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Stocks

“Meta shares surge 20% on soaring profit, better-than-expected guidance and first-ever dividend”

February 7, 2024

“Meta shares closed up more than 20% on Friday after the company reported a tripling in fourth-quarter profit and issued its first-ever dividend. Revenue rose 25% in the fourth quarter for Meta to $40.1 billion from $32.2 billion a year earlier.… Continue Reading…

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Stocks

“Zoom Is Down 88% From Its All-Time High, Is Cathie Wood Still Right About This Once Unstoppable Stock?”

January 25, 2024

“… Ark holds positions in Zoom through its exchange-traded funds (ETFs), and analysts there believe the stock could soar about 2,100% by 2026. Although Zoom has some interesting applications, I question Ark’s long-term price target. With the stock down 88% from… Continue Reading…

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Business, Economy

“Critical chip firm ASML posts 30% surge in full-year revenue but signals slowdown in 2024”

January 25, 2024

“…ASML reported 27.6 billion euros in revenue for 2023, higher than the 21.2 billion euros of the year before. That was a 30% year-on-year rise. Shares of ASML provisionally ended up 9.7%… The Dutch government, following U.S. pressure, introduced curbs in… Continue Reading…

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Stocks

“1 Surprising Artificial Intelligence (AI) Stock to Buy Before It Grows 2,139%, According to Cathie Wood’s Ark Invest”

January 11, 2024

“…Zoom Video Communications (NASDAQ: ZM) has built out several AI features to help remote workers — everyone from salespeople to software engineers — use their time more effectively. And Ark Invest thinks Zoom’s AI-related products and services could provide a massive boost… Continue Reading…

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Stocks

“Why Carnival Stock Jumped 23% in December”

January 10, 2024

“Shares of Carnival (NYSE: CCL) were moving higher last month as the world’s largest cruise line benefited from expectations that the Federal Reserve would lower interest rates in 2024. The company posted strong results in its fourth-quarter earnings report toward the end of… Continue Reading…

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Economy

“Layoffs soared 98% in 2023 with employers in cost-cutting mode”

January 10, 2024

“…In 2023, companies planned 721,677 job cuts, a 98% jump from 2022, according to a new report from professional outplacement firm Challenger, Gray, and Christmas. The number marks the highest annual total since 2020. The year included several high-profile tech layoffs from… Continue Reading…

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Cryptocurrencies

“These are the boldest bitcoin predictions for 2024 — one calls for a 1,000% rally to $500,000”

January 3, 2024

“Bitcoin had a huge rally in 2023, with the digital currency up some 152% for the year… With fervor returning to the crypto markets, industry executives are calling the start of a new bull run, mainly predicated on two things — the… Continue Reading…

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Business

“MicroStrategy’s bitcoin bet produces over 300% gain for investors in 2023”

January 2, 2024

“…in 2023, the stock has soared 337%, making it one of the biggest gainers in the U.S. among companies valued at $5 billion or more, topping Nvidia’s 234% rally and Meta’s 194% surge. Unlike its tech peers, which rely on revenue growth and market… Continue Reading…

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Stocks

“Up 177% in 2023, Is Palantir Stock a Buy for 2024?”

December 27, 2023

https://finance.yahoo.com/news/177-2023-palantir-stock-buy-200358386.html There’s not much to this article so I just want to say this. Most of the time, when you see companies have incredible spikes in their stock prices, the rally is over once it’s in the news. The vast… Continue Reading…

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Real Estate

“Mortgage rates have dropped below 7%”

December 18, 2023

“Mortgage rates continued to drop last week after hitting a 23-year high in October.  Between Dec. 1 and 7, rates for 30-year fixed-rate mortgages fell from an average of 7.05% to 6.95%, according to mortgage finance agency Freddie Mac. This marks the seventh straight… Continue Reading…

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