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Tag Archives: Stocks

Chipotle’s Quarterly Earnings Beat Analysts’ Expectations, CMG Goes Up but Starts Falling

Chipotle’s quarterly earnings have emerged stronger than the expectations of many on Wall Street. Will the company be able to show excellent performance this year?Chipotle’s quarterly earnings have excited investors. Tuesday’s trading was quite a day for the stock. Chipotle Mexican Grill (CMG) stock went up to $890.17 which is a 1% increase. However, now the price has decreased to around $856.This occurred before its earnings release which has proven to be positive. Adjusted earnings per...

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Elon Musk Unlocks 2nd Mega Earnings Milestone as Tesla Gets Closer to $160B Valuation

Elon Musk has unlocked a new earnings milestone for himself. Though TSLA price today is lower than yesterday, the stock continues its current and somewhat unprecedented surge.As Tesla stock (TSLA) continues to defy gravity, Elon Musk has achieved another earnings milestone. The CEO is now one step closer to reaping the heavy benefits of his earnings deal as agreed by shareholders back in 2018. If things continue this way, Musk could become one of the world’s most powerful CEOs and also one of...

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Nvidia (NVDA) Stock Rises 2,8% as Company Launches Cloud Gaming Service GeForce

Nvidia (NVDA) stock rose 2.8% to $247.04 after the company announced the full release of its GeForce Now game streaming service, which has been in beta for several years. Now GeForce will compete against other similar services like Google Stadia. Nvidia (NVDA) stock market price shot up with a 2.8% rise in the wake of Wednesday, February 5. Such an increase has been observed after the company launched its flagship gaming service, GeForce. The stock has been trading on a horizontal...

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Tesla (TSLA) Pulls Stock Market Higher, Nasdaq Hits ATH, Dow Closes Up Over 400 Points

Tesla (TSLA) stock is in green. Moving higher, it is a real booster for the stock market. The Dow Jones Industrial Average, the S&P 500 and the Nasdaq have surged.We are just one month into 2020 as Tesla investors are riding with immense joy. So far, Tesla Inc. stock price has surged 100% since the beginning of the year in an unprecedented rally.Tesla’s stock has been soaring new highs ever since it announced its Q4 2019 beating street estimates. On Tuesday, February 4, the Tesla stock...

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Visa Is to Change Point-of-Sale System Fees for U.S. Merchants

Visa has announced some updates for merchants. Transactions on e-commerce sites will have higher rates, while retailers in certain services categories, such as real estate and education, will see fees decline.It got about the plan of financial corporation Visa to change the point-of-sale system for the U.S. merchants. According to the company, the move is the major system’s update through which Visa aims to persuade more people to give up using checks. Besides, the company is planning to...

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Amazon Is a New Member of $1 Trillion Club after Months of Flirting

Amazon joined Microsoft, Apple, and Google (Alphabet Inc) to rank among the wealthiest companies in the U.S. with a market cap of over one trillion dollars on February 4, 2020. Now it is a new member of the elite $1 trillion club.Amazon joined Microsoft, Apple, and Google’s parent Alphabet to tank among the wealthiest companies in the U.S. The other three entered the elite club for the first time in January 2020. All of them together make up the “Trillion Dollar Club.”Up to today, only these...

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Snapchat (SNAP) Stock Drops 11% as Revenue Fails to Meet Analysts’ Expectations

Snap’s revenue did not meet analysts’ expectations of $563 million which had a negative impact on SNAP stock price. However, the company managed to increase its daily active user base.Recently, Snapchat’s parent company Snap has published its Q4 2019 earnings. It has turned out the company has not lived up the revenue expectations of Wall Street analysts. As a result, Snap stock has dropped 11%.According to Snap, they have increased the fourth quarter revenue 44% year-over-year to $561...

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Tesla (TSLA) Stock Speeds toward $1,000, Currently Trading at $945 per Share

Tesla had (and still has) a great day on Tuesday since its stock is growing at a faster pace ever and is closer and closer to $1000. At 3:10 pm ET the stock was growing by 21.21% to $945.The surge has been happening as soon as the market had opened, which means it had grown by almost $300 a share in just two trading sessions. The rise drove the automaker’s general value to more than $160 billion after it just got to $100 billion in value less than two weeks ago.Jesse Cohen, an analyst with...

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BP Records 21% Decline in Net Profits, Performs Below Expectations

UK-based oil and gas company BP has released its full-year underlying replacement cost profit, which is used as a substitute for net profit. The company recorded a net profit of $10 billion in 2019, 21% below the $12.7 billion it made in 2018, reports revealed on February 4, 2020.According to data from Refinitiv, the expectation of analysts was that BP’s net profit would come in at $9.7 billion. Although it failed to match the figures it released in the preceding year, the company still...

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Coronavirus Outbreak Crashes Oil Stocks but Leaves Tesla Stock Untouched

The coronavirus is still raging with its usual effects on not just human lives but also oil stocks. Many businesses all over the world, especially those with activity in China, have been affected. Now, the deadly virus is racing past the human factor and taking oil down with it.Coronavirus Shoots Down Oil StocksOil stocks began the year with a more promising outlook. Most of Wall Street had interesting things to say about oil stocks because of the trade problems between the U.S. and Iran. As...

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