General Motors aims to regain the trust of investors by announcing a series of initiatives on Wednesday, following a challenging year involving labor strikes and struggles with its electric and autonomous vehicle plans. The Detroit automaker plans to boost its quarterly dividend by 33% to 12 cents per share, along with launching an accelerated $10…
Gap Inc. reported better-than-expected third-quarter earnings on Thursday, leading to a stock price jump of more than 15% in extended trading. The company exceeded Wall Street’s estimates for profits and same-store sales, but remains cautious ahead of the holiday season as it grapples with underperforming brands, Banana Republic and Athleta. In the third quarter, Gap…
“Dividend Monarchs: The Safe Play for Investors in Uncertain Times” Investors worried about market volatility may want to consider stocks that have consistently proven themselves over time – also known as dividend monarchs. This strategy is favored by Roundhill Investments, which recently launched its S&P Dividend Monarchs ETF. “It’s named that for a reason. It…
SolarEdge, Qualcomm, Etsy, Electronic Arts, Roku, DoorDash, Tandem Diabetes Care, e.l.f. Beauty, Airbnb, Clorox, Zillow Group, Mondelez International, and Sarepta Therapeutics are among the companies that made headlines in extended trading. SolarEdge, a solar stock, experienced a steep decline of 23% after releasing a disappointing third-quarter report and a pessimistic outlook for the current quarter’s…
WeWork, the shared workspace company, is facing a significant setback as its shares plummeted by 35.5%. This decline follows a report from the Wall Street Journal that the company is planning to file for Chapter 11 bankruptcy protection in the coming week. Another notable company, Advanced Micro Devices (AMD), also experienced a dip in its…
Midday trading has seen several companies making headlines in the stock market. One such company is SoFi Technologies, whose shares have been fluctuating as traders digest the company’s latest quarterly results. SoFi reported a significant beat in third-quarter revenue and raised its outlook for the full year. The company’s revenue of $531 million surpassed the…
Honeywell (HON) shares faced a decline on Thursday following the release of their third-quarter results, which were deemed disappointing by investors. The industrial conglomerate managed to exceed expectations in terms of earnings and cash flow, albeit only slightly. However, the overall outlook for the remainder of the year did not offer much to spark enthusiasm….
Title: S&P Oscillator Signals Investor Concerns as S&P 500 Dips by 1.4% In a recent market move, the S&P Oscillator has ventured further into oversold territory following a notable 1.4% decline in the S&P 500 on Wednesday. This development has prompted significant action from investors and market participants. The S&P Oscillator, utilized to assess market…
Microsoft, Alphabet, Visa, Snap, Texas Instruments, CoStar Group, and Stride were the companies grabbing attention in extended trading. Shares of Microsoft surged by over 3% after the tech giant reported its fiscal first-quarter results, surpassing analysts’ expectations. The company’s earnings per share stood at $2.99 on $56.52 billion in revenue, outperforming forecasts of EPS at…
Major US Banks Report Strong Earnings in Q3 Despite Challenging Environment In a challenging macroeconomic environment and concerns about the health of the banking sector, the largest financial institutions in the US have all reported earnings beats for the third quarter. While some businesses did better than others, their stock prices have not yet reflected…
