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Roblox Corporation (RBLX) reports better-than-expected losses and 37% net cash rise in Q1 earnings
Invezz· 2024-05-09 12:08
Today, global online gaming platform Roblox Corporation released its Q1 2024 financial results before US markets opened.Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE. Takes 2 mins.As one of the most widely used gaming platforms in the United States, and one of the most aggressively growing ones worldwide, Roblox has enormous potential – and investor excitement – built up for the 2024 year. Roblox has previously announced its intentions to penetrate other demograp ...
2 years, no gains: Is Lockheed Martin's stock worth buying?
Invezz· 2024-05-09 08:37
Lockheed Martin Corp (NYSE:LMT) has been a solid player in the aerospace and defense sector. But in the last two years, its stock hasn’t really gone anywhere, hovering around $465. That raises a big question: Is it still a good buy?Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE. Takes 2 mins.With a market value topping $110 billion, there’s no doubt that Lockheed Martin is a defense giant. They make all sorts of important military stuff, from cutting-edge aircraft ...
Airbnb Q1 earnings: olympics expected to deliver a solid summer quarter
Invezz· 2024-05-08 20:40
Airbnb Inc (NASDAQ: ABNB) is trading down in extended trading on Wednesday even though it came in ahead of Street estimates in its fiscal first quarter.Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE. Takes 2 mins.Why is Airbnb stock down in after-hours?Copy link to sectionInvestors are concerned because $ABNB issued somewhat of a muted guidance for the future. The vacation rental company now expects its revenue to fall between $2.68 billion and $2.74 billion in Q2 ...
Google DeepMind unveils next-gen AI model for drug discovery
Invezz· 2024-05-08 15:45
Follow Invezz on Telegram , Twitter , and Google News for instant updates >Google DeepMind has introduced the third iteration of its groundbreaking artificial intelligence model, AlphaFold, aimed at enhancing the efficiency and precision of drug design and disease treatment.Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE. Takes 2 mins.This latest development was announced in London on May 8, marking a significant step forward in the use of AI in molecular biology. ...
Turkey fines Meta $37.2 million over data-sharing practices
Invezz· 2024-05-08 14:56
Turkey’s competition board has levied a hefty fine of 1.2 billion lira ($37.20 million) against Meta Platforms on Wednesday, following the conclusion of two separate investigations into the tech giant’s data-sharing activities involving its social media platforms including Facebook, Instagram, WhatsApp, and Threads.Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE. Takes 2 mins.Investigations into Threads and Instagram integrationCopy link to sectionThe investigation ...
Shopify stock (SHOP) gets a boost after strong Q1 earnings report
Invezz· 2024-05-08 11:31
Follow Invezz on Telegram , Twitter , and Google News for instant updates >Shopify stock (NYSE: SHOP) has received a boost following the release of strong first-quarter 2024 financial results. The SHOP stock had taken a beating in the pre-market hours, dropping by −12.61 (16.37%) from the previous market close of $77.37 to $64.44 on 8 May, 07:19 GMT-4.Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE. Takes 2 mins.The e-commerce giant reported impressive numbers, exc ...
SoftBank, Microsoft, Nvidia just invested a record $1 billion in UK-based AI firm Wayve, but why?
Invezz· 2024-05-08 08:52
Follow Invezz on Telegram , Twitter , and Google News for instant updates >A UK-based firm, Wayve, specializing in artificial intelligence (AI) technology for self-driving cars, has raised a groundbreaking $1.05 billion (£840 million) in what marks the largest investment in a European AI company to date.Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE. Takes 2 mins.SoftBank, Microsoft and Nvidia back WayveCopy link to sectionThe funding round, led by investment firm ...
Jim Cramer says Apple is ‘very bankable' after its iPad event
Invezz· 2024-05-07 18:01
Jim Cramer says Tim Cook – the chief executive of Apple Inc (NASDAQ: AAPL) and his team is “very bankable” after the tech behemoth rolled out new iPads with its latest M4 chip on Tuesday.Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE. Takes 2 mins.Cramer reiterates bullish view on $AAPLCopy link to sectionIt’s the first time the multinational has launched new versions of iPad since October 2022. According to CEO Tim Cook: This is the biggest day for iPad since its ...
Blackstone Mortgage (BXMT) stock yields 13.6%: is it a good buy?
Invezz· 2024-05-07 12:31
Blackstone Mortgage Trust (NYSE: BMXT) stock has one of the highest dividends yields in Wall Street. It has a dividend yield of 13.6%, higher than the S&P 500 return of 1.35%, and the iShares Core High Dividend ETF (HDV), which yields about 3.5%.Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE. Takes 2 mins.What is Blackstone Mortgage Trust?Copy link to sectionBlackstone Mortgage Trust is a leading Real Estate Investment Trust (REIT) that has a portfolio of over $21 ...
The Walt Disney Company income drops 69% and EPS plummets in disappointing earnings
Invezz· 2024-05-07 11:19
Follow Invezz on Telegram , Twitter , and Google News for instant updates >The Walt Disney Company today reported some very disenchanting numbers in its second quarter 2024 financial results on May 7th, compared with the previous quarter and also the previous year. Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE. Takes 2 mins.Where the business did see profits, they were grown heavily by the company’s theme parks and other ‘Experiences’ businesses, in the face of d ...