The host of Mad Money, Jim Cramer, has apologized to investors for being wrong about Facebook parent Meta Platforms after its stock plunged to a record low. “I made a mistake here. I was wrong,” he sa...
Tag: Stock
Amazon stock sinks after holiday forecast and cloud growth, profit disappoint; $150 billion in market cap at risk
Amazon.com Inc. predicted Thursday that holiday sales and profit would come in well lower than analysts expected as cloud growth slowed and Amazon Web Services profit missed expectations by nearly $1 ...
Warren Buffett’s Favorite Oil Stock Breaks Out, Enters Buy Zone
This week’s Big Cap 20 stock is Occidental Petroleum (OXY), Warren Buffett’s favorite oil stock. It achieved that honor because it’s in a buy zone after crossing the 72.14 buy point ...
Intel Stock Gains as Guidance Disappoints. Layoffs Are Coming.
Intel plans significant cost cuts , including a “meaningful number” of layoffs, its CFO said as the chip maker detailed its financial results and forecast revenue that was much lower than Wall Street ...
Amazon stock ‘overreacted’ to the Q3 report: buy the dip?
Amazon.com Inc (NASDAQ: AMZN), on Thursday, said its profit from the closely followed “cloud” business came in about a billion-dollar shy of estimates in the fiscal third quarter. Shares are down abou...
VRTX Stock Reverses Higher On Third-Quarter Beat After Regular-Session Tumble
Vertex Pharmaceuticals (VRTX) beat third-quarter expectations Thursday, helping VRTX stock shrug off some of the malaise that plagued it during the regular session. X In after-hours trading on today&#...
Amazon earnings miss expectations, stock tanks 20%
Amazon (AMZN) shares tanked nearly 20% in after-hours trading on Thursday after it reported misses on revenue and sales for its Amazon Web Services cloud business, along with disappointing fourth-quar...
Amazon Stock Dives As Holiday Sales Outlook Clouds Q3 Profit Beat
Updated at 4:21 am EST Amazon Inc (AMZN) posted better-than-expected third quarter earnings Thursday, but forecast disappointing holiday sales despite adding an extra Prime shopping day event, sendi...
GILD Stock: With A Breakout On The Line, Gilead Reports Massive Cancer Drug Sales
Gilead Sciences (GILD) crushed third-quarter expectations Thursday as sales of its cancer drugs nearly doubled. The results prodded GILD stock higher. X The bullish report follows recent approvals for...
ServiceNow stock has upside to $549: MoffettNathanson
ServiceNow Inc (NYSE: NOW) is already up nearly 15% this morning on better-than-expected quarterly earnings. But a MoffettNathanson analyst says it’s only a preview of what’s in store moving forward. ...
TWTR Stock Up As Deal With Musk To Close
Twitter (TWTR) shares will be delisted from trading on the New York Stock Exchange on Friday as its deal with Elon Musk is set to be finalized, according to a notice from the exchange. TWTR stock rose...
SHOP Stock: Shopify Earnings Beat, Revenue Growth Reaccelerates
Shares of e-commerce firm Shopify (SHOP) soared Thursday after the company reported a smaller-than-expected loss for the September quarter and revenue that topped analyst estimates. SHOP stock was up ...
Core Scientific Stock Price Plummets 70% as It Considers Bankruptcy
Core Scientific’s existing cash resources will be depleted by the end of 2022 or sooner, according to a company filing Research analysts expect the miner’s creditors could agree to restructure the deb...
The Best Dividend Stock To Buy Right Now
best buy phrase made from metallic letterpress type on wooden tray with dollar sign getty The Bank of England has recently aroused financial animal spirits with its on and off and on again buying of l...
Credit Suisse stock lost another 20% this morning: detailed here
Credit Suisse Group AG (SWX: CSGN) lost another 20% on Thursday after reporting a massive loss for its fiscal third quarter and announcing a significant strategic overhaul. Details of the announced ov...
This Stock Has A 6.39% Yield And Sells For Less Than Book
M.D.C. Holdings has been named as a Top 10 dividend stock, according the most recent Dividend Channel ”DividendRank” report. The report noted that among the coverage universe, MDC shares d...
Unitedhealth Stock Price Records Remarkable Rally, Will All-time High Breakout Occur?
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Will 100% Growth Year-on-Year Help Disney Stock Price Regain All-time High in Next 365 Days?
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Spotify stock sinks another 13% post-earnings as investors digest declining margins
Spotify (SPOT) stock continued to sink on Wednesday following the company’s disappointing third-quarter earnings results. Shares were down 13% as of the market close, with analysts from JPMorgan...
Exxon Mobil Stock: Will Energy Giants Exxon, Chevron Follow OPEC’s Lead?
Coming off record profits in the second-quarter, Exxon Mobil (XOM) and Chevron (CVX) are expected to again see Q3 earnings skyrocket when they report later this week. Capital spending guidance from th...
Why and when to buy WWE stock as it attempts a breakout
If you are looking for that Alpha stock in the market right now, World Wrestling Entertainment Inc. (NYSE:WWE) fits. The stock carries both defensive and momentum features that should attract investor...
This Cathie Wood stock just jumped 10%
Teladoc Health Inc (NYSE: TDOC) is up more than 10% in extended trading after reporting better-than-expected results for its fiscal third quarter. Teladoc Health Q3 financial highlights Lost $73.5 mil...
Intel stock rises on earnings beat, plans for layoffs, billions in cost cuts planned
Intel Corp. shares rose after hours Thursday after the chip maker topped Wall Street earnings estimates for the quarter and PC-chip sales came in slightly higher than expected, while the company trimm...