Tag: earnings

  • This is Why Tesla is Accelerating Higher After-Hours

    This is Why Tesla is Accelerating Higher After-Hours

    Tesla (TSLA) earnings were a disaster. Yet, the stock is up about $11.77 a share after-hours. Its adjusted EPS of 45 cents missed expectations for 51 cents. Revenue of $21.3 billion was also below expectations for $22.15 billion.  “The drop in sales was even steeper than the company’s last decline in 2020, which was then…

  • Update: Here’s Why Nvidia Could See $1,000 in 2024

    Update: Here’s Why Nvidia Could See $1,000 in 2024

    As we noted on Feb. 12, “On its way to our projected $1,000 price tag, Nvidia (NVDA) is still exploding. This time, it’s running on the news its CEO Jensen Huang believes data center spending will double in the next few years. Plus, as we near NVDA earnings on Feb. 21, NVDA could see even…

  • Meet Amazon’s AI Assistant, Rufus

    Meet Amazon’s AI Assistant, Rufus

    Amazon (AMZN) is soaring. All after posting better-than-expected earnings. EPS of $1 was well above estimates for 80 cents.  Revenue of $170 billion was above estimates of $166.2 billion. Amazon Web Services numbers came in at $24.2 billion, as expected. Advertising came in at $14.7 billion, slightly above expectations for $14.2 billion. Amazon also said…

  • Meta Platforms Just Declared Its First Dividend

    Meta Platforms Just Declared Its First Dividend

    Meta Platforms (META) is exploding higher. Last checked, the stock was up about $60 in after hours.  All after the company announced it’ll pay a quarterly dividend of 50 cents in March to shareholders of record, as of February 22. The company also authorized a $50 billion share buyback program. “Another bullish implication: Paying an…

  • This is Why FedEx Just Plunged $33 a Share

    This is Why FedEx Just Plunged $33 a Share

    It took a bit longer than expected. But FedEx (FDX) finally crumbled. As we noted on Dec. 11, “Not only is it struggling at triple-top resistance, it’s overbought on RSI, MACD, and Williams’ %R. From current prices, we believe it could pull back to its 200-day moving average of around $240. We also have to…

  • This is Why Target (TGT) is Up More than $20

    This is Why Target (TGT) is Up More than $20

    Back from the dead, Target (TGT) exploded. Last checked, the retailer was up about $20 a share to $130.86 and could head higher.  Not only were earnings better than expected, but the holidays are just around the corner again. TGT topped Wall Street’s quarterly sales expectations and blew past earnings estimates, as purchases in high-frequency…

  • Amazon Pushing Higher on Latest Earnings Beat

    Amazon Pushing Higher on Latest Earnings Beat

    Amazon (AMZN) could push higher with its latest earnings beat. In its second quarter, the company posted EPS of 94 cents, as compared to expectations for 58 cents. Revenue of $143.1 billion was also above expectations for $141.4 billion. While Amazon Web Services slightly missed expectations for $23.2 billion, with a print of $23.1 billion,…

  • This is Why Netflix Exploded in After Hours

    This is Why Netflix Exploded in After Hours

    Netflix (NFLX) just exploded higher. After falling from about $460 to $346.19, the stock is heading higher in after hours.  All thanks to strong earnings, and price hikes. In its third quarter, the company posted EPS of $3.73, which beat estimates for $3.49. Revenue met expectations at $8.54 billion. Better, paid subscriptions were up to…

  • Nvidia Set to Explode Thursday on a Big Earnings Beat

    Nvidia Set to Explode Thursday on a Big Earnings Beat

    Nvidia (NVDA) just blew earnings out of the water. The company reported revenue of $13.51 billion, a 101% jump from last year, while adjusted earnings came in at $2.70 per share, up 429% from last year. Analysts had expected revenue to come in at $11.04 billion with EPS expected to come in at $2.07. Then,…

  • There’s Still Time to Buy the Dip in Albemarle

    There’s Still Time to Buy the Dip in Albemarle

    “Pay close attention to oversold lithium stocks, like Albemarle (ALB),” we said on July 31. “After dropping from about $240 to $209.13, the ALB stock appears to have caught strong support and could pivot higher again shortly.  It’s also oversold on RSI, MACD, and Williams’ %R, and could potentially run back to $240 on the…