Stock Research

JPMorgan Chase & Co (NYSE: JPM) opened in the green on Friday after reporting strong results for its first financial quarter thanks primarily to the higher interest rates. Pro shares his view on the banking crisis Its quarterly update relieves some of the anxiety surrounding the banking sector at large following recent failures that helped… Continue reading JPMorgan reports record revenue for Q1: is banking crisis over?

Citigroup (NYSE: C) shares rose pre-market on Friday as the bank’s first quarter 2023 financial report showed a strong operational performance. The Citigroup stock price was nearly 2% up in premarket trading, rising above $48. Citi shares rise after Q1 revenue beat Among the key metrics for the banking giant, first quarter 2023 net income… Continue reading Citigroup shares up after strong first quarter results

The Vanguard Dividend Appreciation (VIG) ETF is bouncing back after it dropped to a multi-month low of $146 in March. It has jumped by 7% since then and is hovering at the highest level since February 17 of this year. Notably, the VIG ETF has outperformed the SCHD, which I wrote about here. VIG is… Continue reading VIG ETF stock is rising: is it a better buy than SCHD fund?

Shares of Tesco PLC (LON: TSCO) ended in the green on Thursday even though the retail giant said its pre-tax profit halved in fiscal 2023. Shore Capital recommends buying Tesco shares The stock remained resilient primarily because the supermarket issued better-than-expected guidance for the future. Tesco expects its retail adjusted operating profit to remain flat… Continue reading Tesco profits 2023: a reason to sell stock?

Apple Inc (NASDAQ: AAPL) is up 3.0% today following a Bloomberg report that its investments in India have already started to pay off. Jim Cramer reacts to the report The tech behemoth now makes about 7.0% of its iPhones in “Bharat” versus only 1.0% in 2021. Last year, Apple produced over $7.0 billion worth of… Continue reading Jim Cramer is ‘very excited’ about Apple stock: here’s why

Shares of Amazon.com Inc (NASDAQ: AMZN) are trading meaningfully up this morning after the tech behemoth launched “Bedrock”. What is Amazon Bedrock? The cloud service for generative artificial intelligence is expected to strengthen the multinational’s footing in AI. Discussing the launch with CNBC’s Andrew Ross Sorkin today, Amazon CEO Andy Jassy said: Most companies want… Continue reading Amazon Bedrock: another titan just joined the AI race

Oil is trading at its year-to-date high of $83 and change per barrel on Thursday but a Kpler analyst is convinced that it’s not out of room to run just yet. Why does he see more upside in oil prices? Matt Smith agrees that it might not be a linear increase but strong demand, he… Continue reading Oil price outlook: ‘we’ll see prices push a little higher from here’

Delta Air Lines Inc (NYSE: DAL) is trading down this morning after reporting earnings for is fiscal first quarter that came in slightly below the Street estimates. Delta Air Lines issues strong guidance On the plus side, though, the air carrier now expects record revenue in its current financial quarter. Per-share earnings, it added, will… Continue reading Delta Air Lines earnings: ‘we’re getting ready for a strong summer’

ContextLogic (NASDAQ: WISH) stock price has crashed to a record low as investors remain concerned about the company’s future. The parent company of the popular Wish.com, dropped to an all-time low of $7.8, bringing its market cap to over $185 million. The implosion of Wish.com continues Wish.com is a leading e-commerce brand known for its… Continue reading ContextLogic: Wish stock has more downside but don’t short it