The Fox Corporation (NASDAQ: FOX) stock price has been under pressure as investors come to terms with the abrupt firing of Tucker Carlson. The shares plunged to a low of $29.12, the lowest level since January. Tucker Carlson’s exit impact on Fox It is still unclear why Fox decided to fire the most popular person… Continue reading Fox stock: who will replace Tucker Carlson at Fox News?
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Meta shares up 12% on Q1 earnings: is there upside left in this stock?
Shares of Meta Platforms Inc (NASDAQ: META) went up 12% to a year-to-date high in extended trading after the tech behemoth reported a great start to its “year of efficiency”. Meta shares up on encouraging guidance More importantly, the Nasdaq-listed firm issued upbeat guidance for its current quarter. Meta sees revenue in the range of… Continue reading Meta shares up 12% on Q1 earnings: is there upside left in this stock?
Why are Roku shares trading up in extended hours?
Roku Inc (NASDAQ: ROKU) jumped nearly 7.0% in extended hours after reporting market-beating results for its fiscal first quarter. Roku shares up on upbeat guidance Shareholders are happy also because the company issued upbeat guidance. Roku is now calling for $770 million in revenue on $75 million of adjusted EBITDA loss in its current financial… Continue reading Why are Roku shares trading up in extended hours?
U.K. blocks Microsoft-Activision deal: Cramer says ‘they don’t need it’
Activision Blizzard Inc (NASDAQ: ATVI) is down about 10% today after the U.K. Competition and Markets Authority said it will not let Microsoft Corp (NASDAQ: MSFT) acquire this gaming giant. Cramer reacts to the CMA decision On Wednesday, the regulator concluded that the Microsoft-Activision merger will be a threat to competition as the former could… Continue reading U.K. blocks Microsoft-Activision deal: Cramer says ‘they don’t need it’
Tesla stock price forecast: ‘price aggression not supportive of high multiple’
The recent sell-off in shares of Tesla Inc (NASDAQ: TSLA) is not entirely unjustified, says Philippe Houchois. He’s a Senior Analyst at Jefferies. Jefferies’ updated Tesla stock price forecast On Wednesday, Houchois downgraded the electric vehicles company to “hold” and slashed his price objective to $185. The analyst attributes his Tesla stock price forecast to… Continue reading Tesla stock price forecast: ‘price aggression not supportive of high multiple’
Paytm share price has a big upside according to analysts
One 97 Communications (PAYTM) share price has moved sideways recently even as the company’s performance continues improving. The stock was trading at ₹650, where it has been in the past few days. This price is ~50% above the lowest point in 2022. Analysts are upbeat about Paytm One 97 Communications, the giant payment company that… Continue reading Paytm share price has a big upside according to analysts
Verizon adds 633k retail postpaid customers as revenue misses
Verizon (NYSE: VZ), the giant telecommunication company, published mixed financial results on Tuesday. Its total revenue came in at $32.9 billion, which was 1.9% below where it was in the same quarter in 2022. The results missed the analysts forecasts by $740 million. The company’s wireless revenue jumped by 3% to $18.9 billion while total… Continue reading Verizon adds 633k retail postpaid customers as revenue misses
Faraday Future stock is extremely vulnerable as cash dwindles
Faraday Future (NASDAQ: FFIE) stock price is trading close to its record low even as the company prepares for its vehicle deliveries. The shares are trading at $0.30, which is ~99% below its all-time high. Its total market cap has dropped to just $163 million. Faraday Future Intelligent bankruptcy risk Faraday Future is a well-known… Continue reading Faraday Future stock is extremely vulnerable as cash dwindles
UBS agrees, Rolls-Royce share price could hit 200p – technical analysis
Rolls-Royce Holdings (LON: RR) share price has moved sideways in the past few weeks as the recent rally takes a breather. RR has been one of the best-performing FTSE 100 constituents this year after jumping by more than 140% from the lowest level in October last year. In this article, we will look at what… Continue reading UBS agrees, Rolls-Royce share price could hit 200p – technical analysis