Arm Holdings Pops 6% on Plans to Expand into AI Chip Market, Should You Buy ARM on This News?
Shares of Arm Holdings (ARM) are up just over 6% to start the week on news that the company intends to capitalize on the AI craze and begin producing its own chips as soon as 2025. Arm is a chip designer based in Britain that licenses its designs to other companies rather than manufacturing them in-house. It is paid [...]
Weekly Market Report: Navigating Market Swings
Last week kicked off with optimism on Wall Street, driven by dovish remarks from the Fed, resulting in gains across the board. The Dow climbed 0.5%, the S&P500 rose 1.0%, and the Nasdaq surged 1.2%. However, sentiments shifted on Tuesday as Minneapolis Fed chief Neel Kashkari hinted at steady rates, leading to a mixed session. The Dow and the [...]
Despite the Dropbox Earnings Beat, There are 2 Reasons it’s Not Quite Time to Buy DBX Yet
Dropbox (DBX) delivered a solid first-quarter performance with results surpassing the consensus on the top and bottom lines. However, one analyst who boasts a 100% success rate trading DBX actually lowered his price target on the stock - and we found 2 reasons ourselves to hold off on this opportunity for the time being. The company brought in total [...]
Robinhood Stock Rises on Record Revenue in Q1 Thanks to New Assets, But is it Time to Buy HOOD?
Robinhood Markets (HOOD) reported its fiscal first quarter results Wednesday that featured a record-breaking revenue performance field by newly acquired assets as the company sought to diversify its offerings for customers. Shares jumped around 7% prior to the market opening but have since settled at around even on the day. They’re still up more than 5% on the week [...]
Uber’s Weak Q2 Guidance Sends Shares Retreating 8%: Why it May Be Time to Sell UBER
Uber (UBER) reported first-quarter earnings alongside second-quarter guidance Wednesday that sent shares down 8%. To make matters worse, the company’s primary competitor, Lyft, delivered an earnings beat yesterday with optimistic guidance for the quarter ahead. The first quarter saw a solid increase in revenue to $10.13 billion, a 15% gain year over year. This was just slightly ahead of [...]
What Are Dividend Stocks?
Whether you’re just getting started building a stock portfolio from scratch or are looking to diversify your portfolio with safer stocks that deliver steady returns, you need to consider dividend-paying stocks as part of your stock investment strategy. Wait, what are dividend stocks? More importantly, why are dividend stocks worth it? These stocks return a portion of their profits to [...]