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Oct 31 2024POLITICS

Elon Musk: Trump's Plans Could Crash Stock Market, but Long-Term Gain?

Billionaire Elon Musk seems unruffled by former President Trump’s economic proposals that could cause a temporary stock market dip and “hardship. ” Musk engaged with a post on his social platform X, agreeing that a Trump presidency might initially stir economic upheaval. However, he believes this “s

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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

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Oct 30 2024BUSINESS

Big Investments: Trump Media Outvalues Musk's Twitter

It seems like a lot has changed in the world of social media and politics. Trump Media & Technology Group, which is the parent company of Trump's social media platform Truth Social, is now valued at a whopping $10 billion! This sudden jump is quite a turnaround from late September when its shares we

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Oct 30 2024BUSINESS

AI Growth: A Casual Look at Some Favorite Stocks

You've probably heard a lot about AI stocks this year. They've been doing really well, and UBS thinks there's still a lot of room to grow. Let's start with Nvidia, a big name in chips. This year alone, it's gone up by almost 186%! That's way more than the S&P 500's rise of 22% in 2024. UBS says we'r

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Oct 30 2024POLITICS

Investing Wisely: Trends, Tech Stocks, and Election Impact

Investors are looking ahead to a big week in tech earnings. Stocks like Alphabet, Apple, and Amazon are already at record highs, and experts expect more growth. AI spending by these companies is also a hot topic. While AI might not show immediate results, it's seen as a long-term positive for the 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

Investment Expert Sees Trump Win and Bitcoin Gain

Meet Eric Beiley, a wise investment strategist who recently shared his thoughts on the stock market with Quartz. He highlighted that tech giants like Apple and Amazon are thriving and likely to continue doing so. When asked about artificial intelligence (AI), Beiley acknowledged it as a significant

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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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