The nation’s fourth largest credit card company had a blowout quarter, while it waits for the Capital One merger to get approved. The nation’s fourth largest payment processor, Discover Financial Services (NYSE:DFS) had a huge second quarter, with profits rising 70% year-over-year. Discover stock was surging after earnings were released… Continue reading Discover Financial Sees...
Are you new to crypto? Or are you an experienced trader? Never mind, you could have never missed the stories of Dogecoin’s surge, at least not “from the stands”. The DOGE price has pumped by over 125000% ever since its all time low. It was launched almost 10 years ago.… Continue reading Missed Dogecoin’s 125000%...
Three big banks posted earnings Wednesday: Here’s how they did. Bank stocks traditionally kick off every earnings season, and they often prove to be bellwethers for earnings for that particular quarter. On Wednesday, three major banks posted earnings — Synchrony Financial (NYSE:SYF), Ally Financial (NYSE:ALLY), and U.S. Bancorp (NYSE:USB) —… Continue reading Synchrony, Ally, and...
Global chip stocks have collectively suffered this week amid rising geopolitical tensions Dutch chipmaker ASML Holdings’ (AMS: ASML) stock fell more than 10% Wednesday despite Q2 earnings and sales that beat consensus estimates. The slump came amid comments by former president Donald Trump that Taiwan should pay the US for… Continue reading ASML Stock Plunges...
Discover why buy-and-hold advocates oppose valuation-based market timing despite its proven benefits It’s a mystery why the buy-and-holders are so opposed to valuation-based market timing. Common sense tells us that it must work — it’s through valuation-based market timing that we exercise price discipline when buying stocks, and we now… Continue reading Your Stock Investing...
Democrats and Republicans certainly have their differences, even when it comes to investing The political differences between the two major parties in the United States are clear and stark, and that is no surprise to anyone who has paid even the least bit of attention in recent years. But what… Continue reading The Top 10...
The attempted assassination of former president Trump may have artificially inflated Rumble’s value Rumble (NASDAQ:RUM) stock leaped 20.71% higher to $7.17 on Monday. However, with less-than-ideal financials, the video-sharing platform’s recent rally probably doesn’t represent its potential. Rumble, the platform said to be “immune to cancel culture,” is an alternative… Continue reading Rumble Stock Soars...
Financial services behemoth Morgan Stanley (NYSE:MS) reported strong second quarter earnings with profits rising 47%, pushing Morgan Stanley stock higher. The firm generated $15 billion in revenue, an 11% year-over-year increase, besting estimates by 5%. Net income surged 41% year-over-year to $3.1 billion, while earnings per share rose 47% to… Continue reading Morgan Stanley Earnings:...
UnitedHealth exceeded Q2 forecasts with $98.9B in revenue and $6.80 EPS, despite a costly cyberattack, rising medical costs, and strategic shifts impacting its 2024 outlook. US insurance giant UnitedHealth posted better-than-expected Q2 earnings Tuesday, with revenue up more than 6% year-on-year. The S&P 500 firm reported earnings per share (EPS)… Continue reading UnitedHealth Earnings Up...
Bank of America (NYSE:BAC) stock was rising on Tuesday after the firm posted its second quarter earnings. While the bankʻs profits were down year-over-year, they came in better than anticipated. The second largest bank in the U.S. posted revenue of $25.4 billion in the second quarter, which was slightly more… Continue reading Bank of America...