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Stocks rally after Meta earnings add to tech strength: Stock market news today

Jennifer DuBois -
Stocks rallied on Thursday afternoon despite the release of cooler-than-expected economic data as earnings results from Meta (META) built on a strong week...
Business

Billionaire Charlie Munger Reveals The Reason Berkshire Hathaway Is Sitting On $88 Billion in Cash

Jennifer DuBois -
The S&P 500 dipped by 19% in 2022, but stocks still don’t seem cheap to Charlie Munger, Warren Buffett’s billionaire partner at Berkshire...
Business

Why No Buyer Has Emerged for First Republic

Jennifer DuBois -
Why No Buyer Has Emerged for First Republic Source link
Business

Why Mobileye Global (MBLY) Stock Is Plunging Today

Jennifer DuBois -
Mobileye Global Inc (NASDAQ: MBLY) reported first-quarter FY23 revenue growth of 16% year-on-year to $458 million, beating the consensus of $456.72 million.EyeQ SoC-related revenue grew 11%...
Business

Meet ChatGPT’s Right-Wing Alter Ego

Jennifer DuBois -
Elon Musk caused a stir last week when he told the (recently fired) right-wing provocateur Tucker Carlson that he plans to build “TruthGPT,” a...
Business

AMD Stock: Short-Term Pain, Long-Term Gain

Jennifer DuBois -
In less than a week from today, on Tuesday, May 2, 2023, semiconductors giant Advanced Micro Devices (NASDAQ:AMD) is scheduled to report its...
Business

Meta Platforms stock hits 15-month high after earnings crush estimates, expenses drop

Jennifer DuBois -
Meta Platforms (META) stock rose more than 14% on Thursday after the company reported first quarter results late Wednesday that blew away expectations...
Business

Valero Q1 Earnings Top Estimates, Repurchased $1.5B Worth Shares

Jennifer DuBois -
Valero Energy Corporation (NYSE: VLO) reported Q1 2023 revenues of $36.4 billion, beating the consensus of $35.4 billion.Operating income rose significantly to $4.0 billion from...
Business

Mobileye Shocks With Lower Guidance. Blame Tesla.

Jennifer DuBois -
Self-driving-technology company ...
Business

‘Load Up,’ Says Goldman Sachs About These 3 Metal Stocks

Jennifer DuBois -
There’s been a lot of buzz lately about the US potentially heading towards a recession this year. That’s a serious issue, and it...
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