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How Lucrative Is Alphabet's New Dividend?
Investors Business Daily· 2024-04-25 21:55
Google parent Alphabet (GOOG) just announced a quarterly dividend — adding to the S&P 500 dividend average. But don't get your hopes up too high.X The company is paying just 20 cents a share starting on July 17. Assuming that dividend is paid four times a year, Alphabet will yield just 0.51%. That's a paltry dividend even by S&P 500 standards.At 0.51%, Alphabet's yield is less than half the 1.3% paid by the S&P 500. It also ranks 377th out of the S&P 500. It's also small next to some other tech giants' tiny ...
Chipotle Earnings Growth Accelerates; Burrito Giant Eyes Buy Points
Investors Business Daily· 2024-04-25 00:00
Chipotle Mexican Grill (CMG) reported stronger-than-expected first-quarter earnings. CMG stock rose modestly overnight, signaling an early entry and near an official buy point.X Chipotle earnings jumped 27% to $13.37 a share. That easily topped FactSet consensus of $11.81 a share. That's the second straight quarter of accelerating growth. Sales grew nearly 14% to $2.684 billion, slightly beating views.Same-restaurant sales rose 7%. Operating margin picked up to 16.3% from 15.5%, with restaurant operating ma ...
Three Reasons Why Tesla Stock Is Rallying After Q1 Earnings. Elon Musk Issues Criteria For Investors.
Investors Business Daily· 2024-04-24 14:05
Tesla (TSLA) reported worse-than-expected first-quarter earnings and revenue late Tuesday. Investors appeared not to care, sending TSLA shares jumping 14% early Wednesday after Chief Executive Elon Musk signaled "more affordable" new models are on the way. Musk also predicted 2024 vehicle deliveries would be higher, stressing Tesla's focus on full-self driving (FSD) during the earnings call.X Ahead of Tesla announcing first-quarter earnings Tuesday, TSLA shares had fallen more than 17% in April, hitting a 5 ...
Boeing Earnings Due; Is The Bad News Priced Into The Dow Aerospace Giant?
Investors Business Daily· 2024-04-23 21:22
Boeing (BA) is set to report bleak first-quarter results early Wednesday, with shares at a 17-month low and some analysts bracing for more bad news. But the consensus is for a much brighter outlook, with earnings estimates showing that the Dow Jones aerospace giant will reverse the current surge of red ink, turning profitable by Q3.X Dreamliner In FocusLast week, Northcoast Research cut its rating for BA stock to sell from neutral with a 140 price target. Northcoast said its channel checks point to a build ...
Earnings Today: PulteGroup, Danaher Rally; JetBlue Dives
Investors Business Daily· 2024-04-23 15:33
Big earnings movers early Tuesday included GE Aerospace (GE), General Motors (GM) and UPS (UPS). PulteGroup (PHM), Danaher (DHR) and JetBlue (JBLU) were also making big moves on earnings today, on both good and bad news.X Earnings Today: PulteGroup Margins WidenHomebuilder PulteGroup popped higher in morning trade Tuesday. The Atlanta, Ga.-based builder reported EPS of $3.10, clobbering consensus views for $2.36. Revenue was $3.95 billion, above the $3.59 billion target. Its home sales gross margin increase ...
Tesla Slashes EV, FSD Prices In Latest Strategy Shift As Earnings Loom
Investors Business Daily· 2024-04-21 15:44
Tesla (TSLA) cut EV prices in the U.S., China and Europe over the weekend, as well as slashing the price for Full Self-Driving. They are the latest pricing strategy shifts by the struggling EV giant.X Meanwhile, Tesla CEO Elon Musk postponed a trip to India.Tesla Cuts U.S. EV PricesThe Model Y now starts at $42,990 before incentives and excluding taxes and fees. The Model S entry price is $72,990 while the Model X starts at $79,990. The Model Y and Model X are eligible for IRA credits of $7,500.Tesla Cybert ...
Tesla Cuts Model Y, S, X Prices As Earnings Loom
Investors Business Daily· 2024-04-20 15:48
Tesla (TSLA) cut the U.S. price of the Model Y, Model S and Model X by $2,000 on Saturday, the latest in a series of pricing moves by the EV giant.X The Model Y now starts at $42,990 before incentives. The Model S entry price is $72,990 while the Model X starts at $79,990. The Model Y and Model X are eligible for IRA credits of $7,500.Tesla Cybertruck and Model 3 prices were left unchanged, with production of both EVs still low.The Model Y list price is now back to its lowest ever. For much of February, Tes ...
Stock Market Action Plan: Tesla, Microsoft, Boeing, Google, Meta Headline A Big Earnings Week
Investors Business Daily· 2024-04-19 21:44
Concerns of spiraling conflict between Iran and Iraq helped twist the past week's stock market into a very mixed finish. As a result, IBD's Stock Market Exposure guide downshifted to its lowest level at the end of the week.X Investors will find no shortage of stimulus in the coming week, with a fusillade of heavyweight earnings rolling in from Microsoft (MSFT), Boeing (BA), Tesla (TSLA), Meta Platforms (META) and Alphabet (GOOGL), just to name a few. Economic news will also have a say, with a first look at ...
Nvidia, AI Stocks Catch A Cold After Super Micro Computer Sneezes
Investors Business Daily· 2024-04-19 20:28
AI chipmaker Nvidia (NVDA) saw its shares dive on Friday after key hardware partner Super Micro Computer (SMCI) announced its next earnings date without giving preliminary results. Nvidia stock fell in tandem along with other highflying AI stocks.X On the stock market today, Nvidia stock sank 10% to close at 762.The drop came after data-center hardware specialist Super Micro revealed that it will release its fiscal third-quarter results on April 30. But unlike recent quarters, it didn't update its sales and ...
Netflix Stock Tumbles On Soft Guidance, Reduced Disclosure
Investors Business Daily· 2024-04-19 17:59
Netflix (NFLX) stock plunged Friday after the streaming video leader forecast lower-than-expected second-quarter revenue and said it would stop giving quarterly subscriber numbers next year.X In afternoon trades on the stock market today, Netflix stock dropped 8.8% to 556.66. With the move, the stock dived below its 50-day moving average line, a key support level.Late Thursday, the internet television network reported better-than-expected results for the first quarter but gave a soft revenue outlook for the ...