Category Archive: Finance
Alphabet Dominates With 76% Revenue From Advertising
Image Source: Pixabay Alphabet, the parent company of Google, is frequently spotlighted for its substantial investments in artificial intelligence (AI), yet many overlook its core business—advertising. In the fourth quarter, advertising revenues accounted for a whopping 76% of Alphabet’s total revenue, underscoring its dominant role in the business. There was an 11% increase in ad revenue during […]
Is Roku Stock Worth Owning Ahead Of Earnings?
Image Source: Unsplash Roku Inc (Nasdaq: ROKU) has lost some 40% in less than three months but a Wedbush Securities analyst is convinced the story moving forward will be a different one. Roku stock could gain 30% from here Michael Pachter continues to rate the streaming and media company at “outperform” and sees upside in its shares to […]
Here’s What Wall St. Experts Are Saying About Tesla Ahead Of Earnings
Image Source: Unsplash Tesla (TSLA) is expected to report results on its fiscal first quarter on Tuesday, April 23, with a conference call scheduled for 5:30 pm EDT. What to watch for: MOMENT OF TRUTH HAS ARRIVED: Wedbush says “the moment of truth has now arrived” for Elon Musk and Tesla with this earnings call being “one of the […]
Clinical-Stage BioTech Drug Stocks Portfolio Went Down 9% Last Week
Image Source: Unsplash An Introduction This article highlights the 10 clinical-stage AI-powered (designated with *) and psychedelic compound-based (designated with **) small cap ($400M to $2.0B) drug discovery companies in the munKNEE Clinical-Stage BioTech Drug Stocks Portfolio, their stock performances last week and so far in April (MTD), and their areas of focus. **GH Research (GHRS): […]
Bitcoin Halving Event Bolsters Resilience Amid Market Fluctuations
Image Source: Pixabay Bitcoin (BTC) witnessed a modest decrease over the past week, closing at approximately $65,000, down 1.1% from $65,650 the previous week.The cryptocurrency experienced a significant dip mid-week, dropping below $60,000, but recovered strongly in the latter half, settling close to its opening value. Challenges in the ETF market This period also saw stagnant demand for Bitcoin […]
Tesla Stock Sees Slight Gains As Market Awaits Q1 Results
Image courtesy of 123rf.com Tesla Inc. (Nasdaq: TSLA) shares experienced a modest uptick Tuesday, rising 2.17% to $145.13 at the time of writing, as investors eagerly await the electric vehicle maker’s first-quarter earnings report. The company is expected to face significant challenges, with analysts projecting a decrease in profitability and the worst overall sales since the third quarter of […]
Dow, Nasdaq Up Triple Digits Midday
The Dow Jones Industrial Average (DJI) and Nasdaq Composite (IXIC) are both sporting hefty triple-digit leads this afternoon — the former on track for a fourth-straight win — while the S&P 500 Index (SPX) is comfortably higher as well.Wall Street has plenty of earnings reports and economic data to unpack, with home sales rising more than expected […]
FTSE Finally Breaks Record Highs Before Pausing
Image Source: Pexels The FTSE 100 has reached a record high, reflecting the global forces driving commodity prices rather than the performance of the British economy. Despite lagging behind other major indices due to Brexit uncertainty, the calm political situation and stable finances in the UK are turning the tide. The Bank of England’s potential to […]
Corporate Bond ETFs HYG And JNK Suffer Outflows Amid Fed Jitters
Image Source: Pixabay Investors are dumping corporate Exchange Traded Funds (ETFs) as signs emerge that the Federal Reserve will maintain higher rates for longer because of the stubbornly high inflation in the US.Data by ETF.com shows that the iShares iBoxx USD High Yield Corporate Bond ETF (IYG) has shed over $2.2 billion this month, reversing the gains it […]
Metal Rally Pauses For Air
Image Source: Unsplash It’s been a breathtaking rally for precious metals so far this year. Gold peaked at USD $2431/oz, up 16%, while silver reached $29/oz, marking an impressive 26% increase for the year at its 2024 high. Both metals finally took a breather on Monday, declining by 3% and 5%, respectively.Following a prolonged and nearly […]
