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Business

“Verizon Earnings Top Views, Wireless Service Revenue Beats On Price Hikes”

“Verizon Communications (VZ) on Monday reported first-quarter earnings that fell from a year earlier but topped Wall Street estimates. Verizon stock initially rose, then reversed down although wireless service revenue came in above expectations. Reported before the market open, Verizon earnings… Continue Reading…

Stocks

“Super Micro Stock Plunges 23% On Lack Of Preliminary Results. It’s A Big Sell Signal.”

“Super Micro stock fell hard after the data-center computer specialist didn’t announce preliminary results for its fiscal Q3…” https://finance.yahoo.com/m/df275135-5e40-3040-8132-e1e68a1e7019/super-micro-stock-plunges-23-.html the market is assuming results will be bad. with such a sharp decline it might be a good idea to watch… Continue Reading…

Business

“Netflix blows past earnings estimates as subscribers jump 16%”

“LOS ANGELES — Netflix will no longer provide quarterly membership numbers or average revenue per user starting next year, the company said Thursday as it reported earnings that beat on the top and bottom lines. Total memberships rose 16% in the first quarter, reaching 269.6… Continue Reading…

Business

“Procter & Gamble sales disappoint as price hikes slow down”

“Procter & Gamble on Friday reported mixed quarterly results as it struggles to bring back shoppers after two years of hiking prices across its portfolio, from Tide detergent to Charmin toilet paper… Despite its disappointing sales, the consumer giant raised its… Continue Reading…

Business

“Warner Bros. Discovery Lost Money Last Year. Its CEO Got a $50 Million Payday.”

“Warner Bros. Discovery shares have slumped since the media and entertainment company was created two years ago, but that hasn’t dented its chief executive’s pay.  Last year, CEO David Zaslav received pay valued at $49.7 million, a 27% increase from 2022, the… Continue Reading…

Economy, Predictions, Opinions, & Comments

“Are Stocks Going to Crash if Joe Biden Wins and Democrats Control Congress? Here’s What History Says About Stock Market Returns When Democrats Win.”

https://finance.yahoo.com/news/stocks-going-crash-joe-biden-090600124.html This article is garbage so I’ll just comment on the headline. This is my opinion on whats going to happen. The market is going to crash either way but outcomes will be different depending on who’s President. Under Biden… Continue Reading…

Economy

“29% of households… ‘one emergency from poverty,’ one expert says”

“Over time, higher costs [Inflation] and sluggish wage growth have left more Americans financially vulnerable, with many known as “ALICEs.” Nearly 40 million families, or 29% of the population, fall in the category of ALICE — Asset Limited, Income Constrained, Employed — according to United… Continue Reading…

Real Estate

“[Florida] Property prices boomed here during Covid – they are now being slashed as soaring numbers of homes sit unsold”

“Its warm weather, low taxes and relatively affordable housing market attracted a surge of Americans to Florida during the Covid-19 pandemic, pushing up home values in the state. But as prices stagnate and supply soars in some areas, it seems that Florida’s housing bubble… Continue Reading…

Economy

“Taxes, Tariffs and Debt: Investors Start to Fear the Presidential Election”

“Financial adviser Matthew Wilson recently got a frantic email: A client wanted to dump their stockholdings as soon as possible.  The reason? Stocks had staged a big run-up in recent months, and the client was worried that the market was about to get rocky… Continue Reading…

Business

“Tesla jumps 15% after passing key hurdle to roll out advanced driver-assistance tech in China”

“Shares of Tesla rose sharply on Monday, their best day since March 2021, after the electric carmaker passed a significant milestone to roll out its advanced driver-assistance technology in China. The company’s share price closed up 15% as investors reacted to news surrounding… Continue Reading…