Author: pluginever
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Summary of April 23 morning earnings
Spotify ⬆️12% after turning a profit and earnings beat GE ⬆️8.5% on earnings beat and raising earnings goal GM ⬆️5% after boosting full-year guidance UPS ⬆️2.2% after beating expectations, even though revenue and profit fell Lockheed Martin ↔️flat after initially rising, crushed estimates RTX Corp 0.2% slightly down even after beating earnings Halliburton 0.3% slightly…
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Trump Media Provides Additional Information To DJT Investors Regarding Short Selling
SARASOTA, Fla., April 23, 2024 (GLOBE NEWSWIRE) — Trump Media & Technology Group Corp. (NASDAQ: DJT) (“TMTG” or the “Company”) is highlighting actions DJT shareholders can take to prevent the lending of their shares by brokerage firms for the purpose of short selling. The Company’s shareholder base primarily consists of retail investors who hold their…
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Spotify turns a profit as earnings and revenue beat estimstes
Spotify Technology (SPOT) reported fiscal first quarter earnings on Tuesday that beat expectations on both the top and bottom lines. The audio giant also swung to a profit as it continues to implement its recent “efficiency” strategy. Over the past year, Spotify has committed to multiple rounds of layoffs in addition to price increases and…
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r/Stocks Daily Discussion Wednesday – Apr 24, 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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Oracle is moving its world HQ to Nashville to be closer to health-care industry
Oracle Chairman Larry Ellison said Tuesday that the company is moving its world headquarters to Nashville, Tennessee, to be closer to a major health-care epicenter. In a wide-ranging conversation with Bill Frist, a former U.S. Senate Majority Leader, Ellison said Oracle is moving a “huge campus” to Nashville, “which will ultimately be our world headquarters.”…
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Q about accounting for long term capital gains, losses, etc.
A personal question of a practical (mechanical/procedural/tactical) nature if I may please [I hope this is an appropriate place to ask it]. Since my query relates to stock in T most likely we're talking leveraging losses instead of gains here. LOL I currently hold some shares of T and some of its spinoffs beginning with…
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Negative Dividend? RHHBY shows one for 2022 (ARGUS) -0.4
Does this mean they wirhheld the announced dividend(s) for that year or something different? This is data pulled from the current Argus analyst report and I'm not sure how to interpret it. The company 10K doesn't show this, it shows a positive dividend of 9.5 CHF/share (swiss francs)
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$RILY files clean 10k report, up 45% pre market
B RILY wealth management stock has not been mentioned much here, but was subject of a failure to file their 10k on time and had their deadline extended to be due 4/29. Much scrutiny online and some folks claiming fraud and the stock would go to 0. Filed today and it's a clean report, stock…
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Tesla cutting around 2,700 jobs in Austin as part of broad restructuring
Tesla is eliminating around 12% of its workforce at a factory in Austin, Texas, as part of a broader restructuring the company announced last week. According to a Worker Adjustment and Retraining Notification (WARN) Act letter on Tuesday, the layoffs affect 2,688 employees at the facility in Travis County. In 2021, Tesla CEO Elon Musk…
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Apple Vision Pro demand falls ‘sharply beyond expectations’. Apple reviewing and adjusting product roadmap and strategy.
Apple has cut its 2024 Vision Pro shipments to 400–450k units (vs. market consensus of 700–800k units or more). Apple cut orders before launching Vision Pro in non-US markets, which means that demand in the US market has fallen sharply beyond expectations, making Apple take a conservative view of demand in non-US markets. Apple is…