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Reddit shares rocket 16% on strong sales and guidance
Reddit reported first-quarter earnings Thursday that beat Wall Street expectations on sales and guidance. Shares of the social media company rose more than 16% in after-hours trading. Here’s how the company did compared with LSEG estimates: * **Earnings per share:** 13 cents vs. 2 cents expected * **Revenue:** $392 million …
Amazon’s ad business grew 19% in first quarter, topping estimates
Here’s how the company did, compared with estimates from analysts polled by LSEG: * **Earnings per share:** $1.59 vs. $1.36 estimated * **Revenue:** $155.67 billion vs. $155.04 billion estimated Wall Street is also looking at other key revenue numbers: * **Amazon Web Services:** $29.3 billion vs. $29.42 billion expected, according …
Trump says any country that buys oil from Iran will not be allowed to do business with U.S.
President Donald Trump said Thursday any country or person that buys oil or petrochemicals from Iran will not be allowed to do any business with the U.S. U.S. crude oil futures rose $1.03, or 1.77%, to close at $59.24 per barrel, while global benchmark Brent gained $1.07, or 1.75%, to …
Trump says any country that buys oil from Iran will not be allowed to do business with U.S.
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Trump says any country that buys oil from Iran will not be allowed to do business with U.S.
President Donald Trump said Thursday any country or person that buys oil or petrochemicals from Iran will not be allowed to do any business with the U.S. U.S. crude oil futures rose $1.11, or 1.91%, to $59.32 per barrel, while global benchmark Brent was up $1.15, or 1.88%, to $62.21 …
Is the market a bubble?
The common consensus is that the market and the economy are intertwined. In times where prospects are good, the stock market usually rises. When times are bleak, it tends to fall. Over long periods of time the economy grows, and so will the stock market. However, and especially since COVID, …
Electric vehicles, solar panels, and humanoid worker robots...and the WINNER IS...
I say Tesla (TSLA) has an upside of 1000% over the next 5-10 years. First Musk will perfect his robots in Tesla plants, and then he will replace the vast majority of Tesla auto factory workers with robots. Tesla's EV's will be the hands-down cheapest and best American electric vehicles, …
Waiting for the day AMZN and GOOGL erupt so I can make a down payment
I’ll wait two years for them to be in their 300-400 range and sell of so that I can contribute more money to my down payment for this reason, I’ve been stocking up on the both of them. Fingers crossed 🤞 I can make an extra $50k in two years
United Health - opportunity
Who’s buying up United Health Group (UNH) in this massive dip? I know it’s got short-term head winds but it’s heavily undervalued right now and only missed earnings by a tiny amount. To be down over 30% is crazy. This thing is a monster pulling in $109b a quarter. Get …
If you’re out of the market, have you been outside?
OK PSA time…. As we all take a step back and reflect on these times, questioning why it hasn’t dropped yet or what the hell is going on and…. A large number of people, myself included, have taken a risk off approach. It’s a prudent thing to do, a safe …