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Walmart Inc

Stop worrying and learn to love the triumph of Big Tech

by Adrian Jhonsan
Stop worrying and learn to love the triumph of Big Tech

If you still doubt the power that the biggest stocks have over this market, Friday’s performance should dispel it: Meta Platforms added $29.95, or 5.8%, bumping its gain this year …

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Categories World

Stock splits are back in fashion. Here’s why, and which companies could be next

by Adrian Jhonsan
Stock splits are back in fashion. Here’s why, and which companies could be next

Stock splits, long out of favor, are making a comeback. It started with Walmart, which announced a 3-for-1 stock split on Jan. 30, with the additional shares being distributed on …

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Categories World

IPO boom looks to break new records

by Adrian Jhonsan
IPO boom looks to break new records

A Swiggy delivery agent as seen in Kolkata , India , on 3 July 2023 . Famous food delivery company Swiggy faced a loss over 80% in 2022 according to …

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Categories World

Blistering AI demand drives a beat and raise

by Adrian Jhonsan
Blistering AI demand drives a beat and raise

Broadcom shares surged more than 14% in extended trading Wednesday after the chip and software maker delivered better-than-expected quarterly results, driven by strong artificial intelligence and VMware demand. Broadcom also …

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Categories World

Next drivers of Costco growth after a great quarter and a stock near records

by Adrian Jhonsan
Next drivers of Costco growth after a great quarter and a stock near records

Costco has multiple levers of growth at its disposal, which should lead to a further boost in the stock even after its already impressive year-to-date gains. Shares dropped more than …

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Categories World

Costco (COST) shares dip despite earnings beat. We see no cause for concern

by Adrian Jhonsan
Costco (COST) shares dip despite earnings beat. We see no cause for concern

Costco Wholesale ‘s third-quarter earnings topped Wall Street expectations on Thursday, driven by higher sales and lower-than-expected operating expenses. Even with a recent C-Suite transition, Costco delivered a business-as-usual quarter, …

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Categories World

Amazon Prime now includes a Grubhub food delivery subscription

by Ev Richard
Amazon Prime now includes a Grubhub food delivery subscription

An Amazon worker delivers packages on Cyber Monday in New York, US, on Monday, Nov. 27, 2023. Stephanie Keith | Bloomberg | Getty Images Amazon is offering Prime members free …

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Categories Technology

Here’s what adding Nvidia would mean for the 128-year-old Dow Industrials

by Adrian Jhonsan
Here’s what adding Nvidia would mean for the 128-year-old Dow Industrials

CFOTO | Future Publishing | Getty Images Nvidia last week announced a 10-for-1 stock split which will bring its share price from over $1,000 to a more affordable level for …

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Categories World

Is there a pullback in consumer spending? Here’s what CEOs say

by Monica Lozano
Is there a pullback in consumer spending? Here’s what CEOs say

People walk past a Sweetgreen restaurant in Manhattan on September 14, 2023.  Jeenah Moon | The Washington Post | Getty Images With higher prices and elevated interest rates stubbornly sticking …

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Categories Travel

Earnings from Nvidia, Target, Macy’s

by Adrian Jhonsan
Earnings from Nvidia, Target, Macy’s

CNBC’s Jim Cramer on Friday guided investors through next week’s earnings-filled schedule on Wall Street, saying to pay special attention to the report from Nvidia, one of the biggest players …

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Categories World
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