A former senator from North Dakota, Heidi Heitkamp, expressed skepticism on the Joe Biden-led administration’s proposed 44% capital gains tax, stating it has no chance of passing. What Happened: President Biden’s proposal to increase the capital gains rate to 44.6%…
Palmer Luckey, founder of Anduril Industries, has praised his company’s contract with the U.S. Air Force to develop autonomous fighter jets. What Happened: During CNBC’s “Last Call” on Thursday, Luckey expressed his excitement about the project. He stated, "It’s also…
“Mad Money” host Jim Cramer pointed out the disproportionate coverage of Apple Inc. (NASDAQ:AAPL) “losing leadership” compared to Alphabet Inc.’s (NASDAQ:GOOG) (NASDAQ:GOOGL) Google and Microsoft Corp. (NASDAQ:MSFT) post their “spectacular quarters.” What Happened: On Friday, Cramer took to X, formerly…
As of April 25, 2024, three stocks in the financial sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions. The RSI is a momentum indicator, which compares a stock’s…
Chipotle Mexican Grill, Inc. (NYSE:CMG) reported better-than-expected first-quarter financial results. Chipotle said first-quarter revenue increased 14.1% year-over-year to $2.702 billion, which beat the consensus estimate of $2.675 billion, according to Benzinga Pro. The fast-casual restaurant chain company reported adjusted earnings…
With U.S. stock futures trading lower this morning on Thursday, some of the stocks that may grab investor focus today are as follows: Wall Street expects Alphabet Inc. (NASDAQ:GOOG) (NASDAQ:GOOGL) to report quarterly earnings at $1.51 per share on revenue…
Affirm Holdings Inc (NASDAQ:AFRM) shares are trading lower Tuesday following a report indicating Walmart Inc’s (NYSE:WMT) majority-owned startup One has started offering buy now, pay later services. What To Know: According to a CNBC report, Walmart-backed fintech startup One has…
Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page. Susquehanna raised the price target for Impinj, Inc. (NASDAQ:PI) from…
Spotify Technology SA (NYSE:SPOT) reported fiscal first-quarter 2024 revenue growth of 20% year-on-year to $3.95 billion (3.64 billion euros), beating the consensus of $3.85 billion. EPS of $1.05 (97 cents) beat the consensus of $0.70. Premium Revenue grew 20% year over year to 3.25…
U.S. stocks traded mixed this morning, with the Dow Jones index gaining more than 100 points on Thursday. Following the market opening Thursday, the Dow traded up 0.34% to 37,880.89 while the NASDAQ fell 0.16% to 15,658.94. The S&P 500…
