snap shares soar 59% on first profitable quarter

Whipsawed by Meta’s poor results a day earlier, Snap Inc. reported its first quarterly profit as well as top- and bottom-line numbers that beat Street expectations on Thursday. The results turned arou...

Amazon holiday earnings blow away expectations (thanks to Rivian), stock spikes

Amazon.com Inc. executives thought that supply-chain and staffing concerns could wipe away their holiday profit. They were wrong. Amazon AMZN, -7.81% reported fourth-quarter profit of $14.3 billion, o...

Facebook wasn’t Thursday’s only big loser — these 16 other Nasdaq-100 stocks dropped at least 5%

Thursday was brutal for technology stock investors, as the carnage spread far beyond the parent company of Facebook. Below is a list of the worst 20 performers among the Nasdaq-100 on Feb. 3., led by ...

How Rivian Rescued Amazon Earnings–But Not Ford

Text size Courtesy of Rivian Amazon.com ‘s huge earnings beat was mostly driven by gains from its holdings of Rivian Automotive stock. Ford Motor owns Rivian stock too. Like Amazon , it reported bette...

Amazon Stock Soars on Good Enough Earnings. The Price of Prime Is Going Up.