Author: pluginever
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MicroStrategy Non-GAAP EPS of -$8.26 misses by $8.13, revenue of $115.25M misses by $6.13M
MicroStrategy (NASDAQ:MSTR) shares retreated 7.2% in Monday after-hours trading after the software company delivered a bigger-than-forecast loss for Q1, driven by increased digital asset impairment losses. Q1 Adjusted EPS of -$8.26, significantly trailing the -$0.13 average analyst estimate, dropped from $5.62 in Q4 2023 and $30.59 in the year-earlier quarter. Revenue of $115.2M, also missing the $121.4M consensus, slid…
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Peacock streaming subscription prices to increase by $2 ahead of Olympics
The price of Peacock is flying higher. Subscription prices for Peacock, Comcast’s answer to the streaming wars, will increase by $2 this summer. The price adjustment is a way for Comcast’s NBCUniversal to capitalize on the Summer Olympics in Paris, which will air on NBC’s TV networks and streaming platform. Peacock’s ad-supported option will increase…
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Paramount says CEO Bob Bakish is stepping down
Paramount Global CEO Bob Bakish is stepping down, the company announced Monday, as merger negotiations with Skydance Media continue. Paramount reports its first-quarter earnings after the bell on Monday. The ouster comes as Paramount and Skydance Media inch closer to a possible merger, CNBC previously reported. The companies are in exclusive talks to pursue the…
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SoFi Technologies GAAP EPS of $0.02 beats by $0.01, adj. revenue of $580.65M beats by $21.12M
$SOFI Q1 earnings Q1 Total Net Revenue $645 million (37% YoY) vs Expectations of $550-$560 million Q1 Net income $88 million vs Expectations of $10-$20 million Q1 EBITDA $144 million vs Expectations of $110-$120 million Q1 GAAP EPS of $0.02 Q1 Members added +622,000 2024 net income raise to $165-$175M (Previous Net income Guidance was…
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Trump Media Stock Gains. Trump Media’s Truth Social Platform Isn’t Growing
Stock in Trump Media & Technology Group, the parent company of the Truth Social media platform, is rising despite signs activity on the network might be falling. Trump Media shares were up 3.7% at $42.98 in early trading. The stock closed up 7.9% on Friday. Former President Donald Trump’s nearly 115 million shares in the…
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Tesla jumps 10% in premarket trade after passing key hurdle to roll out full self-driving in China
Shares of Tesla rose sharply in U.S. premarket trading on Monday after the electric car maker passes a significant milestone to roll out its full self-driving technology in China. The company’s share price spiked more than 10% just after 7:30 a.m. ET, as investors reacted to news surrounding Tesla CEO Elon Musk’s visit to China.…
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r/Stocks Daily Discussion Monday – Apr 29, 2024
These daily discussions run from Monday to Friday including during our themed posts. Some helpful links: Finviz for charts, fundamentals, and aggregated news on individual stocks Bloomberg market news StreetInsider news: Market Check – Possibly why the market is doing what it's doing including sudden spikes/dips Reuters aggregated – Global news If you have a…
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Roth Ira Am i on track??
hello world let me start by saying i don't know much about stocks or investing in general. i have a roth ira with ej and trust my financial advisor but want to check if im on track. im 26 i max out my roth each year these are my holdings. please let me know if…
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Will I be entitled to the dividends if I sell after the record date?
Will I be entitled to the dividends if I sell after the record date? I bought some shares (KEP = Keppel) a couple of months back. The share price has spiked since the announced dividend is roughly 200% of the share price prior to the dividend announcement. I was planning to keep my shares after…
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Reverse Split Arbitrage Questions
I noticed brokers like Chase, Schwab and Merrill Lynch are all paying out the day after the reverse split and I can sell my shares. With brokers like Fidelity and Vanguard my shares are taken away for 2 weeks before I can sell them. Does anyone know why some brokers take them away? Do you…