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 [...]

21 02, 2024

Earnings Season Negatively Impacts the Market

By |2024-02-22T19:12:40+00:00February 21st, 2024|Categories: Feature: Stock Market Investing, Featured: News, Market in Review, Stock Market, Stock Market News|Tags: , , , , , , , , |

If you’re wondering what’s contributing to the volatility in the market, it’s more than just inflation data, geopolitical events, or tech domination; a macro impacter for the market is earnings season! With Home Depot reporting lower-than-expected numbers and investors waiting for Nvidia’s report pessimistically, earnings season is hitting the markets with a baseball bat. [...]

30 01, 2024

GM Surges on Earnings Beat and Strong Guidance – We Found 2 Other Reasons to Buy This Stock Now

By |2024-01-30T19:02:50+00:00January 30th, 2024|Categories: Feature: Stock Market Investing, Featured: News, Stock Market News|Tags: , , , , , |

General Motors (GM) delivered Q4 earnings this Tuesday morning. The beat sent shares 7% higher, adding to what has been a torrent pace over the past few months as GM has now gained 37% in that timeframe. The US automaker is finally starting to find its footing after the UAW strike took its toll [...]

29 01, 2024

SoFi Gains 17% After Milestone Profit in Q4 – Its Upside Potential & Timing Make it a BUY Right Now

By |2024-01-29T18:37:28+00:00January 29th, 2024|Categories: Feature: Stock Market Investing, Featured: News, Stock Market News|Tags: , , , , , |

SoFi Technologies (SOFI) started the week strong, headed towards its best performance on the stock market since the fall of 2022. It reached as high as 23% before correcting at around 17%. This is a result of the financial technology company delivering bombastic earnings for the fourth quarter of 2023, in which it posted [...]

26 01, 2024

Intel Falls 10% on Downtrodden Earnings Forecast – Should Investors Be Worried? 3 Things to Consider

By |2024-01-26T17:14:41+00:00January 26th, 2024|Categories: Feature: Stock Market Investing, Featured: News, Stock Market News|Tags: , , , , , , |

Yesterday after the bell Intel (INTC) shared an update on its Q1 earnings expectations that sparked concern among investors, and a sell-off ensued. The stock is down more than 10% in Friday’s trading session as a result. Intel is forecasting revenue between $12.2 billion and $13.2 billion, below the FactSet consensus of $14.3 billion. [...]

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