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Palantir Earnings Are 'A Warning to Peers' as Software Stocks Slump
Investopedia· 2026-02-03 19:36
-- Palantir Earnings Are 'A Warning to Peers' as Software Stocks Slump [Major Indexes Slide as Tech Stocks Tumble][Palantir Stock Soars on Strong Earnings, Outlook][Data Blackout Returns As Shutdown Delays Jobs Report][Where Are Gold and Silver Prices Headed Next?]- Top StoriesPalantir easily topped earnings estimates, sending shares sharply higher on Tuesday.Laurent Hou / Hans Lucas / AFP via Getty ImagesClose### Key Takeaways- Software stocks have slumped this year amid concerns that AI will enable compan ...
Here's How Much Traders Expect AMD Stock To Move After Earnings
Investopedia· 2026-02-03 18:41
-- Here's How Much Traders Expect AMD Stock To Move After Earnings [Major Indexes Slide as Tech Stocks Tumble][Palantir Stock Soars on Strong Earnings, Outlook][Data Blackout Returns As Shutdown Delays Jobs Report][Where Are Gold and Silver Prices Headed Next?]- Top StoriesAMD is expected to report record fourth-quarter revenue, driven by data center sales growth. Here, CEO Lisa Su is seen speaking last month at the CES consumer electronics trade show in Las Vegas.Bridget Bennett / Bloomberg / Getty ImagesC ...
Walmart Made it Into the Exclusive $1 Trillion Club. Here Are the Other Members
Investopedia· 2026-02-03 18:32
-- Walmart Made it Into the Exclusive $1 Trillion Club. Here Are the Other Members [Major Indexes Slide as Tech Stocks Tumble][Palantir Stock Soars on Strong Earnings, Outlook][Data Blackout Returns As Shutdown Delays Jobs Report][Where Are Gold and Silver Prices Headed Next?]- Top StoriesWalmart's stock has been lifted by its addition to the Nasdaq 100 index.Michael Nagle / Bloomberg via Getty ImagesClose### Key Takeaways- The move comes as the shares have posted double-digit gains in 2026.- Walmart's valu ...
Stock Market Today: Major Indexes Decline; Dow Sets New All-Time High Before Pulling Back; Gold, Silver Rebound
Investopedia· 2026-02-03 17:00
Group 1: Disney's CEO Succession - The Walt Disney Co. has appointed Josh D'Amaro as the new CEO, effective March 18, succeeding Bob Iger [1][2] - Iger indicated that Disney is in a better position now than three years ago, having made significant improvements and established new opportunities [2] - Despite better-than-expected earnings results, Disney shares fell 7.4% on the day of the announcement, reflecting investor concerns about the CEO transition [2] Group 2: Retail Sector Leadership Changes - New CEOs have taken charge at Target and Walmart, with differing missions; Target's Michael Fiddelke aims to revive sales, while Walmart's John Furner focuses on customer retention and investor satisfaction [10][11] - Target has experienced a decline in revenue for four consecutive quarters, prompting the need for a strategic overhaul [12] - Investors have reacted negatively to Target's performance, with share prices dropping over 20% in the past year [12]
PayPal Names New CEO as Outlook, Results Disappoint. The Stock Is Tumbling
Investopedia· 2026-02-03 16:28
-- PayPal Names New CEO as Outlook, Results Disappoint. The Stock Is Tumbling [Stocks Surge to Begin Another Busy Earnings Week][Oracle Is Raising Billions to Fund Its AI Buildout][Data Blackout Returns As Shutdown Delays Jobs Report][Where Are Gold and Silver Prices Headed Next?]- Top StoriesWith Tuesday's losses, PayPal shares have lost nearly half their value over the last 12 months.Cheng Xin / Getty ImagesClose### Key Takeaways- PayPal pointed to weakness in its branded checkout operations, and said it ...
Investors Love Palantir's Earnings. The Stock Is Soaring.
Investopedia· 2026-02-03 14:32
Core Insights - Palantir reported better-than-expected quarterly results and a positive revenue growth outlook, leading to a significant increase in its stock price [1][1] - The stock, which had been declining for about three months, saw a premarket rise of approximately 12%, nearing $165, which helps mitigate year-to-date losses [1][1] - Analysts from Citi have set a price target of $260 for Palantir, indicating nearly 80% upside potential from the previous close under $150 [1][1] Financial Performance - The quarterly financial results exceeded Wall Street expectations, contributing to a positive market reaction [1][1] - CEO Alex Karp's optimistic letter further fueled investor confidence in the company's prospects [1][1] Market Context - The strong performance of Palantir may encourage investors to reconsider selling software stocks, despite recent negativity in the sector [1][1] - Citi analysts noted that Palantir's growth momentum is notable in a software market where rapid growth stories are becoming rare [1][1] Analyst Opinions - Jefferies analysts maintain a bearish outlook with a price target of $70, suggesting a potential decline of over 50% from Monday's close, citing more attractive investment opportunities elsewhere [1][1] - The contrasting views from different analysts highlight the ongoing debate about Palantir's valuation and market position [1][1]
The Fed Cut Rates 3 Times—So Why Are Some Savings Accounts Still Paying 5%?
Investopedia· 2026-02-03 13:00
Key Takeaways While Many Savings Rates Have Slipped, the Top APY Is Hanging On at 5% Even after the Federal Reserve cut interest rates three times last fall, the very top savings account rate hasn't budged. The leading APY was already at 5.00% before the first cut in September—and it's still there today, despite additional reductions in October and December pushing the federal funds rate down a total of 0.75 percentage points. That doesn't mean the broader savings market has been immune to the Fed's moves. ...
IRS Staff Cuts May Delay Your Refund. What You Can Do To Smooth the Process
Investopedia· 2026-02-03 01:00
Key Takeaways - Taxpayers may experience refund delays this year due to staffing cuts and changes in tax laws, particularly the "One Big Beautiful Bill" which introduced over 100 changes to the tax code [1][1] - The IRS workforce has been reduced by 27%, leading to concerns about the agency's ability to handle the upcoming tax season effectively [1][1] - Experts recommend filing tax returns electronically and opting for direct deposit to expedite refund processing [1][1] IRS Staffing and Management - The IRS has 27% fewer employees than in 2025, resulting from layoffs and buyouts [1] - There have been seven different IRS commissioners in 2025, which is unusual as the role typically has a five-year term [1] - The turnover in management positions raises concerns about the loss of experience within the agency [1] Changes in Tax Laws - The "One Big Beautiful Bill" includes retroactive changes for the 2025 tax year, which may confuse taxpayers [1] - New tax breaks, such as the 'no tax on tips' policy and a deduction for car loan interest, have specific income thresholds that limit eligibility [1][1] - Fewer than 3% of tax filings are expected to qualify for the tip deduction, complicating the filing process for many [1] Recommendations for Taxpayers - Taxpayers are encouraged to utilize the IRS website and online tools for assistance, as the agency has 1,000 fewer customer service employees than planned [1] - The IRS is transitioning to digital payments, and taxpayers should include their bank account information on their returns to avoid delays [1] - In-person appointments at local IRS offices and free tax help programs are available for those needing additional assistance [2]
The Debasement Trade About Face
Investopedia· 2026-02-03 01:00
Group 1 - The article discusses the decline in precious metals as investors shift towards the debasement trade following a drop in the Dollar, raising questions about asset allocation during uncertain times [1] - BlackRock's Gargi Chaudhuri emphasizes the importance of focusing on relevant investment themes for the year ahead [1] - Insider selling is occurring at multi-year highs, despite signs of a healthy rotation in the stock market, prompting speculation about what insiders may know [1] Group 2 - The article references the potential impact of the January effect on market performance in 2026, suggesting a legacy worth considering [1] - There is a notable increase in silver prices, which have risen by 25% already in 2026, indicating a possible trend for continued growth [1] - The article highlights the volatility in gold and silver prices, with recent surges and declines prompting investor caution [1]
The Great Wealth Transfer: Why Inheriting a Home May Not Make You Rich
Investopedia· 2026-02-03 01:00
Core Insights - The "Great Wealth Transfer" is expected to result in a staggering $124 trillion worth of wealth being transferred to heirs by 2048, significantly impacting the inheritance landscape in the U.S. [3] - Many Americans will inherit homes, which can come with hidden costs and complexities, necessitating an understanding of probate rules and tax implications to avoid financial stress during emotional times [4][6] Inheritance of Homes - A Freddie Mac survey indicates that three-quarters of Baby Boomer homeowners plan to leave their homes or the proceeds from their sale to family members upon death [5] - Inheriting a home entails inheriting all associated costs, including insurance, property taxes, and maintenance, which can be burdensome, especially if the home goes through probate [6][9] Probate Process - Assets transferred to a trust can avoid probate, while those with a will or no will may require probate, which can be lengthy and costly [7][8] - Executors must continue to pay bills associated with the home during the probate process, which can lead to financial strain on the estate [8] Financial Planning Considerations - Families should carefully consider their options regarding inherited homes, including whether to move in, rent, sell, or hold, as each choice has tax and emotional implications [9] - The step-up in cost basis allows heirs to potentially minimize capital gains tax if they sell the home for more than its value at the time of the previous owner's death [10][11] Investment and Remodeling - For those planning to invest in remodeling or flipping an inherited home, setting a clear budget and working with real estate professionals is advised to ensure financial goals are met [12]