Author: pluginever

PayPal raised its full-year adjusted profit forecast on Tuesday, as the payments giant benefited from robust consumer spending, while measures to cut costs improved operating margins in the first quarter. Shares of the company were last up 4% in volatile premarket trading after the results. Consumer spending has shown remarkable resilience even as economic worries…

Apple, Microsoft and Nvidia been giving out dividends for a long time despite being a huge tech firm. As of recently, Google and Meta decide to begin giving out dividends to its shareholders. Is this seen as bullish? We hold big tech firms due to huge earning growth potential and they tend to distribute their…

McDonald’s reported mixed quarterly results Tuesday as its reorganization weighed on its profits and boycotts hurt its Middle Eastern sales. Here’s what the company reported compared with what Wall Street was expecting, based on a survey of analysts by Refinitiv: Earnings per share: $2.70 adjusted vs. $2.72 expected Revenue: $6.17 billion vs. $6.16 billion expected…

I’m fairly new and haven’t really found much about this online so I decided to ask here. I don’t have the requirements in my account to be a pattern day trader, so I’m trying to make sure I don’t accidentally break the rule. Let’s say hypothetically, I bought 3 shares of stock x a week…

Super Micro Computer (NASDAQ:SMCI): Q3 Non-GAAP EPS of $6.65 beats by $1.08. Revenue of $3.85B (+200.8% Y/Y) misses by $50M. For the fourth quarter of fiscal year 2024 ending June 30, 2024, the Company expects net sales of $5.1 billion to $5.5 billion vs $4.86B consensus, GAAP net income per diluted share of $7.20 to…

“ELON MUSK WILL be pleased that his surprise jaunt to China on Sunday garnered many glowing headlines. The trip was undoubtedly equally a surprise to Indian prime minister Narendra Modi, who had been scheduled to offer Musk the red carpet on a long-arranged visit. The billionaire blew off India at the last minute, citing “very…

Now that Amazon (NASDAQ: AMZN) has dominated online shopping, the company is investing heavily in generative artificial intelligence and cloud computing and expects the majority of capital expenditures going forward will be focused on developing AI. In the company’s earnings call following the release of Q1 results, CEO Andy Jassy and CFO Brian Olsavsky spent…

AMD today announced revenue for the first quarter of 2024 of $5.5 billion, gross margin of 47%, operating income of $36 million, net income of $123 million and diluted earnings per share of $0.07. On a non-GAAP(*) basis, gross margin was 52%, operating income was $1.1 billion, net income was $1.0 billion and diluted earnings…

I’m wondering what traders on the NYSE floor do nowadays with electronic trading being much more prevalent. What edge over the market do they get by being there? I’ve watched some of the CNBC videos and you can still see kinda a lot of people in the background working on the floor.

Revenue: $145.8 million, a 34.1% increase year-over-year, surpassing estimates of $135.60 million. Net Income: $28.7 million, an 83.5% increase from the previous year, exceeding estimates of $22.44 million. Earnings Per Share (EPS): Reported at $0.98, significantly above the estimated $0.76. Domestic Same-Store Sales Growth: Rose by 21.6%, indicating robust brand momentum and market penetration. System-Wide…