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Watch These Meta Price Levels as Stock Hits Record Highs on AI Optimism
Investopedia· 2025-02-04 18:41
Key TakeawaysMeta shares moved higher Tuesday after setting a record close yesterday, as investors bid up the stock in the aftermath of a solid quarterly earnings report and optimism about the company's AI-related growth opportunities.The measuring principle projects a shorter-term bullish target at $755, while bars pattern analysis forecasts a longer-term upside target of around $935.Investors should monitor major support levels on Meta's chart around $632 and $600. Meta (META) shares moved higher Tuesday ...
PayPal Stock Tumbles on Lower-Than-Expected Adjusted Earnings
Investopedia· 2025-02-04 16:26
Key TakeawaysPayPal shares fell Tuesday morning after the company's adjusted earnings fell short for the fourth quarter.The company's projections for adjusted earnings per share in the first quarter and 2025 also missed estimates.Revenue and net income beat estimates, and PayPal also announced a new $15 billion stock buyback program. Shares of PayPal slumped Tuesday as the payment platform's adjusted earnings missed estimates for the final quarter of 2024. The owner of its namesake platform and others such ...
ADM to Cut Jobs as Soft Oilseed Demand Hurts Results
Investopedia· 2025-02-04 16:26
Key TakeawaysArcher-Daniels-Midland missed fourth-quarter earnings and revenue estimates as oilseed demand weakened.The agriculture commodities giant saw its Crushing subsegment operating profit plunge 46% year-over-year.ADM plans to cut $500 million to $750 million in costs over the next three to five years, which includes laying off 600 to 700 workers in 2025. Archer-Daniels-Midland (ADM) shares lost ground Tuesday when the producer of agricultural commodities posted weaker-than-expected results and said ...
Merck Stock Slumps as Q4 Profits, 2025 Forecast Fall Short
Investopedia· 2025-02-04 15:08
Key TakeawaysMerck shares fell sharply Tuesday morning after the drugmaker's profits and 2025 outlook fell short of estimates.Revenue and adjusted earnings, however, managed to top expectations.Sales of a few Merck drugs were hit by lower international demand and lower pricing in the U.S., the company said. Merck shares tumbled Tuesday morning after the drugmaker's soft outlook outweighed fourth-quarter revenue that topped expectations. Merck (MRK) reported $15.62 billion in revenue for the quarter, up 7% y ...
Why Tesla's Stock Tumbled After Trump Tariff Orders
Investopedia· 2025-02-03 21:35
Key TakeawaysTesla was the worst-performing Magnificent Seven stock on Monday, falling more than 5%, after President Trump moved to impose stiff tariffs on America's largest trading partners.The automotive industries of the U.S., Canada, and Mexico, are deeply intertwined; Tesla vehicles, despite being assembled in the U.S., contain parts from Canada and Mexico.Some Canadian officials have proposed directing retaliation at President Trump and his allies, including Tesla's CEO Elon Musk and Republican-led st ...
What Analysts Think of AMD Stock Ahead of Earnings
Investopedia· 2025-02-03 21:15
Key TakeawaysAdvanced Micro Devices is set to report fourth-quarter earnings after the closing bell Tuesday.Its stock has taken a hit, losing over a third of its value in the past 12 months amid concerns about the company's outlook and ability to compete with Nvidia's offerings.However, analysts are more bullish than bearish on the stock, and suggested AMD could continue to benefit from strong spending on AI along with rivals. Advanced Micro Devices (AMD) is set to report its fourth-quarter results after th ...
Watch These Nvidia Stock Price Levels Amid Continued Slump for AI Favorite
Investopedia· 2025-02-03 21:10
Key TakeawaysNvidia shares fell Monday after the Trump administration said over the weekend it would impose tariffs, adding to steep losses for the stock that were fueled by concerns related to Chinese startup DeepSeek's low-cost AI model.Nvidia shares broke down below a seven-month rising wedge pattern last week on the highest trading volume since August 2023, suggesting institutional selling participation.Investors should watch key support levels on Nvidia's chart around $96, $76, and $50, while also moni ...
What Analysts Think of Amazon Stock Ahead of Earnings
Investopedia· 2025-02-03 20:35
Key TakeawaysAmazon is set to report fourth-quarter results after the market closes Thursday.Analysts are overwhelmingly bullish on the tech titan's stock, with all 27 analysts tracked by Visible Alpha issuing a “buy” or equivalent rating.Jefferies analysts called Amazon a top pick for enterprise artificial intelligence. Amazon (AMZN) is slated to report its fourth-quarter results after the market closes Thursday, with analysts overwhelmingly bullish on the tech titan's stock. All 27 analysts covering the s ...
What Analysts Think of Eli Lilly Stock Ahead of Earnings
Investopedia· 2025-02-03 18:40
Core Insights - Eli Lilly (LLY) is anticipated to report fourth-quarter earnings, with expectations of increased sales and profits following the resolution of shortages for its weight-loss drugs [1][7] Financial Performance - Analysts project Eli Lilly will achieve $13.63 billion in revenue for the fourth quarter, representing a year-over-year increase of over 45% due to the success of its weight-loss drugs [3] - Net income is expected to more than double from the previous year to $4.58 billion, equating to $5.06 per share [3] Analyst Ratings - Among analysts tracking Eli Lilly, 10 out of 11 have rated the stock as a "buy," with one "hold" rating, and the average price target is nearly $986, indicating a 21% premium over recent trading levels [2] Sales Forecast Adjustments - The company had previously lowered its sales expectations for the fourth quarter, with anticipated revenue around $13.5 billion for the quarter and $45 billion for the full year [5][4] - CEO David Ricks indicated that production of salable doses of weight-loss drugs is expected to be 60% higher in the first half of this year compared to the same period in 2024 [5] Market Context - Eli Lilly and its competitor Novo Nordisk (NVO) have experienced demand consistently outpacing supply for their weight-loss drugs, with Lilly's products removed from the FDA's shortage list late last year [6] - Despite a recent decline from record levels, Eli Lilly shares have increased by over 20% in the past year [7]
What Analysts Think of Google Parent Alphabet's Stock Ahead of Earnings
Investopedia· 2025-02-02 21:34
Key TakeawaysGoogle parent Alphabet is set to report fourth-quarter results after the market closes Tuesday, with analysts mostly bullish on the tech giant's stock.Analysts expect the tech giant to report growing revenue and profits. Alphabet's AI plans will also likely be in focus after the rise of a sophisticated, cost-efficient AI model from Chinese startup DeepSeek raised concerns about Big Tech's spending on AI. Google parent Alphabet (GOOGL) is slated to report its fourth-quarter results after the ma ...