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Intel stock is down 61% YTD, making it the worst performer on both the Dow and the Nasdaq 100. The chipmaker had a subpar Q2 and its outlook for Q3 was below estimates. Can its transformation plan...
Abercrombie & Fitch and Foot Locker stocks were down big on Wednesday. Both stocks beat earnings estimates, but investors may have drawn negative conclusions about their outlooks. The dip...
Paramount Global's stock dropped 7.15% after former Warner Music boss Edgar Bronfman Jr. withdrew his buyout offer Skydance Media is now likely to acquire Paramount Global. Paramount Global's...
AI spending is massive, but is it enough to significantly impact economic growth next year? Vanguard economist said would take a 40% increase in corporate profits in 2025 to justify the market's...
BILL Holdings was one of the top gainers on Monday, as its stock price jumped 6%. The rise comes just days after the stock price plummeted 10%. Is BILL stock a good buy? Bill Holdings (NYSE:BILL),...
Advance Auto Parts' Q2 2024 results and full-year guidance were disappointing, leading to a 17% stock price drop. The company lowered its full-year net sales guidance, earnings guidance, and...
The Dow Jones Industrial Average is generally considered to be the index that best represents the U.S. economy, as its 30 stocks are picked from across the sectors to best reflect the larger...
AI stock Snowflake (NYSE:SNOW) discovered that beating earnings estimates does not always move the needle; in fact, the stock was down about 13% after a second quarter earnings beat. Snowflake...
Target stock soared 11% on Wednesday amid impressive Q2 financial results The firm also raised its guidance for the remainder of FY24 We examine how investors should interpret these...
Chinese EV maker XPeng saw its stock plummet 60% on Tuesday The dive came amid respectable Q2 2024 financial results With this mixed picture, we examine whether XPeng stock is a buy right now XPeng...
The Federal Reserve is expected to cut interest rates in September. If and when the Fed cuts rates, these three stocks should see a boost. Amazon, Affirm, and PayPal would benefit from an increase...
Palo Alto Networks stock jumped 9% on Tuesday after releasing earnings. The cybersecurity leader got a boost from a new strategy it launched earlier this year. Is Palo Alto Networks stock a...
AMD acquired AI infrastructure firm ZT Systems for $4.9 billion. The purchase should help the AI chip maker better compete in the lucrative data center space. This is AMD's second AI-related...
Last week was the best week for stocks in 2024, as all three major stock market indexes posted their best results of the year. It is a bit unusual, as August is typically a sleepy month for the stock...
Berkshire Hathaway filed form 13F with the SEC, detailing Q2 portfolio moves. In addition to selling a big stake in Apple, Buffett made several other changes. The company added new positions in Ulta...
Walmart (NYSE:WMT) stock jumped 7% on Thursday after the nation’s largest retailer reported robust second quarter earnings that were better than anticipated. Revenue surged 5% to $169.3 billion in...
Footwear retailer On Holding enjoyed an exceptional Q2, sending its share price soaring However, the upturn may have compromised the value of the stock from a value investment perspective With this...