The 3M $MMM board approved a $6 billion (133.9 billion CZK) settlement to resolve claims that its earplugs caused hearing loss among veterans. With this approval, the company shut down analyst estimates that were higher than the final settlement amount.
People connected to the matter told The Wall Street Journal that the settlement will be paid over multiple years. Shares of 3M... Read more
California-based communications company Zoom reported results for the second quarter of fiscal year 2024. The results were above expectations and the company raised its outlook for fiscal year 2024. Analysts are positive on the results. Citi was expecting a stronger outlook and Piper Sandler is concerned about continued optimization and high competition.
Danish jewelry retailer Pandora reported 2Q 2023 results. Ebit and organic sales beat expectations and the company raised its organic sales guidance. The company also decided to expand its lab diamond sales into the US, UK and Canada.
2Q results
Organic sales grew by 5% against an estimate of 3.06%. Pandora achieved Ebitda of DKK 1.69bn against an estimate of DKK 1.7bn. Gross... Read more
Barclays has identified several European stocks that it believes could benefit from an environment of falling inflation.
Disinflation - the slowing rate of inflation - is particularly tricky for some companies because their profits are not growing in line with cost pressures.
Inflation in the eurozone fell to 5.3% in July from a peak of 10.6% in October 2022. With interest rates... Read more
Investors are always looking to outperform the market and are looking for stocks that deliver consistent long-term gains. And perhaps to the surprise of some, many non-tech stocks have outperformed the impressive 250% gain of the S&P 500 index over the past decade.
Three stocks - Builders FirstSource $BLDR, Live Nation Entertainment $LYV and Domino's Pizza $DPZ - have... Read more
Disney $DIS revenue increased 3.8% year-over-year. The company generates revenue from two segments, media and entertainment and parks, experiences and products
Media and Entertainment segment revenue decreased 0.8% year-over-year to $14 billion. Analysts were expecting USD 14.36 billion.
Parks, Experiences & Products segment revenue increased 13% year-over-year to $8.33... Read more
Shares of Microsoft $MSFT fell as much as 4% in extended trading Tuesday after the software maker issued a quarterly revenue forecast that fell short of analysts' expectations.
Earnings: $2.69 per share versus $2.55 per share as expected by Refinitiv. Revenue: $56.19 billion versus $55.47 billion as expected by Refinitiv.
On a conference call with analysts, Amy Hood, Microsoft's... Read more
Pixie Dust, a Japanese company developing innovative personal care products and space technology, is in high anticipation. The long-awaited event, a listing on the U.S. stock exchange through an initial public offering (IPO), is scheduled for August 1. The move is a major step towards global expansion and will enable the company to reach new levels of success.
I've never heard of mechanobiology, just from those few sentences it sounds like the field of the future. I don't know the company at all, but I like IPO stories.
Thanks for the summary and new information. Netflix is going in a good direction and I was surprised to see that they added 5.9 million customers due to password sharing restrictions. I don't own Netflix stock, however I do own Disney stock in portoflio. If NFLX stock somehow dropped significantly, I would happily buy some of the stock.
Since bottoming last October, the S&P 500 Index has rebounded strongly from the bottom - in fact, it has risen approximately 25%. A rally of this magnitude meets the definition of a bull market, and some economists argue that we are experiencing just such a market.
But investment firm Wells Fargo comes with a warning. In a recent warning to investors, investment strategies... Read more
This week's macroeconomic outlook: CPI (Eurozone), industrial production (USA), PPI (Czech Republic, Germany)
Investor focus will be on inflation in the Eurozone, industrial production in the United States and the producer price index to be reported in the Czech Republic and Germany.
Monday
Only the New York manufacturing index will be released during Monday, with the July index... Read more
Nvidia $NVDA, the largest semiconductor company, is seeking to be a key investor in the IPO of a UK chip design company.
SoftBank, Arm's current owner, is going ahead with its plan to float Arm on the stock market through an initial public offering. Nvidia was forced to halt its planned $66 billion acquisition of Arm as it was stopped by antitrust authorities.
Honestly, when that chart shot up like that a few weeks ago, I was expecting more of a punch & dump... but now I'm starting to feel like this stock will just hold that price.
Early stage companies that have huge growth potential and a large addressable market.
By definition, micro-cap stocks are stocks of companies that trade with a value between $50 million and $300 million. It goes without saying that investing in micro-cap stocks is a high-risk play. However, I would not hesitate to allocate a small portion of my portfolio toward these stocks.
Is it the right time to buy $AAPL stock after it crossed $3 trillion?
With a company valuation of around $3 trillion, Apple is not only the largest stock in the world by market capitalization. The stock is leaps and bounds (in terms of valuation) above other "trillion-dollar" stocks.
The only one at least approaching them is Microsoft (NASDAQ:MSFT) with a current valuation of... Read more
AAPL stock makes up the largest position in my portfolio, but I would not buy at the current price. If the share price gets to $160 or lower, I would be comfortable buying.
Yahoo plans to return to the stock market, CEO Lanzone said in an interview with the Financial Times.
Internet media company Yahoo, and one of the top five most visited sites, wants to expand aggressively through mergers and acquisitions, Jim Lanzone further said.
The Apollo Global Management Inc. owned company has had to navigate a difficult online advertising market while... Read more
Yahoo, I don't know, I'll check for sure, but does anyone realistically use Yahoo for anything other than YahooFInance?I take their browser and anything besides finance as a virus, because it always gets into the browser indirectly and unsolicited, and I always delete myself and all my peers as soon as I can... :D
Do you hold these shares mainly for the steady dividend payment? For dividend companies, I would find other stocks.