font size Investors are looking for evidence that Amazon.com is making progress in its cost containment efforts. David Ryder/Bloomberg Amazon . com shares fell in late trading Thursday after the company posted mixed fourth-quarter results, with better-than-expected revenue growth but weaker-than-expected earnings, largely due to a loss to the company’s stake in the electric power … Read more
The options market has prepared for bigger-than-usual moves in the shares of a trio of billion-dollar companies the day after they reported their quarterly results. That’s because the implied volatility, or how much a stock is expected to move in a given time period, of the stock for Apple Inc. AAPL, +3.12%, Alphabet Inc. google, … Read more
Ahead of Big Tech Earnings, Meta Results Poised to Lighten Nasdaq Composite COMP for Thursday. The S&P 500 SPX also points to gains as investors have a glass-half-full view of the Fed meeting. LaDucTrading.com founder Samantha LaDuc is concerned that investors are in the throes of another Fed error. “The market is not pricing in … Read more
For years, Wall Street grumbled at Silicon Valley’s refusal to pay dividends and buy back stocks as technology companies grew into money-generating machines. That is no longer a problem, even if those tech companies make less profit than in previous years. In fact, some tech companies are effectively paying off Wall Street even as they … Read more
Life of Snap Inc. as a fast-growing young tech stock is over, and its rivals are about to show how much of that change is about Snapchat. “From our recent conversations with our partners, it appears that ad demand hasn’t really improved, but hasn’t gotten much worse either,” Snap co-founder and CEO Evan Spiegel told … Read more
Font size Pfizer said it expects Covid-19 vaccine sales to fall to $13.5 billion by 2023. Mario Tama/Getty Images Pfizer on Tuesday set guidance for fiscal year 2023 well below consensus figures from Wall Street, dampening investor expectations ahead of what is expected to be a sharp drop in sales of Covid-19 products. Shares fell … Read more
The share of Tesla Inc. extended its rally on Friday, pushing weekly gains to nearly 35% as investors cheered the EV maker’s earnings and CEO Elon Musk’s assurance that demand isn’t a problem at Tesla. Tesla shares ended at their highest level since Dec. 9, when they closed at $179.05. The stock also extended its … Read more
