Key Takeaways Analysts estimate adjusted EPS of $0.47 vs. $0.57 in Q3 FY 2021. Aviation revenue is expected to grow at the second-fastest place in at least four years. Aviation will be GE’s sole business by 2024 after the conglomerate spins off healthcare, power, renewable energy and other units. General Electric Co. (GE), the once-dominant
In this article GOOGL META THC SIVB WHR SNAP RHI CSX Follow your favorite stocksCREATE FREE ACCOUNT Snapchat logo displayed on a phone screen is seen with a laptop in the background in this illustration photo taken in Krakow, Poland on August 10, 2022. Jakub Porzycki | Nurphoto | Getty Images Check out the companies
For years, Tesla (TSLA) has been the untouchable king of the global electric vehicle industry. But its subpar third-quarter earnings report proved that’s no longer true – and that other EV stocks are rapidly stealing Tesla’s thunder. Tesla reported quarterly numbers last night. They weren’t very good. Earnings beat, but that was about it. Revenues,
Financial markets mostly shrugged Thursday after U.K. Prime Minister Liz Truss said she will resign next week amid a Conservative Party revolt against her leadership. It was a far cry from the market response to the Truss government’s initial fiscal blueprint, which sent the British pound to a record low against the U.S. dollar, prompted
It’s a scientific reality that people don’t operate well when they are anxious, but it also sets up an intriguing opportunity for sizzling stocks to buy. Essentially, with many investors panicking out of their positions, the dynamic presents discounted opportunities for battle-hardened contrarians. While this framework isn’t an easy one to adopt, it can also
A Wisconsin taxpayers’ group asked the Supreme Court to block President Joe Biden’s student debt relief program, just days after the application was officially launched. Key Takeaways The BTCA’s Journey The Brown County Taxpayers Association filed a lawsuit earlier this month in Eastern Wisconsin’s Federal District Court against President Biden and U.S. Department of Education
Luke Gromen talks with Preston Pysh about all the important macro trends for the 1st Quarter of 2022. IN THIS EPISODE, YOU’LL LEARN: 0:00:00 – Intro 0:00:18 – Luke’s Overview of the Macro Landscape. 0:12:31 – Luke’s Thoughts on the Dollar for the First Half of 2022. 0:20:13 – China’s Shift in Monetary Policy. 0:20:36
This year has been a horrible one for investors thus far. That said, there’s now opportunity for those who may be looking for retirement stocks to buy in a bear market. Amid a gloomy September inflation report, it appears inflation data have yet to capitulate. This likely means more rate hikes from the Federal Reserve
Medicare imposes penalties on people who don’t sign up for the program’s health insurance before enrollment deadlines by charging them higher premiums, often permanently. You can avoid penalties by signing up for Medicare Part D—prescription drug coverage—when you first become eligible. However, not everyone needs Medicare at age 65, and in many cases, a person
Robotics ETFs provide a convenient way to gain diversified exposure to robotics, artificial intelligence and automation companies. Rbo Global Robotics and Automation ETF: https://www.zacks.com/funds/etf/ROBO/profile?cid=CS-YOUTUBE-FT-VID Global X Robotics and Artificial Intelligence Thematic ETF: https://www.zacks.com/funds/etf/BOTZ/profile?cid=CS-YOUTUBE-FT-VID Follow us on StockTwits: stocktwits.com/ZacksResearch Follow us on Twitter: twitter.com/ZacksResearch Like us on Facebook: www.facebook.com/ZacksInvestmentResearch
The cruise industry is working hard to recover from the pandemic, and bookings have been on an upswing lately. The U.S Centers for Disease Control recently lifted Covid 19 related restrictions, which could be a major catalyst in growing bookings in the latter half of the year. Indeed, cruise stocks remain among the highest-leverage plays
Key Takeaways American Airlines’ load factor came in below analyst predictions. Load factor measures the percentage of seating capacity being filled by paying passengers. It fell sharply in FY 2020 amid the COVID-19 pandemic and related travel restrictions. Earnings and revenue beat expectations by a wide margin. Source: Predictions based on analysts’ consensus from Visible Alpha
It’s hard to even know where to begin when detailing the difficulties surrounding Carvana’s (NYSE:CVNA) stock. First of all, the company has legal issues to deal with in Michigan and Pennsylvania. Additionally, the U.S. Federal Reserve will probably continue to raise interest rates. These difficulties should cause prospective investors to think twice about buying CVNA stock. To
While few investors enjoy suffering red ink on their portfolios as it materializes, the velocity of erosion this year has led to red-hot stocks to snap up. Indeed, last year, many market participants bemoaned that their favorite opportunities became priced into the stratosphere. Now, the volatility presents a time machine of sorts. Fundamentally, the downgrade
JPMorgan (JPM) named Aaron Iovine, the former head of policy and regulatory affairs at bankrupt cryptocurrency lender Celsius Network, to run crypto regulatory policy, less than a month after CEO Jamie Dimon called the asset class “decentralized Ponzi schemes.” What You Need to Know JPMorgan has hired Aaron Iovine as its new head of crypto regulatory policy.
In this article IBM ALL T NVDA TSLA DDOG KMI Follow your favorite stocksCREATE FREE ACCOUNT Elon Musk looks at a robot display during a tour of the new Tesla Motors auto plant, formerly operated New United Motor Manufacturing Inc. (NUMMI), in Fremont, California, U.S., on Wednesday, Oct. 27, 2010. Bloomberg | Bloomberg | Getty
This has been a rough year for stocks. Every time the market has tried to bounce, some fresh news has come out, triggering another selloff. With inflation still running hot and the Federal Reserve set for more rate hikes, investors need to be cautious. That said, with the market down this far, there are some
Though electric vehicles may be the future, the market doesn’t see it that way at the moment, with several EV stocks suffering from the current market rout. Nevertheless, astute and daring investors may want to target this sector for speculative (and long-term) acquisitions. With myriad factors affecting this market segment, betting on the electrification of
Small Business Saturday is an annual event that was created to encourage consumers to shop locally in person and online at small businesses. This event takes place every November and represents a significant opportunity to increase sales for small businesses during the holiday shopping season. The concept was first introduced by American Express in 2010
While value-oriented equities present arguably the safest investment platform during a market rout, contrarians may want to consider some of the more compelling and relevant growth stocks to buy. After all, these troubles likely won’t be a permanent affair. And at some point, the broader economy must get on with the business of moving on.