EARNINGS

Oct 30 2024FINANCE

Eli Lilly's stocks take a hit: Should you worry?

Eli Lilly's recent earnings report wasn't great, with stocks falling after missing growth targets. But don't panic just yet. The dip could be a chance to buy. Think of it like a rollercoaster: there are ups and downs, but the long-term view is what counts. The company had a messy quarter, but it's a

reading time less than a minute
Oct 30 2024CRYPTO

Bitcoin Hits $70, 000 Again: What's Next?

Bitcoin briefly touched $70, 000 on Monday, a peak not seen since June. This happened as investors kept an eye on MicroStrategy's earnings and the upcoming U. S. presidential election. Stocks linked to bitcoin, like Coinbase and MicroStrategy, showed mixed reactions in late trading. Coinbase rose by

reading time less than a minute
Oct 30 2024BUSINESS

Pfizer's Surprising Q3 Win: Paxlovid and Vaccines Boost Sales

Pfizer recently shared impressive Q3 results that overshot expectations, thanks to its Covid vaccine and antiviral pill, Paxlovid. The drug giant raised its earnings and revenue projections for the year. Despite the positive news, shares dropped by over 2%. Pfizer's CEO, Albert Bourla, is under pres

reading time less than a minute
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

reading time less than a minute
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

reading time less than a minute
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

reading time less than a minute
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

reading time less than a minute
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

reading time less than a minute
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

reading time less than a minute
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

reading time less than a minute