Category: stocks

Snowflake Inc. gave a sales outlook that failed to reassure investors that the company will gain ground in the market for artificial intelligence software tools. The shares fell in extended traded. Product revenue, which makes up the bulk of Snowflake’s business, will be $850 million to $855 million in the period ending in October, the…

So for a bit of context, I put a fixed portion of my salary each month into S&P, Total World and a bunch of blue chip stocks such as Microsoft, JPM, BRK, Amazon each month. I built this “portfolio” 4 years ago and am up 30% or so, the reason for the “perceived” underperformance is…

Canadian National Railway (CN) and Canadian Pacific Kansas City (CPKC) shut down their rail networks in the country on Thursday and locked out nearly 10,000 workers after unsuccessful negotiations with a major labor union. The decision, confirmed by the Teamsters union, sets the stage for an unprecedented rail stoppage that could badly damage the Canadian…

Or have you lumped-summed the stocks you own? Just curious. I’m a passive total market investor and was looking to add a specific sector ETF to my portfolio. But that sector ETF has an outrageous expense ratio, so I was looking to pick out some individual holdings.

Peloton said Thursday it is digging itself out of the red and eked out a slight sales increase for the first time in nine quarters as it slashed its overall losses. The beleaguered connected fitness company, which is currently being run by two board members after former CEO Barry McCarthy resigned earlier this year, saw…

https://www.cnbc.com/2024/08/22/july-home-sales-break-4-month-losing-streak-as-supply-rises-nearly-20percent.html Closed sales of previously owned homes rose 1.3% in July compared with June to a seasonally adjusted, annualized rate of 3.95 million units, according to the National Association of Realtors. That was the first gain in five months. Sales were 2.5% lower compared with the same time last year. Sales saw the biggest gains in…

Uber Technologies and General Motors' Cruise have agreed to a multi-year partnership, under which the embattled autonomous vehicle company plans to offer driverless rides to Uber users as soon as next year. The Thursday announcement comes as Cruise attempts to revive its robotaxi business after the company ceased operations following an October 2023 incident in…

The “vast majority” of Federal Reserve officials said the central bank would likely cut interest rates in September—while several saw a case to slash rates last month, according to minutes from the policy meeting in late July released on Wednesday. Why it matters: It's the clearest indication yet the Fed is on track to cut…

These are the stocks on my watchlist (8/22) Hi! I am an ex-prop shop equity trader. This is a daily watchlist for trading: I might trade all/none of the stocks listed, and even stocks not listed! I only hold MAG7/market indices long-term. If you use Old Reddit, click “Show Images” at the top to expand…

TD Bank missed quarterly earnings estimates on Thursday and reported a rare loss after it set aside a further $2.6 billion to prepare for fines from U.S. regulators following investigations into the Canadian lender's anti-money laundering (AML) measures. The bank's U.S. business, which accounts for about a quarter of TD's profit, reported a 5.6% fall…