STOCK ANALYSIS
WEEKLY FORECAST
FINANCIAL NEWS
Alibaba declines to give numbers on Singles Day for the first time

Chinese e-commerce giant Alibaba, for the first time, declined to disclose the final sales tally of its annual Singles Day shopping festival, another sign of the strong headwinds facing China's economy and businesses.

Beyond Meat reports weak sales and expects continued demand slowdown

On Wednesday, Beyond Meat Inc. reported tumbling sales and growing losses as rising freight and raw material costs eat into its margins.

Nvidia offers alternative chip for China that meets US export approval

After new rules threatened to cost Nvidia Corp. hundreds of millions of lost revenue, the most valuable chipmaker in the US has begun offering an alternative processor for customers in China to soften the blow from recently imposed US export restrictions.

Disney shares plunge following weak quarterly results, plans to cut costs

After Walt Disney Co. reported weaker-than-expected fourth-quarter earnings Tuesday and wiped out about $15 billion in market value, the company said it plans to cut marketing and content budgets.

3 Things to watch in today's markets

Facebook parent Meta Platforms Inc. is planning to begin widespread job cuts, joining Salesforce Inc. as it cut hundreds of workers from sales teams, seeking to improve profitability while facing slowing demand. Elsewhere, Billionaire Elon Musk unloaded another batch of Tesla Inc. shares to help fund his Twitter Inc. buyout.

Activision reports strong earnings, remains optimistic about Microsoft deal

While Activision Blizzard posted stronger-than-expected third-quarter earnings Monday, all eyes were on the video game publisher's all-cash deal to be acquired by Microsoft for $69 billion.

Apple warns China lockdowns to affect iPhone operations

Apple Inc. warned shipments of its high-end iPhone models would be hindered amid China lockdowns affecting operations at a supplier's factory.

PayPal beats revenue expectations in latest earnings, reaches deal with Apple

Following the results of its third-quarter earnings report Thursday, shares in PayPal Holdings Inc. were down as much as 13% in aftermarket trading despite beating earnings and revenue expectations.

Fractional shares:  How do they work and where can I buy them?

Fractional shares give those who have just started investing with limited budgets access to the market. It also allows investors to invest a specific dollar amount on a regular basis and help diversify a portfolio.

Qualcomm provides disappointing guidance sending shares down sharply

Shares of the world's biggest maker of smartphone processors, Qualcomm Inc., fell sharply in after-hours trading on Wednesday after giving far weaker guidance than expected.

Airbnb shares fall on weak quarterly guidance and despite earnings beat

On Tuesday, Airbnb shares fell after the company gave a fourth-quarter revenue forecast below market estimates, suggesting that consumer preferences are moving away from higher-cost rentals and back to urban and cross-border destinations.

Meta plunges on weak quarterly forecast and its bets on the metaverse

On Wednesday, Meta Platforms, formerly known as Facebook, gave a weak fourth-quarter forecast below analysts' estimates and a significant rise in cost next year, sending shares down nearly 20%.

Netflix snaps back at subscribers growth, adding 2.41 million viewers

After significant losses in its previous quarters, streaming giant Netflix snapped back to subscriber growth in the third quarter, giving the company a jump as it works to execute its latest strategic shift.

UPS beats earnings estimates and affirms full-year outlook in Q3 results

Shipping giant United Parcel Services reported third-quarter earnings on Tuesday that came in better than expected as higher delivery prices offset softening e-commerce demand.

BP posts stellar quarterly results and declares further buybacks

Significantly outperforming expectations, BP posted its second-highest quarterly profit on Tuesday and declared a further quarterly share buyback of $2.5 billion after repurchasing $7.6 billion so far this year.

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