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Intel stock: don't hold your breath for a swift recovery
Invezz· 2024-04-26 15:07
Intel Corp (NASDAQ: INTC) is down well over 35% versus its year-to-date high but a Goldman Sachs analyst still doesn’t see it as a bargain. Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE. Takes 2 mins.Intel stock has limited upside from hereCopy link to sectionToshiya Hari reiterated his “sell” rating on the chipmaker this morning as “AI prioritisation continued to weigh on traditional server demand”.  He lowered his price objective on $INTC as well to $34 that no ...
Why Meta is a great buy after Q1 earnings slump
Invezz· 2024-04-26 12:40
In the wake of Meta Platforms Inc. (NASDAQ: META) recent earnings report, the company finds itself at a pivotal juncture, with both triumphs and challenges shaping its narrative.Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE. Takes 2 mins.During the conference call, Mark Zuckerberg, Meta’s founder and CEO, expressed satisfaction with the company’s performance, citing notable achievements such as surpassing revenue expectations and robust growth across its suite of ...
AbbVie's Q1 earnings beat expectations as arthritis drug boosts growth
Invezz· 2024-04-26 12:17
Pharmaceuticals company AbbVie (NYSE: ABBV) reported its Q1 financial results for 2024 today.Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE. Takes 2 mins.AbbVie’s earnings came in at $1.37 billion, or $0.77 per share, as compared with $239 million, or $0.13 per share, in Q1 of FY23. The company’s revenue reached $12.31 billion, with an increase of 0.7% on a reported basis, or 1.6% on an operational basis; and above the predicted $11.93 billion.The net interest exp ...
Simpson likes $COP and $MPC ‘a little better' than Chevron after its Q1 earnings
Invezz· 2024-04-26 11:15
Chevron Corp (NYSE: CVX) is in focus this morning after coming in shy of revenue estimates for its fiscal first quarter. Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE. Takes 2 mins.Kevin Simpson shares his view on Chevron stockCopy link to sectionThe energy giant attributed the weakness to a lower margin at its refineries and natural gas prices that have tanked 35% since the start of 2024.  On the plus side, Chevron saw an annualised growth of 16% to about $2.0 b ...
Big oil earnings: Three things to watch for as ExxonMobil, Chevron and Phillips 66 report financial results today
Invezz· 2024-04-26 10:31
Today, big oil is firmly in the spotlight, with ExxonMobil, Chevron, TotalEnergies, Phillips 66 and Imperial Oil all reporting their latest earnings within hours of each other.Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE. Takes 2 mins.It may well make for interesting viewing too, since the oil market has been anything but straightforward lately. In terms of overall larger sentiment towards oil and gas, the world’s more advanced countries and companies have been ...
Tesla's 2 million vehicle recall under U.S. scrutiny for Autopilot issues
Invezz· 2024-04-26 10:23
Follow Invezz on Telegram , Twitter , and Google News for instant updates >U.S. auto safety regulators announced on Friday that they are investigating the adequacy of a Tesla recall involving over 2 million vehicles.Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE. Takes 2 mins.The recall, initially announced in December, was intended to install new Autopilot safeguards. The National Highway Traffic Safety Administration (NHTSA) raised concerns following crash event ...
Snowflake stock forecast: SNOW just formed a scary pattern
Invezz· 2024-04-26 10:06
Snowflake (NYSE: SNOW) stock price has formed the dreaded death cross pattern as concerns about its growth trajectory continued. It crashed to a low of $144.50 this week, down by over 35% from its highest point this year, meaning that it is in a deep bear market.Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE. Takes 2 mins.Snowflake growth concernsCopy link to sectionSnowflake is a top Warren Buffett-backed company that provides Software as a Service (SaaS) solutio ...
Long AMZN: Testing crucial support going into earnings
Invezz· 2024-04-25 16:20
This signal is for paying members only Want access to more trading signals? Sign up to one of our paid plans for instant access todayFree trading signals $0 per month 2-3 free trading signals per week Access to Invezz members area Access to Invezz newsletter SubscribeMOST POPULAR All trading signals $258.99 per year 20+ trading signals per week Daily signals across all markets Customer support & advice SubscribeFree trading signals $0 per month 2-3 free trading signals per week Access to Invezz members ar ...
Amazon stock reiterated at ‘buy' ahead of earnings
Invezz· 2024-04-25 16:15
A 10% decline in shares of Amazon.com Inc (NASDAQ: AMZN) in recent weeks is an opportunity to buy a quality name at a discount, says a UBS analyst. Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE. Takes 2 mins.Amazon stock has upside to $215Copy link to sectionStephen Ju reiterated his “buy” rating on the tech behemoth this morning and raised his price objective to $215 which suggests a more than 25% upside from here.  His bullish call on Amazon stock arrives only ...
General Electric Vernova debuts flat financial results with its first-ever earnings
Invezz· 2024-04-25 10:39
On April 25th, less than one month after becoming an official company, General Electric Vernova reported its first-ever financial results.Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE. Takes 2 mins.Unfortunately, in the quarter, GE Vernova orders of $9.7 billion were mostly flat, down 1% organically. Net income came in at a loss of $0.1 billion. However, revenue of $7.3 billion was up 6%, or 5% organically, driven by electrification and power.Services revenue gr ...