United Parcel Service, Inc. (NYSE:UPS) narrowly beat fourth-quarter earnings expectations, while revenue of 24.9 million missed the mark. The delivery giant's full-year revenue forecast came in below analysts' estimates of $95.57 billion, amid weakened international and domestic e-commerce demand. Additionally, the company will cut 12,000 jobs and explore strategic options for truckload freight brokerage business Coyote.UPS is down 7.9% at $145.62 at last check, but the $144 region, which rejected an Octobe ...

CVS Health Corp (NYSE:CVS) stock was last seen up 0.6% at $73.40, extending a bounce off the $70 level. While the security carries a 16.9% year-over-year deficit and last week fell under its 50-day moving average for the first time since December, there's indication this underperformance could soon be a thing of the past. CVS Health stock's most recent pullback placed it within a trendline with historically bullish implications.stock was last seen up 0.6% at $73.40, extending a bounce off the $70 level. Whi ...

Starbucks Corp (NASDAQ:SBUX) will announce its fourth-quarter earnings report after the close on Tuesday, Jan. 30. Analysts expect profits of 93 cents per share, which is higher than the 75 cents per share the company reported this quarter last year. Following the coffee chain's last eight earnings reports, Starbucks stock finished five next-day sessions higher, including a 9.5% pop this past November. This time around, the options pits are pricing in a 9.2% swing, regardless of direction, which is much hig ...

PayPal Holdings Inc (NASDAQ:PYPL) is 2.1% higher to trade at $63.06 at last check. After falling to six-year lows at the end of October, PYPL swiftly recovered, now up 23.7% year-over-year. Just a month into 2024, PayPal stock is already up 2.7%. is 2.1% higher to trade at $63.06 at last check. After falling toat the end of October, PYPL swiftly recovered, now up 23.7% year-over-year. Just a month into 2024, PayPal stock is already up 2.7%.  In addition, PayPal stock just made it to Schaeffer's Senior Quant ...

Intel stock is heading for its worst day in over three years after the chipmaker's earningsThe tech-heavy Nasdaq is the only major index swimming in red ink this morning, and Intel Corp (NASDAQ:INTC) is to blame. The semiconductor stock is down 11.7% to trade at $43.85 at last check, on track for its worst single-session drop in over three years. Intel reported fourth-quarter earnings and revenue that topped estimates, but a first-quarter revenue forecast that came well below expectations is driving the plu ...

Auto manufacturer General Motors Company (NYSE:GM) is slated to report earnings before the open on Tuesday, Jan. 30. The Zacks Consensus Estimate for General Motors' fourth-quarter results are earnings of $1.09 per share on revenue of $43.34 billion.Looking at General Motors stock's earnings history, the stock was lower after five of its past eight post-earnings sessions, including losses after its last three consecutive reports. In the last eight quarters, GM averaged a swing of 3.5%, regardless of directi ...

Subscribers to Schaeffer's Weekend Trader options recommendation service received this TJX commentary on Sunday night, along with a detailed options trade recommendation -- including complete entry and exit parameters. Learn more about why Weekend Trader is one of our most popular options trading services.TJX Companies Inc (NYSE:TJX) stock just hit a fresh record high after completing a bullish cup-and-handle pattern on the daily chart. With this technical support in place, now looks like a good time to wei ...

Shares of Las Vegas Sands Corp (NYSE:LVS) are 0.9% higher at $50.06 at last glance, after the casino and resort giant last night reported fourth-quarter earnings and revenue that topped Wall Street's estimates.  In response, J.P. Morgan Securities raised its price target to $59 from $56. In its bull note, the analyst said it thinks "LVS 4Q23 results should be viewed favorably in relation to recently subdued investors' expectations and China-macro-concern-driven awful investor sentiment." Coming into today, ...

The Dow is up triple digits this morning, and a lot of it has to do with IBM Corp (NYSE:IBM). The stock is up 10.2% to trade at $191.58 at last check, after the tech titan reported adjusted earnings of $3.87 per share on $17.38 billion in revenue for the fourth quarter, both of which exceeded analyst estimates. IBM also reported upbeat guidance for 2024 thanks to increased demand for its artificial intelligence (AI) software. In response, no fewer than six brokerages have upped their price target, the highe ...

Bank stock Citigroup Inc (NYSE:C) is up 4% in 2024, but has cooled off since scraping a nearly two-year high of $54.74 on Jan. 4. Thanks to a 1% post-earnings pop on Jan. 12, C is on the move again and could make another run at multi-year highs, if past is precedent. Citigroup stock's recent highs come amid historically low implied volatility (IV), which has been a bullish combination in the past. Per Schaeffer's Quantitative Analyst Rocky White, there were three other signals over the past five years when ...