The financial world is buzzing with news about Berkshire Hathaway. This company has been making waves, with its stock prices hitting new highs this year. The Class A and Class B shares have been soaring, even as many other stocks in the S&P 500 have been struggling. This success comes despite a tough market environment. One of the big reasons behind this success is ...
CVS Health, a company that had a rough 2024, is showing signs of a comeback. Investors are taking notice, especially after the company's impressive fourth-quarter earnings report. Shares of CVS have surged by over 45% this year, outperforming rivals like Walgreens, which has only seen a 3% increase. Even other insurers like UnitedHealth Group and Cigna are lagging be...
What's the deal with American Express' spending spike last year? It's all about the younger folks! Last quarter, AmEx cardholders ramped up their spending by 8% compared to the previous year. This jump came after a slower period where growth rates hovered around 6% in the second and third quarters. But who's behind this spending surge? Millennials and Gen Z users le...
Eli Lilly, a company based in Indianapolis, recently faced a blow when its stock prices dipped. The reason? Their weight-loss drugs, Zepbound and Mounjaro, didn't sell as well as expected. The company predicted they'd make about $13. 5 billion in the December quarter, which is less than what experts thought. Specifically, Mounjaro made $3. 5 billion, and Zepbound mad...
This week, the earnings season begins with six major U. S. banks and a significant health insurer ready to share their results. Goldman Sachs, Wells Fargo, JPMorgan Chase, Citigroup, Morgan Stanley, and Bank of America are all set to report their fourth-quarter earnings. UnitedHealth, a key player in the health insurance industry, will also share its results. Analyst...
Everyone knows Nvidia for their gaming chips, but the company has much bigger plans. At the recent CES 2025 tech show, CEO Jensen Huang unveiled a new roadmap focusing on artificial intelligence (AI) in self-driving cars, robotics, and other cutting-edge fields. Nvidia is also cooking up new video game chips and more powerful, yet affordable hardware. Huang believes ...
Nvidia, a leader in graphics processing units (GPUs), is getting some positive vibes from analysts. Atif Malik from Citi has given the company a 'Buy' rating and set a price target of $175. That's quite a bit higher than its current price of $144. 47. Malik isn't the only one feeling optimistic. The overall analyst consensus is a strong 'Buy', with an average price t...
TCTM Kids IT Education Inc. , a company focused on teaching tech skills to kids, is going through a tough financial time. Even though their earnings went up, they've seen a big drop in their overall assets and current debts from June 2024 to December 2023. This means they're facing some serious money problems. Despite the increase in net revenues, they're still deali...
Meta's shares haven't slowed down in 2025, extending last year's gains. The company's focus on efficiency and cost-cutting in 2023 paid off big time, with a significant boost in operating margins and even a first-ever dividend. Despite some setbacks early in the year, the stock rebounded, fueled by investor enthusiasm for Meta's potential in artificial intelligence a...
Micron Technology, a top memory-chip maker, had a rough night after announcing their latest earnings. While they hit close to what experts predicted for the first quarter, their forecast for the next quarter didn't impress investors. This caused Micron's stock to drop dramatically in after-hours trading, losing more than 13% of its value. The company, based in Boise...