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stock

AI Stocks Take a Hit: Microsoft and Meta's AI Spending Shocks the Market

November 1, 2024

Thursday was a rough day for tech investors as stocks related to AI took a nosedive. The culprits? Microsoft and Meta, two giants in the tech world, both signaled that they'll need to spend big on AI in the future. This news didn't sit well with investors, who had been hoping for more growth. Micro

business

Stock Shake-Up: Tech and Travel Giants React to Unexpected Earnings

November 1, 2024

Today was full of surprises as several big names in tech and travel reported their earnings. Let's start with Carvana, the online used car dealer that zoomed ahead with a 19% stock boost. Why? They did better than expected in the third quarter, earning more money and bringing in more revenue than an

business

Super Micro's Stock Dives after Auditor Quits

November 1, 2024

Super Micro Computer’s stock has taken a beating, dipping to $28 per share after its auditor, Ernst & Young, decided to walk away. The server company, which joined the S&P 500 in March 2024, is now in hot water, possibly facing delisting from the Nasdaq. This isn’t the first time they’re dealing wit

finance

Trump's Fortune Dives as Stock Plummets

November 1, 2024

This week, former President Donald Trump's fortune took a big hit. His stake in Trump Media & Technology Group dropped by about $2. 4 billion. The company's stock, known as DJT, saw a sharp decline of almost 40% in two days. This sudden drop happened even after the stock had skyrocketed recently. Th

finance

Coinbase's Stock Drops: Crypto Market Slump Takes a Toll

October 31, 2024

Coinbase, a big player in the cryptocurrency world, had a rough third quarter. Their stock took a hit, dropping by 4% after the market closed. Why? Well, crypto trading was pretty quiet, and that's not good news for a company that makes money from people buying and selling digital currencies. The c

business

Microsoft's Mixed Q1: Strong Earnings, Lower Stock

October 31, 2024

Microsoft recently shared its fiscal first quarter earnings, and while they beat expectations, the future looks a bit cloudy. The tech giant made $3. 30 per share and raked in $65. 59 billion in revenue, both higher than predicted. That's a 16% yearly increase in revenue. But the stock dipped 4% aft

politics

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

October 31, 2024

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

finance

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

October 30, 2024

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

business

Big Investments: Trump Media Outvalues Musk's Twitter

October 30, 2024

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

business

AI Growth: A Casual Look at Some Favorite Stocks

October 30, 2024

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