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Updated: 1 hour 32 min ago

What's Going On With Meta And Apple Shares?

Thu, 02/01/2024 - 21:31
Meta Platforms saw its shares melt higher post-earnings, with investors swarming. On the contrary, Apple shares faced selling pressure. Let’s take a closer look at the releases

EUR/USD Price Analysis: Advances To Near 1.0870 Followed By Barrier Around 21-Day EMA

Thu, 02/01/2024 - 21:10
EUR/USD consolidates on recent losses registered in the previous session, hovering around 1.0870 during the Asian session on Friday

Strong Session; After Hours Earnings From AAPL, AMZN, META & More

Thu, 02/01/2024 - 20:50
Today’s big news, however, is here after the closing bell: earnings reports from some of the biggest names, including three of the so-called “Magnificent 7” stocks

GM Shifting From EVs To Plug-In Hybrids, Following Industry Trends

Thu, 02/01/2024 - 20:30
General Motors posted better-than-expected earnings earlier this week and said that it plans on changing its product lineup to include more hybrid vehicles, drifting away from pure electric vehicles

Current Analysis: Xerox Holdings

Thu, 02/01/2024 - 20:10
Xerox Holdings Corp is an original equipment manufacturing and software company. Over the past year, Xerox's share price rose about 13% from $16.38 to $18.53 as of Thursday’s market close

Financial Markets Report For Thursday, February 1

Thu, 02/01/2024 - 19:50
In this video, Ira Epstein reviews the activity in the Financial Markets after the day that just ended, Thursday, February 1

Asia Morning Bites For Friday, February 2

Thu, 02/01/2024 - 19:30
South Korea's inflation comes in below expectations. US non-farm payroll release later tonight. Powell slated to speak again at the weekend

USD/CAD Remains On The Defensive Below 1.3400, Investors Await US NFP Data

Thu, 02/01/2024 - 19:10
The USD/CAD pair remains on the defensive below the 1.3400 mark during the early Asian trading hours on Friday. The pair snaps a four-week winning streak as the US Dollar loses its recovery momentum and drops to 103.00

S&P 500 Surges Spearheaded By A Big Tech Revival

Thu, 02/01/2024 - 18:50
Strong economic growth, an A.I. fillip, ebbing inflation, and Fed rate cuts in the pipeline are ostensibly one of the most bullish elixirs for Wall Street stocks; hence, ebullient investors reembarked on yet another S&P 500 summit climb

Meta Platforms Announces Q4 Earnings: Introduces Dividend Payment

Thu, 02/01/2024 - 18:30
Meta Platforms Inc. revealed its fourth-quarter financial report on Thursday. The tech giant’s outcomes came better than anticipated as revenue came at $40.1 billion, surpassing the consensus estimate of $39.18 billion

Apple Slides On Plunging China Sales, Service Revenue Miss, Disappointing Guidance

Thu, 02/01/2024 - 18:17
While the numbers were mixed, the good news is that AAPL managed to avoid a 5th consecutive quarter of annual revenue declines...

Stocks Rally On February 1, 2024 Ahead Of The January Jobs Report

Thu, 02/01/2024 - 17:51
We saw the S&P 500 rebound some today and managed to stall at 4900; it was the spot where the index opened yesterday. Given the results from Meta and its big move higher, it seems we could fill that gap tomorrow

Why Gold And Silver Reacted To The Fed Like They Did

Thu, 02/01/2024 - 17:37
A discussion about how yesterday's meeting will be impacting gold and silver prices in the months ahead.

Bullish Hammer For Russell 2000 At 50-Day MA

Thu, 02/01/2024 - 17:16
It was a good finish for the Russell 2000 as the index closed the day with a bullish 'hammer' at its 50-day MA.

New Month’s Data Starts Out With Leading Indicators In Both Manufacturing And Construction Indicating Expansion

Thu, 02/01/2024 - 17:03
The ISM manufacturing index has been a good leading indicator in that sector for 75 years.

Quickly Out Of The Gate

Thu, 02/01/2024 - 16:52
As money sloshes around the world, the 2024 investing race has a long way before it’s over, but at least the stock market has quickly gotten out of the gate and built a small lead.

Meta Announces First Ever Dividend Of $0.50

Thu, 02/01/2024 - 16:40
Meta Platforms, Inc. reported fourth-quarter earnings of $14.02 billion.

Getting Physical: Why Bullion Has Outperformed Gold Stocks

Thu, 02/01/2024 - 16:29
​​​​​​​Gold prices have been on a tear, with bullion prices ripping upward since the outbreak of war in the Middle East late last year.

S&P High Yield Dividend Aristocrats Rebalance: Let’s Welcome The 18 Newest Members

Thu, 02/01/2024 - 16:19
The S&P High Yield Dividend Aristocrats includes large-, mid-, and small-cap companies in the U.S. that have raised their dividends for at least 20 consecutive years.

Amazon Soars After Beating Estimates, AWS Profit Impresses, Guides Higher

Thu, 02/01/2024 - 16:10
The company beats expectations on both revenue ($169 billion), EPS ($1.00 vs 78c), and operating income ($13.2 billion).

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