Bob Bakish, president and chief executive officer of Viacom, attends the fourth day of the annual Allen & Company Sun Valley Conference, July 11, 2023 in Sun Valley, Idaho. David A. Grogan | CNBC Paramount Global CEO Bob Bakish is stepping down, the company announced Monday, as merger negotiations with Skydance Media continue. Bakish will […]
As the busy first-quarter earnings season moves along, several stocks still set to report could be due for big swings. First-quarter earnings have boosted stocks this week, as more than 77% of companies in the S & P 500 have exceeded analysts’ expectations, according to FactSet. The S & P 500’s year-over-year earnings growth for […]
Following a long period of waiting, “the IPO market’s back.” That’s according to Colin Stewart, Morgan Stanley’s global head of technology equity capital markets. In an interview with CNBC’s “TechCheck” on Monday, Stewart said 10 to 15 more tech companies could go public before the end of 2024, with an even “better year” in store […]
These 3 High-Yield Stocks Have Been Growing Their Dividends Non-Stop, And Analysts Expect Their Share Prices To Climb Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Income-seeking investors are always on the lookout for reliable high-yield stocks with a history of consistent dividend growth. Three companies […]
In this video, I will be going over SoFi Technologies‘ (NASDAQ: SOFI) first-quarter earnings report, which blew everyone’s expectations out of the water, including my own. *Stock prices used were from the trading day of April 26, 2024. The video was published on April 29, 2024. [embedded content] Should you invest $1,000 in SoFi Technologies […]
It’s been a rough week to bet against Elon Musk and Tesla (TSLA). Tesla short sellers are down more than $5 billion in the past five days, per data from S3 Partners, as the stock has rallied nearly 40% since the company reported quarterly results after the bell on April 23. Tesla stock was up […]
AI Data Centers Drive Electricity Demand: Goldman Sachs Picks 16 Stocks To Play The Trend Escalating electricity needs from running AI data centers will create downstream investment benefits in the utilities, renewable energy generation, and industrial sectors, according to Goldman Sachs. In a recently published study, equity analyst Carly Davenport has listed a basket of […]
A 53-year-old trucker named Donny called into “The Ramsey Show” asking Dave Ramsey and co-host Dr. John Delony for advice on finding a way out of his distressing circumstances. Donny’s initial admission set the tone. “I’m 53 years old, have absolutely nothing for retirement, I’m $50,000 in debt, and I want a divorce,” he said. […]
Asana CEO Dustin Moskovitz has been a critic of Elon Musk and Tesla for years, but his latest jabs at the billionaire CEO and his EV giant were a bit more pointed than usual. “I know I sound crazy to most people who don’t follow $TSLA closely but at this point it really needs to […]
As the Federal Reserve considers lower rates in the near future, it may be time for investors to consider dividend-paying stocks as another income stream, according to Citi. Lower interest rates would mean that some investments, such as fixed income assets, will look less attractive than they once did. Therefore, investors would be more incentivized […]
Intel (NASDAQ: INTC) shareholders are licking their wounds once again after the chip titan’s latest earnings report. It’s a familiar position for Intel investors. The company has repeatedly disappointed the market, making big promises about revamping its business only to come up short when it’s time to open the books. This time around, Intel beat […]
What’s Going On With SoFi Technologies Stock Monday? SoFi Technologies Inc. (NASDAQ:SOFI) shares reversed their gains after the company reported fiscal first-quarter 2024 results on Monday. Adjusted revenue increased 26% year-on-year to $580.648 million, beating the consensus of $555.997 million. The adjusted EPS of $0.02 beat the consensus of $0.01. SoFi added 622,000 new members in the quarter, bringing its […]
