In 2024, we’ve witnessed significant insider selling across various companies, including big names like Nvidia (NASDAQ: NVDA), Meta Platforms (NASDAQ: META), and Amazon (NASDAQ: AMZN). Adding to this trend is the insider trading activity surrounding Walmart (NYSE: WMT). Most notably, Walmart’s CEO and President, Doug McMillon, recently sold 29,124 WMT shares at an average price of $60.03, totaling $1.7 million on April 25.WMT stock insider trading activity. Source: Barchart WMT stock has experienced heavy i ...

There aren’t many names in the world of finance that command as much attention and speculation as BlackRock (NYSE: BLK). With its colossal $10.47 trillion in assets under management (AUM) as of Q1 2024, the company often prompts questions about the extent of its influence and ownership. Indeed, you’ve probably heard the question, “Does BlackRock own everything?” and wondered about it, too.In this article, we’ll delve into the reality behind this question, examining BlackRock’s holdings, acquisitions, and po ...

Following the market’s close on Tuesday, April 30, the stock of Advanced Micro Devices (NASDAQ: AMD) – on of the main semiconductor firms in the world and Nvidia’s (NASDAQ: NVDA) competitor in the artificial intelligence (AI) chip race – took a significant extended trading hit after releasing its earnings report for the first quarter of 2024.While AMD managed to slightly beat expectations and logged $0.62 earnings-per-share (EPS) compared to the estimated $0.61 and revenue of $5.47 against the forecast $5.4 ...

As war between Israel and Hamas broke out, several companies were publicly targeted as financial supporters for the Israeli side, with Starbucks (NASDAQ: SBUX) being one of them.The boycotts against Starbucks, particularly in the Middle East, profoundly impacted the company’s operations. The coffee shops were left empty, compelling Starbucks to significantly adjust its financial targets and scale back its operations.As its latest quarterly report shows, Starbucks’ earnings were significantly impacted, with ...

Tesla Inc. (NASDAQ: TSLA), a prominent player in the electric vehicle (EV) sector, has witnessed a significant uptick in its stock value in recent times.According to data provided by S3 Partners, Tesla’s short sellers have encountered substantial losses, exceeding $5 billion over the past five days. This decline in short positions coincides with a notable surge of nearly 40% in Tesla’s stock price following the release of the company’s latest quarterly results.Amidst the ongoing surge in Tesla’s stock price ...

The stock price of the digital payment platform PayPal (NASDAQ: PYPL) is poised to extend its positive 2024 run after reporting better-than-expected earnings. Notably, the equity has defied market uncertainty, outperforming the stock market in a week marked by various economic data announcements.By press time, PayPal was trading at $67.90, reflecting a surge of almost 2% for the day. Year-to-date, the equity has risen by over 10.48%. PYPL YTD seven-day price chart. Source: FinboldPayPal earnings beat estima ...

After a rough start to 2024, Tesla (NASDAQ: TSLA) is starting to see some positive movement. In the last five trading sessions alone, TSLA stock has surged by 35%, jumping from $142 to $194 at the latest close.TSLA stock 5-day stock price chart. Source: Google FinanceThe unexpected surge has taken many investors off guard, causing short-sellers to lose more than $5.5 billion on their bets. Initially, they anticipated TSLA shares would continue declining after earnings due to Tesla falling short of analyst e ...

Though Apple (NASDAQ: AAPL) is far from the worst-performing major company of 2024, its decline since the start of the year has certainly been alarming, given the technology giant’s status as one of the strongest firms of the last 10 years.The tail end of April, however, finally brought a substantial respite to AAPL enthusiasts and investors as the stock made a sharp and notable rally ahead of its upcoming earnings report, igniting hopes that the downtrend might be over. One expert – the energetic host of ‘ ...

While Nvidia (NASDAQ: NVDA) excelled in the stock market last year and carried its success into 2024, the recent period has seen a slowdown, with NVDA stock struggling to surpass the $900 mark and Nvidia shares down -$26.06 (-2.88%) in the past month at $877.57.Given this situation and its high current price, investors might consider turning to another AI-focused stock—Amazon (NASDAQ: AMZN)—which is priced much lower and offers various avenues to success.Diversification as a key argumentWhile Nvidia holds a ...

Some traders take a patient approach, playing the long game and unconcerned with immediate changes, while others prefer dynamic, short-term strategies for quick profits.In the case of Advanced Micro Devices (NASDAQ: AMD) stock, a strategy involving entering a position when a bullish moving average convergence/divergence (MACD) cross occurs and exiting when a bearish MACD cross appears has yielded a remarkable 123% return over the past three years, compared to an 85% return with a simple buy and hold strateg ...