Author: pluginever

Apple reported fiscal third-quarter earnings on Thursday that beat Wall Street expectations, with overall revenue rising 5%. Here’s how Apple did versus LSEG consensus estimates for the quarter ended June 29: EPS: $1.40 vs. $1.35 estimated Revenue: $85.78 billion vs. $84.53 billion estimated iPhone revenue: $39.30 billion vs. $38.81 billion estimated Mac revenue: $7.01 billion…

Hey y'all! I've been building a position in affirm for a couple months now buying on dips and averaging up/down whenever I can. I have a position of 550 shares now and am planning on holding for 5-10 years. I'm not sure if I will buy any more at this time, since I have about…

Let's say our criteria is that it is a competitor that stands to benefit from the antitrust probe and it is a decent company in it's own right. AMD just had a good earnings call and should benefit from the probe (if it is successful). What other companies could benefit? Is Intel a possible contender?…

Intel shares slid 10% in extended trading on Thursday after the chipmaker said Thursday it would lay off over 15% of its employees as part of a $10 billion cost reduction plan and reported lighter results than analysts had envisioned. Intel also said it would not pay its dividend in the fourth quarter of 2024.…

I hear they're not having a very fun time over there. Any stocks you've seen people strongly recommend to “hold forever” in the past week that olympic dived into the ground? Bonus points if they already had no promising future.

From CNN: Japanese stocks plunged Friday as global markets were rattled by worries about the US economy and as traders braced for further interest rate hikes from the Bank of Japan. The Nikkei 225 ended 5.8% lower, the index’s biggest daily drop since March 2020. It extended a global stock rout that began following the…

Latest monthly jobs report: Non-farm payrolls: +114,000 vs. the expected +175,000 Unemployment rate: 4.3% vs. the expected 4.1% June's gain was revised lower to 179,000 from 206,000, and May's gain was revised lower to 216,000 from 218,000. Fed wants lower job openings, an increased unemployment rate, and slower wage growth. All three in a controlled…

Aug 1 (Reuters) – The U.S. Department of Justice has launched an investigation into Nvidia (NVDA.O) after complaints from competitors that it may have abused its market dominance in selling chips that power artificial intelligence, The Information reported on Thursday. Shares of the company fell around 3.6% in premarket trading on Friday. DOJ investigators are…

Warren Buffett is not done selling Bank of America. Berkshire Hathaway shed a total of 19.2 million BofA shares on Tuesday, Wednesday, and Thursday for almost $779 million at an average selling price of $40.52 per share, according to a new regulatory filing. The conglomerate has now been offloading the bank stock for 12 consecutive…

Intel shares plunged the most in 50 years on Friday, reaching a price not seen since 2013, after the chipmaker reported a big earnings miss and announced a massive restructuring. The stock plummeted 27% to $21.22 as of late morning trading. It would be the second worst day ever for the shares, behind only a…