Intel Corporation (INTC) released its earnings report for Q1 of 2024 with several key highlights: – Revenue amounted to $12.72 billion, slightly below the estimated […]
Category: Stocks in News
Roku Delivers Strong Q1’24 Earnings: Revenue Surges, User Base Grows, and Strategic Initiatives Thrive
Roku Q1’24 Earnings Highlights: Earnings Performance: Roku surpassed expectations with a narrower GAAP EPS loss of $(0.35) compared to an estimated $(0.62), while revenue soared […]
Alphabet’s Strong Q1’24 Performance: Earnings Highlights and Strategic Insights
Alphabet Q1’24 Earnings Highlights: Earnings Per Share (EPS): – Reported EPS: $1.89 (Estimated: $1.53); Increased +24% YoY Total Revenue: – Reported Revenue: $80.54B (Estimated: $79.04B); […]
Tesla’s Q1 2024 Earnings Report: Mixed Results with Revenue Beat but Missed EPS and Free Cash Flow Concerns
Tesla’s earnings for Q1 2024 show an EPS of $0.45, slightly below the estimated $0.51. Revenue stood at $21.30 billion, Vs estimated $20.94 billion. GAAP […]
US Economy Slows More Than Forecasted in Q1 2024: A Comprehensive Overview
In the first quarter, the United States’ GDP growth rate was 1.6%, below the anticipated 2.5% and lower than the previous quarter’s 3.4%. In the […]
Market Reacts: $META Stock Drops 13% Pre-Market as Analysts Slash Target Prices
In pre-market, $META down by 13%. Several financial institutions have adjusted their target prices for $META: Truist Securities has decreased its target price from $550 […]
Tesla Analyst Updates: Ratings, Revisions, and Price Targets Revealed
Tesla analyst revisions and ratings: Bank of America (BofA) upgraded Tesla from Neutral to Buy, with a price target (PT) of $220. Morgan Stanley reiterated […]
Singapore’s Gross Refining Margins Plummet: Implications for Oil Marketing Companies
The Gross Refining Margins (GRMs) for Singapore hit a notable low of $2.85 per barrel as of April 24, marking the lowest level observed since […]
Apple’s Market Share Declines in China Amidst Intense Smartphone Competition
In the first quarter of 2024, Apple experienced a decline in its market share in China, with its shipments dropping by 6.6%. Revenue from iPhone […]
Mark Zuckerberg’s Strategic Stock Divestment: A Comprehensive Analysis of $106M in Meta Platforms, Inc. Shares Sold in February and March 2024
Mark Zuckerberg, the Chair & CEO, sold over $300 million in $META shares in the past week, bringing his total sales to over $1.5 billion […]
Meta’s Revenue Outlook Miss Sends Stock Plummeting 19% in After-Hours Trading
Meta, led by Mark Zuckerberg, experienced a sharp decline of up to 15% in after-hours trading following a Q2 revenue guidance miss. The company anticipates […]
NVIDIA Corporation to Acquire Run:AI, Pledges Continued Support and Investment
NVIDIA Corporation is set to acquire Run:AI, a provider of GPU orchestration software. Following the acquisition, NVIDIA intends to maintain Run:AI’s current business model for […]