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Spotify will report first quarter earnings before the bell on Tuesday. Here's what to know...
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Magnificent 7 stocks, namely, Tesla (TSLA), Meta Platforms (META), Alphabet (GOOGL), Microsoft (MSFT), Amazon.com (AMZN), Apple (AAPL) and NVIDIA (NVDA), are set to benefit from rapid AI proliferation...
Continue Reading(Bloomberg) -- Tesla Inc. slashed a newly formed marketing team as part of companywide layoffs, reversing course from a traditional advertising push that Chief Executive Officer Elon Musk greenlighted less than a year ago.Most Read from BloombergElon Musk’s Robotaxi Dreams Plunge Tesla Into ChaosTrump Has Only $6.8 Million for Legal Fees With Trial UnderwayTikTok to Remove Executive Tasked With Fending Off US ClaimsRay Dalio’s Famous Trade Is Sputtering and Investors Are BailingUS Dollar’s Exten...
Continue ReadingTesla Shares Slide Following Latest Round of Price Cuts...
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Looking for stock market analysis and research with proves results? Zacks.com offers in-depth financial research with over 30years of proven results...
Continue ReadingChief U.S. Equity Strategist Jonathan Golub cut his call on what he calls the Big Six group of tech stocks to Neutral from Overweight...
Continue ReadingU.S. stocks rose on Monday in choppy trading after steep losses in the previous session as easing Middle East tensions buoyed risk appetite, while investors looked ahead to an action-packed week with major tech earnings and a key inflation print. The Nasdaq and the S&P 500 ended lower on Friday as Netflix shares weighed after a dour quarterly earnings report, with both the indexes suffering six straight sessions of declines last week, their longest since October 2022. Some megacap growth stocks edged higher, with Alphabet , Amazon.com and Apple up between 0.3% and 0.7%...
Continue ReadingSix of the largest tech companies are expected to see earnings growth slow over the next year, leaving room for other companies to lead the next leg of the stock market rally, UBS analysts say...
Continue ReadingTop Midday Stories: Verizon Shares Down, Truist Shares Up Post Earnings; CNH Industrial Names New Chief Executive; Tesla Dissolves Newly Created Marketing Team...
Continue ReadingBig Tech is next on deck to report earnings results this week, injecting some enthusiasm into the stock market (^DJI, ^IXIC, ^GSPC) after April declines. Longview Economics CEO and Chief Market Strategist Chris Watling joins Yahoo Finance to share his insights on the market outlook. Watling notes that most corrections are "good things for the market," saying he wouldn't be surprised if volatility persists. Watling advises investors to "think about selling into strength" as he foresees shifts in the global market. He encourages investors to look beyond the Magnificent Seven tech stocks, stating: "Every man and his dog owns the Magnificent Seven, it's over-owned. We need to rotate into something else." Regarding the uncertain expectations for interest rate cuts from the Federal Reserve, Watling acknowledges that they have been continuously readjusted and priced out. However, he highlights that "there's plenty of upside" in many stocks, as the market is in a rate-cutting cycle. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance. This post was written by Angel Smith...
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