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Oct 30 2024BUSINESS

Pfizer's COVID-19 Meds Boost Sales: What's Next?

Pfizer's third-quarter earnings just came in, and guess what? They're way better than expected! The company's making a lot more money, thanks to a big demand for their COVID-19 treatments. Their best-selling drug, Paxlovid, brought in a whopping $2. 7 billion in the third quarter alone. This is a ma

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Oct 30 2024BUSINESS

Tesla's Big Leap: An iPhone Moment in the Making

Tesla Inc. (NASDAQ: TSLA) has been making waves lately. Its third-quarter earnings report was a big hit, sending its stock prices soaring. The company beat its earnings per share (EPS) estimates by a solid $0. 12, with non-GAAP EPS coming in at $0. 72. This isn't surprising for those who follow the

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Oct 30 2024BUSINESS

Tesla Set to Earn Nearly $1 Billion from FSD in the Next Year

Tesla's Full Self-Driving (FSD) software package has been gaining popularity, especially after the Cybertruck reveal. Analysts predict that the company will soon see nearly $1 billion in deferred revenue from FSD over the next year. Recently, Tesla recognized $326 million from FSD in the past quarte

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Oct 30 2024FINANCE

Google: Should You Buy Before Earnings?

Investing in Google before they release their earnings report can be a tricky decision. Many investors, including a seasoned equity research analyst, prefer to stay cautious and wait for the earnings announcement to understand how the company's management handles any uncertainties. This analyst, who

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Oct 30 2024FINANCE

Bitcoin Hits $72, 000: Tech Earnings and ETFs Fuel the Rise

Bitcoin reached $72, 000 on Tuesday, coming close to its record high. This happened as the U. S. elections are just around the corner, which many traders see as a good time for markets. The leading cryptocurrency has grown by about 6% in the last day and 8. 75% in the past week. It's only 1. 4% away

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Oct 30 2024BUSINESS

Chipotle's Third Quarter: More Traffic, Higher Costs

Chipotle Mexican Grill recently shared their third-quarter results, and while more people visited their restaurants, the company's earnings didn't quite hit the mark. Their stock took a dip, falling by 3% after hours. Let's break down the numbers. The company's adjusted earnings per share were 27 c

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Oct 30 2024BUSINESS

Reddit's Latest Earnings: A Surprise Boost

In a big leap, Reddit's shares surged by 22% in after-hours trading. The reason? The company's third-quarter earnings report was a hit, with profits jumping way higher than expected. Let's break it down. Reddit made 16 cents per share, while people were expecting a loss of 7 cents. That's a big dea

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Oct 30 2024CELEBRITIES

Cash Kings From Beyond the Grave: A Look at 2024's Top-Earning Deceased Celebrities

Even after they're gone, some stars still rake in big bucks. In 2024, musicians like Michael Jackson and Freddie Mercury topped the list of highest-paid dead celebrities. Their music catalogs and estate deals brought in millions. But it's not just about the tunes—TV actors like Matthew Perry also ma

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Oct 29 2024BUSINESS

Pfizer Posts Big Q3 Earnings, Raises Outlook

Pfizer, one of the world's largest pharmaceutical companies, surprised many analysts with its third-quarter earnings. The company reported earnings of $1. 06 per share, well above the expected $0. 61. Sales also exceeded expectations, coming in at $17. 7 billion compared to the projected $14. 92 bil

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Oct 29 2024BUSINESS

Tesla's Stock Surge: Is the Autonomous Future Overhyped?

Tesla's stock prices soared by 16% after their latest earnings report for Q3 2024 showed better profit margins. That's good news for now, but is it enough to justify the sky-high valuation? Tesla's electric vehicle (EV) business is definitely making them money, but what about their plans for autonom

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