General Motors Cruises Past Domestic Sales Dip With Strong Profits in Q1: Time to Buy GM Stock?
General Motors (GM) reported first-quarter earnings that featured a massive uptick in profitability despite sales challenges here in the US. Shares are up 4% so far today on the news. The company grew revenue by 7.6% to $43 billion for the quarter, which matched the last quarter’s performance and beat the analyst estimate of $42.09 billion. Earnings per share [...]
Intel Stock is Down 30% This Year: Why it May Be Time to Cut Losses on INTC
Intel Corporation (INTC) shareholders have been battered and bruised in both the short and long term. The stock is down more than 30% through 2024 thus far. Looking back even further, the stock has tumbled 41% in the past 5 years. So, is it time to sell INTC and move on? We’re here to help you find out. It’s [...]
Last Week’s Market Recap: Geopolitical Concerns and Rising Yields Drive Mixed Performance
Monday: Major Indexes slide on geopolitical worries and climbing treasury yields. Dow -0.7%, S&P500 -1.2%, Nasdaq -1.8%. Investors remain cautious amid tensions in Ukraine and concerns over inflation. Tuesday: Mixed performance as bond yields continue upward. Comments from Fed Chair Powell further fuel uncertainty. Dow +0.2%, S&P500 -0.2%, Nasdaq -0.1%. Investors weigh the possibility of delayed rate cuts against [...]
Best Stock Apps for Android Phones in 2024
Investing is challenging enough as is - but when you’re on the go and away from your home base, it becomes especially difficult. The last thing you want is to miss an opportunity, or worse, watch one of your top-performing positions plummet while you’re not at your desk. This is why you need the best stock analysis app - helping [...]
American Express Sees Profits Soar and its Stock Follow Suit: 3 Reasons to Buy AXP Today
Shares of American Express Co. (AXP) are up nearly 5% in Friday’s trading session after the company delivered first-quarter earnings that came in well above the analyst consensus. New card acquisitions were way up for the quarter - more specifically, high-spending, high-credit quality customers that are as valuable as it gets for the company. Amex also saw an uptick [...]
The Best Stock Apps for iPhone in 2024
Efficiency is key when investing, as the quicker you are to react, the sooner you can get in or out of a position with your profits. The best stock apps for iPhone streamline your trading experience and ensure that important insights are always at your fingertips. They optimize your decision-making and boost your chances of success, making them a must-have [...]
