Skip to content Skip to sidebar Skip to footer

Stocks

McDonald’s Stock Slips as Same-Store Sales Fall More Than Expected

McDonald's shares slipped in premarket trading Tuesday after it reported higher third-quarter revenue but lower profit than last year, as the fast-food giant's same-store sales fell more than expected. McDonald's shares fell 2% in premarket trading Tuesday after the fast-food giant reported a mixed third-quarter performance. While revenue grew to $6.87 billion, exceeding last year's $6.69 billion…

ByPexecoOctober 29, 20240Comments

Stocks

What You Need To Know Ahead of Coca-Cola’s Earnings

Coca-Cola will report its third-quarter earnings before the market opens on Wednesday. Coca-Cola (KO) is set to report its third-quarter earnings before the market opens on Wednesday, with analysts anticipating a mixed performance compared to last year. The beverage giant is expected to report revenue of $11.65 billion, down 2.5% year-over-year, while earnings per…

Bypexeco20October 20, 20240Comments

Stocks

Netflix Stock Hits Record High as Analysts Boost Price Targets After Strong Earnings

Netflix shares surged to a record high Friday, a day after the streaming giant reported strong third-quarter earnings. Netflix (NFLX) shares soared to a record high on Friday, following a strong third-quarter earnings report that surpassed expectations. Several analysts raised their price targets for the streaming giant, citing its leadership in the industry. Bank of…

ByPexecoOctober 19, 20240Comments

Stocks

Analysts Remain Bullish on AMD Despite Disappointing AI Event

Advanced Micro Devices may have disappointed investors with its Advancing AI event Thursday, but analysts said they're still bullish on the chipmaker's growth prospects. Advanced Micro Devices (AMD) may have let down investors at its "Advancing AI" event on Thursday, but analysts remain optimistic about the company's growth prospects. AMD shares dropped 4% following the…

ByPexecoOctober 12, 20240Comments

Stocks

AMD Shares Fall as New AI Lineup Fails to Impress Amid Nvidia Competition

Shares of Advanced Micro Devices tumbled Thursday as the chipmaker's new AI lineup failed to excite investors who are eager to see the company take on Nvidia. Shares of Advanced Micro Devices (AMD) tumbled 4% on Thursday as the chipmaker’s newly unveiled AI lineup failed to generate excitement among investors eager to see AMD directly…

ByPexecoOctober 11, 20240Comments

Stocks

Nvidia Stock Surges as Foxconn Announces Massive AI Server Facility

Nvidia (NVDA) stock rose on Tuesday after Foxconn, the world’s largest contract electronics manufacturer, touted strong demand for artificial intelligence servers. Nvidia (NVDA) shares surged on Tuesday after Foxconn, the world’s largest contract electronics manufacturer, announced strong demand for AI servers. During its annual tech day, Foxconn revealed it is constructing the world’s largest AI…

ByPexecoOctober 9, 20240Comments

Stocks

Pfizer Stock Rises on Report Starboard Takes Roughly $1B Stake

Starboard Value reportedly has taken a roughly $1 billion stake in Pfizer, as the activist investor seeks to turn the struggling drugmaker around. Activist investor Starboard Value has reportedly taken a significant stake of around $1 billion in Pfizer (PFE), with plans to help rejuvenate the struggling pharmaceutical giant. According to The Wall Street Journal,…

ByPexecoOctober 7, 20240Comments

Stocks

Meta Stock Hits Record High Amid AI Hype

Meta shares hit a new record high Friday as investor optimism about the tech giant’s AI opportunities runs high. Meta Platforms (META) shares reached a new record high Friday, continuing their strong 2024 rally as investor optimism surrounding the tech giant's AI and metaverse innovations remains strong. Meta's recent showcase at its Connect conference highlighted…

ByPexecoOctober 5, 20240Comments

Stocks

Apple Preparing New Low-End Phone for Early Next Year

Apple reportedly is preparing to announce an updated version of its lower-cost iPhone SE without a home button early next year. Apple (AAPL) is reportedly preparing to launch a redesigned version of its budget-friendly iPhone SE early next year, removing the home button—the last iPhone to feature it. According to Bloomberg, the new SE will…

ByPexecoOctober 2, 20240Comments

Stocks

Stellantis Stock Plummets 13% After Profit Warning

Stellantis shares are tumbling Monday after the Chrysler and Jeep parent issued a profit warning. Stellantis (STLA) shares plunged 13% on Monday after the Chrysler and Jeep parent issued a profit warning, driven by excess North American inventory and intensifying competition from Chinese automakers. The company revised its fiscal 2024 adjusted operating income margin to…

ByPexecoSeptember 30, 20240Comments

European Central Bank ready to cut?

Oil prices are uncertain as to which direction to take

ECB June cut in the works?

Gold Outlook: Petraces from all-time highs

Germany’s HICP rates in sight

Equities report: Equities send out mixed signals

Stocks

McDonald’s Stock Slips as Same-Store Sales Fall More Than Expected

Netflix Stock Hits Record High as Analysts Boost Price Targets After Strong Earnings

Analysts Remain Bullish on AMD Despite Disappointing AI Event

AMD Shares Fall as New AI Lineup Fails to Impress Amid Nvidia Competition

Pfizer Stock Rises on Report Starboard Takes Roughly $1B Stake

Meta Stock Hits Record High Amid AI Hype

Apple Preparing New Low-End Phone for Early Next Year

Stellantis Stock Plummets 13% After Profit Warning