8 08, 2024

Eli Lilly Climbs 8% on Impressive Earnings and Upbeat Outlook as Drug Sales Surge: Time to Buy?

By |2024-08-08T16:14:58+00:00August 8th, 2024|Categories: Feature: Stock Market Investing, Featured: News, Stock Market News|Tags: , , , , , , , , |

Eli Lilly & Co. (LLY) is up more than 8% so far Thursday morning after reporting second-quarter earnings that easily surpassed the Wall Street consensus. The company also raised its guidance for the full year. The drugmaker posted adjusted earnings per share of $3.92, well ahead of the $2.60 that was expected by analysts. [...]

7 08, 2024

CVS Falls After Disappointing Earnings as Healthcare-Benefits Struggle: Time to Sell?

By |2024-08-07T16:06:12+00:00August 7th, 2024|Categories: Feature: Stock Market Investing, Featured: News, Stock Market News|Tags: , , , , , , , , , , |

CVS Health Corporation (CVS) is down 1% today, making it an 8% loss on the week so far. The company’s latest earnings painted another disappointing picture, this time, as the healthcare-benefits segment struggled. The company’s net income of $1.77 billion was quite a step back from $1.90 billion this time last year. This worked [...]

6 08, 2024

Palantir Jumps 11% on Strong Q2 Earnings Fueled By AI Demand: Why It’s Not Quite Time to Buy PLTR

By |2024-08-06T17:48:47+00:00August 6th, 2024|Categories: Feature: Stock Market Investing, Featured: News, Stock Market News|Tags: , , , , , , , , , , |

Shares of Palantir Technologies (PLTR) are up more than 11% Tuesday on the heels of an impressive second-quarter performance. The company shoved it to the naysayers with 27% growth in revenue amidst “relentless AI demand”. Adjusted earnings per share came in just above analyst expectations at $0.09 compared to $0.08. Net income of $134 [...]

5 08, 2024

Amazon’s Earnings and AI Stance Have Analysts Excited, But VectorVest Says to SELL AMZN Today

By |2024-08-05T17:21:58+00:00August 5th, 2024|Categories: Feature: Stock Market Investing, Featured: News, Stock Market News|Tags: , , , , , , , , , , |

Amazon (AMZN) reported second-quarter earnings and spoke on its growing AI business, which was enough for some analysts to stand by their price targets. But as the stock continues to fall, VectorVest sees reason to consider selling it today. The online marketplace reported revenue of $147.98 billion, just short of the $148.56 billion consensus [...]

2 08, 2024

Exxon Inches Further Away From Competitors in Q2, But it May Not Be Time to Buy XOM Yet

By |2024-08-02T16:07:35+00:00August 2nd, 2024|Categories: Feature: Stock Market Investing, Featured: News, Stock Market News|Tags: , , , , , , , , |

Exxon Mobil (XOM) reported its second-quarter earnings results that easily surpassed analyst expectations thanks to unprecedented production in the Permian Basin and Guyana.  The $9.2 billion in earnings worked out to $2.14 per share for Exxon, a 17% improvement year over year. This was well ahead of the $2.02 analysts were expecting.  The performance [...]

1 02, 2023

Snapchat Drops 14% After 3rd Disappointing Earnings Report in a Row: Time to Cut Losses?

By |2023-12-07T21:03:21+00:00February 1st, 2023|Categories: Feature: Stock Market Investing, Featured: News, Stock Market News|Tags: , , |

Snapchat (SNAP) reported their 4th quarter earnings for 2022 yesterday, and once again came in under expectations. It appears the rumors of growing headwinds we discussed back in December of last year are proving to be true. SNAP reported an EPS of 14 cents which outperformed the expectation of 11 cents - but the [...]

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