Alphabet (NASDAQ: GOOGL), the parent company of and indeed better known as Google, made a splash at the stock market’s close on April 25 with a most impressive earnings report for the first quarter of 2024.Indeed, the technology giant reported revenue of $80.54 billion – 2.34% above the predicted $78.70 – and earnings per share (EPS) of $1.89 – a stunning 25.61% better than the forecast $1.50.Other standout elements of the report include the quadrupling of its cloud business and its persistent and large-sca ...

Snowflake (NYSE: SNOW) has experienced fluctuations throughout 2024, resulting in a negative overall performance. Furthermore, technical indicators are now showing signs of pessimism towards SNOW stock.Adding to the woes of a nearly 20% year-to-date price decline, SNOW shares have formed a Death Cross, marking the first downward-sloping 200-day moving average in their history.SNOW stock Death Cross with a 200-day moving average. Source: Barchart A Death Cross in stocks happens when their short-term moving a ...

Although criticism is growing regarding the ethics and fairness of individuals trading stocks of companies in which they have extensive insider information, such a practice continues, with one of the recent examples including a former Tesla (NASDAQ: TSLA) top engineering executive.Specifically, Andrew Baglino, who resigned from his position as the senior vice president of powertrain and energy engineering at Tesla a couple of weeks ago, has sold over 1.1 million TSLA shares worth about $181.4 million, accor ...

Despite popular belief, most millionaires did not become so overnight. In fact, the most straightforward way to becoming a millionaire is through detailed research of the company valuation and stock market, patient and methodic investing approach, and close observation of the current economic trends. In other words, growth investing is your best bet to reach a net worth of a million dollars, and today’s article will list three must-buy stocks for serious growth for you to consider buying.What are growth sto ...

Among the standout performers dubbed the ‘Magnificent Seven,’ Meta (NASDAQ: META) shines with an impressive 42% year-to-date growth, fueling analyst optimism and setting high revenue targets for the second quarter. Analysts are bullish on Meta due to its focus on efficiency and profitability, exemplified by its recent introduction of dividend payments and its massive global reach, which engages nearly half the world’s population.However, challenges such as rising interest rates and Wall Street’s skepticism ...

Investors are accustomed to seeing insiders make profitable trades, especially among US politicians. However, there are times when these insiders make mistakes and lose a significant portion of their investment in a short period.This is precisely what happened to Rep. Michael McCaul. On April 4 and 5, he purchased $350,000 worth of Meta (NASDAQ: META) stock before voting ‘yes’ on the TikTok ban bill.Unfortunately for him, his trade didn’t pan out as expected, at least not in the short term. META stock dropp ...

The electric vehicle (EV) industry is witnessing a major shift as Tesla (NASDAQ: TSLA) announces plans to speed up the launch of more affordable vehicles, contrary to previous speculations. This move by the EV giant has stirred considerable excitement among investors, reflecting positively on the stock market. Yet, there’s another EV stock worthy of investors’ attention, and it’s already leading the value pack.Tesla accelerates affordable model rolloutIn a groundbreaking development, Tesla revealed its deci ...

In the first quarter, Tesla’s (NASDAQ: TSLA) shares dropped by over 40% due to growth challenges. Analysts have lowered their expectations for Q1 earnings. Tesla faced significant hurdles in the first quarter, including fierce competition from Chinese rivals and decreased consumer demand, leading to a sharp decline in its stock value. Price reductions in late 2023 further squeezed profit margins, and revenue growth slowed. As anticipated, Tesla’s fiscal 2024 first-quarter earnings have suffered a significan ...

The stock market’s strong performance in 2024 has made many investment options too expensive for some traders. However, with the recent pullback, an opportunity has emerged to invest in excellent value picks with $100.Finbold has analyzed current market trends and fundamentals to identify three compelling stocks investors should consider adding to their portfolios.Bank of America (NYSE: BAC)Bank of America (NYSE: BAC) faces the cyclicality of money-center banks, which ride the ups and downs of the US econom ...

The soft drinks industry offers an enticing investment opportunity, notably with the dominance of two key players: Coca-Cola (NYSE: KO) and PepsiCo (NASDAQ: PEP). Both companies present compelling arguments for investment. Yet, Finbold analyzed their current trends, recent performance, and fundamental aspects to determine which makes a stronger case for investment.An argument for PepsiCoPEP stock demonstrated resilience in challenging market conditions, showcasing its prowess in maintaining sales growth and ...