Author: pluginever
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Two big online education stocks tank more than 10% as students use ChatGPT
The rapid rise of artificial intelligence appears to be taking a toll on the shares of online education companies Chegg and Coursera. Both stocks sank by more than 10% on Tuesday after issuing disappointing guidance in part because of students using AI tools such as ChatGPT from OpenAI. Chegg, which announced a new CEO, said…
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These are the stocks on my watchlist (5/1)
Hi! I am an ex-prop trader that trades equities. This is a daily watchlist for trading. I might trade all of the stocks on here, or none of them, on any given day. I might trade stocks that don't appear on here! I hold no positions in any stocks long-term but Amazon/Mag7/general broad market indices.…
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Samsung Electronics’ operating profit jumps 933% in first quarter, beats expectations
Samsung Electronics on Tuesday said operating profit for the first quarter jumped 932.8% as memory chip prices rebounded on the back of AI optimism. Here are Samsung’s first-quarter results versus LSEG estimates: Revenue: 71.92 trillion Korean won (about $52.3 billion), vs. 71.04 trillion Korean won Operating profit: 6.61 trillion Korean won, vs. 5.94 trillion Korean…
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Eli Lilly beats on profit, hikes guidance on strong sales of Zepbound, Mounjaro
Eli Lilly on Tuesday reported first-quarter adjusted profit that topped Wall Street’s expectations and hiked its full-year guidance on strong sales of its blockbuster diabetes drug Mounjaro and newly launched weight loss treatment Zepbound. The drugmaker now expects full-year adjusted earnings of $13.50 to $14.00 per share, up from a previous guidance of $12.20 to…
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Hammond Power Solutions undervalued
https://americas.hammondpowersolutions.com/ This Canadian Power / Infrastructure company has had a great year, This company makes transformers and other power related products. Their chart shows a long steady climb upward, and then the market wide sell off in April because of Mid East war concerns, and then consolidation as they went into into earnings which was…
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Bear case for Sofi?
I’ve been looking at Sofi recently, and I gotta tell you – it looks great. The recent ER looked good, although of course there are some concerns for earnings in Q2. Nevertheless, I don’t see why SOFI is doing as poorly (stockmarket-wise) as it currently is. As such, I hoped anyone could give me a…
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How do people start day trading with little amounts and make so much?
Over the weekend, a penny stock I had 100 dollars in went up 20 percent which should be amazing. I sold and got 120 in total. However, this obv isn't that much and 20 percent is a lottt more than what stocks usaully go up. I'm not going to be investing millions in stocks, so…
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Google lays off staff from Flutter, Dart and Python teams weeks before its developer conference
Ahead of Google’s annual I/O developer conference in May, the tech giant has laid off staff across key teams like Flutter, Dart, Python and others, according to reports from affected employees shared on social media. Google confirmed the layoffs to TechCrunch, but not the specific teams, roles or how many people were let go. “As…
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Coca-Cola tops earnings estimates, hikes revenue outlook on higher prices
Coca-Cola on Tuesday reported quarterly earnings and revenue that beat analysts’ expectations. The beverage giant also raised its full-year outlook for organic revenue. Shares of the company rose less than 1% in premarket trading. Here’s what the company reported compared with what Wall Street was expecting, based on a survey of analysts by LSEG: Earnings…
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What is your opinion on small positions in a portfolio.
I’m sure there is quite a bit of personal preference to this. But I’m curious what people’s viewpoints are on small positions relative to their portfolio value. Let’s say you have 100k portfolio. What’s the minimum you would consider investing into a stock you like to make it “worth” holding in your portfolio. Obviously you…