Author: pluginever

Snap reported first-quarter results on Thursday that beat analysts’ estimates and showed a return to double-digit revenue growth. Shares soared more than 22% in extended trading. Here’s how the company did: Earnings per share: 3 cents adjusted vs. a loss of 5 cents expected by LSEG Revenue: $1.19 billion vs. $1.12 billion expected by LSEG…

Meta shows no signs of substantially trimming its losses from investing in the metaverse, as competition heightens between the Facebook parent and Apple in the virtual reality market. In its first-quarter earnings report Wednesday, Meta disclosed that its Reality Labs unit recorded a $3.85 billion operating loss. Revenue in the metaverse division was $440 million,…

Intel's (NASDAQ:INTC) significantly weaker-than-expected guidance for the coming quarter overshadowed better-than-expected first-quarter results. For the coming second-quarter, the Pat Gelsinger-led firm expects revenue to be between $12.5B and $13.5B, well below the $13.61B analysts were anticipating. It also anticipates earning an adjusted $0.10 per share with adjusted gross margins of 403.5% and a tax rate…

https://www.cnbc.com/2024/04/25/gdp-q1-2024-increased-at-a-1point6percent-rate.html U.S. economic growth was much weaker than expected to start the year as consumer spending rose at a slower pace, the Commerce Department reported Thursday. Gross domestic product, a broad measure of goods and services produced in the January-through-March period, increased at a 1.6% annualized pace when adjusted for seasonality and inflation, according to…

Microsoft shares rose 5% in extended trading on Thursday after the software maker issued fiscal third-quarter results that outdid Wall Street’s expectations. Here’s how the company did in comparison with the consensus from LSEG: Earnings per share: $2.94 vs. $2.82 expected Revenue: $61.86 vs. $60.80 billion expected Microsoft’s total revenue grew 17% year over year…

https://www.cnbc.com/2024/04/25/alphabet-set-to-report-first-quarter-results-after-market-close.html Alphabet reported earnings after the bell. Here are the results. Earnings per share: $1.89. That may not compare with the $1.51 per share expected by LSEG Revenue: $80.54 billion. That may not compare with the $78.59 billion expected by LSEG Wall Street is also watching several other numbers in the report: YouTube advertising revenue:…

Alphabet reported earnings after the bell. Here are the results. Earnings per share: $1.89. That may not compare with the $1.51 per share expected by LSEG Revenue: $80.54 billion. That may not compare with the $78.59 billion expected by LSEG YouTube advertising revenue: $7.72 billion expected, according to StreetAccount. Google Cloud revenue: $9.35 billion expected,…

This is the daily discussion, so anything stocks related is fine, but the theme for today is on stock options, but if options aren't your thing then just ignore the theme. Some helpful day to day links, including news: Finviz for charts, fundamentals, and aggregated news on individual stocks Bloomberg market news StreetInsider news: Market…

Morgan Stanley Capital International (NYSE: $MSCI) is an indexing company that provides asset owners to benchmarket their investment funds. They construct a broad range of equity indexes based on market cap, factors, or custom indexes. They also offer ESG & Climate indexes and provide analytics + business solutions. Many ETF providers could theoretically offer their…

I'm curious if it would be better to take my companies IRA deal (matching up to 2%) – which is bad, or to take the money i would be putting in a Roth IRA and instead invest it in VOO (or similar etf) with the leverage that my brokerage provides (2x-3x my deposit amount). While…