September 4, 2024
“…Why has UPS stock plunged roughly 45%? The short answer is that the company’s revenue and earnings have declined. That’s all investors need to bail out on a stock. Several factors contributed to UPS’ declining financial fortunes, though…” https://finance.yahoo.com/news/once-decade-opportunity-buy-magnificent-095000113.html
August 6, 2024
“…Here’s how Apple did versus LSEG consensus estimates for the quarter ended June 29: Apple expects similar overall revenue growth in the current quarter, company finance chief Luca Maestri said on a call with analysts…” https://www.cnbc.com/2024/08/01/apple-aapl-earnings-report-q3-2024.html
August 6, 2024
“…Disney has been struggling recently, which has included several Disney titles that were deemed box office flops in 2023—including Pixar’s Elemental—declining linear TV viewership and an uneven transition into a streaming future. The entertainment behemoth has been hemorrhaging money through its Disney+ streaming… Continue Reading…
May 1, 2024
“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…
April 23, 2024
“You can’t spell Internal Revenue Service without AI, and its commissioner, Danny Werfel, offered a vision this week for how the tax collecting agency intends to use artificial intelligence in the not-too-distant future. Werfel, in remarks made April 17 at UiPath… Continue Reading…
April 19, 2024
“A dozen Republican-led states plan to send a letter to Bank of America demanding an explanation for why it allegedly de-banked Christian and other conservative groups…” https://www.dailymail.co.uk/news/article-13310697/republican-states-bank-america-trump-christian-loan-blocking-discrimination.html No need to long quotes everyone gets the point. It’s obvious Bank of… Continue Reading…
April 3, 2024
“…Looming talks of platform bundles come as major streamers push ad-supported plans, limit password sharing and lean into live sports coverage. The goal of exponential subscriber growth, fueled by pandemic lockdowns, has shifted. Wall Street wants profits…. Last year many… Continue Reading…
February 5, 2024
https://www.wsj.com/business/earnings/ups-to-cut-12-000-jobs-as-delivery-business-slows-d832f1d2?siteid=yhoof2 The article is behind a paywall so I’ll just speak about the title. It seems like UPS isn’t doing to well. The order to return to offices is because of commercial real estate offices they rented. It’s a waste… Continue Reading…
January 12, 2023
“President Joe Biden had included increased funding for the IRS in the Inflation Reduction Act to help the agency catch sneaky tax evaders — especially those high-earners who love to find loopholes. Advocates believe the increased funding could raise as… Continue Reading…
December 5, 2022
“If you’re expecting a tax refund in 2023, it may be smaller than this year’s payment, according to the IRS. Typically, you get a federal refund when you’ve overpaid yearly taxes or withheld more than the amount you owe. Your annual… Continue Reading…
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