Meta is Tumbling Despite Earnings Beat on Spending Concerns: 3 Reasons META is a BUY
The Facebook parent company, Meta Platforms (META), is losing ground Thursday morning on the heels of a third-quarter earnings update Wednesday after hours. While the stock is down 3% so far today, the Q3 performance was actually fairly solid. Revenue of $40.6 billion was slightly ahead of the analyst consensus for $40.2 billion. Earnings of $6.03 easily surpassed the [...]
Despite the Q3 Earnings Dip, It’s Not Time to Sell AMD Yet: 3 Reasons for Investors to Stay Patient
Advanced Micro Devices (AMD) is down more than 9% Wednesday morning after the company’s third-quarter earnings results were released yesterday afternoon. The semiconductor manufacturer showed strong performance in its data center segment specifically, which saw a massive 122% growth from this time last year. It helped push total revenue 18% higher year-over-year to $6.82 billion. Earnings per share came [...]
PayPal Shares Fall Despite Profit Improvements in Q3, But We Still See 3 Reasons to Buy PYPL Today
PayPal Holdings (PYPL) reported third-quarter earnings results that mirrored what we’ve seen so far this year - continued growth in profitability. The company delivered on one of its key metrics for the quarter, yet the stock is down nearly 4% Tuesday morning. Revenue for the third quarter came in at $7.85 billion, which was a 6% improvement year over [...]
McDonald’s Stock Plummets Nearly 7% on E. coli Concerns: Is This a Buying Opportunity for MCD?
Shares of Mcdonald’s Corp. (MCD) have started the road to recovery Monday morning after losing roughly 7% over the past few days. The stock is up more than 1% today as many saw the dip as a buying opportunity. The fast food chain is under fire amidst concerns that its popular Quarter Pounder burgers have exposed patrons to E. [...]
Weekly Market Recap: Bond Yields and Earnings Shape Wall Street’s Volatile Week
Monday: Wall Street began the week mixed as rising bond yields overshadowed the anticipation for upcoming earnings. The Dow fell 0.8%, the S&P 500 slipped 0.2%, while the Nasdaq managed a modest gain of 0.3%. Tuesday: Weak corporate earnings and rising treasury yields kept the market mixed. The Dow dipped by 0.02%, the S&P 500 declined 0.1%, and the [...]
Dr. Diliddo’s Belief
Written by: Angela Akers A couple of weeks ago, October 11, 2024, I wrote an Essay entitled, “An Understanding Of Earnings Growth.” In the Essay, I compared the VectorVest GRT forecast for the S&P 500 to the FactSet Earnings Growth and the actual growth. As a reminder, VectorVest Earnings Growth (GRT) reflects a one to three year forecasted earnings [...]