Market Insights: A Week of Volatility and Anticipation in Review
Market Recap: A Week of Surprises and Momentum Anticipation around upcoming big tech earnings and jobs data fueled a positive start on Wall Street. The Dow rose by 0.6%, the S&P500 added 0.8%, and the Nasdaq surged 1.1%. The Federal Reserve initiated a two-day meeting, and post-close tech earnings led to a wait-and-see attitude, resulting in mixed closing for [...]
Caterpillar’s Profits Continue to Climb in a Record-Breaking Quarter: 3 Reasons to Buy CAT
Caterpillar Inc. (CAT) shared its results from the fourth quarter on Monday and shares made their way into the green after an impressive quarter of growth. In fact, the company set a new record for sales after nearly a century in business. Revenue of $17.07 set a new bar for Caterpillar, representing a 2.8% growth YoY and narrowly outperforming [...]
Meta is Up 20% After Earnings Beat and Dividend Announcement: 3 Other Reasons to Buy META
Meta (META) is starting 2024 with a statement, announcing its first-ever dividend after an impressive Q4 driven by a surge in advertising sales. The stock is up more than 20% in Friday morning’s trading session. The company grew revenue to $40.11 billion, a 25% increase year over year. Net income for the quarter jumped to $14.02 billion ($5.33/share) from [...]
Trading Futures vs Options: What’s the Difference and Which Strategy is Right For You?
Understanding the distinct characteristics of trading futures vs options is key to developing a robust investment strategy. Both offer unique advantages and come with their own set of complexities, making the choice between them pivotal for traders. Options trading, with its flexibility and defined risk parameters, appeals to those seeking strategic depth, while futures trading, characterized by its obligation-based contracts [...]
Peloton Plummets 23% on Weak Q2 Earnings – 3 Reasons It’s Time to Sell This Stock
Peloton (PTON) is continuing its fall from grace with another day of plummeting share prices, down more than 23% in Thursday’s trading session. This comes after the fitness company delivered lackluster Q2 earnings alongside a weak outlook for the road ahead. In what was supposed to be Peloton’s strongest quarter amidst the holiday season, Peloton posted revenue of $743.6 [...]
Is a Major Layoff a Signal to Invest?
In 2023, major strikes and protests against companies were prevalent, followed by significant layoffs at the start of 2024. Significant staff reductions can currently be seen across various industries in the US, including technology, finance, and retail, with giant companies such as Google, Meta, Goldman Sachs, and Dow announcing layoffs in 2023. All the companies that followed through experienced [...]
